Wesbanco (FRA:WEY) Net Charge Offs to Average Loans % : 0.00% (As of . 20)

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What is Wesbanco Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

The historical rank and industry rank for Wesbanco's Net Charge Offs to Average Loans % or its related term are showing as below:

FRA:WEY's Net Charge Offs to Average Loans % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

Wesbanco Net Charge Offs to Average Loans % Historical Data

The historical data trend for Wesbanco's Net Charge Offs to Average Loans % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wesbanco Net Charge Offs to Average Loans % Chart

Wesbanco (FRA:WEY) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %

Net Charge-offs

Average Total Loans

Wesbanco (FRA:WEY) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.

Wesbanco Net Charge Offs to Average Loans % Related Terms

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Wesbanco (FRA:WEY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wesbanco Inc (FRA:WEY) » Definitions » Net Charge Offs to Average Loans %

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Traded in Other Exchanges

WSBCP.PFD:USA WSBC:USA

Address

1 Bank Plaza, Wheeling, WV, USA, 26003

Website

https://www.wesbanco.com

Wesbanco Inc is a bank holding company that offers a full range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking, and insurance. The company has two reportable segments: community banking and trust and investment services. WesBanco operates one commercial bank, WesBanco Bank, which runs scores of branches. Its market service area primarily includes the Rust Belt region of the United States. Commercial real estate accounts for nearly half of the bank's loan portfolio. The bank has historically grown through both organic growth and acquisitions. The bank's primary component of net revenue is net interest income.

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