WesBanco (NASDAQ:WSBC – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at DA Davidson in a research note issued on Wednesday,Benzinga reports. They presently have a $41.00 price target on the financial services provider’s stock. DA Davidson’s target price would indicate a potential upside of 1.79% from the company’s current price.
WSBC has been the topic of several other reports. Piper Sandler lifted their target price on shares of WesBanco from $40.00 to $43.00 and gave the stock an “overweight” rating in a research note on Friday, June 26th. Weiss Ratings raised shares of WesBanco from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 6th. Finally, Zacks Research raised shares of WesBanco from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $40.25.
Read Our Latest Report on WesBanco
WesBanco Trading Down 0.3%
WesBanco (NASDAQ:WSBC – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.07. The firm had revenue of $275.79 million during the quarter, compared to the consensus estimate of $267.71 million. WesBanco had a return on equity of 9.76% and a net margin of 21.12%. Sell-side analysts expect that WesBanco will post 3.59 earnings per share for the current year.
WesBanco declared that its board has authorized a share repurchase program on Wednesday, May 20th that permits the company to buyback 4,000,000 outstanding shares. This buyback authorization permits the financial services provider to buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its shares are undervalued.
Insider Transactions at WesBanco
In related news, EVP Jan Pattishall-Krupinski sold 4,500 shares of WesBanco stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $36.71, for a total transaction of $165,195.00. Following the sale, the executive vice president directly owned 35,924 shares in the company, valued at $1,318,770.04. The trade was a 11.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Joseph R. Robinson purchased 1,000 shares of WesBanco stock in a transaction that occurred on Monday, April 27th. The stock was purchased at an average cost of $34.54 per share, for a total transaction of $34,540.00. Following the completion of the purchase, the director owned 19,068 shares of the company’s stock, valued at $658,608.72. This trade represents a 5.53% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 7,000 shares of company stock worth $236,500 over the last 90 days. 2.07% of the stock is currently owned by insiders.
Hedge Funds Weigh In On WesBanco
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of WesBanco by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 9,819,476 shares of the financial services provider’s stock valued at $326,399,000 after buying an additional 224,107 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of WesBanco by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,451,344 shares of the financial services provider’s stock worth $188,013,000 after acquiring an additional 59,077 shares in the last quarter. State Street Corp lifted its position in WesBanco by 0.4% during the 2nd quarter. State Street Corp now owns 3,663,315 shares of the financial services provider’s stock valued at $117,109,000 after acquiring an additional 14,147 shares during the period. Wellington Management Group LLP lifted its position in WesBanco by 13.7% during the 4th quarter. Wellington Management Group LLP now owns 2,764,222 shares of the financial services provider’s stock valued at $91,883,000 after acquiring an additional 332,585 shares during the period. Finally, Geode Capital Management LLC boosted its stake in WesBanco by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 2,356,011 shares of the financial services provider’s stock worth $78,325,000 after acquiring an additional 15,673 shares in the last quarter. Hedge funds and other institutional investors own 61.41% of the company’s stock.
Key WesBanco News
Here are the key news stories impacting WesBanco this week:
- Positive Sentiment: WesBanco reported second-quarter EPS of $0.92, topping analyst estimates of about $0.85-$0.86, while revenue of $275.79 million also exceeded expectations. WesBanco Announces Second Quarter 2026 Financial Results
- Positive Sentiment: Management said the quarter featured strong annualized loan growth, a top-tier efficiency ratio, and accelerating growth in targeted expansion markets, which could support future earnings momentum. WesBanco Announces Second Quarter 2026 Financial Results
- Neutral Sentiment: Coverage notes from market outlets and earnings snapshots largely reinforce the same message: WesBanco exceeded Q2 CY2026 expectations, with year-over-year EPS roughly steady versus last year’s $0.91. WesBanco Q2 Earnings and Revenues Beat Estimates
- Neutral Sentiment: WesBanco was also included in Time’s Best Companies 2026 list, a reputational positive that is unlikely to affect near-term trading as much as the earnings report. WesBanco Included in Time’s Best Companies 2026 List
- Neutral Sentiment: Valuation-focused commentary suggested the stock may still have upside versus some estimates, but this appears secondary to the immediate catalyst from the earnings beat. WesBanco Nears Earnings, Is It Still 23% Undervalued?
WesBanco Company Profile
WesBanco, Inc is a bank holding company headquartered in Wheeling, West Virginia, offering a full range of community banking services through its principal subsidiary, WesBanco Bank, Inc The company serves individual consumers, small‐ to mid‐sized businesses, nonprofit organizations and governmental entities with a relationship‐driven approach and an emphasis on local decision‐making. Through its diversified platform, WesBanco provides core banking functions such as deposit accounts, commercial and consumer lending, mortgage banking, treasury management and electronic banking services.
In addition to traditional banking products, WesBanco offers specialized services including trust and wealth management, investment advisory and insurance solutions.
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