Wesbanco director Knox D Bruce buys $200k in shares

Director of Wesbanco INC (NASDAQ:WSBC), Knox D Bruce, reported purchasing 8,000 depositary shares in the company at a price of $25.00 on September 17, 2025. The total value of the purchase amounted to $200,000. The purchase comes as the stock trades near its Fair Value according to InvestingPro analysis. Wesbanco boasts a strong dividend profile, having maintained payments for 49 consecutive years with a current yield of 4.75%. While 5 analysts have recently revised earnings expectations downward, the company is expected to remain profitable this year. For deeper insights into WSBC’s financial health and growth prospects, access the comprehensive Pro Research Report, available exclusively on InvestingPro.

In other recent news, WesBanco Inc. reported its second-quarter 2025 earnings, which revealed a significant shortfall in earnings per share (EPS) compared to market expectations. The company posted an EPS of $0.57, falling short of the anticipated $0.85, marking a 32.94% negative surprise. However, WesBanco slightly exceeded revenue forecasts, reporting $260.73 million against the expected $259.85 million. Additionally, WesBanco’s Board of Directors declared a quarterly cash dividend of $0.37 per share, translating to an annualized rate of $1.48 per common share. The dividend is set to be paid on October 1, 2025, to shareholders of record as of September 5, 2025. In leadership changes, WesBanco appointed Richard Laws as Senior Executive Vice President and Chief Legal Counsel, effective August 18, 2025. Laws, with over 25 years of legal experience, will oversee the company’s legal strategy and operations. These developments highlight recent significant activities within WesBanco.

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