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home / news releases / WSBCP - WesBanco Inc. (WSBC) Q1 2024 Earnings Call Transcript


WSBCP - WesBanco Inc. (WSBC) Q1 2024 Earnings Call Transcript

2024-04-24 12:17:10 ET

WesBanco, Inc. (WSBC)

Q1 2024 Earnings Conference Call

April 24, 2024 10:00 a.m. ET

Company Participants

John Iannone - Senior Vice President, Investor Relations

Jeffrey Jackson - President and Chief Executive Officer

Daniel Weiss - Executive Vice President and Chief Financial Officer

Conference Call Participants

Daniel Tamayo - Raymond James

Mark Shutley - KBW

Russell Gunther - Stephens

Casey Whitman - Piper Sandler

Manuel Navas - D.A. Davidson

Karl Shepard - RBC Capital Markets

David Bishop - Hovde Group

Daniel Cardenas - Janney Montgomery Scott

Presentation

Operator

Good morning, and welcome to the WesBanco First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to John Iannone, Senior Vice President, Investor and Public Relations. Please go ahead.

John Iannone

Thank you. Good morning, and welcome to WesBanco, Inc.'s first quarter 2024 earnings conference call. Leading the call today are Jeff Jackson, President and Chief Executive Officer; and Dan Weiss, Executive Vice President and Chief Financial Officer.

Today's call, an archive of which will be available on our website for one year, contains forward-looking information. Cautionary statements about this information and reconciliations of non-GAAP measures are included in our earnings-related materials issued yesterday afternoon, as well as our other SEC filings and investor materials. These materials are available on the Investor Relations section of our website, wesbanco.com. All statements speak only as of April 24, 2024, and WesBanco undertakes no obligation to update them.

I would now like to turn the call over to Jeff. Jeff?

Jeffrey Jackson

Thanks, John, and good morning. On today's call, we will review our results for the first quarter of 2024, and provide an update on our operations and current 2024 outlook. Key takeaways from the call today are continued, strong deposit and loan growth combined with good progress on new fee income opportunities, a sustained focus on controlling discretionary costs, we remain well-capitalized with solid credit quality and liquidity. Our first quarter results marked the strong start to 2024. We grew loans and deposits, while smartly managing borrowings, controlling costs, and advancing our efforts to diversify our revenue streams and drive non-interest income growth....

For further details see:

WesBanco, Inc. (WSBC) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: WesBanco Inc. Depositary Shares Each Representing a 1/40th Interest in a Share of 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series A
Stock Symbol: WSBCP
Market: NASDAQ
Website: wesbanco.com

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