WesBanco
WSBC

$30.83

2.1%

Market Cap: $1.84B

About: Wesbanco Inc is a bank holding company that offers a full range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking, and insurance. The company has two reportable segments: community banking and trust and investment services. WesBanco operates one commercial bank, WesBanco Bank, which runs scores of branches. Its market service area primarily includes the Rust Belt region of the United States. Commercial real estate accounts for nearly half of the bank's loan portfolio. The bank has historically grown through both organic growth and acquisitions. The bank's primary component of net revenue is net interest income.

Employees: 2,321

Financials National Commercial Banks

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

665% more call options, than puts

Call options by funds: $237K | Put options by funds: $31K

80% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 15

48% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 58

6% more funds holding

Funds holding: 205 [Q1] → 217 (+12) [Q2]

0.2% more ownership

Funds ownership: 62.52% [Q1] → 62.72% (+0.2%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

6% less capital invested

Capital invested by funds: $1.11B [Q1] → $1.04B (-$66.6M) [Q2]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$34

10%

upside

Avg. target

$37

20%

upside

High target

$42

36%

upside

3 analyst ratings

1 positive

33%

2 neutral

67%

0 negative

0%

Keefe, Bruyette & Woods Catherine Mealor 64% 1-year accuracy 9 / 14 met price target	10%upside $34	Market Perform Maintained	1 Aug 2024
RBC Capital Jon Arfstrom 78% 1-year accuracy 40 / 51 met price target	14%upside $35	Sector Perform Maintained	29 Jul 2024
DA Davidson Russell Gunther 75% 1-year accuracy 9 / 12 met price target	36%upside $42	Buy Maintained	29 Jul 2024

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Financial journalist opinion

Based on 3 articles about WSBC published over the past 30 days

WesBanco Bank Appoints Cris Gossard as Central Ohio Market President

WHEELING, W.Va. , Aug. 22, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has appointed Cris Gossard as Central Ohio (CO) Market President and Senior Commercial Banker.

WesBanco Bank Appoints Cris Gossard as Central Ohio Market President

WesBanco Declares Quarterly Cash Dividend to Its Shareholders

WHEELING, W.Va. , Aug. 21, 2024 /PRNewswire/ -- WesBanco, Inc. (NASDAQ: WSBC), a diversified, multi-state bank holding company, announced today that its Board of Directors has declared a quarterly cash dividend of $0.36 per share to be paid to its holders of common stock.

WesBanco Declares Quarterly Cash Dividend to Its Shareholders

WesBanco, Inc. Named to Newsweek's America's Greatest Workplaces for Parents & Families 2024

The award recognizes WesBanco's commitment to creating a supportive and inclusive workplace culture for parents WHEELING, W.Va., Aug. 20, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today that Newsweek and Plant-A Insights Group have recognized it as one of America's Greatest Workplaces for Parents and Families 2024.

WesBanco, Inc. Named to Newsweek's America's Greatest Workplaces for Parents & Families 2024

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Premier Financial Corp.

NEW YORK , July 26, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Premier Financial Corp. (NASDAQ: PFC) and its board of directors concerning the proposed acquisition of the company by WesBanco, Inc. (NASDAQ: WSBC). Stockholders will receive 0.80 shares of WesBanco common stock for each share of Premier Financial stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Premier Financial Corp.

WesBanco, Inc. (WSBC) Q2 2024 Earnings Call Transcript

WesBanco, Inc. (NASDAQ:WSBC ) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants John Iannone - Senior Vice President, Investor Relations Jeff Jackson - President & Chief Executive Officer Dan Weiss - Senior Executive Vice President & Chief Financial Officer Conference Call Participants Karl Shepard - RBC Capital Markets Catherine Mealor - KBW Russell Gunther - Stephens David Bishop - Hovde Group Daniel Cardenas - Janney Montgomery Scott Manuel Navas - D.A. Davidson Operator Good morning and welcome to the WesBanco, Inc.'s Second Quarter 2024 Earnings and Proposed Merger Conference Call.

WesBanco, Inc. (WSBC) Q2 2024 Earnings Call Transcript

Zacks Investment Research

WesBanco (WSBC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for WesBanco (WSBC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

WesBanco (WSBC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks Investment Research

WesBanco (WSBC) Q2 Earnings Miss Estimates

WesBanco (WSBC) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.71 per share a year ago.

WesBanco (WSBC) Q2 Earnings Miss Estimates

WSBC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of WesBanco, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of WesBanco, Inc. (NASDAQ: WSBC) and Premier Financial Corp. is fair to WesBanco shareholders. Upon completion of the proposed transaction, WesBanco shareholders will own approximately 62% of the combined company. Halper Sadeh encourages WesBanco shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or s.

WSBC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of WesBanco, Inc. Is Fair to Shareholders

Regional lender WesBanco to buy smaller rival Premier Financial in $959 mln deal

WesBanco has agreed to buy smaller rival Premier Financial in an all-stock deal valued at $959 million, the lenders said on Friday, offering another sign of growing consolidation in the U.S. regional banking industry.

Regional lender WesBanco to buy smaller rival Premier Financial in $959 mln deal

WesBanco, Inc. Announces Transformative Merger with Premier Financial Corp.

Creates a community-focused, regional financial services partner with $27+ billion in assets Announces $200 million in capital commitments in support of the merger WHEELING, W.Va. , July 26, 2024 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (NASDAQ: WSBC) and Premier Financial Corp. ("Premier") (NASDAQ: PFC) jointly announced today that they have executed a definitive Agreement and Plan of Merger ("Agreement") providing for the merger of Premier with and into WesBanco.

WesBanco, Inc. Announces Transformative Merger with Premier Financial Corp.

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