WesBancoWSBC
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
5,700% more call options, than puts
Call options by funds: $348K | Put options by funds: $6K
137% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 19
53% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 57
30% more capital invested
Capital invested by funds: $1.05B [Q2] → $1.36B (+$314M) [Q3]
13.83% more ownership
Funds ownership: 63.08% [Q2] → 76.91% (+13.83%) [Q3]
12% more funds holding
Funds holding: 217 [Q2] → 243 (+26) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Raymond James Daniel Tamayo 73% 1-year accuracy 19 / 26 met price target | 32%upside $44 | Strong Buy Upgraded | 6 Dec 2024 |
Stephens & Co. Russell Gunther 89% 1-year accuracy 16 / 18 met price target | 2%upside $34 | Equal-Weight Maintained | 28 Oct 2024 |
Financial journalist opinion
Based on 6 articles about WSBC published over the past 30 days
