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Side-by-side financial comparison of Clearwater Paper Corp (CLW) and WESBANCO INC (WSBC). Click either name above to swap in a different company.

Clearwater Paper Corp is the larger business by last-quarter revenue ($360.3M vs $257.2M, roughly 1.4× WESBANCO INC). WESBANCO INC runs the higher net margin — 34.5% vs -3.6%, a 38.0% gap on every dollar of revenue. Over the past eight quarters, WESBANCO INC's revenue compounded faster (31.9% CAGR vs 2.3%).

Clearwater Paper Corporation is an American pulp and paperboard manufacturer. The company was created on December 9, 2008, via a spin-off from Potlatch Corporation and is headquartered in Spokane, Washington.

WesBanco, Inc., is a bank holding company headquartered in Wheeling, West Virginia, United States. It has over 200 branches in West Virginia, Ohio, Western Pennsylvania, Kentucky, Maryland, and Southern Indiana.

CLW vs WSBC — Head-to-Head

Bigger by revenue
CLW
CLW
1.4× larger
CLW
$360.3M
$257.2M
WSBC
Higher net margin
WSBC
WSBC
38.0% more per $
WSBC
34.5%
-3.6%
CLW
Faster 2-yr revenue CAGR
WSBC
WSBC
Annualised
WSBC
31.9%
2.3%
CLW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CLW
CLW
WSBC
WSBC
Revenue
$360.3M
$257.2M
Net Profit
$-12.8M
$88.6M
Gross Margin
-0.2%
Operating Margin
Net Margin
-3.6%
34.5%
Revenue YoY
-4.7%
Net Profit YoY
-103.2%
54.4%
EPS (diluted)
$0.88

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLW
CLW
WSBC
WSBC
Q1 26
$360.3M
$257.2M
Q4 25
$386.4M
$265.6M
Q3 25
$399.0M
$261.6M
Q2 25
$391.8M
$260.7M
Q1 25
$378.2M
$193.2M
Q4 24
$387.1M
$162.9M
Q3 24
$393.3M
$150.8M
Q2 24
$344.4M
$147.9M
Net Profit
CLW
CLW
WSBC
WSBC
Q1 26
$-12.8M
$88.6M
Q4 25
$38.3M
$91.1M
Q3 25
$-53.3M
$83.6M
Q2 25
$2.7M
$57.4M
Q1 25
$-6.3M
$-9.0M
Q4 24
$199.1M
$49.6M
Q3 24
$5.8M
$37.3M
Q2 24
$-25.8M
$28.9M
Gross Margin
CLW
CLW
WSBC
WSBC
Q1 26
-0.2%
Q4 25
4.5%
Q3 25
4.7%
Q2 25
11.0%
Q1 25
9.7%
Q4 24
3.8%
Q3 24
7.7%
Q2 24
-0.6%
Operating Margin
CLW
CLW
WSBC
WSBC
Q1 26
Q4 25
1.9%
43.2%
Q3 25
-13.9%
39.5%
Q2 25
2.5%
27.2%
Q1 25
-1.1%
-5.0%
Q4 24
-4.0%
38.0%
Q3 24
-0.3%
29.7%
Q2 24
-13.6%
23.7%
Net Margin
CLW
CLW
WSBC
WSBC
Q1 26
-3.6%
34.5%
Q4 25
9.9%
34.3%
Q3 25
-13.4%
31.9%
Q2 25
0.7%
22.0%
Q1 25
-1.7%
-4.7%
Q4 24
51.4%
30.5%
Q3 24
1.5%
24.7%
Q2 24
-7.5%
19.5%
EPS (diluted)
CLW
CLW
WSBC
WSBC
Q1 26
$0.88
Q4 25
$2.36
$0.97
Q3 25
$-3.30
$0.84
Q2 25
$0.17
$0.57
Q1 25
$-0.38
$-0.15
Q4 24
$11.87
$0.72
Q3 24
$0.35
$0.54
Q2 24
$-1.55
$0.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLW
CLW
WSBC
WSBC
Cash + ST InvestmentsLiquidity on hand
$36.5M
Total DebtLower is stronger
$361.1M
Stockholders' EquityBook value
$813.8M
$4.1B
Total Assets
$1.6B
$27.5B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLW
CLW
WSBC
WSBC
Q1 26
$36.5M
Q4 25
$30.7M
$956.1M
Q3 25
$34.4M
$1.0B
Q2 25
$46.7M
$1.2B
Q1 25
$44.0M
$1.1B
Q4 24
$79.6M
$568.1M
Q3 24
$35.5M
$620.9M
Q2 24
$39.6M
$486.8M
Total Debt
CLW
CLW
WSBC
WSBC
Q1 26
$361.1M
Q4 25
$346.8M
Q3 25
$337.0M
Q2 25
$330.1M
Q1 25
Q4 24
$283.4M
Q3 24
$1.2B
Q2 24
$1.1B
Stockholders' Equity
CLW
CLW
WSBC
WSBC
Q1 26
$813.8M
$4.1B
Q4 25
$825.3M
$4.0B
Q3 25
$783.0M
$4.1B
Q2 25
$836.8M
$3.8B
Q1 25
$836.6M
$3.8B
Q4 24
$854.6M
$2.8B
Q3 24
$664.6M
$2.8B
Q2 24
$658.6M
$2.5B
Total Assets
CLW
CLW
WSBC
WSBC
Q1 26
$1.6B
$27.5B
Q4 25
$1.6B
$27.7B
Q3 25
$1.6B
$27.5B
Q2 25
$1.6B
$27.6B
Q1 25
$1.6B
$27.4B
Q4 24
$1.7B
$18.7B
Q3 24
$2.5B
$18.5B
Q2 24
$2.5B
$18.1B
Debt / Equity
CLW
CLW
WSBC
WSBC
Q1 26
0.44×
Q4 25
0.42×
Q3 25
0.43×
Q2 25
0.39×
Q1 25
Q4 24
0.33×
Q3 24
1.73×
Q2 24
1.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLW
CLW

Segment breakdown not available.

WSBC
WSBC

Net Interest Income$215.4M84%
Noninterest Income$41.8M16%

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