What is DA Davidson’s Estimate for WesBanco FY2025 Earnings?

WesBanco, Inc. (NASDAQ:WSBC) – Investment analysts at DA Davidson lowered their FY2025 EPS estimates for WesBanco in a research note issued on Tuesday, July 1st. DA Davidson analyst M. Navas now forecasts that the financial services provider will post earnings per share of $3.48 for the year, down from their prior forecast of $3.50. The consensus estimate for WesBanco’s current full-year earnings is $3.24 per share. DA Davidson also issued estimates for WesBanco’s FY2026 earnings at $4.00 EPS.

WesBanco (NASDAQ:WSBC) last announced its earnings results on Tuesday, April 29th. The financial services provider reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.06. WesBanco had a net margin of 10.52% and a return on equity of 6.07%. The business had revenue of $253.23 million during the quarter, compared to the consensus estimate of $206.63 million. During the same quarter last year, the firm earned $0.56 earnings per share.

Several other research firms also recently weighed in on WSBC. Piper Sandler assumed coverage on shares of WesBanco in a research note on Thursday, April 3rd. They issued an “overweight” rating and a $37.00 price target for the company. Raymond James Financial decreased their price target on shares of WesBanco from $44.00 to $38.00 and set a “strong-buy” rating for the company in a research note on Wednesday, April 2nd. Royal Bank Of Canada decreased their price target on shares of WesBanco from $36.00 to $34.00 and set a “sector perform” rating for the company in a research note on Thursday, May 1st. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of WesBanco from $43.00 to $40.00 and set an “outperform” rating for the company in a report on Monday, May 5th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, WesBanco currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.71.

WesBanco Trading Up 1.2%

WSBC opened at $33.69 on Thursday. WesBanco has a 1-year low of $26.42 and a 1-year high of $37.36. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.50. The company has a market cap of $3.22 billion, a P/E ratio of 22.02 and a beta of 0.85. The company has a fifty day moving average price of $31.12 and a two-hundred day moving average price of $31.86.

WesBanco Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Friday, June 6th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend was Friday, June 6th. WesBanco’s dividend payout ratio (DPR) is presently 96.73%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WSBC. Vanguard Group Inc. boosted its holdings in WesBanco by 40.3% during the first quarter. Vanguard Group Inc. now owns 9,413,008 shares of the financial services provider’s stock worth $291,427,000 after purchasing an additional 2,702,469 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in WesBanco by 42.6% in the first quarter. Dimensional Fund Advisors LP now owns 5,793,319 shares of the financial services provider’s stock valued at $179,358,000 after acquiring an additional 1,730,801 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in WesBanco by 179.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,543,243 shares of the financial services provider’s stock valued at $47,779,000 after acquiring an additional 991,584 shares during the last quarter. Nuveen LLC purchased a new position in WesBanco in the first quarter valued at about $22,282,000. Finally, Wellington Management Group LLP boosted its stake in WesBanco by 35.2% in the first quarter. Wellington Management Group LLP now owns 2,456,454 shares of the financial services provider’s stock valued at $76,052,000 after acquiring an additional 640,003 shares during the last quarter. 61.41% of the stock is currently owned by hedge funds and other institutional investors.

WesBanco Company Profile

WesBanco, Inc operates as the bank holding company for WesBanco Bank, Inc that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services.