WesBancoWSBC
WSBC
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
0
Funds holding %
of 6,814 funds
–
Analysts bullish %
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
181% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 16
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] → $1.37B (+$316M) [Q3]
13.89% more ownership
Funds ownership: 63.42% [Q2] → 77.3% (+13.89%) [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
Low target
$34
12%
upside
Avg. target
$39
28%
upside
High target
$44
45%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Raymond James Daniel Tamayo 57% 1-year accuracy 13 / 23 met price target | 45%upside $44 | Strong Buy Upgraded | 6 Dec 2024 |
Stephens & Co. Russell Gunther 70% 1-year accuracy 14 / 20 met price target | 12%upside $34 | Equal-Weight Maintained | 28 Oct 2024 |
Financial journalist opinion
Neutral
PRNewsWire
6 days ago
WesBanco, Inc. to Host 2024 Fourth Quarter Earnings Conference Call and Webcast on Thursday, January 23rd
WHEELING, W. Va. , Jan. 3, 2025 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today it will host a conference call at 3:00 p.m.
Neutral
PRNewsWire
3 weeks ago
WesBanco Declares Quarterly Cash Dividend upon Its Perpetual Preferred Stock
WHEELING, W.Va. , Dec. 19, 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 on the outstanding shares of its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") (Nasdaq:WSBCP).
Neutral
Business Wire
1 month ago
WesBanco, Inc. and Premier Financial Corp. Announce Shareholder Approvals of Merger Agreement
WHEELING, W.Va.--(BUSINESS WIRE)--WesBanco, Inc. and Premier Financial Corp. Announce Shareholder Approvals of Merger Agreement.
Neutral
PRNewsWire
1 month ago
WesBanco, Inc. and Premier Financial Corp. Announce Shareholder Approvals of Merger Agreement
WHEELING, W.Va. , Dec. 11, 2024 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq: WSBC) and Premier Financial Corp. ("Premier") (Nasdaq: PFC) today announced that WesBanco's shareholders and Premier's shareholders have each voted overwhelmingly to adopt and approve, as applicable, all proposals relating to the previously announced merger agreement for WesBanco to acquire Premier.
Positive
Seeking Alpha
1 month ago
14 Upcoming Dividend Increases, Including A King
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend increase is 5.5%, and McDonald's will become a dividend king next year with a 49-year streak. My strategy involves buying, holding, and adding to companies that consistently increase dividends and beat benchmarks, using data from U.S. Dividend Champions and NASDAQ.
Neutral
PRNewsWire
1 month ago
WesBanco Inc. Names Jan Pattishall-Krupinski as Chief Administrative Officer
WHEELING, W.Va. , Nov. 25, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today the appointment of Jan Pattishall-Krupinski to the role of Senior Executive Vice President and Chief Administrative Officer, effective immediately.
Neutral
Zacks Investment Research
1 month ago
WesBanco Rewards Shareholders With 2.8% Hike in Quarterly Dividend
WSBC raises its quarterly dividend by 2.8% to 37 cents per share. Given its weak liquidity position, this seems unsustainable.
Neutral
Business Wire
1 month ago
PREMIER FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Premier Financial Corp. - PFC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Premier Financial Corp. (NasdaqGS: PFC) to WesBanco, Inc. (NasdaqGS: WSBC). Under the terms of the proposed transaction, shareholders of Premier will receive 0.80 of a share of WesBanco common stock for each share of Premier that they own. KSF is seeking to determine whether this consideration and the process.
Neutral
PRNewsWire
1 month ago
WesBanco Declares Increase in Quarterly Cash Dividend to Its Shareholders
WHEELING, W.Va. , Nov. 20, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today that its Board of Directors has approved a 2.8% increase in the quarterly cash dividend to $0.37 per common share from the previous quarterly dividend of $0.36 per common share.
Neutral
PRNewsWire
1 month ago
WesBanco Bank Names Chuck Chiatto as Western Pennsylvania Market President
WHEELING, W.Va. , Nov. 14, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has named Chuck Chiatto as Western Pennsylvania (WPA) Market President and Senior Commercial Banker, effective immediately.
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