WesBanco Historical Income Statement
WSBC Stock | USD 35.18 0.06 0.17% |
Historical analysis of WesBanco income statement accounts such as Interest Expense of 241.7 M, Other Operating Expenses of 311.9 M, Operating Income of 161.6 M or Ebitda of 8.6 M can show how well WesBanco performed in making a profits. Evaluating WesBanco income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of WesBanco's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining WesBanco latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether WesBanco is a good buy for the upcoming year.
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About WesBanco Income Statement Analysis
WesBanco Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to WesBanco shareholders. The income statement also shows WesBanco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
WesBanco Income Statement Chart
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Operating Income
Operating Income is the amount of profit realized from WesBanco operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of WesBanco is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in WesBanco financial statement analysis. It represents the amount of money remaining after all of WesBanco operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from WesBanco's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into WesBanco current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesBanco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.At present, WesBanco's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 311.9 M, whereas Operating Income is forecasted to decline to about 161.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 520.7M | 527.4M | 526.9M | 553.2M | Total Revenue | 590.7M | 591.7M | 594.7M | 624.4M |
WesBanco income statement Correlations
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WesBanco Account Relationship Matchups
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WesBanco income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 84.3M | 61.8M | 27.0M | 39.3M | 230.2M | 241.7M | |
Other Operating Expenses | 323.4M | (462.6M) | (288.9M) | 64.3M | 297.0M | 311.9M | |
Operating Income | 193.2M | 145.1M | 301.8M | 275.7M | 287.0M | 161.6M | |
Ebit | 193.2M | 437.0M | 381.4M | 416.7M | (14.4M) | (13.7M) | |
Ebitda | 203.6M | 464.6M | 406.3M | 440.0M | 9.1M | 8.6M | |
Total Operating Expenses | (323.4M) | (462.6M) | (288.9M) | 64.3M | 297.0M | 311.9M | |
Net Income | 158.9M | 122.0M | 242.3M | 192.1M | 159.0M | 167.0M | |
Income Tax Expense | 34.3M | 23.0M | 59.6M | 44.3M | 35.0M | 36.8M | |
Depreciation And Amortization | 10.3M | 27.5M | 24.8M | 23.3M | 14.4M | 8.0M | |
Selling General Administrative | 173.8M | 202.6M | 199.4M | 212.7M | 236.1M | 247.9M | |
Total Revenue | 516.6M | 607.7M | 590.7M | 591.7M | 594.7M | 624.4M | |
Gross Profit | 454.0M | 536.9M | 520.7M | 527.4M | 526.9M | 553.2M | |
Income Before Tax | 193.2M | 145.1M | 301.8M | 236.4M | 194.0M | 203.8M | |
Total Other Income Expense Net | (222.3M) | (101.6M) | (92.4M) | (84.2M) | (93.0M) | (97.6M) | |
Cost Of Revenue | 62.7M | 70.7M | 70.1M | 64.3M | 67.8M | 55.0M | |
Net Income Applicable To Common Shares | 158.9M | 119.4M | 232.1M | 182.0M | 209.3M | 219.8M | |
Selling And Marketing Expenses | 6.1M | 6.0M | 8.6M | 9.3M | 11.2M | 6.3M | |
Net Income From Continuing Ops | 158.9M | 122.0M | 242.3M | 192.1M | 176.3M | 128.9M | |
Tax Provision | 34.3M | 23.0M | 59.6M | 44.3M | 38.3M | 42.1M | |
Net Interest Income | 399.9M | 479.5M | 457.9M | 474.3M | 493.5M | 419.6M | |
Interest Income | 484.3M | 541.3M | 485.0M | 513.7M | 669.1M | 487.5M | |
Reconciled Depreciation | 11.6M | 14.1M | 11.5M | 10.3M | 9.4M | 8.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WesBanco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WesBanco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wesbanco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesbanco Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesBanco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WesBanco. If investors know WesBanco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WesBanco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 1.44 | Earnings Share 2.09 | Revenue Per Share 9.341 | Quarterly Revenue Growth 0.026 |
The market value of WesBanco is measured differently than its book value, which is the value of WesBanco that is recorded on the company's balance sheet. Investors also form their own opinion of WesBanco's value that differs from its market value or its book value, called intrinsic value, which is WesBanco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WesBanco's market value can be influenced by many factors that don't directly affect WesBanco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WesBanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if WesBanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WesBanco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.