WesBanco (NASDAQ:WSBC) Given “Buy” Rating at DA Davidson

DA Davidson reissued their buy rating on shares of WesBanco (NASDAQ:WSBC) in a research report sent to investors on Wednesday,Benzinga reports. They currently have a $41.00 price target on the financial services provider’s stock.

WSBC has been the topic of several other reports. Raymond James Financial restated a “strong-buy” rating and issued a $41.00 target price on shares of WesBanco in a research note on Thursday, March 12th. Weiss Ratings upgraded WesBanco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, WesBanco currently has a consensus rating of “Buy” and an average target price of $40.00.

WesBanco Stock Performance

Shares of WesBanco stock opened at $33.10 on Wednesday. The business’s fifty day simple moving average is $34.92 and its 200 day simple moving average is $33.85. The firm has a market capitalization of $3.18 billion, a P/E ratio of 10.68 and a beta of 0.74. WesBanco has a 12 month low of $28.74 and a 12 month high of $38.10. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.40.

WesBanco (NASDAQ:WSBC) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.05. The firm had revenue of $257.23 million for the quarter, compared to analyst estimates of $264.52 million. WesBanco had a return on equity of 9.83% and a net margin of 21.12%.The business’s revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.66 earnings per share. As a group, analysts anticipate that WesBanco will post 3.73 EPS for the current year.

WesBanco Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Friday, March 6th were given a $0.38 dividend. The ex-dividend date was Friday, March 6th. This represents a $1.52 annualized dividend and a dividend yield of 4.6%. WesBanco’s payout ratio is 73.43%.

Hedge Funds Weigh In On WesBanco

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Covestor Ltd grew its position in WesBanco by 12,500.0% during the fourth quarter. Covestor Ltd now owns 756 shares of the financial services provider’s stock worth $25,000 after buying an additional 750 shares in the last quarter. Smartleaf Asset Management LLC grew its position in WesBanco by 255.1% during the third quarter. Smartleaf Asset Management LLC now owns 799 shares of the financial services provider’s stock worth $26,000 after buying an additional 574 shares in the last quarter. First Horizon Corp purchased a new position in WesBanco during the third quarter worth about $27,000. Hilton Head Capital Partners LLC purchased a new position in WesBanco during the fourth quarter worth about $29,000. Finally, True Wealth Design LLC grew its position in WesBanco by 77.9% during the third quarter. True Wealth Design LLC now owns 877 shares of the financial services provider’s stock worth $28,000 after buying an additional 384 shares in the last quarter. 61.41% of the stock is currently owned by hedge funds and other institutional investors.

More WesBanco News

Here are the key news stories impacting WesBanco this week:

• Positive Sentiment: Q1 EPS beat — WesBanco reported $0.91 EPS vs. $0.86 consensus (up from $0.66 a year ago), showing profit strength that supported the stock initially. WesBanco (WSBC) Q1 Earnings Surpass Estimates
• Positive Sentiment: Net interest margin and organic growth — Management highlighted a 22 bps year-over-year improvement in NIM and continued organic expansion (including entry into South Florida), which support longer-term earnings power. WesBanco Announces First Quarter 2026 Financial Results
• Positive Sentiment: Analyst support — DA Davidson reaffirmed a “buy” rating and set a $41 price target (~24% above current levels), giving the shares analyst-driven upside if company fundamentals hold. Benzinga
• Neutral Sentiment: Official filings and materials posted — The company’s press release, slide deck and conference call transcripts are available for deeper review of line-item details and management commentary (useful for modeling but not immediate catalysts). View Press Release / Slide Deck
• Negative Sentiment: Revenue missed estimates — Q1 revenue came in at $257.23M vs. consensus ~$264.5M and was down ~3.1% year-over-year, signaling pressure on top-line growth despite cost/margin gains. WesBanco (NASDAQ:WSBC) Reports Sales Below Analyst Estimates In Q1 CY2026 Earnings
• Negative Sentiment: CRE exposure flagged on the call — The earnings call highlighted elevated commercial real estate risks even as profits rose, raising asset-quality concerns that could pressure the share price if stress emerges. WesBanco Earnings Call Highlights Profit Surge, CRE Risks

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.