At a glance
WesBanco Inc is worth $3.70B, about 17 times its fiscal 2025 earnings. Revenue grew 61.8% to $981.1M in fiscal 2025, with 22.7% kept as profit; over 5 years it has grown 10.1% a year. It pays a 3.95% dividend yield, raised every year for at least 9 years, and returned $462.8M to shareholders in dividends and buybacks over FY2021–FY2025. The stock returned +31.0% over the past year with dividends reinvested and +6.7% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 39.7% in the 2020 crash (S&P 500: 33.7%) and 19.7% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 11 months and 3 months after the lows.
The business in plain English
Wesbanco, based in Wheeling, West Virginia, is a bank holding company, which means a company that owns a bank. Its one bank, Wesbanco Bank, serves individuals and businesses through 251 branches and 266 ATMs in West Virginia, Ohio, western Pennsylvania, Kentucky, Indiana, Michigan and Maryland. Total assets were about $27.7 billion as of December 31, 2025. Earlier that year, on February 28, 2025, Wesbanco completed its purchase of Premier Financial Corp.
Like most banks, it earns most of its money from net interest income. That is the gap between the interest it collects on loans and investments and the interest it pays on deposits and borrowings. In fiscal 2025, net interest income was $814.3 million of $981.1 million in total revenue. The other $166.8 million was noninterest income, which includes fees from services such as trust, brokerage, mortgage banking and insurance.
Wesbanco reports two business segments. Community banking takes deposits and makes loans to individuals and businesses. Trust and investment services managed about $7.9 billion of client assets as of December 31, 2025. The bank is also the investment adviser to the WesMark family of mutual funds. Other subsidiaries offer property, casualty, life and title insurance, as well as full-service and discount brokerage.
Price history
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WSBC +31.0% over the year to Oct 28, 2026, total return with dividends reinvested.
Latest results
- In Q3 FY2026 (ended Sep 30, 2026), revenue was $272.7M, up 4.3% from a year earlier, and net income was $89.5M (+7.1%).
- For fiscal 2025, revenue was $981.1M (+61.8% year over year; +10.1% a year from FY2020 to FY2025) with a 22.7% net margin.
Financial health check
| Revenue growth a year (FY2020–FY2025) | +10.1% good |
|---|---|
| Return on equity | 5.5% weak |
| Net income / revenue | 22.7% watch |
| Deposits | $21.61B |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $607.7M | $122.0M | — |
| FY2021 | $590.7M | $242.3M | — |
| FY2022 | $591.7M | $192.1M | — |
| FY2023 | $601.8M | $159.0M | — |
| FY2024 | $606.2M | $151.5M | — |
| FY2025 | $981.1M | $223.1M | — |
Valuation snapshot
| Market value | $3.70B |
|---|---|
| P/E ratio | 17.3 |
| Dividend yield | 3.95% |
Rank among 1514 US companies
Market value at each year end
WesBanco’s market value went from $1.89B at the end of 2016 to $3.70B on Oct 28, 2026, about 2.0 times as much; since the end of 2025 it is up 16%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Oct 28, 2026 | $3.70B | +15.8% |
| 2025 | $3.19B | +46.7% |
| 2024 | $2.18B | +16.8% |
| 2023 | $1.86B | -14.9% |
| 2022 | $2.19B | -1.1% |
| 2021 | $2.21B | +9.9% |
| 2020 | $2.01B | -2.6% |
| 2019 | $2.07B | +3.2% |
| 2018 | $2.00B | +11.9% |
| 2017 | $1.79B | -5.2% |
| 2016 | $1.89B |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| WSBC price data to Oct 28, 2026 | +19.6% | +31.0% | +22.7% | +6.7% | +5.7% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +19.6% |
| 2025 | +7.0% |
| 2024 | +8.8% |
| 2023 | -10.8% |
| 2022 | +9.9% |
| 2021 | +21.3% |
| 2020 | -16.2% |
| 2019 | +6.5% |
| 2018 | -7.4% |
| 2017 | -3.0% |
| 2016 | +47.6% |
| 2015 | -11.2% |
| 2014 | +11.8% |
| 2013 | +48.2% |
| 2012 | +18.1% |
| 2011 | +6.0% |
| 2010 | +58.9% |
| 2009 | -52.1% |
| 2008 | +38.6% |
| 2007 | -36.0% |
| 2006 | +14.2% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 43.2% over that stretch · deepest drop along the way 53.4%, back to its old high 49.9 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 38.9% over that stretch · deepest drop along the way 39.7%, back to its old high 11.1 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Gained 4.5% over that stretch · deepest drop along the way 19.7%, back to its old high 3 months after the low |
Insider activity
Form 4 filings from 2025-10-30 to 2026-10-30 (25 read): 0 open-market purchases and 21 sales ($1.6M).
| Date | Insider | Type | Value |
|---|---|---|---|
| Jul 29, 2026 | Jayson M Zatta SEVP & Chief Banking Officer | sell | $523K |
| Aug 24, 2026 | Denise H Knouse-Snyder Director | sell | $126K |
| Jul 28, 2026 | Jan Pattishall-Krupinski SEVP - Chief Admin Officer | sell | $93K |
| Jul 27, 2026 | Kimberly L Griffith SEVP - Human Resources | sell | $93K |
| Aug 11, 2026 | Robert H Friend EVP & CCO | sell | $84K |
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 14.2% | Sep 30, 2026 |
| Vanguard Portfolio Management | 6.12% | Jun 30, 2026 |
| Dimensional Fund Advisors LP | 6.1% | Dec 31, 2024 |
| STATE STREET CORPORATION | 5.8% | Jun 30, 2026 |
| Vanguard Capital Management | 5.25% | Mar 31, 2026 |
| Wellington Management Group LLP | 2.7% | Dec 31, 2024 |
ETFs with the most weight in WSBC
| DGRS WisdomTree US Smallcap Quality Dividend Growth Fund | 1.29% |
| MYLD Cambria Micro and SmallCap Shareholder Yield ETF | 1% |
| SMDV ProShares Russell 2000 Dividend Growers ETF | 0.98% |
| BSVO EA Bridgeway Omni Small-Cap Value ETF | 0.71% |
| AVSC Avantis U.S Small Cap Equity ETF | 0.37% |
| DES WisdomTree U.S. SmallCap Dividend Fund | 0.36% |
| DFSV Dimensional US Small Cap Value ETF | 0.29% |
| SMLV SPDR SSGA US Small Cap Low Volatility Index ETF | 0.27% |
What could go wrong
- Loans concentrated in a few regional economies. Most of Wesbanco's loans go to people and businesses in West Virginia, Ohio, western Pennsylvania, Kentucky, Indiana, Maryland and nearby areas. A downturn there could raise loan losses and lower collateral values.
- Oil and gas swings hit local economies. Volatile oil and gas prices can slow shale gas activity in West Virginia, Ohio and Pennsylvania. That could shrink royalty deposits at the bank and weaken both business and household borrowers.
- Bigger rivals in larger city markets. In larger metropolitan areas, Wesbanco competes with established banks that have more resources and higher lending limits. Winning customers there may mean paying more on deposits or charging less on loans, which reduces profits.
- Deposits could drain in a downturn. In a weak economy, customers may draw down their deposits to cover expenses. If the deposit base shrinks, the bank may have to borrow at higher rates to meet its cash needs.
- Tighter oversight above $10 billion in assets. Because its assets exceed $10 billion, Wesbanco faces closer supervision from federal and state bank regulators and the Consumer Financial Protection Bureau. Meeting those demands takes extra resources for compliance and risk management.
- Shifts in federal trade and fiscal policy. Wesbanco warns that major changes in federal policy, including to international trade agreements and imports, could hurt both the bank and the businesses and households it lends to.
Recent events
- Quarterly results released
- Investor presentation or announcement
- Quarterly results released
- Quarterly results released
- Executive or board change
- Other company announcement
- Investor presentation or announcement
- Quarterly results released
- Executive or board change; Shareholder vote results
- Quarterly results released
For income and retirement investors
Wesbanco has raised its dividend per share at least nine years in a row through fiscal 2025, and the true streak may be longer. The dividend grew from $1.28 in fiscal 2020 to $1.49 in fiscal 2025, about 3.1% a year. Dividends paid took 56.1% of fiscal 2025 net income, and the yield was 3.95% as of October 28, 2026. The company reported no repurchases of its own shares from fiscal 2021 through 2025. Instead, its share count rose 46.6% between July 2021 and July 2026, a period that included the Premier Financial purchase.
The stock has fallen hard in crises. It dropped 53.4% in the 2008 financial crisis and took about 50 months from its March 2009 low to recover. It fell 39.7% in the 2020 COVID crash and recovered in about 11 months. In 2022 it dipped as much as 19.7% but ended the market's January–October slide up 4.5%. Single stocks carry more risk than diversified funds.
Questions investors ask
How does Wesbanco make money?
Mostly by lending. Wesbanco earns more interest on its loans and investments than it pays on deposits. That gap, called net interest income, was $814.3 million of its $981.1 million in fiscal 2025 revenue. The other $166.8 million was noninterest income, which includes fees from trust and investment services, brokerage, mortgage banking and insurance. Its trust business oversaw about $7.9 billion of client assets as of December 31, 2025.
Does Wesbanco raise its dividend every year?
Yes, so far. Wesbanco's dividend per share has risen at least nine years in a row through fiscal 2025, and the streak may be longer. It grew from $1.28 in fiscal 2020 to $1.49 in fiscal 2025, a modest pace of about 3.1% a year. Dividends paid took 56.1% of fiscal 2025 net income. A long record of increases is no guarantee, because a bank's board can cut the dividend if losses rise.
What is Wesbanco's dividend yield?
Wesbanco's dividend yield was 3.95% as of October 28, 2026. On that date the stock traded at about 17.3 times its fiscal 2025 diluted earnings of $2.23 per share, and the company's market value was about $3.7 billion. Earnings per share in fiscal 2025 were well below the $3.53 earned in fiscal 2021, because net income fell over that span while the share count grew.
How has Wesbanco stock performed over the long term?
Based on share price, Wesbanco gained about 5.7% a year over the 10 years to October 28, 2026, and 6.7% a year over five years. It rose 31% in the 12 months to that date. The ride has been bumpy: its deepest drop in about 21 years of price history was 61.6%. Over the year to that date its beta, a measure of how closely a stock moves with the broad market, was 0.47. That means it moved less than the market.
How did the Premier Financial acquisition change Wesbanco?
It sharply raised Wesbanco's revenue and profit but not its earnings per share. The deal closed on February 28, 2025. In fiscal 2025, the first year to include Premier, revenue rose 61.8% to $981.1 million and net income rose 47.3% to $223.1 million. Diluted earnings per share still slipped to $2.23 from $2.26, which shows the share count grew faster than profit. Shares outstanding rose 46.6% between July 2021 and July 2026.