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

WSBC's Operating Income Growth by Quarter and Year

Wesbanco Inc 's Operating Income results by quarter and year




WSBC Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 64.06 66.29 64.56
III Quarter September 44.30 65.35 55.06 48.97
II Quarter June 53.94 53.00 89.18 4.53
I Quarter March 52.28 53.98 91.32 27.02
FY   150.52 236.39 301.85 145.08



WSBC Operating Income third quarter 2023 Y/Y Growth Comment
Wesbanco Inc reported fall in Operating Income in the third quarter 2023 by -32.22% to $ 44.30 millions, from the same quarter in 2022.
The drop in the third quarter 2023 Wesbanco Inc 's Operating Income compares unfavorably to the Company's average Operating Income jump of 64.23%.

Looking into third quarter 2023 results within Commercial Banks industry 59 other companies have achieved higher Operating Income growth. While Wesbanco Inc ' s Operating Income drop of -32.22% ranks overall at the positon no. 1719 in the third quarter 2023.

Explain Operating Income growth


WSBC Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - -3.36 % 2.68 % 48.69 %
III Quarter September -32.22 % 18.69 % 12.44 % 7.2 %
II Quarter June 1.77 % -40.57 % 1868.65 % -91.75 %
I Quarter March -3.15 % -40.89 % 237.97 % -45.08 %
FY   - -21.69 % 108.06 % -24.91 %

Financial Statements
Wesbanco Inc 's third quarter 2023 Operating Income $ 44.30 millions WSBC's Income Statement
Wesbanco Inc 's third quarter 2022 Operating Income $ 65.35 millions Quarterly WSBC's Income Statement
New: More WSBC's historic Operating Income Growth >>


WSBC Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - -1.97 % 20.4 % 31.84 %
III Quarter September -17.88 % 23.3 % -38.26 % 981.02 %
II Quarter June 3.18 % -1.82 % -2.34 % -83.23 %
I Quarter March -18.39 % -18.57 % 41.45 % -37.77 %
FY (Year on Year)   - -21.69 % 108.06 % -24.91 %




Operating Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #60
Financial Sector #518
Overall #1719

Operating Income Y/Y Growth Statistics
High Average Low
1868.65 % 64.23 % -100 %
(Jun 30 2021)   (Mar 31 2016)
Operating Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #60
Financial Sector #518
Overall #1719
Operating Income Y/Y Growth Statistics
High Average Low
1868.65 % 64.23 % -100 %
(Jun 30 2021)   (Mar 31 2016)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Wesbanco Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
981.1 % 29.43 % -100 %
(Sep 30 2020)  


WSBC's III. Quarter Q/Q Operating Income Comment
In the III. Quarter 2023 Wesbanco Inc reported fall in Operating Income sequentially by -17.88% to $ 44.30 millions, from $ 53.94 millions released a quarter before.

Even cyclical factors have not rescue the III. Quarter for the Wesbanco Inc , Liam U. Miller, market expert situated in Chicago wrote, he voiced some pessimism for the Wesbanco Inc 's direction, he detected further challenges down the road for Wesbanco Inc .

Within Commercial Banks industry 34 other companies have achieved higher Operating Income quarter on quarter growth. While Wesbanco Inc 's Operating Income growth quarter on quarter, overall rank is 983.


Operating Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #35
Financial Sector #290
Overall #983
Operating Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #35
Financial Sector #290
Overall #983
Operating Income Q/Q Growth Statistics
High Average Low
981.1 % 29.43 % -100 %
(Sep 30 2020)  


WSBC's III. Quarter Q/Q Operating Income Comment
In the III. Quarter 2023 Wesbanco Inc reported fall in Operating Income from the previous quarter by -17.88% to $ 44.30 millions, from $ 53.94 millions achived in the previous reporting period.

Even seasonal factors which commonly fuel III. Quarter 2023 performance, have not rescue the III. Quarter for the Wesbanco Inc , Liam U. Miller, market expert situated in Chicago pointed out, he voiced certan caution for the Wesbanco Inc 's direction, he identified new challenges down the road for the Commercial Banks's company and continued that average quarter on quarter Operating Income growth is at 29.43% for the Commercial Banks's company.

Within Commercial Banks industry 34 other companies have achieved higher Operating Income quarter on quarter growth. While Wesbanco Inc 's Operating Income growth quarter on quarter, overall rank is 983.


Wesbanco Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Operating Income 12 Months Ending $ 214.58 $ 235.64 $ 234.70 $ 236.40 $ 238.63
Y / Y Operating Income Growth (TTM) -10.08 % 3.2 % -11.27 % -21.68 % -20.49 %
Year on Year Operating Income Growth Overall Ranking # 734 # 1521 # 558 # 162 # 1169
Seqeuential Operating Income Change (TTM) -8.94 % 0.4 % -0.72 % -0.93 % 4.51 %
Seq. Operating Income Growth (TTM) Overall Ranking # 485 # 1382 # 1236 # 1024 # 627




Cumulative Operating Income growth Comment
For the 12 months ended Sep 30 2023 Wesbanco Inc reported a decline in Operating Income by -10.08% year on year, to $215 millions, compare to the 3.2% growth at Jun 30 2023.

In the Financial sector 170 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 734, from total ranking in previous quarter at 1521.

Operating Income TTM Q/Q Growth Statistics
High Average Low
143.71 %
14.36 %
-39.33 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 9
Financial Sector # 171
Overall # 734

Operating Income TTM Y/Y Growth Statistics
High Average Low
143.71 %
14.36 %
-39.33 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 9
Sector # 104
S&P 500 # 485
Cumulative Operating Income growth Comment
For the 12 months ended Sep 30 2023 Wesbanco Inc reported a decline in Operating Income by -10.08% year on year, to $215 millions, compare to the 3.2% growth at Jun 30 2023.

In the Financial sector 170 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 734, from total ranking in previous quarter at 1521.

Operating Income TTM Q/Q Growth Statistics
High Average Low
143.71 %
14.36 %
-39.33 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 9
Financial Sector # 171
Overall # 734

Operating Income TTM Y/Y Growth Statistics
High Average Low
143.71 %
14.36 %
-39.33 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 9
Sector # 104
S&P 500 # 485




Other Operating Income Growth
Commercial Banks Industry Operating Income Growth Trends and Statistics
Financial Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
WSBC's Operating Income Growth Ratio versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for WSBC's Competitors
Operating Income Growth for Wesbanco Inc 's Suppliers
Operating Income Growth for WSBC's Customers

You may also want to know
WSBC's Annual Growth Rates 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
WSBC's Roa WSBC's Inventory Turnover Ratio WSBC's Growth Rates WSBC's Dividend Comparisons



Companies with similar Operating Income decline for the quarter ending Sep 30 2023 within Financial SectorY/Y Change %Operating Income for the quarter ending Sep 30 2023
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Crossfirst Bankshares inc -1.22%$ -1.222 millions
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Brixmor Property Group Inc -1.43%$ -1.430 millions
California Bancorp-1.57%$ -1.571 millions
Onemain Holdings Inc -1.60%$ -1.600 millions
Unity Bancorp inc -1.66%$ -1.658 millions
Bank7 Corp -1.92%$ -1.922 millions
Wsfs Financial Corporation-1.96%$ -1.961 millions
First Capital Inc-2.21%$ -2.212 millions
Gladstone Land Corp-2.54%$ -2.541 millions
Peakstone Realty Trust-2.63%$ -2.627 millions
Kimco Realty Corporation-2.63%$ -2.631 millions
Amerisafe Inc -3.00%$ -3.002 millions
Community Healthcare Trust inc-3.01%$ -3.006 millions
Commerce Bancshares Inc -3.11%$ -3.109 millions
American International Group Inc -3.37%$ -3.370 millions
Connectone Bancorp Inc -3.42%$ -3.420 millions
Hannon Armstrong Sustainableinfrastructure Capital-3.57%$ -3.573 millions
Prologis Inc -3.59%$ -3.592 millions
Live Oak Bancshares Inc -3.68%$ -3.679 millions
Consumers Bancorp Inc-3.69%$ -3.685 millions
Enact Holdings Inc -3.71%$ -3.714 millions
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Bank Of Hawaii Corporation-4.35%$ -4.351 millions




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