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 in two segments, Community Banking, and Trust and Investment Services. It accepts interest and non-interest-bearing demand, money market, and savings deposit accounts, as well as certificates of deposit; and offers land and construction, improved property, commercial and industrial, residential real estate mortgage, and consumer loans, as well as home equity lines of credit and overdrafts. The company also provides mutual funds and annuities; and property, casualty, life, and title insurance services, as well as holds commercial real estate properties and investment securities. In addition, it offers letters of credit and international wire services, as well as operates as an investment adviser to a family of mutual funds. The company operates through branches and ATM machines in West Virginia, Ohio, western Pennsylvania, Kentucky, southern Indiana, and Maryland. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.
Strategic Expansion | Explore WesBanco's acquisition of Premier Financial, extending its reach into Northern Ohio and potentially boosting operational efficiency and market penetration. |
Financial Resilience | Delve into WesBanco's robust performance, featuring strong loan growth, margin expansion, and stable asset quality, despite economic uncertainties. |
Growth Trajectory | Learn about WesBanco's optimistic outlook on loan and deposit growth, supported by its expanded market presence and strategic positioning. |
Market Valuation | Analysts set a $35 price target for WesBanco, reflecting its potential for earnings accretion and balanced fundamentals in a competitive banking landscape. |
Metrics to compare | WSBC | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipWSBCPeersSector | |
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P/E Ratio | 22.6x | −47.5x | 9.5x | |
PEG Ratio | −1.00 | 0.43 | 0.03 | |
Price/Book | 0.8x | 0.8x | 1.0x | |
Price / LTM Sales | 4.1x | 5.4x | 2.8x | |
Upside (Analyst Target) | 28.8% | 26.4% | 14.3% | |
Fair Value Upside | Unlock | 4.2% | 2.3% | Unlock |