WesBanco, Inc.

Good day and welcome to the West Banco fourth quarter 2025 earnings conference call. All participants will be in listen only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on a touch tone phone. To withdraw your question, please press star then two. Please limit yourself to one question and one follow-up. Please note this event is being recorded. I would now like to turn the conference over to John Iannone, Senior Vice President of Investor Relations. Please go ahead.

Thank you. Good morning, and welcome to WestBanco, Inc.' 's fourth quarter and full year 2025 earnings conference call. Leading the call today are Jeff Jackson, President and Chief Executive Officer, and Dan Weiss, Senior Executive Vice President and Chief Financial Officer. Today's call, an archive of which will be available on our website for one year, contains forward-looking information. Cautionary statements about this information and reconciliations of non-GAAP measures are included in our earnings-related materials issued yesterday afternoon, as well as our other SEC filings and investor materials. These materials are available on the investor relations section of our website, westbanco.com. All statements speak only as of January 28, 2026, and WestBanco undertakes no obligation to update them. I would now like to turn the call over to Jeff. Jeff?

Thanks, John, and good morning. On today's call, we will provide an overview on fourth quarter performance and provide our initial outlook for 2026. Key takeaways from the call today are successful execution on our growth oriented business model while maintaining strong credit quality measures. Full year pre-tax, pre-provision earnings growth of 105% year over year and full year earnings per share of 45% to $3.40 when excluding merger related charges. Loan growth fully funded by deposit growth both year over year and quarter over quarter. helping to drive our fourth quarter net interest margin to 361. Continued focus on operational efficiencies and cost control, as demonstrated by our fourth quarter efficiency ratio of 52%. 2025 was another strong year for West Banco, and a clear demonstration that our growth-oriented business model continues to deliver results while maintaining discipline, credit, and expense management. For the full year, we generated pre-tax, pre-provision earnings growth of more than 100% year-over-year and earnings per share growth of 45% to $3.40 when excluding merger-related charges. Importantly, that performance was driven not by one-time actions, but by core strategic execution, including loan growth, fully funded by deposit growth, expanded net interest margin, and continued efficiency gains. For the fourth quarter ending December 31st, 2025, we reported net income, excluding merger and restructuring expenses, available to common shareholders of $81 million and diluted earnings per share of 84 cents, which increased 18% year over year. On a similar basis and excluding day one provision for credit losses, we reported full-year net income of $309 million and diluted earnings per share of $3.40. Furthermore, the strength of our 2025 financial performance was reflected in our fourth quarter return on tangible common equity of 16%. Non-performing assets to total assets of 0.33%. Our capital position remains solid with a CET1 ratio of 10.3%, giving us flexibility to support growth and navigate the operating environment ahead. We also achieved several strategic milestones in 2025. Chief among those was the successful acquisition and integration of Premier Financial, transforming WestBanco into a $28 billion asset regional financial services partner. With this historic acquisition, we now rank among the top 50 publicly traded U.S. financial institutions based on assets. At the same time, we continue to invest in organic growth, expanding into new markets through the opening of loan production offices in Northern Virginia and Knoxville, launching our new healthcare vertical, and optimizing our financial center network and digital banking capabilities to support evolving customer preferences. And we will soon be celebrating the opening of a new financial center in Chattanooga, our first in Tennessee. Underlying all of this is the consistent focus on relationship banking that sets us apart from others. That approach drove record treasury management revenue of $6 million and a record total wealth management assets under management of $10.4 billion. Turning to operational topics, disciplined execution remains the theme. Our dedicated teams, supported by continued strong customer satisfaction, drove deposit growth at fully funded low growth both year over year and quarter over quarter. Our third quarter deposit campaign delivered strong second half results with total deposits increasing 5% annualized or more than 6% for core deposit categories. as we strategically allowed higher cost certificates of deposit to run off. We have continued to see a significant pickup in commercial real estate project payoffs, which totaled $415 million during the fourth quarter and over $900 million for the year, $100 million more than we had anticipated last quarter. As developers continue to take advantage of the current operating environment for permanent financing or sale of properties, This increase in payoffs created a 4% headwind to loan growth for both the year over year and quarter over quarter comparisons. Despite these elevated payoffs, we delivered solid fourth quarter organic loan growth as total loans increased 6% annualized from the third quarter and 5% year over year driven by our commercial teams converting pipeline opportunities. Since year end 2021, we have achieved a strong compound annual loan growth rate of 9% without sacrificing credit quality, as our key measures have remained consistent the last several years and favorable to the average of all banks with assets between 20 and 50 billion. As of both year-end and mid-January, our commercial loan pipeline stood at over 1.2 billion, with more than 40% tied to new markets and loan production offices. Despite anticipated elevator CRE payoffs through the at least first half of the year, we continue to expect mid-single-digit year-over-year loan growth during 2026, given the current loan pipeline and the strength of our markets. During the fourth quarter, our new healthcare vertical team refinanced a major skilled nursing provider in Virginia, serving as the lead bank in the syndication and sole lender for the working capital line of credit. This new relationship includes all operating, reserve, and payroll accounts for their properties, as well as a six-figure treasury management fee relationship. This win highlights the momentum of our healthcare vertical and the cross-team collaboration that helps us deepen relationships and deliver exceptional service. Before turning the call over to Dan to walk through the financials and outlook, I want to recognize our team members for their exceptional execution throughout the year. Their efforts were reflected not only in our results, but also in national recognitions we continue to receive for soundness, stability, workplace culture, and trust. Dan, I'll turn it over to you.