WesBanco is a notable player in the banking industry, offering a wide array of services including banking, insurance, and brokerage facilities across West Virginia, Ohio, and Pennsylvania. Established in 1870, WesBanco's banking subsidiary, WesBanco Bank, Inc., operates 119 banking offices in the aforementioned regions. Notably, the company also manages an insurance agency, WesBanco Insurance Services, Inc., and a full-service broker/dealer, WesBanco Securities, Inc.
The most recent investment made in WesBanco amounts to $30.00M in post-IPO debt investment on 03 October 2022. The investor involved in this substantial transaction is PNC Bank, significantly impacting the company's financial position and outlook. WesBanco's presence in the United States positions it advantageously to cater to the diverse and evolving needs of customers in the region, presenting potential opportunities for further growth and expansion.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | $30.00M | 1 | PNC Bank | 03 Oct 2022 |
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