WesBanco (WSBC) to Release Earnings on Tuesday

WesBanco (NASDAQ:WSBC - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Tuesday, July 29th. Analysts expect WesBanco to post earnings of $0.88 per share and revenue of $261.14 million for the quarter.

WesBanco (NASDAQ:WSBC - Get Free Report) last posted its earnings results on Tuesday, April 29th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.06. The company had revenue of $253.23 million during the quarter, compared to analysts' expectations of $206.63 million. WesBanco had a net margin of 10.52% and a return on equity of 6.07%. During the same quarter last year, the company posted $0.56 EPS. On average, analysts expect WesBanco to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

WesBanco Stock Performance

Shares of NASDAQ WSBC traded down $0.04 during mid-day trading on Friday, reaching $31.94. 553,462 shares of the company were exchanged, compared to its average volume of 642,046. The company's 50-day simple moving average is $31.67 and its 200-day simple moving average is $31.87. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $3.06 billion, a P/E ratio of 20.88 and a beta of 0.85. WesBanco has a twelve month low of $26.42 and a twelve month high of $37.36.

WesBanco Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Friday, June 6th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date of this dividend was Friday, June 6th. WesBanco's dividend payout ratio is presently 96.73%.

Analyst Upgrades and Downgrades

WSBC has been the subject of several analyst reports. Royal Bank Of Canada dropped their price objective on shares of WesBanco from $36.00 to $34.00 and set a "sector perform" rating for the company in a research note on Thursday, May 1st. Raymond James Financial dropped their price objective on shares of WesBanco from $44.00 to $38.00 and set a "strong-buy" rating for the company in a research note on Wednesday, April 2nd. Piper Sandler initiated coverage on shares of WesBanco in a research note on Thursday, April 3rd. They issued an "overweight" rating and a $37.00 price objective for the company. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of WesBanco from $43.00 to $40.00 and set an "outperform" rating for the company in a research note on Monday, May 5th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, WesBanco presently has an average rating of "Moderate Buy" and an average price target of $38.71.

Hedge Funds Weigh In On WesBanco

Several hedge funds and other institutional investors have recently made changes to their positions in WSBC. Goldman Sachs Group Inc. raised its position in shares of WesBanco by 179.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,543,243 shares of the financial services provider's stock valued at $47,779,000 after buying an additional 991,584 shares in the last quarter. Jane Street Group LLC raised its position in shares of WesBanco by 867.9% in the 1st quarter. Jane Street Group LLC now owns 133,430 shares of the financial services provider's stock valued at $4,131,000 after buying an additional 119,645 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of WesBanco by 60.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 216,545 shares of the financial services provider's stock valued at $6,704,000 after buying an additional 81,319 shares in the last quarter. Royal Bank of Canada raised its position in shares of WesBanco by 52.2% in the 1st quarter. Royal Bank of Canada now owns 59,983 shares of the financial services provider's stock valued at $1,858,000 after buying an additional 20,585 shares in the last quarter. Finally, Intech Investment Management LLC raised its position in shares of WesBanco by 65.6% in the 1st quarter. Intech Investment Management LLC now owns 50,965 shares of the financial services provider's stock valued at $1,578,000 after buying an additional 20,190 shares in the last quarter. 61.41% of the stock is currently owned by institutional investors and hedge funds.

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.