New CEO Jeff
Jackson led the ceremony
WHEELING, W.Va., Nov. 29,
2023 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a
diversified, multi-state bank holding company, today proudly rang
the Nasdaq Stock Market opening bell, marking the company's next
chapter of continued growth and transformation under the leadership
of recently appointed President and Chief Executive Officer
Jeff Jackson.
Jackson was joined by WesBanco's Chief Financial Officer
Daniel Weiss and other bank
executives and associates representing the collective efforts of
the entire organization in reaching this milestone.
"For more than 150 years, WesBanco has brought its strength,
stability and customer focus to helping people achieve their
personal and business financial goals while serving our communities
and driving growth for our stakeholders. As we look to the future,
those commitments remain firm," said Jackson, who became CEO in
August 2023. "Today's bell-ringing
symbolizes our embrace of a new chapter that builds on our strong
foundation for continued growth and success while honoring the
values and strategies that have shaped our transformation so
far."
Over the past decade, WesBanco has nearly tripled in total
assets through organic growth and strategic mergers, transforming
from a community bank into a regional financial services
institution with operations in six states and loan production
offices in two more. Jackson, who joined WesBanco in 2022 as Chief
Operating Officer, is already casting his vision for future growth
with the opening of a commercial loan production office in the
fast-growing Chattanooga,
Tennessee market earlier this year and the introduction of
new products and services intended to strengthen WesBanco's
diversified earnings streams.
WesBanco has earned numerous national accolades for financial
performance, credit quality, community development, employer of
choice and customer satisfaction. Most recently, WesBanco earned
its eighth consecutive "Outstanding" FDIC Community Reinvestment
Act rating for its work meeting the credit needs of the communities
in which it operates, including low- and moderate-income
neighborhoods.
WesBanco's journey with Nasdaq has included several significant
milestones celebrated with bell-ringing ceremonies. Past ceremonies
include ones in 2011 and 2020, marking the company's achievement of
$10 billion and $15 billion in assets, respectively. This latest
bell-ringing ceremony, coinciding with the anniversary of the 2011
ceremony, adds another chapter to WesBanco's proud history of
financial excellence and its ongoing partnership with Nasdaq.
About WesBanco, Inc.
Founded in 1870, Wesbanco, Inc.
is a diversified and balanced financial services company that
delivers large bank capabilities with a community bank feel. Our
distinct long-term growth strategies are built upon unique
sustainable advantages permitting us to span six states with
meaningful market share. The company's banking subsidiary, Wesbanco
Bank, Inc., operates more than 190 financial centers in the states
of Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and West Virginia. Built upon our 'Better Banking
Pledge', our customer-centric service culture is focused on growing
long-term relationships by pledging to serve all personal and
business customer needs efficiently and effectively. In addition to
a full range of online and mobile banking options and a full-suite
of commercial products and services, the company provides trust,
wealth management, securities brokerage, and private banking
services through its century-old Trust and Investment Services
department, with approximately $5.0
billion of assets under management (as of September 30, 2023).The company also offers
insurance and brokerage services through its affiliates and
subsidiaries. Learn more at www.wesbanco.com and follow us on
Facebook, LinkedIn and X (formerly Twitter).
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SOURCE WesBanco, Inc.