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Wesbanco Inc   (WSBC)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial


Wesbanco Inc 's ROA from the third quarter of 2023 to the third quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Wesbanco Inc 's ROA in the third quarter of 2023?
Wesbanco Inc achieved a return on average assets (ROA) of 1 % in its third quarter of 2023, which is below Wesbanco Inc 's average return on assets, which stands at 1.08%.

ROA decreased relative to the period ending Jun 30 2023, due to the decline in net income.

However, within the Financial sector 543 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to 2193, from total ROA ranking in the second quarter of 2023 at 2270.

What is ROA?


Return On Assets (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Total Assets Change 4.37 % 5.26 % 2.99 % 2.06 % 0.3 %
Y / Y Net Income Change -30.53 % 4.99 % -4.04 % -3.58 % 19.42 %
Net Income (TTM) in million 176 192 190 192 194
Return On Assets (TTM) 1 % 1.11 % 1.11 % 1.13 % 1.15 %
WSBC's Total Ranking # 2193 # 2270 # 2343 # 2627 # 2477
Total Assets (TTM) in million 17,684 17,683 17,616 17,276 16,943
Seq. Total Assets Change 0 % 0.38 % 1.97 % 1.97 % 0.85 %
Seq. Net Income Change -17.91 % 6 % -18.9 % -1.56 % 24.06 %



Return On Assets Company Ranking
Within: No.
Industry # 42
Sector # 544
Overall # 2189

Return On Assets Statistics
High Average Low
1.43 %
1.08 %
0.65 %
(Sep 30 2021)   (Sep 30 2020)





Financial Statements
Wesbanco Inc 's Assets $ 17,684 million WSBC's Balance sheet
Wesbanco Inc 's Income $ 37 million Quarterly WSBC's Income Statement
WSBC's Income by Division See WSBC's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
Y / Y Total Assets Change 2.06 % 3.05 % 4.49 % 26.18 % 26.92 %
Total Assets in million 17,276 16,927 16,426 15,720 12,459
Y / Y Net Income Change -20.7 % 98.5 % -23.18 % 11.01 % 51.47 %
Net Income in million 192 242 122 159 143
Return On Assets 1.11 % 1.43 % 0.74 % 1.01 % 1.15 %




Comment on WSBC's ROA in the fiscal year ending 2022
In the fiscal year 2022 Wesbanco Inc 's ROA decreased compared to previous year to 1.11 %, due to deterioration of net income -20.7 % to $192.11 million, from $242.26 million a year ago, as WSBC's assets were $17,276.02 million.


More Return On Assets Ratios
WSBC's' Return on Assets at Yahoo Finance
Commercial Banks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
WSBC's Roa Ratio versus Commercial Banks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for WSBC's Competitors
Roa for Wesbanco Inc 's Suppliers
Return On Assets for WSBC's Customers

You may also want to know
WSBC's Roi WSBC's Inventory Turnover Ratio WSBC's Growth Rates WSBC's Dividend Comparisons
WSBC's Profitability Ratios WSBC's Asset Turnover Ratio WSBC's Dividend Growth
WSBC's Roe WSBC's Valuation Ratios WSBC's Financial Strength Ratios WSBC's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2023, within Financial Sector ROA
The Hartford Financial Services Group Inc   2.73 %
Finnovate Acquisition Corp   2.73 %
International Bancshares Corporation  2.72 %
Ladder Capital Corp  2.72 %
Northeast Community Bancorp inc   2.71 %
Slam Corp   2.70 %
Invesco Ltd   2.70 %
Uwm Holdings Corporation  2.67 %
Kimco Realty Corporation  2.66 %
Universal Insurance Holdings Inc   2.64 %
Futuretech Ii Acquisition Corp   2.63 %
Sk Growth Opportunities Corporation  2.63 %
Hg Holdings Inc   2.62 %
Acri Capital Acquisition Corporation  2.60 %
Swiftmerge Acquisition Corp   2.60 %
Discover Financial Services  2.57 %
Omega Healthcare Investors inc   2.55 %
Walker and Dunlop Inc   2.54 %
New York Community Bancorp Inc   2.52 %
Camden Property Trust  2.52 %
Ault Disruptive Technologies Corporation  2.52 %
Dmy Squared Technology Group Inc   2.50 %
Zalatoris Acquisition Corp   2.49 %
Churchill Capital Corp Vi  2.49 %
Tectonic Financial Inc   2.48 %
Medallion Financial Corp  2.47 %
The Bancorp Inc   2.47 %
Atlantic Coastal Acquisition Corp Ii  2.45 %
Accretion Acquisition Corp   2.44 %
Arbor Realty Trust Inc   2.42 %


Date modified: 2023-11-03T16:17:02+00:00


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