WSBC

WesBancoNasdaqGS:WSBC Stock Report

Market Cap

US$2.0b

7D

-0.2%

1Y

39.4%

Updated

18 Sep, 2021

Data

Company Financials +
WSBC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends6/6

WSBC Overview

WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc.

Share Price & News

How has WesBanco's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WSBC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: WSBC's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.2%

WSBC

0.9%

US Banks

-0.6%

US Market


1 Year Return

39.4%

WSBC

63.3%

US Banks

33.8%

US Market

Return vs Industry: WSBC underperformed the US Banks industry which returned 63.3% over the past year.

Return vs Market: WSBC exceeded the US Market which returned 33.8% over the past year.


Shareholder returns

WSBCIndustryMarket
7 Day-0.2%0.9%-0.6%
30 Day-6.3%1.3%2.0%
90 Day-10.3%4.6%4.7%
1 Year44.9%39.4%67.7%63.3%35.8%33.8%
3 Year-23.5%-32.3%21.9%11.4%60.0%50.1%
5 Year12.6%-5.2%94.7%70.1%123.0%98.7%

Long-Term Price Volatility Vs. Market

How volatile is WesBanco's share price compared to the market and industry in the last 5 years?


Simply Wall St News

WesBanco Fundamentals Summary

How do WesBanco's earnings and revenue compare to its market cap?
WSBC fundamental statistics
Market CapUS$2.04b
Earnings (TTM)US$230.16m
Revenue (TTM)US$642.18m

8.9x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WSBC income statement (TTM)
RevenueUS$642.18m
Cost of RevenueUS$0
Gross ProfitUS$642.18m
ExpensesUS$412.02m
EarningsUS$230.16m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.43
Gross Margin100.00%
Net Profit Margin35.84%
Debt/Equity Ratio24.2%

How did WSBC perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

38%

Payout Ratio

Valuation

Is WesBanco undervalued compared to its fair value and its price relative to the market?

37.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WSBC ($31.25) is trading below our estimate of fair value ($49.89)

Significantly Below Fair Value: WSBC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: WSBC is good value based on its PE Ratio (8.9x) compared to the US Banks industry average (10.8x).

PE vs Market: WSBC is good value based on its PE Ratio (8.9x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: WSBC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: WSBC is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (1.1x).


Future Growth

How is WesBanco forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

-18.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WSBC's earnings are forecast to decline over the next 3 years (-18.8% per year).

Earnings vs Market: WSBC's earnings are forecast to decline over the next 3 years (-18.8% per year).

High Growth Earnings: WSBC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: WSBC's revenue is expected to decline over the next 3 years (-1.2% per year).

High Growth Revenue: WSBC's revenue is forecast to decline over the next 3 years (-1.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WSBC's Return on Equity is forecast to be low in 3 years time (6.1%).


Past Performance

How has WesBanco performed over the past 5 years?

13.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WSBC has high quality earnings.

Growing Profit Margin: WSBC's current net profit margins (35.8%) are higher than last year (21.9%).


Past Earnings Growth Analysis

Earnings Trend: WSBC's earnings have grown by 13.9% per year over the past 5 years.

Accelerating Growth: WSBC's earnings growth over the past year (126.5%) exceeds its 5-year average (13.9% per year).

Earnings vs Industry: WSBC earnings growth over the past year (126.5%) exceeded the Banks industry 36%.


Return on Equity

High ROE: WSBC's Return on Equity (8.6%) is considered low.


Financial Health

How is WesBanco's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: WSBC's Assets to Equity ratio (6.1x) is low.

Allowance for Bad Loans: WSBC has a sufficient allowance for bad loans (335%).

Low Risk Liabilities: 94% of WSBC's liabilities are made up of primarily low risk sources of funding.

Loan Level: WSBC has an appropriate level of Loans to Assets ratio (60%).

Low Risk Deposits: WSBC's Loans to Deposits ratio (77%) is appropriate.

Level of Bad Loans: WSBC has an appropriate level of bad loans (0.4%).


Dividend

What is WesBanco current dividend yield, its reliability and sustainability?

4.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WSBC's dividend (4.22%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: WSBC's dividend (4.22%) is in the top 25% of dividend payers in the US market (3.6%)


Stability and Growth of Payments

Stable Dividend: WSBC's dividends per share have been stable in the past 10 years.

Growing Dividend: WSBC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.9%), WSBC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: WSBC's dividends in 3 years are forecast to be covered by earnings (53.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure


CEO

Todd Clossin (59 yo)

7.42yrs

Tenure

US$2,183,326

Compensation

Mr. Todd F. Clossin has been the Chief Executive Officer and President of WesBanco Inc., and its subsidiary Wesbanco Bank, Inc. since April 30, 2014. Mr. Clossin served as the Chief Operating Officer, Exec...


CEO Compensation Analysis

Compensation vs Market: Todd's total compensation ($USD2.18M) is below average for companies of similar size in the US market ($USD3.69M).

Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: WSBC's management team is seasoned and experienced (6.5 years average tenure).


Board Members

Experienced Board: WSBC's board of directors are considered experienced (6.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

WesBanco, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: WesBanco, Inc.
  • Ticker: WSBC
  • Exchange: NasdaqGS
  • Founded: 1870
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$2.044b
  • Shares outstanding: 65.40m
  • Website: https://www.wesbanco.com

Number of Employees


Location

  • WesBanco, Inc.
  • 1 Bank Plaza
  • Wheeling
  • West Virginia
  • 26003
  • United States

Listings


Biography

WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance serv...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:03
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.