Want to see WSBC full AI Analyst Report?
Top Page
WesBanco
(NASDAQ:WSBC)
Select Model
Select Model
Rating:74Outperform
Price Target:
$44.00
▲(21.01% Upside)
Action:Reiterated
Date:05/21/26
WSBC scores well on improving financial performance and strong cash generation, supported by attractive valuation (low P/E and solid dividend yield). The overall score is held back by weaker near-term technical momentum and earnings-call risks around CRE payoffs, higher expenses, and credit metrics (NPL uptick/allowance coverage).
Positive Factors
Strong cash generation
Sustained, high free cash flow and operating cash flow provide durable internal funding for dividends, buybacks, loan growth and loss absorption. A near-1.0 FCF-to-net-income ratio signals earnings quality and long-term flexibility to invest or return capital without reliance on volatile markets.
Negative Factors
Elevated CRE payoffs
Large, persistent CRE payoffs materially reduce earning assets and create volatility in loan growth and interest income. Over several quarters this can compress asset yields, force redeployment at lower margins and complicate growth targets, making loan book scale and earnings less predictable.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Sustained, high free cash flow and operating cash flow provide durable internal funding for dividends, buybacks, loan growth and loss absorption. A near-1.0 FCF-to-net-income ratio signals earnings quality and long-term flexibility to invest or return capital without reliance on volatile markets.
Read all positive factors
WesBanco Key Performance Indicators (KPIs)
WesBanco (WSBC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.81B
Dividend Yield4.35%
Average Volume (3M)1.37M
Price to Earnings (P/E)12.5
Beta (1Y)0.81
Revenue Growth49.44%
EPS Growth102.42%
CountryUS
Employees3,205
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)3.16
Shares Outstanding96,180,560
10 Day Avg. Volume3,047,318
30 Day Avg. Volume1,372,310
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.74
Price to Sales (P/S)2.08
P/FCF Ratio10.64
Enterprise Value/Market Cap1.20
Enterprise Value/Revenue3.04
Enterprise Value/Gross Profit4.45
Enterprise Value/Ebitda10.54
Forecast
1Y Price Target
$41.25Price Target Upside13.45% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)3.59
Revenue Forecast (FY)$1.08B
WesBanco Business Overview & Revenue Model
Company Description
WesBanco, Inc. functions as the parent entity for WesBanco Bank, Inc., overseeing a comprehensive portfolio of financial services. These offerings encompass retail and corporate banking, trust administration for both individuals and businesses, br...
How the Company Makes Money
WesBanco makes money primarily through (1) net interest income and (2) noninterest income. Net interest income is earned from the spread between interest collected on interest-earning assets—most notably commercial loans, real estate loans (includ...
WesBanco Earnings Call Summary
Earnings Call Date:Apr 21, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 21, 2026
Earnings Call Sentiment Positive
The call presented a largely positive view: strong earnings (EPS +38% YoY), robust pretax pre-provision earnings (+44% YoY), improved profitability metrics, a record commercial pipeline and successful execution on the Premier acquisition. Management acknowledged near-term headwinds—elevated CRE payoffs (Q1 $340M; $700M–$900M expected for the year), a sequential loan decline, a modest rise in NPAs tied to three CRE loans, and higher operating expenses from acquisition-related and strategic investments—but provided clear plans and guidance (pipeline conversion, South Florida expansion, CET1 build, NIM and fee income outlook) to mitigate these issues. Overall, positive fundamentals and strategic momentum outweigh the listed challenges.Positive Updates
Strong Earnings and EPS Growth
Net income available to common shareholders (ex-merger/restructuring) of $87 million; diluted EPS $0.91, up 38% year-over-year; pretax pre-provision earnings of $114 million, up 44% year-over-year.
Negative Updates
Elevated CRE Payoffs Pressuring Loan Growth
Commercial real estate project payoffs totaled $340 million in Q1 and about $1 billion over the last 9 months, creating a 1.4% headwind to year-over-year loan growth; management now expects $700 million to $900 million in CRE payoffs for the full year.
Read all updates
Q1-2026 Updates
Positive
Negative
Strong Earnings and EPS Growth
Net income available to common shareholders (ex-merger/restructuring) of $87 million; diluted EPS $0.91, up 38% year-over-year; pretax pre-provision earnings of $114 million, up 44% year-over-year.
Read all positive updates
Company Guidance
Management's 2026 guidance emphasized continued disciplined, deposit-funded loan growth and many specific targets: they expect mid-single-digit year-over-year loan growth for 2026 (supported by a record commercial pipeline that rose from $1.6B at quarter end to $1.8B and an early $400M South Florida pipeline), but note elevated CRE payoffs of $700M–$900M expected for the year (Q1 payoffs were $340M and ~$1B of payoffs over the last 9 months). NIM, which was 3.57% in Q1 (up 22 bps YoY), is expected to rebound into the low‑360 bps in Q2 and reach the mid‑ to high‑360s in H2; quarterly fee income is seen growing about 3%–5% YoY (gross commercial swap fee income $8M–$10M; treasury management revenue up 82% YoY to $2.5M). Expense guidance calls for a Q2 run‑rate approaching $150M, rising a couple percent in Q3 (~$152–153M) with ~$2M of annual savings from 10 branch closures realized mid‑Q2, marketing near $4M/quarter, and higher salaries/equipment spend for strategic hires and technology; CET1 was 10.7% at March 31 and is expected to build ~5–10 bps per quarter toward an ~11% year‑end target, and the full‑year effective tax rate is forecast at 20%–21%.WesBanco Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
69
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.51B | 1.43B | 947.61M | 824.87M | 625.14M | 609.51M |
| Gross Profit | 1.03B | 902.97M | 580.97M | 576.96M | 587.46M | 646.75M |
| EBITDA | 435.39M | 311.37M | 200.40M | 208.48M | 249.44M | 315.24M |
| Net Income | 320.73M | 223.11M | 151.51M | 159.03M | 192.11M | 242.26M |
Balance Sheet | ||||||
| Total Assets | 27.48B | 27.70B | 18.68B | 17.71B | 16.93B | 16.93B |
| Cash, Cash Equivalents and Short-Term Investments | 214.45M | 204.86M | 780.73M | 2.79B | 2.94B | 4.26B |
| Total Debt | 1.40B | 1.66B | 1.47B | 1.73B | 1.12B | 458.67M |
| Total Liabilities | 23.41B | 23.66B | 15.89B | 15.18B | 14.51B | 14.23B |
| Stockholders Equity | 4.07B | 4.03B | 2.79B | 2.53B | 2.43B | 2.69B |
Cash Flow | ||||||
| Free Cash Flow | 399.24M | 279.99M | 200.67M | 146.82M | 196.15M | 327.76M |
| Operating Cash Flow | 423.41M | 290.41M | 211.00M | 169.32M | 204.14M | 336.30M |
| Investing Cash Flow | -270.08M | -71.01M | -1.03B | -535.22M | -1.07B | -328.50M |
| Financing Cash Flow | -284.64M | 168.57M | 791.90M | 552.87M | 21.07M | 338.11M |
WesBanco Technical Analysis
Positive
36.36
Price Trends
34.99
Positive
34.76
Positive
33.40
Positive
Market Momentum
1.33
Negative
73.97
Negative
92.55
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WSBC, the sentiment is Positive. The current price of 36.36 is below the 20-day moving average (MA) of 36.93, above the 50-day MA of 34.99, and above the 200-day MA of 33.40, indicating a bullish trend. The MACD of 1.33 indicates Negative momentum. The RSI at 73.97 is Negative, neither overbought nor oversold. The STOCH value of 92.55 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WSBC.
WesBanco Risk Analysis
WesBanco disclosed 31 risk factors in its most recent earnings report. WesBanco reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
WesBanco Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $4.02B | 13.78 | 11.34% | 1.16% | -2.18% | 26.43% | |
77 Outperform | $3.55B | 16.41 | 11.11% | 3.14% | 6.86% | 13.91% | |
74 Outperform | $3.81B | 12.54 | 8.00% | 4.35% | 49.44% | 102.42% | |
68 Neutral | $3.74B | 16.55 | 9.93% | 1.49% | 149.37% | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | $3.31B | -7.54 | -10.51% | 4.41% | -57.23% | -320.45% | |
59 Neutral | $3.46B | 13.31 | 9.02% | 2.71% | -5.12% | 11.35% |
* Financial Sector Average
WSBC
WesBanco
39.64
7.42
23.02%
BKU
BankUnited
48.57
11.65
31.54%
CBU
Community Bank System
67.61
9.37
16.08%
MCHB
Mechanics Bancorp Class A
16.16
3.90
31.84%
SFNC
Simmons 1st Nat'l
22.84
3.34
17.15%
WSFS
Wsfs Financial
77.17
18.79
32.18%
WesBanco Corporate Events
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and Compliance
WesBanco Outlines Executive Transition for Chief Risk Officer
Neutral
Jun 4, 2026
On January 22, 2026, WesBanco, Inc. disclosed that Senior Executive Vice President and Chief Risk Officer Michael L. Perkins would retire effective June 30, 2026, and on June 3, 2026, the company finalized an Executive Transition and Consulting Ag...
Business Operations and StrategyStock Buyback
WesBanco Expands Stock Repurchase Authorization, Boosting Capital Flexibility
Positive
May 20, 2026
On May 20, 2026, WesBanco announced that its board approved a 4.0 million share increase to the stock repurchase program first authorized on February 24, 2022, which had about 0.9 million shares remaining as of March 31, 2026. The expanded authori...
Business Operations and StrategyFinancial Disclosures
WesBanco Outlines Deposit-Funded Growth and Efficiency Strategy
Positive
May 4, 2026
In an investor presentation for the second quarter of 2026, WesBanco outlined a growth strategy built on a 150-year record of profitability, a robust low-cost deposit base and strong capital levels that support lending and expansion across economi...
Executive/Board ChangesShareholder Meetings
WesBanco shareholders approve directors, auditor and equity plan
Positive
Apr 16, 2026
At its April 15, 2026 annual meeting, WesBanco shareholders elected five directors—Louis M. Altman, John L. Bookmyer, Todd F. Clossin, Denise Knouse-Snyder, and F. Eric Nelson Jr.—to three-year terms ending in 2029, and Joseph R. Robin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.