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Robert H. Friend, Executive Vice President and Chief Compliance Officer of Wesbanco INC (NASDAQ:WSBC), recently purchased 800 depositary shares in a transaction dated September 17, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The regional bank, with a market capitalization of $3.04 billion, currently trades at $31.70 per share. According to InvestingPro analysis, the stock is fairly valued based on its comprehensive Fair Value model.
The shares were acquired at a price of $25.00, totaling $20,000. The company maintains a robust 4.75% dividend yield and has raised its dividend for 14 consecutive years, demonstrating strong shareholder returns. Discover more insights about WSBC and access the detailed Pro Research Report, along with 7 additional exclusive ProTips, on InvestingPro.
In other recent news, WesBanco Inc. reported its second-quarter 2025 earnings, revealing a notable shortfall in its earnings per share (EPS) compared to market predictions. The company posted an EPS of $0.57, which was significantly lower than the expected $0.85, representing a 32.94% negative surprise. Despite this earnings miss, WesBanco slightly surpassed revenue expectations, reporting $260.73 million against a forecast of $259.85 million. Additionally, the company announced the appointment of Richard Laws as Senior Executive Vice President and Chief Legal Counsel, effective August 18, 2025. Laws brings over 25 years of legal experience and will lead WesBanco’s legal strategies and operations. Furthermore, WesBanco declared a quarterly cash dividend of $0.37 per share, payable on October 1, 2025, to shareholders of record on September 5, 2025. This dividend corresponds to an annualized cash dividend rate of $1.48 per common share. These developments reflect the company’s ongoing strategic and financial activities.
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