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WesBanco ( (WSBC) ) has shared an update.
WesBanco, Inc. has announced the completion of its merger with Premier Financial Corp., effective February 28, 2025. This strategic acquisition is expected to enhance WesBanco’s financial position by integrating Premier Financial’s assets and liabilities at fair value, although the actual financial impact will be determined as of the merger’s effective date. The pro forma financial statements provided are for informational purposes and do not necessarily reflect the future financial results of the combined entity.
The most recent analyst rating on (WSBC) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on WesBanco stock, see the WSBC Stock Forecast page.
Spark’s Take on WSBC Stock
According to Spark, TipRanks’ AI Analyst, WSBC is a Outperform.
WesBanco’s strong earnings call performance and robust financial management are the most significant factors driving the score. The technical analysis supports a positive trend, while valuation remains moderate. Challenges in profitability margins and deposit cost management are noted but do not overshadow the overall positive outlook.
To see Spark’s full report on WSBC stock, click here.
More about WesBanco
Average Trading Volume: 534,823
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.08B
For detailed information about WSBC stock, go to TipRanks’ Stock Analysis page.