
WesBanco, Inc., founded in 1870 and headquartered in Wheeling, West Virginia, operates as a diversified financial services company providing a range of banking and financial products to individuals and businesses. The company focuses on retail banking, commercial banking, and investment management services, including mortgage and consumer lending, trust services, and wealth management.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
WSBC 3.75% 2032-04-01 USDWesbanco, Inc. | United States | 2032-04-01 | 3.750 | 6.93 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
WesBanco commenced its bond issuance in the 1990s, with significant offerings that have included subordinated debt instruments. In 2018, the company issued $75 million in subordinated notes, which were well-received in the market, reflecting favorable investor sentiment. Current yields on WesBanco's bonds compare favorably to industry averages, demonstrating strong investor confidence. Notably, the company's bonds often feature call provisions, providing flexibility during interest rate fluctuations, which has garnered interest from fixed-income investors.