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Stock impact report

WesBanco, Premier Financial secure regulatory nod for merger [Yahoo! Finance]

WesBanco, Inc. (WSBC) 
Last wesbanco, inc. earnings: 4/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wesbanco.com
Company Research Source: Yahoo! Finance
Retail Banker International · Eric Glenn/Shutterstock. GlobalData Thu, February 13, 2025 at 2:31 PM GMT+1 1 min read In This Article WSBC WesBanco and Premier Financial have received all obtained regulatory approvals for their pending merger. On 11 December 2024, shareholders of both banks voted in favour of the merger at special meetings. The finalisation of the merger is anticipated on or about 28 February 2025, subject to standard closing conditions. Once completed, the merger is poised to create a regional financial services institution, with around $27bn in assets. The combined entity is expected to benefit from significant economies of scale and “strong pro forma profitability metrics”. WesBanco and Premier Financial are said to have complementary and contiguous geographic presence. The merged business is projected to be the eighth-largest bank in Ohio by deposit market share, with an expanded presence in Indiana and a customer base spanning nine sta Show less Read more
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