WSBC - WesBanco GAAP EPS of $0.67 in-line revenue of $139.21M misses by $1.64M
- WesBanco press release ( NASDAQ: WSBC ): Q2 GAAP EPS of $0.67 in-line.
- Revenue of $139.21M (-8.4% Y/Y) misses by $1.64M .
- Reflecting the strength of our markets and lending teams, total loan growth was 5.4% sequentially, or 21.8% annualized, and 3.8% year-over-year, when excluding Small Business Administration Payroll Protection Program ("SBA PPP") loans.
- Second quarter net interest margin of 3.03% increased 8 basis points sequentially, and, when excluding purchase accounting and SBA PPP loan accretion, it increased 13 basis points sequentially to 2.93%.
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WesBanco GAAP EPS of $0.67 in-line, revenue of $139.21M misses by $1.64M