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WesBanco WSBC Trust And Investment Services — Income Tax Expense Benefit
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Where this comes from
Reported directly by WesBanco in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.
The source filing: WesBanco’s 10-Q, filed April 30, 2026.
- Filed
- Apr 30, 2026, 4:13 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001193125-26-197299
| (unaudited, in thousands) / For The Three Months Ended March 31, 2026: | Community Banking | Trust and Investment Services | Corporate Other | Totals |
|---|---|---|---|---|
| Corporate overhead expenses (5) | — | 1,967 | — | |
| Other segment items (6) | 4,169 | 146 | 34 | |
| Segment profit (loss) before provision for income taxes | 116,000 | 2,911 | (7,487) | |
| Provision for income taxes | 23,869 | 611 | (1,691) | |
| Segment profit (loss) | $92,131 | $2,300 | $(5,796) | $88,635 |
| Reconciliation of segment profit | ||||
| Preferred stock dividends | (4,240) | |||
| Net income available to common shareholders | $84,395 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is WesBanco's trust and investment services — income tax expense benefit?
- WesBanco (WSBC) reported trust and investment services — income tax expense benefit of $611K in Q1 2026.
- How has WesBanco's trust and investment services — income tax expense benefit changed year-over-year?
- WesBanco's trust and investment services — income tax expense benefit decreased by 12.2% year-over-year, from $696K to $611K.
- What is the long-term trend for WesBanco's trust and investment services — income tax expense benefit?
- Over 4 years (2021 to 2025), WesBanco's trust and investment services — income tax expense benefit has grown at a -3.8% compound annual growth rate (CAGR), from $2.76M to $2.36M.
- What does trust and investment services — income tax expense benefit mean?
- This represents the portion of the trust and investment services segment's earnings allocated to income tax obligations. It reflects the tax impact on the segment's bottom line based on applicable corporate tax rates and jurisdictional requirements. Monitoring this helps analysts understand the effective tax burden specific to the wealth management business unit.
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