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Wesbanco (FRA:WEY) Scaled Net Operating Assets : 0.08 (As of Mar. 2024)


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What is Wesbanco Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Wesbanco's operating assets for the quarter that ended in Mar. 2024 was €13,932.3 Mil. Wesbanco's operating liabilities for the quarter that ended in Mar. 2024 was €12,679.7 Mil. Wesbanco's Total Assets for the quarter that ended in Dec. 2023 was €16,242.2 Mil. Therefore, Wesbanco's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.08.

Wesbanco Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Wesbanco's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(15696.281-12328.46)/15983.718
=0.21

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=16242.247 - 545.966
=15696.281

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13919.429 - 1493.865 - 97.104
=12328.46

Wesbanco's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(13932.291-12679.718)/16242.247
=0.08

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=16350.916 - 2418.625
=13932.291

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14015.623 - 1268.805 - 67.1
=12679.718

* 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.

Wesbanco Scaled Net Operating Assets Related Terms

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Wesbanco (FRA:WEY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wesbanco Inc (FRA:WEY) » Definitions » Scaled Net Operating Assets
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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.