WesBanco: 4Q Earnings Snapshot

WHEELING, W.Va. (AP) _ WesBanco Inc. (WSBC) on Tuesday reported fourth-quarter profit of $52.9 million.

The bank, based in Wheeling, West Virginia, said it had earnings of 75 cents per share. Earnings, adjusted for restructuring costs, came to 76 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The holding company for WesBanco Bank posted revenue of $163.2 million in the period. Its revenue net of interest expense was $152.4 million, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $151.6 million.

For the year, the company reported profit of $122 million, or $1.77 per share. Revenue was reported as $607.7 million.

WesBanco shares have risen 3.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $31, a drop of 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSBC at https://www.zacks.com/ap/WSBC