Wesbanco completes Premier Financial acquisition, creating ~$27B regional bank

WESBANCO INC

Exchange ratio: 0.80 shares of Wesbanco per Premier share; Premier stock options cancelled with cash payout based on 20-day VWAP.
Combined entity holds ~$27B in assets; becomes 81st largest US insured depository and 8th largest Ohio bank by deposits.
Operations expand to >250 financial centers across nine states (IN, KY, MD, MI, OH, PA, TN, VA, WV).
Four former Premier directors (Afzal, Altman, Bookmyer, Burdman) appointed to Wesbanco board.
Premier-branded branches will continue until customer data conversion in mid-May, then rebrand to WesBanco.

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