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WESBANCO ANNOUNCES PROPOSED STOCK SPLIT AND QUARTERLY DIVIDEND

 WHEELING, W.Va., Feb. 19 /PRNewswire/ -- Edward M. George, president and CEO of WesBanco, Inc. (NASDAQ: WSBC) announced that the board of directors of WesBanco, Inc. has approved a quarterly cash dividend of 38.5 cents per share, payable April 1, 1993, to stockholders of record on March 12. As announced earlier by WesBanco, this dividend represents an increase of 10 percent over its fourth quarter 1992 dividend of 35 cents per share. On an annualized basis, the cash dividend was increased from $1.40 per share to $1.54 per share.
 George also announced that the board of directors has recommended to the shareholders approval of a 2-for-1 split of the common stock of the corporation. As part of the split, the board has recommended an increase in the authorized common shares from 10 million shares to 25 million shares and an adjustment in par value to $2.083 per share. Subject to stockholder approval at the annual meeting scheduled for April 21, 1993, the stock split will be payable on April 22, 1993, to stockholders of record at the close of business on April 2, and will increase the number of shares of common stock currently outstanding to approximately 6,613,328 shares. Upon receiving the requisite shareholder approval, each shareholder will be entitled to receive one additional share of common stock for each share held as of April 2, 1993.
 This action follows recently released record earnings by WesBanco, Inc. For the year ended 1992, net income of the corporation increased 9.7 percent and was $12,332,000 or $3.73 per share compared to $11,238,000 or $3.40 per share for the same period in 1991.
 WesBanco, Inc. is the parent company of WesBanco Wheeling and WesBanco Elm Grove, Wheeling; WesBanco New Martinsville, New Martinsville, W.Va.; WesBanco Sistersville, Sistersville, W.Va.; WesBanco Wellsburg, Wellsburg, W.Va.; WesBanco Elizabeth, Elizabeth, W.Va.; WesBanco South Hills, Charleston, W.Va.; WesBanco Sissonville, Sissonville, W.Va.; WesBanco Parkersburg, Parkersburg, W.Va.; Albright National Bank, Kingwood, W.Va.; and First National Bank of Barnesville, Barnesville, Ohio.
 WesBanco, Inc. stock is traded on the National Association of Securities Dealers Quotation System (NASDAQ) under quotation symbol "WSBC."
 -0- 2/19/93
 /CONTACT: Edward M. George, president and CEO of WesBanco, 304-234-9208/
 (WSBC)


CO: WesBanco, Inc. ST: West Virginia IN: FIN SU: DIV

MK-LJ -- PG003 -- 8309 02/19/93 10:00 EST
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Publication:PR Newswire
Date:Feb 19, 1993
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