NasdaqGS:WSBCBanks
Should WesBanco’s (WSBC) Preferred Stock Shift Reshape Its Capital Strategy?
WesBanco, Inc. announced it redeemed all 150,000 shares of its 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, and the 6,000,000 related depositary shares on November 15, 2025, for a redemption price of US$1,000 per Series A share or US$25.00 per depositary share.
This redemption, funded by the recent Series B preferred stock offering, marks a significant change in WesBanco's capital structure and preferred shareholder base.
We'll examine how replacing Series A...