WHEELING,
W.Va., Jan. 18, 2023 /PRNewswire/ -- WesBanco,
Inc. (NASDAQ: WSBC), a diversified, multi-state bank holding
company, announced today that its Board of Directors has declared a
quarterly cash dividend on the outstanding shares of its 6.75%
Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A
Preferred Stock") (NASDAQ: WSBCP). The declared cash dividend
on the Series A Preferred Stock is for the period from November 15, 2022, up to, but excluding
February 15, 2023. The declared
cash dividend equates to $0.421875
per depositary share, or $16.875 per
share of the Series A Preferred Stock outstanding. The cash
dividend is payable on February 15,
2023 to shareholders of record on February 1, 2023.
About WesBanco, Inc.
Founded in 1870, WesBanco, Inc.
(www.wesbanco.com) is a diversified and balanced financial services
company that delivers large bank capabilities with a community bank
feel. Our distinct long-term growth strategies are built upon
unique sustainable advantages permitting us to span six states with
meaningful market share. Built upon our 'Better Banking
Pledge', our customer-centric service culture is focused on growing
long-term relationships by pledging to serve all personal and
business customer needs efficiently and effectively.
Furthermore, our strong financial performance and employee focus
has earned us recognition by Forbes as both one of America's Best
Banks and Best Midsize Employers – the only midsize bank making the
top ten of both rankings. In addition to a full range of
online and mobile banking options and a full-suite of commercial
products and services, WesBanco provides trust, wealth management,
securities brokerage, and private banking services through our
century-old Trust and Investment Services department, with
approximately $4.6 billion of assets
under management (as of September 30, 2022). WesBanco's
banking subsidiary, WesBanco Bank, Inc., operates 194 financial
centers in the states of Indiana,
Kentucky, Maryland, Ohio, Pennsylvania, and West Virginia.
Additionally, WesBanco operates an insurance agency, WesBanco
Insurance Services, Inc., and a full-service broker/dealer,
WesBanco Securities, Inc.
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SOURCE WesBanco, Inc.