WesBanco (NASDAQ:WSBC) Downgraded by Raymond James Financial to “Market Perform”

Posted by Stanley Muller on Oct 7th, 2026

Raymond James Financial lowered shares of WesBanco (NASDAQ:WSBC – Free Report) from a strong-buy rating to a market perform rating in a report released on Tuesday morning, Marketbeat Ratings reports.

Other equities analysts have also recently issued reports about the company. Wall Street Zen raised WesBanco from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Royal Bank Of Canada reissued a “sector perform” rating and issued a $44.00 target price on shares of WesBanco in a report on Monday, September 14th. Piper Sandler dropped their price target on WesBanco from $46.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday. DA Davidson set a $46.00 price target on WesBanco in a research note on Thursday, July 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of WesBanco in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, WesBanco currently has an average rating of “Hold” and an average target price of $43.60.

Get Our Latest Stock Analysis on WSBC

WesBanco Trading Down 1.7%

Shares of WSBC opened at $37.12 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43. The firm’s 50-day moving average is $40.34 and its two-hundred day moving average is $37.61. WesBanco has a twelve month low of $29.57 and a twelve month high of $43.02. The firm has a market capitalization of $3.56 billion, a P/E ratio of 10.79 and a beta of 0.69.

WesBanco (NASDAQ:WSBC – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.07. The company had revenue of $275.79 million during the quarter, compared to the consensus estimate of $267.71 million. WesBanco had a net margin of 23.35% and a return on equity of 9.72%. On average, research analysts predict that WesBanco will post 3.58 earnings per share for the current fiscal year.

WesBanco Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Friday, September 4th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, September 4th. WesBanco’s payout ratio is currently 44.19%.

Insider Transactions at WesBanco

In other news, EVP Robert H. Friend sold 2,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $42.06, for a total value of $84,120.00. Following the completion of the transaction, the executive vice president directly owned 17,361 shares of the company’s stock, valued at $730,203.66. The trade was a 10.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Denise H. Knouse-Snyder sold 3,070 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $40.89, for a total value of $125,532.30. Following the completion of the sale, the director owned 15,035 shares in the company, valued at $614,781.15. This represents a 16.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 35,195 shares of company stock worth $1,465,800 in the last quarter. Insiders own 2.07% of the company’s stock.

Institutional Trading of WesBanco

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bayview Asset Management LLC grew its stake in WesBanco by 0.4% in the 4th quarter. Bayview Asset Management LLC now owns 80,300 shares of the financial services provider’s stock worth $2,669,000 after acquiring an additional 300 shares during the period. Commonwealth Financial Services LLC raised its holdings in WesBanco by 3.4% in the 1st quarter. Commonwealth Financial Services LLC now owns 10,329 shares of the financial services provider’s stock valued at $356,000 after acquiring an additional 342 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of WesBanco by 0.7% during the 4th quarter. Corient Private Wealth LLC now owns 50,414 shares of the financial services provider’s stock worth $1,677,000 after purchasing an additional 357 shares during the period. D.A. Davidson & CO. lifted its stake in shares of WesBanco by 1.9% during the 1st quarter. D.A. Davidson & CO. now owns 22,489 shares of the financial services provider’s stock worth $776,000 after purchasing an additional 424 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of WesBanco by 36.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,572 shares of the financial services provider’s stock worth $86,000 after purchasing an additional 692 shares during the last quarter. Hedge funds and other institutional investors own 61.41% of the company’s stock.

WesBanco Company Profile

(Get Free Report)

WesBanco, Inc is a financial services holding company headquartered in Wheeling, West Virginia. Through its principal subsidiary, WesBanco Bank, the company provides banking and financial services to consumers, businesses, and organizations.

WesBanco’s offerings include checking and savings accounts, consumer and residential real estate loans, commercial lending, credit cards, online and mobile banking, and other deposit and treasury management services. The company also provides trust, investment management, brokerage, and insurance services through affiliated businesses and financial professionals.

Founded in 1870, WesBanco has developed a regional banking presence serving communities in West Virginia, Ohio, Pennsylvania, Kentucky, and Indiana.