| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 6/6 |
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
| WSBC | Industry | Market | |
|---|---|---|---|
| 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 Year | 44.9%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 Year | 12.6%-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
2 weeks ago | Simply Wall St
Is It Smart To Buy WesBanco, Inc. (NASDAQ:WSBC) Before It Goes Ex-Dividend?1 month ago | Simply Wall St
Who Has Been Selling WesBanco, Inc. (NASDAQ:WSBC) Shares?2 months ago | Simply Wall St
Could The WesBanco, Inc. (NASDAQ:WSBC) Ownership Structure Tell Us Something Useful?WesBanco Fundamentals Summary
| WSBC fundamental statistics | |
|---|---|
| Market Cap | US$2.04b |
| Earnings (TTM) | US$230.16m |
| Revenue (TTM) | US$642.18m |
8.9x
P/E Ratio0.8x
P/B RatioIs WSBC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WSBC income statement (TTM) | |
|---|---|
| Revenue | US$642.18m |
| Cost of Revenue | US$0 |
| Gross Profit | US$642.18m |
| Expenses | US$412.02m |
| Earnings | US$230.16m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.43 |
| Gross Margin | 100.00% |
| Net Profit Margin | 35.84% |
| Debt/Equity Ratio | 24.2% |
How did WSBC perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield38%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 22:03 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.