WesBanco (WSBC) to Release Quarterly Earnings on Tuesday

WesBanco (NASDAQ:WSBC) is expected to announce its Q1 2025 earnings results after the market closes on Tuesday, April 29th. Analysts expect WesBanco to post earnings of $0.58 per share and revenue of $206.63 million for the quarter.

WesBanco Price Performance

Shares of NASDAQ:WSBC opened at $29.55 on Monday. The stock has a market cap of $1.98 billion, a PE ratio of 13.19 and a beta of 0.76. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.55. The company’s fifty day moving average is $31.05 and its 200 day moving average is $32.79. WesBanco has a 52 week low of $25.56 and a 52 week high of $37.36.

WesBanco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 10th were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date was Monday, March 10th. WesBanco’s dividend payout ratio (DPR) is presently 66.07%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on WSBC shares. Stephens restated an “equal weight” rating and set a $39.00 price target on shares of WesBanco in a research note on Thursday, January 23rd. Piper Sandler initiated coverage on shares of WesBanco in a research report on Thursday, April 3rd. They set an “overweight” rating and a $37.00 target price for the company. DA Davidson increased their price target on shares of WesBanco from $44.00 to $45.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Keefe, Bruyette & Woods raised shares of WesBanco from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $40.00 to $44.00 in a research report on Monday, February 10th. Finally, StockNews.com raised WesBanco from a “sell” rating to a “hold” rating in a report on Tuesday, February 4th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $39.43.

WesBanco Company Profile

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.