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Reporter Name | Richmond Brent E |
Relationship | EVP - Treasury |
Type | Sell |
Amount | $360,167 |
SEC Filing | Form 4 |
Brent E. Richmond, EVP - Treasury at WesBanco, sold 11,523 shares of Common Stock on September 17, 2024, for a total of $360,167. The shares were sold at a weighted average price of $31.2564 per share. Following the transaction, Richmond directly owns 27,324 shares and indirectly owns 1,124 shares through a 401(k) Plan.
SEC Filing: WESBANCO INC [ WSBC ] - Form 4 - Sep. 17, 2024
Aug 22 (Reuters) - WesBanco Inc WSBC.O:
WESBANCO BANK APPOINTS CRIS GOSSARD AS CENTRAL OHIO MARKET PRESIDENT
Source text for Eikon: (Full Story)
Further company coverage: WSBC.O
Aug 19 (Reuters) - U.S. regional bank mergers have ticked up this year and are expected to remain robust as the lenders seek stronger balance sheets to compete better against larger rivals.
There have been 38 regional bank deals this year, compared with 29 during the same period in 2023, according to Dealogic data.
Here is an overview of the biggest deals in the space this year:
Target | Acquirer | Deal value | Date |
---|---|---|---|
Independent Bank Group IBTX.O | SouthState Corp SSB.N | $2 billion | May 20 |
UMB Financial Corp UMBF.O | $2 billion | April 29 | |
Renasant Corp RNST.N | $1.2 billion | July 29 | |
WesBanco WSBC.O | $959 million | July 26 | |
Macatawa Bank Corp MCBC.O | Wintrust Financial WTFC.O | $510.3 million | April 15 |
German American Bancorp GABC.O | $330.2 million | July 29 | |
United Bankshares UBSI.O | $267 million | May 10 | |
Southern California Bancorp BCAL.O* | $233.6 million | Jan 30 |
* Merger of equals
Source: Dealogic
Note: Data as of Aug 2.
(Reporting by Manya Saini and Niket Nishant in Bengaluru; Editing by Sriraj Kalluvila)
(( Manya.Saini@thomsonreuters.com ; X: manya__saini;))
Keywords: USA-REGIONAL BANKS/CONSOLIDATION (FACTBOX)
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