WesBanco, Inc. (Nasdaq: WSBC) Expands with Premier Financial Corp. Acquisition

WesBanco, Inc. (Nasdaq: WSBC), a diversified bank holding company with a rich history spanning over 150 years, is headquartered in Wheeling, West Virginia. WesBanco offers a wide range of financial services, including retail and commercial banking, trust, brokerage, wealth management, and insurance services.

The company has recently expanded its reach by acquiring Premier Financial Corp., significantly increasing its presence in the Midwest. The acquisition of Premier Financial Corp. marks a pivotal moment for WesBanco, as it transitions approximately 400,000 consumer and 50,000 business relationships. This move includes the rebranding of around 70 financial centers, which reopened as WesBanco locations on May 19, 2025.

This expansion brings WesBanco's total to over 250 financial centers across nine states, enhancing its regional footprint. WesBanco's assets now exceed $27 billion, positioning it among the top 100 largest insured depository organizations in the U.S. and the 8th largest bank in Ohio by deposit market share. The integration of approximately 900 new employees from Premier further strengthens WesBanco's workforce, as highlighted by Jeff Jackson, President and CEO of WesBanco. This milestone is celebrated with customer appreciation events throughout June.

In the stock market, WesBanco's stock (WSBC) is currently priced at $30.53, with a slight decrease of 0.03% today. The stock has experienced a 52-week high of $37.36 and a low of $25.56. The company's market capitalization is approximately $2.92 billion, with a trading volume of 264,866 shares on the NASDAQ exchange. Kerry M. Stemler, a director at WesBanco, recently purchased 270 shares of common stock at $30.90 each, increasing his total ownership to approximately 109,356 shares. This transaction reflects confidence in the company's future prospects, as WesBanco continues to focus on community-driven financial services and expanding its influence in the region.