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Wesbanco INC (NASDAQ:WSBC), a $3.05 billion regional bank known for its 49-year dividend maintenance streak and current 4.75% yield, saw Director Louis Michael Altman purchase 1,000 Depositary Shares B at $25.00 on September 17, 2025. The total value of the purchase amounted to $25,000. According to InvestingPro analysis, the stock currently trades slightly above its Fair Value, with 6 additional exclusive ProTips available for subscribers seeking deeper insights into insider trading patterns and dividend sustainability.
In other recent news, WesBanco reported its second-quarter 2025 earnings, which showed a notable miss in earnings per share (EPS). The company posted an EPS of $0.57, significantly below the expected $0.85, representing a negative surprise of 32.94%. However, WesBanco slightly exceeded revenue forecasts, reporting $260.73 million against an anticipated $259.85 million. Additionally, the company declared a quarterly cash dividend of $0.37 per share, with an annualized rate of $1.48 per common share, payable on October 1, 2025. In executive news, WesBanco appointed Richard Laws as Senior Executive Vice President and Chief Legal Counsel, effective August 18, 2025. Laws, who has over 25 years of legal experience, will lead the company’s legal function and report to President and CEO Jeff Jackson. These developments highlight the company’s recent strategic and financial activities.
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