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WesBanco Announces First Quarter 2021 Financial Results
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WHEELING, W.Va., April 27, 2021 /PRNewswire/ WesBanco, Inc. ( WesBanco ) (Nasdaq: WSBC), a diversified, multi-state bank holding company, today announced net income and related earnings per share for the three months ended March 31, 2021. Net income available to common shareholders for the period was $70.6 million, with diluted earnings per share of $1.05, compared to $23.4 million and $0.35 per diluted share, respectively, for the first quarter of 2020. Net income available to common shareholders excluding after-tax restructuring and merger-related expenses for the three months ended March 31, 2021, was $71.3 million, or $1.06 per diluted share, as compared to $27.5 million and $0.41 per diluted share, respectively, in the prior year quarter (non-GAAP measures).
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Combining a beautiful historic building with Pueblo’s first-ever food hall is the goal of the Fuel & Iron Project focusing on a $15.3 million remodeling of the Holmes Hardware building, 400 S. Union Ave.
“When they rebuilt it in 1915, they did the identical façade but they did a concrete structure,” Stern said. “It’s built like a tank; the building is incredibly strong, so I think they were over-compensating. I think they wanted to build it back the second time in a way that would last. Of course it has lasted for 106 years and it survived the 1921 flood, so I think they were successful.
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