# WesBanco, Inc. (WSBC)

> Source: Nexqual · https://nexqual.com/WSBC · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, WesBanco, Inc. (WSBC), nexqual.com/WSBC" · informational, not investment advice.

**Price:** USD 39.05 (-0.20% on the day) · last close of Oct 23, 2026; US market after hours, not a live price. Prev close 39.13 · day 38.61–39.32 · 52w 29.57–43.02 · market cap $3.75B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $1.06B, net income $356M (33.6% margin) (SEC filings).
- Valuation: P/E 10.5x (avg 12.9x at the last 3 fiscal year-ends).
- Analysts: Hold (mean 2.50 on a 1–5 scale) (8 analysts), mean target USD 44.14 (range 41–47).
- Total return with dividends: 1Y +30.2% vs S&P 500 +13.4%; 5Y +40.4% vs S&P 500 +76.9%.
- Next earnings: 2026-10-21, EPS estimate USD 0.91, revenue estimate $278M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $591M | $592M | $602M | $606M | $981M | $1.06B |
| Net income | $242M | $192M | $159M | $152M | $223M | $356M |
| EPS (diluted) | $3.53 | $3.02 | $2.51 | $2.26 | $2.23 | — |
| Free cash flow | $328M | $196M | $147M | $201M | $280M | — |
| Net margin | 41.0% | 32.5% | 26.4% | 25.0% | 22.7% | 33.6% |
| Revenue growth | -2.8% | +0.2% | +1.7% | +0.7% | +61.8% | — |
| Cash + short-term investments | $1.25B | $408M | $595M | $568M | $956M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 10.5x · P/S 3.5x · P/B 0.9x · Earnings yield 9.50% · Dividend yield (paid, TTM) 3.70%
P/E at fiscal year-ends: Dec 2025 13.6x, Dec 2024 13.5x, Dec 2023 11.7x.

## Analysts
Consensus Hold (mean 2.50 on a 1–5 scale), 8 analysts; mean target USD 44.14 (low 41, high 47).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-06 | Piper Sandler | Target lowered | Overweight | $46 → $45 |
| 2026-10-06 | Raymond James | Downgrade | Strong Buy → Market Perform |  |
| 2026-09-14 | RBC Capital | Reiterated | Sector Perform | $44 |
| 2026-07-23 | RBC Capital | Target raised | Sector Perform | $41 → $44 |
| 2026-07-23 | Keefe, Bruyette & Woods | Downgrade | Outperform → Market Perform | $42 |
| 2026-07-22 | DA Davidson | Maintained | Buy | $41 |
| 2026-06-26 | Piper Sandler | Target raised | Overweight | $40 → $43 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +30.2% | +40.4% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +30.3% | +7.0% |
| Volatility (annualized) | 24.6% | 28.3% |
| Max drawdown | -13.8% (Aug 2026→Oct 2026) | -46.1% (Nov 2022→May 2023) |

## Peers (Banks - Regional)
BBD (Banco Bradesco Sa) USD 4.07 +3.04% · FITB (Fifth Third Bancorp) USD 52.98 -0.47% · DB (Deutsche Bank AG) USD 31.2 -0.89% · TFC (Truist Financial Corporation) USD 48.44 +0.04% · NWG (NatWest Group plc) USD 16.8 -1.12% · NU (Nu Holdings Ltd.) USD 15.16 +2.92%

## More
Full page: https://nexqual.com/WSBC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Community Banking | $262.5M | 98.5% | +3.4% |
| Trust & Investment Services | $8.2M | 3.1% | -8.3% |
| Total revenue | $266.6M | 100% | — |
The lines above cover 101.5% of total revenue.

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Fiduciary & Trust | $9.8M | 3.7% | +1.8% |
| Personal Service Charges | $8.8M | 3.3% | +9.5% |
| Trust Account Fees | $7.6M | 2.9% | -0.8% |
| Commercial Banking Fees | $2.7M | 1.0% | +12.2% |
| Wes Mark Fees | $2.2M | 0.8% | +11.8% |
| Total revenue | $266.6M | 100% | — |
The lines above cover 11.7% of total revenue.

## Company outlook (8-K filed 2026-10-02)

- "Results for the quarter are expected to be released after the market close on Wednesday, October 21, 2026."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | $0.91 | $0.91 | -0.2% | $278.1M | 7 |
| Next quarter (ends 2027-03-31) | $0.90 | $0.91 | -0.6% | $278.5M | 7 |
| Current fiscal year (ends 2026-12-31) | $3.59 | $3.58 | +0.1% | $1.09B | 7 |
| Next fiscal year (ends 2027-12-31) | $3.84 | $3.87 | -0.7% | $1.16B | 8 |

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 30.5% | ±6.8% |
| 2027-02-19 | 119 | 27.2% | ±12.8% |
| 2027-05-21 | 210 | 26.7% | ±16.2% |