Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
08 May 1987Website:
http://www.wesbanco.comNext earnings report:
25 July 2024Last dividends:
07 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:01:17 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
WSBC Latest News
WHEELING, W.Va. , July 3, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today it will host a conference call at 10:00 a.m.
WHEELING, W.Va. , June 27, 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).
WHEELING, W.Va. , June 7, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has named Patrick O'Malley to the role of Charleston/Huntington/Southeast Ohio (CHS) Market President and Senior Commercial Banker.
WesBanco, Inc. (WSBC) Q4 2023 Earnings Call Transcript
Although the revenue and EPS for WesBanco (WSBC) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
The margin declined more than expected in the last two quarters. Therefore, I've reduced my margin estimate for the full year. The loan growth outlook remains positive because of the management's initiatives. The December 2024 target price suggests a high upside from the current market price. Further, WSBC is offering a 5.2% dividend yield.
WesBanco (WSBC) announces a hike of 2.9% in its quarterly cash dividend. This, along with share repurchases, is likely to continue to enhance shareholders' value.
While the top- and bottom-line numbers for WesBanco (WSBC) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
WesBanco (WSBC) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.85 per share a year ago.
The headline numbers for WesBanco (WSBC) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
What type of business is WesBanco?
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.
What sector is WesBanco in?
WesBanco is in the Financial Services sector
What industry is WesBanco in?
WesBanco is in the Banks - Regional industry
What country is WesBanco from?
WesBanco is headquartered in United States
When did WesBanco go public?
WesBanco initial public offering (IPO) was on 08 May 1987
What is WesBanco website?
https://www.wesbanco.com
Is WesBanco in the S&P 500?
No, WesBanco is not included in the S&P 500 index
Is WesBanco in the NASDAQ 100?
No, WesBanco is not included in the NASDAQ 100 index
Is WesBanco in the Dow Jones?
No, WesBanco is not included in the Dow Jones index
When does WesBanco report earnings?
The next expected earnings date for WesBanco is 25 July 2024