WESBANCO INC Goodwill & Intangibles Disclosure

NOTE 7. GOODWILL AND OTHER INTANGIBLE ASSETS

Wesbanco’s Consolidated Balance Sheets include goodwill of $1.6 billion and $1.1 billion as of December 31, 2025 and 2024, respectively, all of which relates to the Community Banking segment. Wesbanco’s other intangible assets of $141.1 million and $27.3 million at December 31, 2025 and 2024, respectively, primarily consist of core deposit and other customer list intangibles, which have finite lives and are amortized using straight line and accelerated methods. Other intangible assets are being amortized over estimated useful lives ranging from ten to sixteen years. The increases in goodwill and other intangible assets in 2025 are specific to the PFC acquisition, which contributed $485.5 million in goodwill and $136.0 million in core deposit intangibles in the Community Banking segment, as well as $6.9 million in customer list intangibles in the Trust and Investment Services segment. Amortization of core deposit and customer list intangible assets totaled $29.0 million, $8.3 million and $9.1 million for the years ended December 31, 2025, 2024 and 2023, respectively. Wesbanco completed its annual quantitative goodwill impairment evaluation as of November 30, 2025, and concluded that there were no indications of impairment. In addition, as there were no significant changes in market conditions, consolidated operating results or forecasted future results after November 30, 2025, it was concluded that at December 31, 2025, there were also no indications of impairment. Additionally, there were no events or changes in circumstances indicating impairment of other intangible assets as of December 31, 2025.