WesBanco, Inc. (WSBC) Balance Sheet
WSBC balance sheet, 2025
December 31, 2025 · U.S. dollars$27.70B assets = $23.66B liabilities + $4.03B equity
Both columns are drawn to the same scale: what WSBC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
WSBC financial health
Descriptive bands, not a rating. Fiscal 2025.
WSBC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $9.79B2016 | $27.70B2025 | +12.2%/yr | |
| Total liabilities | $8.45B2016 | $23.66B2025 | +12.1%/yr | |
| Shareholders’ equity | $1.34B2016 | $4.03B2025 | +13.0%/yr | |
| Cash & short-term investments | $1.37B2016 | $204.9M2025 | −19.0%/yr | |
| Total debt | $1.33B2016 | $1.66B2025 | +2.5%/yr | |
| Net cash (debt) | $37.4M2016 | −$1.46B2025 | −$1.5B | |
| Working capital | −$5.84B2016 | −$956.4M2025 | +$4.9B | |
| Book value per share | $33.432016 | $44.942025 | +3.3%/yr | |
| Debt / equity | 0.992016 | 0.412025 | −0.58 | |
| Shares outstanding | 40.1M2016 | 89.7M2025 | +9.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
WSBC assets
WSBC liabilities and equity
WSBC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
WSBC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $204.9M | $780.7M | $2.79B | $2.94B | $4.26B | $2.88B | $2.63B | $2.28B | $1.39B | $1.37B |
| Cash & equivalents | $204.9M | $568.1M | $595.4M | $408.4M | $1.25B | $905.4M | $234.8M | $169.2M | $117.6M | $128.2M |
| Short-term investments | $3.29B | $212.6M | $2.19B | $2.53B | $3.01B | $1.98B | $2.39B | $2.11B | $1.27B | $1.24B |
| Receivables | $106.7M | $78.3M | $77.4M | $68.5M | $60.8M | $66.8M | $43.6M | $38.9M | $29.7M | $28.3M |
| Inventory | $0 | $0 | $81.1M | $1.5M | −$1.31B | −$972.8M | −$282.6M | $7.3M | $5.3M | $8.3M |
| Other current assets | $0 | $0 | $0 | $0 | $1.31B | $972.8M | $282.6M | $0 | $0 | $0 |
| Total current assets | $311.5M | $859.0M | $2.87B | $3.01B | $4.33B | $2.95B | $2.67B | $2.32B | $1.41B | $1.40B |
| Property, plant & equipment (net) | $263.2M | $219.1M | $233.6M | $220.9M | $229.0M | $249.4M | $261.0M | $166.9M | $130.7M | $133.3M |
| Goodwill & intangible assets | $1.72B | $1.12B | $1.13B | $1.14B | $1.15B | $1.16B | $1.15B | $918.9M | $589.3M | $593.2M |
| Long-term investments | $4.45B | $3.41B | $3.41B | $3.79B | $4.03B | $168.4M | $10.26B | $7.62B | $6.32B | $6.22B |
| Other non-current assets | $20.95B | $13.07B | $10.07B | $8.77B | $7.19B | $11.89B | $1.38B | $1.43B | $1.37B | $1.44B |
| Total assets | $27.70B | $18.68B | $17.71B | $16.93B | $16.93B | $16.43B | $15.72B | $12.46B | $9.82B | $9.79B |
| Liabilities | ||||||||||
| Accounts payable | $19.1M | $14.2M | $11.1M | $4.6M | $1.9M | $4.3M | $8.1M | $4.6M | $3.2M | $2.2M |
| Short-term debt | $1.27B | $192.1M | $105.9M | $135.1M | $141.9M | $241.9M | $282.4M | $581.0M | $184.8M | $199.4M |
| Deferred revenue | — | — | −$11.1M | — | — | — | — | −$3.59B | −$2.87B | −$2.79B |
| Total current liabilities | $1.27B | $14.34B | $13.29B | $13.27B | $13.71B | $12.68B | $11.29B | $9.42B | $7.23B | $7.24B |
| Long-term debt | $1.51B | $1.28B | $1.63B | $986.4M | $316.8M | $741.3M | $205.5M | $189.8M | $164.3M | $163.6M |
| Other long-term liabilities | $20.89B | $274.7M | $264.5M | $248.1M | $207.5M | $251.9M | $1.63B | $872.7M | $1.02B | $1.04B |
| Total liabilities | $23.66B | $15.89B | $15.18B | $14.51B | $14.23B | $13.67B | $13.13B | $10.48B | $8.42B | $8.45B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $200.1M | $157.0M | $141.8M | $141.8M | $141.8M | $141.8M | $141.8M | $113.8M | $91.8M | $91.5M |
| Retained earnings (deficit) | $1.25B | $1.19B | $1.14B | $1.08B | $977.8M | $831.7M | $824.7M | $737.6M | $645.8M | $597.1M |
| Treasury stock | — | — | — | — | −$199.8M | −$25.9M | −$9.5M | −$274,000 | $0 | $0 |
| Accumulated other comprehensive income | −$135.6M | −$220.7M | −$228.7M | −$264.2M | −$6.8M | $29.9M | −$103,000 | −$38.9M | −$32.5M | −$27.7M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $4.03B | $2.79B | $2.53B | $2.43B | $2.69B | $2.76B | $2.59B | $1.98B | $1.40B | $1.34B |
| Key figures | ||||||||||
| Total debt | $1.66B | $1.47B | $1.73B | $1.12B | $458.7M | $983.2M | $1.90B | $1.83B | $1.30B | $1.33B |
| Net cash (debt) | −$1.46B | −$690.7M | $1.05B | $1.82B | $3.81B | $1.90B | $730.5M | $458.3M | $87.7M | $37.4M |
| Working capital | −$956.4M | −$13.48B | −$10.42B | −$10.26B | −$9.38B | −$9.73B | −$8.62B | −$7.10B | −$5.82B | −$5.84B |
| Tangible book value | $2.31B | $1.67B | $1.40B | $1.29B | $1.54B | $1.59B | $1.44B | $1.06B | $806.1M | $748.2M |
| Book value per share | $44.94 | $44.53 | $42.62 | $40.30 | $41.01 | $40.96 | $46.14 | $40.37 | $31.66 | $33.43 |
| Shares outstanding | 89.7M | 62.7M | 59.4M | 60.2M | 65.7M | 67.3M | 56.2M | 49.0M | 44.1M | 40.1M |
| Current ratio | 0.25 | 0.06 | 0.22 | 0.23 | 0.32 | 0.23 | 0.24 | 0.25 | 0.19 | 0.19 |
| Quick ratio | 0.25 | 0.06 | 0.22 | 0.23 | 0.32 | 0.23 | 0.24 | 0.25 | 0.20 | 0.19 |
| Debt / equity | 0.41 | 0.53 | 0.68 | 0.46 | 0.17 | 0.36 | 0.73 | 0.92 | 0.93 | 0.99 |
| Equity / assets | 14.6% | 14.9% | 14.3% | 14.3% | 15.9% | 16.8% | 16.5% | 15.9% | 14.2% | 13.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $5.31B | $214.5M | $204.9M | $1.24B | $1.41B | $1.35B | $780.7M | $2.85B | $2.59B | $2.63B | $2.79B | $2.69B |
| Cash & equivalents | $871.8M | $214.5M | $204.9M | $1.01B | $1.16B | $1.09B | $568.1M | $620.9M | $486.8M | $509.7M | $595.4M | $495.1M |
| Short-term investments | $4.44B | $3.30B | $3.29B | $234.4M | $248.1M | $253.8M | $212.6M | $2.23B | $2.10B | $2.12B | $2.19B | $2.20B |
| Receivables | $102.3M | $105.3M | $106.7M | $108.9M | $106.4M | $108.8M | $78.3M | $79.5M | $79.8M | $78.6M | $77.4M | $73.0M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$2.93B | $94.1M | −$217.5M | $81.1M | −$569.4M |
| Other current assets | $0 | $0 | $0 | $0 | $2.97B | $0 | $0 | $2.93B | $0 | $217.5M | $0 | $569.4M |
| Total current assets | $5.41B | $319.7M | $311.5M | $1.35B | $4.49B | $1.45B | $859.0M | $2.93B | $2.67B | $2.71B | $2.87B | $2.76B |
| Property, plant & equipment (net) | $248.2M | $251.3M | $263.2M | $267.5M | $274.1M | $281.5M | $219.1M | $222.0M | $222.3M | $232.6M | $233.6M | $226.4M |
| Goodwill & intangible assets | $1.71B | $1.72B | $1.72B | $1.74B | $1.75B | $1.75B | $1.12B | $1.13B | $1.13B | $1.13B | $1.13B | $1.13B |
| Long-term investments | $4.44B | $4.45B | $4.45B | $4.45B | $4.39B | $4.32B | $3.41B | $3.40B | $3.29B | $3.32B | $3.41B | $3.42B |
| Other non-current assets | $15.99B | $20.75B | $20.95B | $19.71B | $16.68B | $19.60B | $13.07B | $10.83B | $10.81B | $10.38B | $10.07B | $9.80B |
| Total assets | $27.80B | $27.48B | $27.70B | $27.52B | $27.57B | $27.41B | $18.68B | $18.51B | $18.13B | $17.77B | $17.71B | $17.34B |
| Liabilities | ||||||||||||
| Accounts payable | $17.6M | $19.9M | $19.1M | $25.5M | $26.0M | $26.6M | $14.2M | $16.4M | $15.4M | $15.9M | $11.1M | $11.4M |
| Short-term debt | $1.44B | $114.1M | $1.27B | $113.5M | $103.7M | $147.8M | $192.1M | $140.6M | $105.8M | $145.9M | $105.9M | $106.7M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$15.4M | −$15.9M | −$11.1M | — |
| Total current liabilities | $23.03B | $114.1M | $1.27B | $21.42B | $103.7M | $21.47B | $14.34B | $13.99B | $13.55B | $13.66B | $13.29B | $13.21B |
| Long-term debt | $1.66B | $1.28B | $1.51B | $1.63B | $2.11B | $1.84B | $1.28B | $1.45B | $1.75B | $1.38B | $1.63B | $1.41B |
| Other long-term liabilities | $0 | $22.01B | $20.89B | $344.9M | $21.64B | $327.4M | $274.7M | $263.9M | $276.4M | $196.7M | $264.5M | $281.0M |
| Total liabilities | $23.69B | $23.41B | $23.66B | $23.40B | $23.75B | $23.63B | $15.89B | $15.71B | $15.58B | $15.23B | $15.18B | $14.90B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $200.4M | $200.3M | $200.1M | $200.1M | $200.0M | $199.3M | $157.0M | $157.0M | $141.8M | $141.8M | $141.8M | $141.8M |
| Retained earnings (deficit) | $1.35B | $1.30B | $1.25B | $1.21B | $1.17B | $1.15B | $1.19B | $1.17B | $1.16B | $1.15B | $1.14B | $1.13B |
| Accumulated other comprehensive income | −$153.2M | −$149.6M | −$135.6M | −$150.8M | −$175.7M | −$192.8M | −$220.7M | −$183.9M | −$237.3M | −$237.0M | −$228.7M | −$299.9M |
| Total shareholders' equity | $4.11B | $4.07B | $4.03B | $4.12B | $3.82B | $3.78B | $2.79B | $2.80B | $2.54B | $2.54B | $2.53B | $2.45B |
| Key figures | ||||||||||||
| Total debt | $1.75B | $1.40B | $1.66B | $1.75B | $2.21B | $1.98B | $1.47B | $1.59B | $1.86B | $1.53B | $1.73B | $1.51B |
| Net cash (debt) | $3.56B | −$1.18B | −$1.46B | −$504.3M | −$806.3M | −$638.9M | −$690.7M | $1.25B | $729.0M | $1.10B | $1.05B | $1.18B |
| Working capital | −$17.62B | $205.7M | −$956.4M | −$20.07B | $4.38B | −$20.01B | −$13.48B | −$11.07B | −$10.88B | −$10.95B | −$10.42B | −$10.44B |
| Tangible book value | $2.40B | $2.35B | $2.31B | $2.38B | $2.07B | $2.03B | $1.67B | $1.68B | $1.42B | $1.41B | $1.40B | $1.31B |
| Book value per share | $42.50 | $42.27 | $44.94 | $45.88 | $44.17 | $49.10 | $41.65 | $43.35 | $42.65 | $42.64 | $42.59 | $41.18 |
| Shares outstanding | 96.7M | 96.3M | 89.7M | 89.7M | 86.5M | 77.0M | 67.0M | 64.6M | 59.7M | 59.5M | 59.5M | 59.4M |
| Current ratio | 0.24 | 2.80 | 0.25 | 0.06 | 43.28 | 0.07 | 0.06 | 0.21 | 0.20 | 0.20 | 0.22 | 0.21 |
| Quick ratio | 0.24 | 2.80 | 0.25 | 0.06 | 14.58 | 0.07 | 0.06 | 0.21 | 0.20 | 0.20 | 0.22 | 0.21 |
| Debt / equity | 0.43 | 0.34 | 0.41 | 0.42 | 0.58 | 0.52 | 0.53 | 0.57 | 0.73 | 0.60 | 0.68 | 0.62 |
| Equity / assets | 14.8% | 14.8% | 14.6% | 15.0% | 13.9% | 13.8% | 14.9% | 15.1% | 14.0% | 14.3% | 14.3% | 14.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 2, 2026); data from EODHD.
WSBC financial position
At the end of fiscal 2025 (December 31, 2025), WesBanco had total assets of $27.7 billion (up 48.2% from a year earlier), total liabilities of $23.7 billion and shareholders' equity of $4.0 billion. It held $204.9 million in cash and short-term investments against $1.7 billion of debt, net debt of $1.5 billion. Its current ratio was 0.25. In the latest quarter (ended June 30, 2026) total assets were $27.8 billion and equity $4.1 billion.
Related: WSBC income statement, WSBC cash flow statement, WSBC key metrics. See the WSBC stock overview for the latest quote and news.
WSBC balance sheet FAQ
What are WesBanco's total assets?
WesBanco reported total assets of $27.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $18.7 billion a year earlier.
How much debt does WesBanco have?
WesBanco had $1.7 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.41.
How much cash does WesBanco have?
WesBanco held $204.9 million in cash and short-term investments at the end of fiscal 2025; with $1.7 billion of debt that is net debt of $1.5 billion.
What is WesBanco's book value?
WesBanco's shareholders' equity (book value) was $4.0 billion at the end of fiscal 2025, or $44.94 per share.
What is WesBanco's current ratio?
WesBanco had current assets of $311.5 million and current liabilities of $1.3 billion, a current ratio of 0.25 (current liabilities exceed current assets).
How much goodwill does WesBanco have?
WesBanco carried $1.7 billion of goodwill and intangible assets, 6.2% of total assets, at the end of fiscal 2025.