WesBanco
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. WesBanco's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $594,694,000. Profit margin reached 27%. Total operating expenses were $297,021,000.
Profit Margin
| 2014 | 261.73M | 69.97M | 26.73% |
|---|---|---|---|
| 2015 | 311.45M | 80.76M | 25.93% |
| 2016 | 334.82M | 86.63M | 25.87% |
| 2017 | 379.13M | 94.48M | 24.92% |
| 2018 | 447.51M | 143.11M | 31.98% |
| 2019 | 516.62M | 158.87M | 30.75% |
| 2020 | 607.66M | 122.04M | 20.08% |
| 2021 | 590.71M | 242.26M | 41.01% |
| 2022 | 591.70M | 192.11M | 32.47% |
| 2023 | 594.69M | 159.03M | 26.74% |
WSBCP Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 594.69M | 591.70M | 590.71M | 607.66M | 516.62M | 447.51M | 379.13M | 334.82M | 311.45M | 261.73M |
Cost of revenue | 67.81M | 64.31M | 70.06M | 70.74M | 62.65M | 50.72M | 45.33M | 41M | 38.88M | 37.19M |
Gross profit | 526.88M | 527.38M | 520.65M | 536.91M | 453.96M | 396.79M | 333.80M | 293.82M | 272.56M | 224.53M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 11.17M | 9.33M | 8.63M | 5.95M | 6.06M | 5.36M | 5.72M | 5.39M | 5.64M | 5.24M |
Total operating expenses | 297.02M | 64.31M | -288.86M | -462.58M | -323.40M | -199.54M | 5.72M | 5.39M | 5.64M | 5.24M |
Operating income | 287.03M | 275.74M | 301.84M | 145.07M | 193.21M | 242.24M | 281.37M | 239.70M | 217.17M | 173.55M |
Other income (expenses), net | -92.98M | -39.34M | -104.42M | -101.61M | -222.32M | -67.72M | -54.71M | -122.03M | -57.21M | -79.85M |
Income before tax | 194.04M | 236.40M | 301.84M | 145.07M | 193.21M | 174.52M | 148.28M | 117.67M | 109.17M | 93.69M |
Income tax expense | 35.01M | 44.28M | 59.58M | 23.03M | 34.34M | 31.41M | 53.80M | 31.03M | 28.41M | 23.72M |
Net income | 159.03M | 192.11M | 242.26M | 122.04M | 158.87M | 143.11M | 94.48M | 86.63M | 80.76M | 69.97M |
Earnings per share | ||||||||||
Basic EPS | 2.51 | 3.03 | 3.54 | 1.78 | 2.83 | 2.93 | 2.15 | 2.16 | 2.15 | 2.39 |
Diluted EPS | 2.51 | 3.02 | 3.53 | 1.77 | 2.83 | 2.92 | 2.14 | 2.16 | 2.15 | 2.39 |
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