WesBanco, Inc.

WSBC Financial Banks Regional

WesBanco, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 50.9% from fiscal 2024.

Revenue
+0.69%
EPS
+5.95%
Free cash flow
−14.2%
Total debt
+38.3%

Quarter to September 2026, against a year earlier

38.64 1.03 −2.60%
Market cap
$3.7B
P/E
11.0×
Fwd P/E
10.8×
Dividend yield
3.93%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.28
Sold, $m 1.66
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — 1 3 1 — — — — — —
Sell 1 — — — — — 1 3 3 — — —
Insider Ownership 2.18%

Capital & Financial Ratios $m

Size
Market Cap 3,710.00
Revenue ttm 1,527.26
Net income ttm 223.11
Free cash flow ttm 377.28
Net debt Q 1,280.13
Valuation
P/E 11.04
Forward P/E 10.80
Price / sales 2.43
Forward P/S Powerpack
Price / FCF 9.83
Price / book 0.96
Financial health
Current ratio Q 0.96
Debt / equity Q 0.55
Interest coverage Q —
Growth
Revenue growth Q +0.69% (above 0%: growing)
Operating income growth Q −0.65% (below 0%: shrinking)
EPS, this year +4.82%
EPS, next year A +7.19%
Revenue, next year A −24.79% (below 0%: weak)
EPS, past 5 yrs +4.73%
EPS, next 5 yrs A +6.48%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 21.38%
10-year low 10-year high
P/S against its own 10 years 30.47%
10-year low 10-year high
P/B against its own 10 years 60.76%
10-year low 10-year high

Dividends raised every year since 2017

Yield
3.93%
Annual rate
1.52
Payout ratio
43.7%
Growth, 2017–25
+4.60%/yr
  1. 1.04 ’17
  2. 1.16 ’18 +12
  3. 1.24 ’19 +7
  4. 1.28 ’20 +3
  5. 1.32 ’21 +3
  6. 1.37 ’22 +4
  7. 1.41 ’23 +3
  8. 1.45 ’24 +3
  9. 1.49 ’25 +3
  10. 1.65 ’26e +11
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 595 568 956 979
Receivables — — — —
Inventory — — — —
Other — — — —
12,197 13,183 20,158 20,828
2023 2024 2025 Q'26
Payables 13,169 14,134 21,669 21,613
ST’ Debt — — — —
Other — — — —
13,286 14,340 21,799 21,748

Compound Annual Growth %

10y 5y 3y
Sales 15.65% 16.53% 31.61%
Cash Flow 12.63% 37.26% 12.47%
Earnings 9.63% 11.15% 3.64%
Book Value 13.64% 7.90% 18.44%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.88 0.91 0.88 — —
’25 (0.15) 0.57 0.84 0.81 2.23
’24 0.56 0.44 0.54 0.70 2.26
’23 0.67 0.71 0.58 0.55 2.51
’22 0.68 0.67 0.85 0.84 3.02
’21 1.05 1.01 0.64 0.82 3.53
’20 0.35 0.07 0.61 0.75 1.77
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 367 387 390 — —
’25 288 380 388 383 1,439
’24 226 234 243 250 954
’23 188 208 214 221 832
’22 143 145 166 177 631
’21 158 159 154 146 618
’20 170 168 168 163 669
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 107 78 113 — —
’25 (26) 105 117 95 290
’24 65 18 61 67 211
’23 11 47 64 47 169
’22 48 38 111 7 204
’21 52 177 47 60 336
’20 33 57 (69) 39 60
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 108 73 99 — —
’25 (31) 98 115 98 280
’24 62 19 57 63 201
’23 (1) 42 61 44 147
’22 47 36 108 5 196
’21 50 175 46 57 328
’20 30 55 (70) 37 52
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 368 421 515 601 669 618 631 832 954 1,439 1,527 +16.4% 1,082 1,152 1,221 (5.3%)
Gross margin, % 91.09 90.00 86.86 85.96 90.77 95.62 93.77 72.33 63.57 68.19 70.15 (22.9) pt
EBT 118 148 175 193 145 302 236 194 185 279 457 +10.1%
EBT margin, % 32.01 35.20 33.87 32.15 21.67 48.86 37.46 23.32 19.41 19.41 29.91 (12.6) pt
Net income 87 94 143 159 122 242 192 159 152 223 223 +11.1%
Per share, $
Per share, $ Revenue 9.17 9.57 10.54 10.71 9.95 9.43 10.51 14.03 15.24 15.83 15.92 +6.3%
Earnings 2.16 2.15 2.93 2.83 1.78 3.54 3.03 2.51 2.26 2.23 3.50 +0.4%
Cash flow 3.07 3.23 3.93 2.91 0.89 5.13 3.40 2.86 3.37 3.20 4.09 +0.4%
Capex (0.05) (0.14) (0.10) (0.22) (0.11) (0.13) (0.13) (0.38) (0.16) (0.11) (0.16) +9.3%
Free cash flow 3.02 3.09 3.83 2.69 0.77 5.00 3.27 2.48 3.21 3.08 3.93 +0.2%
Book value 33.45 31.71 40.48 46.23 40.99 41.10 40.41 42.71 44.58 44.36 42.55 +3.2%
Shares, m 40 44 49 56 67 66 60 59 63 91 95 +9.5%
Valuation, ×
Valuation, × P/E 19.79 18.87 12.57 13.31 16.83 9.91 12.16 12.47 14.53 16.06 11.04 14.6
P/S 4.69 4.24 3.48 3.53 3.01 3.71 3.52 2.23 2.14 2.10 2.43 3.3
P/B 1.28 1.28 0.91 0.82 0.77 0.90 0.97 0.78 0.77 0.79 0.96 0.9
EV/Sales 7.42 6.60 5.57 5.83 2.76 2.20 4.43 3.47 2.88 2.48 — 4.4
EV/FCF 22.53 20.44 15.32 23.16 35.56 4.14 14.26 19.68 13.69 12.76 — 18.2
Cash, $m
Cash, $m Operating cash flow 123 142 192 163 60 336 204 169 211 290 392 +10.0%
Capex (2) (6) (5) (12) (8) (9) (8) (23) (10) (10) (15) +19.7%
Free cash flow 121 136 187 151 52 328 196 147 201 280 377 +9.8%
Balance, $m
Balance, $m Working capital (863) (768) (1,302) (757) (932) (2,760) (2,201) (1,089) (1,157) (1,641) (920) +7.4%
Net debt 1,004 995 1,075 1,381 (164) (935) 578 1,034 711 552 1,280 (6.4%)
Shareholders’ equity 1,341 1,395 1,979 2,594 2,757 2,693 2,427 2,533 2,790 4,032 4,083 +13.0%
Returns, %
Returns, % ROA 0.95 0.96 1.28 1.13 0.74 1.39 1.07 0.86 0.78 0.87 1.20 (0.1) pt
ROIC 3.49 3.90 3.94 3.30 3.73 10.97 4.95 3.47 3.42 4.84 5.43 +1.3 pt
ROE 7.03 6.90 8.48 6.95 4.59 9.00 7.53 6.38 5.62 6.28 8.84 (0.8) pt
People
People Employees 1,928 1,940 2,388 2,705 2,612 2,389 2,426 2,321 2,195 2,969 — +4.9%
Revenue/emp, $m 0.19 0.22 0.22 0.22 0.26 0.26 0.26 0.36 0.43 0.48 — +10.9%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

WesBanco, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CVBF CVB Financial Corporation $4.0B 15.2× 14.0× +45.38% (above 0%: growing) +15.79% (above 0%: growing) +641.25% (above 0%: growing) 82.47% 0.00% Compare
INDB Independent Bank Corp. $4.0B 12.5× 11.5× +3.14% (above 0%: growing) +175.36% (above 0%: growing) −34.59% (below 0%: shrinking) 75.78% 0.00% Compare
FBP First BanCorp. $3.9B 10.8× 10.9× +3.16% (above 0%: growing) +1.59% (above 0%: growing) −5.21% (below 0%: shrinking) 80.42% 0.00% Compare
BANF BancFirst Corporation $3.9B 15.0× 14.3× −78.96% (below 0%: shrinking) +6.38% (above 0%: growing) +13.82% (above 0%: growing) 100.00% 0.00% Compare
WSBC WesBanco, Inc. $3.7B 11.0× 10.8× +0.69% (above 0%: growing) +5.95% (above 0%: growing) −14.15% (below 0%: shrinking) 69.86% 0.00%
BMA Macro Bank Inc. $3.6B 12.2× 8.3× +4.42% (above 0%: growing) +17.44% (above 0%: growing) +198.80% (above 0%: growing) 77.07% 0.00% Compare
NIC Nicolet Bankshares Inc. $3.6B 18.7× 17.7× +61.55% (above 0%: growing) +8.19% (above 0%: growing) +40.19% (above 0%: growing) 75.01% 0.00% Compare
RNST Renasant Corporation $3.6B 11.0× 10.9× −0.13% (below 0%: shrinking) +37.83% (above 0%: growing) +505.64% (above 0%: growing) 68.82% 0.00% Compare
FIBK First Interstate BancSystem, Inc. $3.5B 11.8× 13.4× −5.93% (below 0%: shrinking) −4.35% (below 0%: shrinking) +22.30% (above 0%: growing) 79.01% 0.00% Compare
Median of peers $3.8B 12.4× 12.5× +3.15% +11.99% +31.25% 78.04% 0.00%

All 327 Banks Regional stocks →

Pay and ownership Proxy statement filed 13 March 2026

Ownership

Directors and executive officers, together 2.06%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

WesBanco, Inc. (WSBC) Latest News

2 Nov

Impact 3 · · The Motley Fool

22 Oct

Impact 4 · · The Motley Fool transcript
Impact 4 · · Moby transcript
Impact 3 · · MarketBeat transcript

21 Oct

Impact 3 · · Zacks
Impact 3 · · Associated Press

29 Sep

Impact 3 · · StockStory

25 Jun

Impact 3 · · StockStory

WSBC metrics, ten years each

stockrow.com/WSBC · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com