WesBanco, Inc. announced its second-quarter 2025 financial results, reporting GAAP net income available to common shareholders of $54.9 million, or $0.57 per diluted share. Adjusted net income, excluding restructuring and merger-related expenses, surged to $87.3 million, or $0.91 per diluted share, an 86% increase year-over-year.
The company's net interest margin (NIM) saw a meaningful improvement, reaching 3.59% in Q2 2025, up 24 basis points sequentially and 64 basis points year-over-year. This expansion was significantly bolstered by approximately 37 basis points of purchase accounting accretion from the Premier acquisition, alongside higher loan and securities yields.
Total assets increased 52.1% year-over-year to $27.6 billion, with total portfolio loans growing 53.6% to $18.8 billion, including $5.9 billion from Premier and $0.7 billion from organic growth. Total deposits increased 57.5% year-over-year to $21.2 billion, with organic growth fully funding year-over-year organic loan growth. Non-interest income also demonstrated robust growth, increasing 40% year-over-year to $44 million, primarily driven by the Premier acquisition and organic growth across various fee categories.
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