DA Davidson Forecasts WesBanco's Q2 Earnings (NASDAQ:WSBC)

WesBanco, Inc. (NASDAQ:WSBC - Free Report) - Research analysts at DA Davidson issued their Q2 2025 EPS estimates for shares of WesBanco in a research note issued on Friday, May 2nd. DA Davidson analyst M. Navas expects that the financial services provider will post earnings of $0.87 per share for the quarter. DA Davidson currently has a "Buy" rating and a $45.00 price target on the stock. The consensus estimate for WesBanco's current full-year earnings is $3.24 per share. DA Davidson also issued estimates for WesBanco's FY2026 earnings at $4.05 EPS.

A number of other research analysts also recently commented on WSBC. Piper Sandler assumed coverage on WesBanco in a research report on Thursday, April 3rd. They set an "overweight" rating and a $37.00 target price for the company. Keefe, Bruyette & Woods decreased their target price on shares of WesBanco from $43.00 to $40.00 and set an "outperform" rating on the stock in a research report on Monday. StockNews.com upgraded WesBanco from a "sell" rating to a "hold" rating in a research report on Tuesday, February 4th. Raymond James decreased their price objective on WesBanco from $44.00 to $38.00 and set a "strong-buy" rating on the stock in a research report on Wednesday, April 2nd. Finally, Stephens reiterated an "equal weight" rating and issued a $39.00 target price on shares of WesBanco in a report on Thursday, January 23rd. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, WesBanco presently has an average rating of "Moderate Buy" and a consensus target price of $38.71.

WesBanco Price Performance

WesBanco stock traded up $0.13 during midday trading on Monday, reaching $30.27. 534,026 shares of the stock traded hands, compared to its average volume of 428,900. The stock has a market cap of $2.03 billion, a P/E ratio of 13.51 and a beta of 0.81. The stock's fifty day moving average is $30.29 and its 200-day moving average is $32.74. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.55. WesBanco has a 12 month low of $25.56 and a 12 month high of $37.36.

WesBanco (NASDAQ:WSBC - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $0.66 EPS for the quarter, topping the consensus estimate of $0.60 by $0.06. The business had revenue of $253.23 million for the quarter, compared to analysts' expectations of $206.63 million. WesBanco had a net margin of 15.89% and a return on equity of 6.30%. During the same quarter in the previous year, the company earned $0.56 EPS.

Institutional Trading of WesBanco

Institutional investors and hedge funds have recently made changes to their positions in the business. Barclays PLC increased its stake in WesBanco by 151.1% in the 3rd quarter. Barclays PLC now owns 181,325 shares of the financial services provider's stock worth $5,399,000 after buying an additional 109,104 shares during the period. Franklin Resources Inc. purchased a new position in shares of WesBanco during the third quarter worth approximately $1,148,000. JPMorgan Chase & Co. raised its stake in shares of WesBanco by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 232,568 shares of the financial services provider's stock valued at $6,926,000 after acquiring an additional 34,008 shares in the last quarter. Hilltop National Bank boosted its holdings in shares of WesBanco by 19.6% in the fourth quarter. Hilltop National Bank now owns 2,518 shares of the financial services provider's stock valued at $82,000 after purchasing an additional 413 shares during the period. Finally, Moody National Bank Trust Division grew its stake in WesBanco by 33.0% in the fourth quarter. Moody National Bank Trust Division now owns 29,872 shares of the financial services provider's stock worth $972,000 after purchasing an additional 7,405 shares in the last quarter. 61.41% of the stock is currently owned by institutional investors.

WesBanco Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 10th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 4.89%. The ex-dividend date was Monday, March 10th. WesBanco's dividend payout ratio (DPR) is presently 96.73%.

About WesBanco

WesBanco, Inc operates as the bank holding company for WesBanco Bank, Inc that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services.