WesBanco Inc

Company Profile

WesBanco Inc had its IPO on 1995-08-18 under the ticker symbol WSBC.

The company operates in the Financial Services sector and Banks-Regional industry. WesBanco Inc has a staff strength of 2,426 employees.

Stock update

Shares of WesBanco Inc opened at $32.35 at the start of the last trading session i.e. 2023-03-19.

The stocks traded within a range of $30.51 - $32.39, and closed at $31.04.

This is a -5.57% slip from the previous day's closing price.

A total volume of 1,600,600 shares were traded at the close of the day’s session.

In the last one week, shares of WesBanco Inc have slipped by -5.16%.

WesBanco Inc's Key Ratios

WesBanco Inc has a market cap of $1.84 billion, indicating a price to book ratio of 1.0101 and a price to sales ratio of 3.6464.

In the last 12-months WesBanco Inc’s revenue was $593.37 million with a gross profit of $593.37 million and an EBITDA of $0. The EBITDA ratio measures WesBanco Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, WesBanco Inc’s operating margin was 43.2% while its return on assets stood at 1.14% with a return of equity of 7.51%.

In Q4, WesBanco Inc’s quarterly earnings growth was a positive 1.9% while revenue growth was a positive 0%.

WesBanco Inc’s PE and PEG Ratio

Forward PE

11.4943

Trailing PE

10.5939

PEG

1.71

Its diluted EPS in the last 12-months stands at $2.93 per share while it has a forward price to earnings multiple of 11.4943 and a PEG multiple of 1.71. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into WesBanco Inc’s profitability.

WesBanco Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.6464.

WesBanco Inc stock pays annual dividends of $1.37 per share, indicating a yield of 4.38% and a payout ratio of 45.1%.

Balance sheet and cash flow metrics

Total Assets

$16.93 billion

Total Liabilities

$614.38 million

Operating Cash Flow

$0

Capital Expenditure

$2.71 million

Dividend Payout Ratio

45.1%

WesBanco Inc ended 2023 with $16.93 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $16.93 billion while shareholder equity stood at $2.43 billion.

WesBanco Inc ended 2023 with $0 in deferred long-term liabilities, $614.38 million in other current liabilities, 141834000.00 in common stock, $1.08 billion in retained earnings and $1.10 billion in goodwill. Its cash balance stood at $408.41 million and cash and short-term investments were $2.94 billion. The company’s total short-term debt was $135,069,000 while long-term debt stood at $986.40 million.

WesBanco Inc’s total current assets stands at $476.93 million while long-term investments were $3.79 billion and short-term investments were $2.53 billion. Its net receivables were $68.52 million compared to accounts payable of $4.59 million and inventory worth $0.

In 2023, WesBanco Inc's operating cash flow was $0 while its capital expenditure stood at $2.71 million.

Comparatively, WesBanco Inc paid $0.45 in dividends in 2023.

Other key metrics

Current Trading Price

$31.04

52-Week High

$40.5859

52-Week Low

$28.6556

Analyst Target Price

$40.67

WesBanco Inc stock is currently trading at $31.04 per share. It touched a 52-week high of $40.5859 and a 52-week low of $40.5859. Analysts tracking the stock have a 12-month average target price of $40.67.

Its 50-day moving average was $35.82 and 200-day moving average was $35.09 The short ratio stood at 6.28 indicating a short percent outstanding of 0%.

Around 281.1% of the company’s stock are held by insiders while 6087.5% are held by institutions.