WesBanco, Inc.
- Open
- 40.73
- Day high
- 41.12
- Day low
- 40.38
- Prev close
- 41.18
- Volume
- 1.2M
- Mkt cap
- $3.9B
- P/E (TTM)
- 12.9
- EPS (TTM)
- $3.16
- P/B
- 1.0
- P/S
- 2.6
- Yield
- 1.86%
- Per share
- $0.76
- ▲Insiders net buying $174K over the last 3 months (6 open-market buys, 1 sale)
- ◆Cluster buying — multiple insiders bought within days
- 🏛Institutions mixed (13F)
WesBanco, Inc. (WSBC) is a Financial Services company listed on NASDAQ. The stock is up 24% over the past year. Over the trailing 3 months, insiders filed 6 open-market buys and 1 sale (SEC Form 4).
WesBanco, Inc. (WSBC) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
WSBC earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 22, 2026 | $0.86 | $0.91 | +5.8% | $257M | -2.8% |
| Jan 27, 2026 | $0.84 | $0.84 | +0.0% | $266M | +0.3% |
| Oct 22, 2025 | $0.88 | $0.94 | +6.6% | $260M | -1.6% |
| Jan 22, 2025 | $0.54 | $0.71 | +31.5% | $161M | -17.0% |
| Oct 23, 2024 | $0.51 | $0.54 | +5.9% | $149M | -2.3% |
| Jul 26, 2024 | $0.53 | $0.49 | -7.5% | $146M | +16.1% |
| Jan 23, 2024 | $0.56 | $0.55 | -1.8% | $146M | +25.1% |
| Oct 25, 2023 | $0.59 | $0.59 | +0.0% | $147M | +19.9% |
| Jul 25, 2023 | $0.67 | $0.71 | +6.0% | $152M | +22.8% |
| Jan 24, 2023 | $0.83 | $0.84 | +1.2% | $156M | -1.9% |
| Jul 26, 2022 | $0.68 | $0.67 | -1.5% | $144M | +2.1% |
| Jan 25, 2022 | $0.71 | $0.82 | +15.5% | $140M | +29.6% |
WSBC insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 23, 2026 | Pattishall-Krupinski Janofficer: SEVP - Chief Admin Officer | Sell | 2,250 | $36.70 |
| Jun 23, 2026 | Pattishall-Krupinski Janofficer: SEVP - Chief Admin Officer | Option | 2,250 | $24.91 |
| Jun 2, 2026 | Pattishall-Krupinski Janofficer: SEVP - Chief Admin Officer | Grant | 880 | — |
| Jun 2, 2026 | Perkins Michael Lofficer: SEVP/Chief Risk Officer | Grant | 1,380 | — |
| Jun 2, 2026 | Clossin Todddirector | Tax | 10,988 | $34.56 |
| Jun 2, 2026 | Clossin Todddirector | Grant | 4,266 | — |
| Jun 2, 2026 | Pattishall-Krupinski Janofficer: SEVP - Chief Admin Officer | Tax | 138 | $33.43 |
| Jun 2, 2026 | Pattishall-Krupinski Janofficer: SEVP - Chief Admin Officer | Tax | 2,098 | $34.56 |
| Jun 2, 2026 | Daniel K Weissofficer: SEVP & Chief Financial Officer | Grant | 1,061 | — |
| Jun 2, 2026 | Griffith Kimberly Lofficer: SEVP - Human Resources | Tax | 500 | $34.56 |
| Jun 2, 2026 | Zatta Jayson Mofficer: SEVP & Chief Banking Officer | Grant | 2,032 | — |
| Jun 2, 2026 | Perkins Michael Lofficer: SEVP/Chief Risk Officer | Tax | 3,030 | $34.56 |
| Jun 2, 2026 | Zatta Jayson Mofficer: SEVP & Chief Banking Officer | Tax | 341 | $33.42 |
| Jun 2, 2026 | Jackson Jeffrey Hdirector, officer: President & CEO | Tax | 12,059 | $34.56 |
| Jun 2, 2026 | Zatta Jayson Mofficer: SEVP & Chief Banking Officer | Tax | 5,962 | $34.56 |
Source: WSBC SEC Form 4 filings, latest Jun 23, 2026. For informational purposes only — not investment advice.
See the full WSBC insider & 13F page →WesBanco, Inc. company profile
Overview
WesBanco, Inc. (NASDAQ:WSBC) is a regional bank holding company founded in 1870 and headquartered in Wheeling, West Virginia. The company operates through its primary subsidiary, WesBanco Bank, Inc., serving customers across West Virginia, Ohio, western Pennsylvania, Kentucky, southern Indiana, and Maryland. WesBanco has grown from a local community bank into a significant regional financial institution, culminating in its transformative acquisition of Premier Financial Corp. in early 2025, which expanded its asset base to approximately $27 billion and established it among the top 100 largest banks in the United States.
Business
WesBanco operates as a comprehensive financial services provider in the regional banking industry, which serves as an intermediary between depositors seeking to earn returns on their funds and borrowers requiring capital for various purposes. The company's business is organized into two primary segments that work together to serve both individual consumers and business clients. The Community Banking segment represents the core of WesBanco's operations, generating approximately 85-90% of total revenue. This division provides traditional banking services including commercial and consumer lending, deposit gathering, and retail banking services. The bank offers various deposit products such as checking accounts, savings accounts, money market accounts, and certificates of deposit, which serve as the primary funding source for its lending activities. On the lending side, WesBanco provides commercial real estate loans, commercial and industrial loans to businesses, residential mortgages, home equity lines of credit, and consumer installment loans for automobiles and other personal needs. The Trust and Investment Services segment contributes roughly 10-15% of revenue and provides wealth management solutions to affluent individuals and institutions. This division manages investment portfolios, offers trust services for estate planning, and provides securities brokerage services. As of recent reports, this segment oversees approximately $6 billion in trust and investment assets, representing a significant fee-based revenue stream that helps diversify the bank's income beyond traditional lending margins. WesBanco also operates several non-banking subsidiaries that provide insurance services, acting as an agency for property, casualty, life, and title insurance products. These subsidiaries contribute additional fee-based revenue while deepening customer relationships through cross-selling opportunities.
Revenue model
WesBanco generates revenue through the traditional banking model of net interest income and fee-based services. The primary revenue driver is net interest income, which represents the difference between interest earned on loans and investments and interest paid on deposits and borrowings. This spread, measured as net interest margin, has improved significantly following the Premier Financial acquisition, reaching approximately 3.35% in Q1 2025. The bank funds its loan portfolio primarily through customer deposits, which provides a relatively low-cost funding base compared to wholesale borrowing. Fee-based revenue contributes approximately 25-30% of total income and includes trust and investment management fees, mortgage banking income, service charges on deposit accounts, commercial swap fees, and insurance commissions. The trust and investment services segment provides particularly stable fee income based on assets under management, while mortgage banking generates income through loan origination and servicing activities. Several factors influence WesBanco's profitability margins. Interest rate environment significantly impacts net interest margin, with the bank benefiting from rising rates on its asset-sensitive balance sheet, though this relationship can reverse during rate-cutting cycles. Credit quality affects profitability through loan loss provisions, with economic downturns potentially requiring higher reserves for potential defaults. Deposit competition from larger banks and online institutions can pressure funding costs, particularly during periods of monetary tightening. Regulatory compliance costs continue to increase as the bank grows larger and faces enhanced oversight requirements. Operational efficiency remains crucial, with the bank targeting cost savings through branch optimization and technology investments while managing the integration costs from the Premier acquisition.
Competitive moat
WesBanco possesses a moderate competitive moat built primarily on local market relationships and community banking advantages, though this moat faces ongoing pressure from larger competitors and technological disruption. The bank's strongest defensive position comes from its deep-rooted presence in smaller metropolitan and rural markets across its six-state footprint, where personal relationships and local decision-making provide advantages over large national banks that often centralize lending decisions. The company's relationship-based lending model allows it to serve small and medium-sized businesses that may struggle to access credit from mega-banks, creating customer loyalty and pricing power in specific market niches. WesBanco's commercial bankers can make lending decisions locally and maintain long-term relationships with business customers, which helps retain deposits and cross-sell additional services. However, this moat is relatively narrow and under pressure from multiple directions. Large national banks continue to expand into WesBanco's markets with superior technology platforms, broader product offerings, and aggressive pricing. Online banks and fintech companies threaten deposit gathering by offering higher rates and more convenient digital experiences. The commoditization of basic banking services reduces switching costs for customers, while regulatory requirements increasingly favor larger institutions that can spread compliance costs across broader asset bases. WesBanco's recent acquisition of Premier Financial represents an attempt to strengthen its competitive position by achieving greater scale and market density, but the bank still operates in a highly competitive industry with limited barriers to entry for well-capitalized competitors. The company's long-term success will depend on its ability to leverage local relationships while investing sufficiently in technology and digital capabilities to compete with larger, more resource-rich institutions.
Risks & safety
WesBanco demonstrates adequate financial safety with solid capitalization but faces integration risks and margin pressures that require careful monitoring. • Liquidity and Solvency: Strong cash position of $1.1 billion and total assets of $27.4 billion provide substantial liquidity buffer. Debt-to-equity ratio of 0.52 indicates moderate leverage typical for regional banks. • Capital Adequacy: Recent $200 million equity raise strengthened capital base ahead of Premier acquisition. Regulatory capital ratios remain above well-capitalized thresholds, though integration costs and loan growth will pressure ratios. • Valuation Metrics: Trading at 0.63x book value and 10.3x trailing earnings suggests reasonable valuation, though current P/E reflects integration benefits not yet realized. EV/EBITDA of 79x appears elevated due to temporary integration expenses. • Operational Risks: Negative free cash flow of $31 million in Q1 2025 reflects integration costs and timing differences. Net interest margin improvement to 3.35% provides positive momentum, but success depends on successful Premier integration and deposit retention. • Credit Quality: Non-performing assets at historically low 0.17% of total assets indicate strong underwriting, though economic sensitivity remains given commercial real estate concentration near regulatory limits.
Recent development
WesBanco has undergone significant strategic transformation over the past several years, culminating in the transformative acquisition of Premier Financial Corp. completed in Q1 2025. This $960 million all-stock transaction increased WesBanco's asset base by 54% to $27.4 billion and established the combined entity among the top 100 largest U.S. banks. The acquisition expanded WesBanco's geographic footprint into Ohio, Indiana, and Michigan markets while adding complementary commercial banking capabilities. The company has pursued an aggressive organic growth strategy alongside its acquisition activity, achieving $1 billion in loan growth in 2024 that was fully funded by organic deposit growth. WesBanco expanded its commercial lending presence by opening loan production offices in key markets including Nashville, Knoxville, Indianapolis, and Northern Virginia, while hiring over 50 revenue producers to support growth initiatives. Operational efficiency improvements have been a consistent focus, with the bank consolidating 11 branches in 2024 to generate approximately $4 million in annual cost savings. The company launched the "Summer of One" deposit campaign that successfully opened 6,000 new consumer accounts, while introducing the WesBanco One Account product that has attracted over 90,000 new customers since its launch. Technology and digital banking enhancements have supported customer acquisition and retention efforts, though specific platform investments have not been detailed in recent earnings calls. The bank has also strengthened its treasury management capabilities to better serve commercial clients and compete for business banking relationships. The Premier integration process is expected to generate $41 million in annual cost savings once fully realized, with core system conversion scheduled for mid-2025. Management anticipates the acquisition will be 40%+ accretive to earnings per share in 2025, representing a significant catalyst for financial performance improvement.
WSBC company profile · for informational purposes only — not investment advice.
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