DA Davidson Reiterates Buy Rating for WesBanco (NASDAQ:WSBC)

WesBanco (NASDAQ:WSBC)‘s stock had its “buy” rating reiterated by stock analysts at DA Davidson in a research report issued on Wednesday,Benzinga reports. They presently have a $41.00 price objective on the financial services provider’s stock. DA Davidson’s target price would suggest a potential upside of 2.30% from the stock’s previous close.

A number of other equities analysts also recently commented on WSBC. Piper Sandler upped their target price on WesBanco from $40.00 to $43.00 and gave the company an “overweight” rating in a report on Friday, June 26th. Zacks Research upgraded shares of WesBanco from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Finally, Weiss Ratings raised shares of WesBanco from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $43.20.

WesBanco Trading Down 2.0%

WSBC opened at $40.08 on Wednesday. The business has a 50 day simple moving average of $37.02 and a two-hundred day simple moving average of $35.65. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of 11.65 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.94 and a quick ratio of 0.91. WesBanco has a one year low of $29.18 and a one year high of $41.27.

WesBanco (NASDAQ:WSBC) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.07. The business had revenue of $275.79 million during the quarter, compared to analysts’ expectations of $267.71 million. WesBanco had a return on equity of 9.72% and a net margin of 23.35%. Analysts predict that WesBanco will post 3.59 EPS for the current year.

WesBanco announced that its Board of Directors has authorized a stock buyback program on Wednesday, May 20th that permits the company to repurchase 4,000,000 outstanding shares. This repurchase authorization permits the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In related news, EVP Jan Pattishall-Krupinski sold 4,500 shares of the stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $36.71, for a total value of $165,195.00. Following the completion of the transaction, the executive vice president directly owned 35,924 shares in the company, valued at $1,318,770.04. This trade represents a 11.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph R. Robinson purchased 1,000 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were acquired at an average cost of $34.54 per share, with a total value of $34,540.00. Following the completion of the transaction, the director owned 19,068 shares in the company, valued at $658,608.72. This trade represents a 5.53% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 2.07% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On WesBanco

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in shares of WesBanco by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 9,819,476 shares of the financial services provider’s stock worth $326,399,000 after buying an additional 224,107 shares in the last quarter. Wesbanco Bank Inc. grew its holdings in shares of WesBanco by 5.5% during the fourth quarter. Wesbanco Bank Inc. now owns 1,570,275 shares of the financial services provider’s stock valued at $52,196,000 after buying an additional 81,974 shares during the last quarter. Hsbc Holdings PLC bought a new stake in shares of WesBanco during the fourth quarter valued at approximately $1,492,000. Gator Capital Management LLC bought a new stake in shares of WesBanco during the fourth quarter valued at approximately $1,462,000. Finally, Aristotle Capital Boston LLC purchased a new position in WesBanco in the 4th quarter worth approximately $11,279,000. Hedge funds and other institutional investors own 61.41% of the company’s stock.

WesBanco News Roundup

Here are the key news stories impacting WesBanco this week:

• Positive Sentiment: WesBanco reported Q2 2026 results that topped expectations, with earnings and revenue both coming in ahead of analyst estimates, reinforcing the view that core banking operations remain healthy. WesBanco exceeds Q2 CY2026 expectations
• Positive Sentiment: Management outlined mid-single-digit loan growth for 2026, helped by a $2.3 billion pipeline, which suggests continuing business momentum and a constructive outlook for future lending activity. WesBanco outlines mid-single-digit 2026 loan growth as pipeline reaches $2.3B
• Positive Sentiment: Analysts at DA Davidson reaffirmed a Buy rating and Keefe, Bruyette & Woods reiterated Market Perform with price targets of $41 and $42, respectively, implying modest upside from current levels. Analyst rating updates
• Neutral Sentiment: WesBanco also highlighted its quarterly earnings-call presentation and transcript, which typically reflect management’s commentary on execution and the outlook, but do not by themselves change the investment case. WesBanco 2026 Q2 results presentation
• Neutral Sentiment: The company was included in Time’s Best Companies 2026 list, a reputational positive, though likely a secondary driver for the stock. WesBanco included in Time’s Best Companies 2026 list

WesBanco Company Profile

WesBanco, Inc is a bank holding company headquartered in Wheeling, West Virginia, offering a full range of community banking services through its principal subsidiary, WesBanco Bank, Inc The company serves individual consumers, small‐ to mid‐sized businesses, nonprofit organizations and governmental entities with a relationship‐driven approach and an emphasis on local decision‐making. Through its diversified platform, WesBanco provides core banking functions such as deposit accounts, commercial and consumer lending, mortgage banking, treasury management and electronic banking services.

In addition to traditional banking products, WesBanco offers specialized services including trust and wealth management, investment advisory and insurance solutions.