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

Wesbanco Inc 's Annual Effective Tax Rate

Five Year Trends




WSBC Annual Effective Tax Rate

(Dec 31 2022)
(Dec 31 2021)
(Dec 31 2020)
(Dec 31 2019)
(Dec 31 2018)
Y / Y Annual Pre-Tax Income Growth -21.68 % 108.06 % -24.91 % 10.71 % 17.69 %
Y / Y Annual Income taxes expenses / -benefit Growth -25.68 % 158.69 % -32.92 % 9.32 % -41.62 %
Annual Effective Tax Rate 18.73 % 19.74 % 15.88 % 17.77 % 18 %


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Annual Effective Tax Rate Comment
Wesbanco Inc 's effective tax rate in (Dec 31 2022) decreased compare to previous year to 18.73 % from 19.74 % a year ago.
WSBC payed income tax of $44.29 millions of dollars in (Dec 31 2022) and $59.59 millions one year before.



Companies with similar Annual Effective Tax Rate in the Fiscal Year ending Dec 31 2022, within Commercial Banks Industry Annual Effective Tax RateDec 31 2022 FY Annual Income taxes expenses / -benefitDec 31 2022 FY Annual Pre-Tax Income
United Security Bancshares  28.89 %$ 6.373 $ 22.059 
Banc Of California Inc   28.39 %$ 47.945 $ 168.884 
Dime Community Bancshares Inc  28.01 %$ 59.359 $ 211.915 
Hanmi Financial Corporation  27.95 %$ 39.333 $ 140.727 
Valley National Bancorp  27.13 %$ 211.816 $ 780.667 
The Bancorp Inc   26.81 %$ 47.701 $ 177.914 
Westamerica Bancorporation  26.30 %$ 43.557 $ 165.591 
Hope Bancorp Inc   26.27 %$ 77.771 $ 296.048 
Shore Bancshares Inc   26.02 %$ 10.964 $ 42.141 
Wsfs Financial Corporation  25.93 %$ 77.961 $ 300.609 
Shinhan Financial Group Co Ltd   25.47 %$ 1,503.892 $ 5,904.803 
Optimumbank Holdings Inc   25.39 %$ 1.369 $ 5.392 
Pacwest Bancorp  25.36 %$ 143.955 $ 567.568 
Sandy Spring Bancorp Inc   25.21 %$ 56.059 $ 222.358 
Nicolet Bankshares Inc  25.03 %$ 31.477 $ 125.737 
Farmers and Merchants Bancorp  24.72 %$ 24.651 $ 99.741 
First United Corporation  24.51 %$ 8.133 $ 33.181 
Evans Bancorp Inc   24.24 %$ 7.163 $ 29.552 
Bank First Corp  24.18 %$ 14.419 $ 59.633 
Oceanfirst Financial Corp   24.01 %$ 46.565 $ 193.922 
Limestone Bancorp Inc   23.95 %$ 5.776 $ 24.118 
Southern First Bancshares Inc   23.61 %$ 8.998 $ 38.113 
Alerus Financial Corporation  23.34 %$ 12.177 $ 52.182 
Ames National Corporation  23.32 %$ 5.868 $ 25.161 
Northwest Bancshares inc   23.04 %$ 40.026 $ 173.692 
Capital Bancorp Inc  22.92 %$ 12.430 $ 54.234 
Nbt Bancorp Inc  22.51 %$ 44.161 $ 196.156 
Wilson Bank Holding Co  22.12 %$ 15.056 $ 68.076 
Comerica Incorporated  22.02 %$ 325.000 $ 1,476.000 
Meridian Corp  21.82 %$ 6.091 $ 27.920 





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