WesBanco (WSBC) AI Stock Analysis

• Market Cap: $3.46B
• Dividend Yield: 4.35%
• Average Volume (3M): 425.80K
• Price to Earnings (P/E): 16.2
• Beta (1Y): 0.77
• Revenue Growth: 41.49%
• EPS Growth: -5.53%
• Country: US
• Employees: 3,205
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.84
• Shares Outstanding: 96,045,350
• 10 Day Avg. Volume: 603,388
• 30 Day Avg. Volume: 425,795
• PEG Ratio: -1.35
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 2.15
• P/FCF Ratio: 10.15
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 2.63
• Enterprise Value/Gross Profit: 4.28
• Enterprise Value/Ebitda: 13.64
• 1Y Price Target: $38.50
• Price Target Upside: 5.31% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 3.71
• Revenue Forecast (FY): $1.10B

• Rating: 75 Outperform
• Price Target: $40.00 ▲(9.41% Upside)

The score is driven primarily by solid financial performance (strong revenue and free-cash-flow growth with improved leverage), supported by a constructive earnings outlook (stable-to-improving NIM guidance and identifiable cost saves). Technicals add a moderate tailwind with the stock trading above key moving averages. Valuation is supportive due to a high dividend yield, while the main offsetting risks are margin/ROE pressure, weaker cash-flow conversion metrics, and elevated CRE payoffs plus near-term expense headwinds discussed on the call.

Positive Factors

Revenue and Free Cash Flow Growth

Sustained top-line growth and very strong free cash flow expansion improve financial flexibility. This durable cash generation supports loan funding, dividend increases, capital build, and reinvestment in technology or markets without relying on volatile funding sources.

Scale from Premier Acquisition

The Premier deal materially increases scale, deposits and fee income, enhancing market position among top-50 U.S. regional banks. Larger footprint and diversified deposits reduce concentration risk and improve ability to cross-sell wealth, treasury and commercial products over time.

Net Interest Margin Expansion

A higher NIM trajectory, reinforced by reinvestment of securities at materially higher yields than legacy portfolio, supports durable net interest income growth. This structural pickup underpins core profitability assuming continued deposit funding of loan growth.

Negative Factors

Elevated CRE Payoffs

Large, front‑loaded commercial real estate payoffs materially reduce earning asset balances and create a multi-quarter headwind to loan growth. That runoff pressures NIM and redeployment needs, increasing reinvestment risk and potentially compressing loan yields.

Declining Margins and ROE

Erosion in gross and net margins and falling ROE signal weakening profitability efficiency. Lower cash conversion from operating income can constrain internal funding for growth and shareholder returns, requiring sustained cost discipline or higher revenue mix from fees.

Post-Acquisition Expense and Capital Drag

Acquisition-related expense base, intangible amortization and quarterly preferred dividend obligations meaningfully reduce earnings available to common shareholders. This structurally raises the expense floor and limits near-term capital allocation flexibility until cost saves and CET1 targets are met.

WesBanco Business Overview & Revenue Model

Company Description

WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services. It operates in two segments, Community Banking, and Trust and Investment Services. The company offers commercial demand, individual demand, and time deposit accounts; money market accounts; interest bearing and non-interest bearing demand deposits, as well as savings deposits; and certificates of deposit. It also provides commercial real estate loans; commercial and industrial loans; residential real estate loans, including loans to purchase, construct, or refinance borrower's home; home equity lines of credit; installment loans to finance the purchase of automobiles, trucks, motorcycles, boats, and other recreational vehicles, as well as home equity installment loans, unsecured home improvement loans, and revolving lines of credit; and commercial, mortgage, and individual installment loans. In addition, the company offers trust and investment services, as well as various investment products comprising mutual funds and annuities; and securities brokerage services. Further, WesBanco, Inc., through its non-banking subsidiaries, acts as an agency that specializes in property, casualty, life, and title insurance, as well as benefit plan sales and administration to personal and commercial clients; provides broker dealer and discount brokerage services; holds investment securities and loans; and holds and leases commercial real estate properties, as well as acts as an investment adviser to a family of mutual funds. As of December 31, 2021, it operated 206 branches and 203 ATMs in West Virginia, Ohio, western Pennsylvania, Kentucky, southern Indiana, and Maryland, as well as seven loan production offices in West Virginia, Ohio, western Pennsylvania, Maryland, and northern Virginia. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.

How the Company Makes Money

WesBanco generates revenue primarily through its interest income, which comes from loans and leases extended to customers, as well as from investments in securities. The company's key revenue streams include net interest income from traditional banking operations, fees and commissions from wealth management services, mortgage origination fees, and service charges on deposit accounts. Additionally, WesBanco earns income from its investment and trust services, which cater to both individual and institutional clients. The bank also benefits from strategic partnerships with various financial service providers, enhancing its product offerings and customer reach, thereby contributing to its overall earnings.

WesBanco Financial Statement Overview

Summary

Solid fundamentals overall: strong TTM revenue growth (+12.49%) and strong free cash flow growth (+30.97%) support the business outlook, and leverage improved (debt-to-equity 0.42). Offsetting this, profit margins and return on equity have declined, and operating cash flow conversion to net income is low.

Income Statement

WesBanco shows strong revenue growth with a 12.49% increase in TTM, indicating robust business expansion. However, the gross profit margin has declined from previous years, suggesting increased costs or pricing pressures. The net profit margin has also decreased, reflecting potential challenges in maintaining profitability. Despite these, the company maintains a healthy EBIT and EBITDA margin, showcasing operational efficiency.

Balance Sheet

The debt-to-equity ratio has improved to 0.42 in TTM from higher levels in previous years, indicating better leverage management. However, the return on equity has decreased, suggesting less effective use of equity capital. The equity ratio remains stable, reflecting a solid capital structure.

Cash Flow

WesBanco's free cash flow growth is impressive at 30.97% in TTM, indicating strong cash generation capabilities. The operating cash flow to net income ratio is low, suggesting potential issues in converting income to cash. However, the free cash flow to net income ratio remains high, demonstrating efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.30B	947.61M	824.87M	625.14M	609.51M	661.10M
Gross Profit	798.97M	580.97M	576.96M	587.46M	646.75M	491.56M
EBITDA	250.44M	200.40M	208.48M	249.44M	315.24M	159.21M
Net Income	181.63M	151.51M	159.03M	192.11M	242.26M	122.04M
Balance Sheet
Total Assets	27.52B	18.68B	17.71B	16.93B	16.93B	16.43B
Cash, Cash Equivalents and Short-Term Investments	1.24B	780.73M	2.79B	2.94B	4.26B	2.88B
Total Debt	1.75B	1.47B	1.73B	1.12B	458.67M	983.24M
Total Liabilities	23.40B	15.89B	15.18B	14.51B	14.23B	13.67B
Stockholders Equity	4.12B	2.79B	2.53B	2.43B	2.69B	2.76B
Cash Flow
Free Cash Flow	245.26M	200.67M	146.82M	196.15M	327.76M	52.05M
Operating Cash Flow	262.93M	211.00M	169.32M	204.14M	336.30M	59.61M
Investing Cash Flow	-122.81M	-1.03B	-535.22M	-1.07B	-328.50M	57.79M
Financing Cash Flow	247.22M	791.90M	552.87M	21.07M	338.11M	553.25M

WesBanco Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 36.56
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 36.56 is above the 20-day moving average (MA) of 34.80, above the 50-day MA of 33.97, and above the 200-day MA of 31.53, indicating a bullish trend. The MACD of 0.55 indicates Negative momentum. The RSI at 63.06 is Neutral, neither overbought nor oversold. The STOCH value of 69.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WSBC.

WesBanco Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WSFS	76 Outperform	$3.63B	13.04	10.27%	1.16%	-3.62%	10.83%
WSBC	75 Outperform	$3.46B	16.18	6.54%	4.35%	41.49%	-5.53%
CBU	73 Outperform	$3.36B	16.06	11.01%	3.14%	9.41%	20.64%
BKU	70 Outperform	$3.60B	13.60	8.97%	2.71%	-5.44%	45.47%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MCHB	67 Neutral	$3.63B	-2.27	10.47%	1.49%	-1.40%	-420.27%
SFNC	62 Neutral	$2.98B	-7.53	-12.42%	4.41%	-55.53%	-387.04%

WesBanco Corporate Events

WesBanco announces retirement of Chief Risk Officer Perkins

On January 22, 2026, WesBanco, Inc. announced that Senior Executive Vice President and Chief Risk Officer Michael L. Perkins will retire from his position effective June 30, 2026. The company plans to enter into a separation agreement with Perkins in connection with his retirement, and while details are not yet finalized, the leadership transition in the chief risk role may have implications for WesBanco’s risk management oversight and continuity at the executive level.

The most recent analyst rating on (WSBC) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on WesBanco stock, see the WSBC Stock Forecast page.

WesBanco Increases Quarterly Dividend by 2.7%

WesBanco, Inc. announced a 2.7% increase in its quarterly cash dividend to $0.38 per common share, payable on January 2, 2026, to shareholders of record on December 5, 2025. This marks the nineteenth dividend increase since 2010, reflecting the company’s strong capital position and net income, and results in a dividend yield of approximately 5.0% based on the recent stock price.

The most recent analyst rating on (WSBC) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on WesBanco stock, see the WSBC Stock Forecast page.

WesBanco Highlights Q4 2025 Investor Presentations

WesBanco has announced its Q4 2025 investor presentations, highlighting its strong market presence and diversified revenue streams. The company emphasizes its strategic growth through disciplined credit and risk management, leveraging digital capabilities, and maintaining a focus on shareholder returns. The merger with Premier and the associated synergies are expected to enhance its competitive positioning, although there are risks related to economic conditions and regulatory changes.

The most recent analyst rating on (WSBC) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on WesBanco stock, see the WSBC Stock Forecast page.