WesBanco, Inc. (NASDAQ:WSBC) Q4 2022 Earnings Call Transcript

Dan Weiss: The only thing that I would add maybe is that if you look at trust fees, first quarter our trust fees will be a little higher due to the tax corporation fees that’s kind of an annual thing. And then, thinking about swap fee income that’s been a pretty big focus here since Jeff has come on board and he has been very focused on that. So, we need a lot of training and strategy around how to kind of better deploy and kind of tap into that little bit more. So, I think that’s probably going to be other area that we will see some — as we go through

Todd Clossin: Yes. And the markets that we have acquired into, again we are still driving additional new products and training in those markets as well too because number of the banks that we acquired in Kentucky and then the mid Atlantic market, did not offer some of the things that that we offer, swaps being one of them, but also on the trust fees and having securities reps and Series 7 as well six to eight people in branches. Things like that. So, there continues to be upside opportunity there similar to what we are seeing on the loan growth side in those markets. I think we will continue to see some better fee growth side because again these were new products and new businesses that we have introduced into those markets through the banks that we bought.

Daniel Cardenas: Okay, great. Thank you. I’ll step back.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Todd Clossin for any closing remarks.

Todd Clossin: Great, thank you. I appreciate everyone’s time today. I know a lot of earnings meetings are taking place. Appreciate your joining ours and look forward to speaking with you in the near future in one of our upcoming events as well too. So, please stay safe. And have a good day. Bye-bye.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.