WesBanco (NASDAQ:WSBC) Receives Market Perform Rating from Keefe, Bruyette & Woods

Keefe, Bruyette & Woods reaffirmed their market perform rating on shares of WesBanco (NASDAQ:WSBC) in a research note published on Thursday morning, MarketBeat.com reports. They currently have a $42.00 price target on the financial services provider’s stock.

WSBC has been the subject of a number of other research reports. DA Davidson reiterated a “buy” rating and issued a $41.00 price objective on shares of WesBanco in a research report on Wednesday. Weiss Ratings upgraded WesBanco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. Piper Sandler raised their target price on WesBanco from $40.00 to $43.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Finally, Zacks Research upgraded shares of WesBanco from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $43.20.

WesBanco Stock Down 2.0%

NASDAQ WSBC opened at $40.08 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.91 and a current ratio of 0.94. The firm has a 50-day simple moving average of $37.02 and a 200 day simple moving average of $35.65. WesBanco has a twelve month low of $29.18 and a twelve month high of $41.27. The stock has a market cap of $3.85 billion, a PE ratio of 11.65 and a beta of 0.67.

WesBanco (NASDAQ:WSBC) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.07. WesBanco had a return on equity of 9.72% and a net margin of 23.35%.The firm had revenue of $275.79 million for the quarter, compared to analyst estimates of $267.71 million. On average, research analysts forecast that WesBanco will post 3.59 EPS for the current year.

WesBanco declared that its board has initiated a stock repurchase program on Wednesday, May 20th that authorizes the company to buyback 4,000,000 shares. This buyback authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

WesBanco Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, June 5th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Friday, June 5th. WesBanco’s dividend payout ratio is 49.03%.

Insiders Place Their Bets

In other WesBanco news, EVP Jan Pattishall-Krupinski sold 4,500 shares of WesBanco stock in a transaction 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 completion of the transaction, the executive vice president directly owned 35,924 shares of the company’s stock, valued at approximately $1,318,770.04. This trade represents a 11.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joseph R. Robinson bought 1,000 shares of WesBanco stock in a transaction dated Monday, April 27th. The stock was purchased at an average price of $34.54 per share, for a total transaction of $34,540.00. Following the purchase, the director directly owned 19,068 shares in the company, valued at $658,608.72. This represents a 5.53% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.07% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On WesBanco

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Covestor Ltd increased its holdings in shares of 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. Hilton Head Capital Partners LLC acquired a new position in shares of WesBanco in the 4th quarter worth approximately $29,000. GAMMA Investing LLC grew its position in WesBanco by 41.1% during the 4th quarter. GAMMA Investing LLC now owns 1,113 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 324 shares during the last quarter. First Horizon Corp grew its position in WesBanco by 55.4% during the 4th quarter. First Horizon Corp now owns 1,302 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 464 shares during the last quarter. Finally, Federated Hermes Inc. increased its holdings in WesBanco by 71.9% during the 2nd quarter. Federated Hermes Inc. now owns 1,435 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 600 shares in the last quarter. 61.41% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting WesBanco

Here are the key news stories impacting WesBanco this week:

• Positive Sentiment: WesBanco reported Q2 2026 results that topped expectations, with earnings and revenue both coming in ahead of analyst estimates, reinforcing the view that core banking operations remain healthy. WesBanco exceeds Q2 CY2026 expectations
• Positive Sentiment: Management outlined mid-single-digit loan growth for 2026, helped by a $2.3 billion pipeline, which suggests continuing business momentum and a constructive outlook for future lending activity. WesBanco outlines mid-single-digit 2026 loan growth as pipeline reaches $2.3B
• Positive Sentiment: Analysts at DA Davidson reaffirmed a Buy rating and Keefe, Bruyette & Woods reiterated Market Perform with price targets of $41 and $42, respectively, implying modest upside from current levels. Analyst rating updates
• Neutral Sentiment: WesBanco also highlighted its quarterly earnings-call presentation and transcript, which typically reflect management’s commentary on execution and the outlook, but do not by themselves change the investment case. WesBanco 2026 Q2 results presentation
• Neutral Sentiment: The company was included in Time’s Best Companies 2026 list, a reputational positive, though likely a secondary driver for the stock. WesBanco included in Time’s Best Companies 2026 list

About WesBanco

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.