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WesBanco, Inc.WSBCCompetitor analysis, valuation and peers

United States · USD·Financials›Regional Banks

Regional bank serving West Virginia, Ohio, Pennsylvania and Kentucky with commercial, retail and trust banking.

Momentum strong 62
Mkt cap
$3.70B
US dollars, full cap
Free float
98%
of shares outstanding
$/day
$24.8M
20-day average traded
P/B
0.96×
price to book
ROE
8.8%
delivered
Implied ROE
8.2%
what the price asks
Next earnings
81 days
26 Jan 2027
Close · USD$38.59
1D-0.2%
1W+0.3%
1M+4.4%
3M-7.5%
6M+12.7%
YTD+16.1%
1Y+26.1%
ATR %2.5%
Beta0.50
52w lowhigh10.3% off high

What WesBanco does

Regional bank serving West Virginia, Ohio, Pennsylvania and Kentucky with commercial, retail and trust banking.

Earns most of its income from the spread between loan yields and deposit costs, with trust, wealth-management and insurance fees adding to it. It has grown by buying smaller banks, including Premier Financial in 2021.

Products and services

  • Commercial banking
  • Retail banking
  • Trust and wealth management
  • Insurance

Customers

  • Ohio Valley/Appalachian small businesses and consu

Where it sits in the supply chain

  • Financial services
  • Regional banks
  • Mid-Atlantic/Ohio Valley community…

What could go right

  • Regional loan growth via bank M&A integration

What could go wrong

  • Slower-growth rural/legacy-industry footprint
  • Interest-rate margin risk

Moat: narrow (scale, distribution). Long-standing multi-state branch franchise built through acquisitions.

Headquarters: Wheeling, West Virginia, US · Founded: 1870 · Employees: 2,969

Named competitors

WesBanco at a glance

Size WesBanco (WSBC) is a United States Financials company (Regional Banks) with a market value of $3.70B, the 1394th largest of 3,117 United States companies the cockpit tracks. Shares closed at $38.59 on 6 Nov 2026.

Performance Over six months the shares gained 12.7%, against +5.1% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue grew 16.7% over the last twelve months (peer median +13.6%); the operating margin is 43.7% (peer median 42.3%).

Valuation It trades at 0.96× book value against a peer median of 1.17× (6th cheapest of 21).

Price implies The share price implies a return on equity of about 8.2%; WesBanco delivers 8.8%, so the price asks less than the business earns today.

Short interest Short interest is 7.5% of the free float (15 Oct 2026).

Next results Next results expected around 26 Jan 2027 (exchange calendar; dates can move).

Relative performance

10011012011 May 202611 Aug 20266 Nov 2026WSBC 115Peer median 106
Six months, rebased to 100: WesBanco against the median of its 20 peers (local-currency closes).

WesBanco financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$1.52B$1.44B$951M$832M$624M
Revenue growth—+51%+14%+33%—
Net income$362M$223M$152M$159M$192M
Free cash flow$379M$282M$203M$155M$179M
Capital expenditure$15.5M$10.7M$10.6M$22.5M$7.99M
Total debt$2.37B$1.66B$1.51B$1.73B$1.12B

Quarterly statements and history in the cockpit →

WesBanco competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-10%0%+10%-20%-10%0%+10%5832EQBKARURVYSYAXXIRNSTBANF84187337FBPINDB6011287189CVBFFFBCMCHBZUGER2812TOWNBHWWSBC6-month return →1-month return →
Up and to the right = strong over both horizons. WesBanco is the large dot.

Fundamentals: return on equity against price-to-book

0%5%10%15%20%10×1.50×20×5832EQBKARURVYSYAXXIRNSTBANF84187337FIBKFBP6011287189CVBFFFBCMCHBZUGER2812TOWNBHWWSBCReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. WesBanco is the large dot.

Capital: ROE delivered against the ROE the price implies

0%10%20%30%0%10%20%30%5832EQBKARURVYSYARNSTBANF84187337FBP601128FFBCMCHBTOWNBHWWSBCROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. WesBanco is the large dot.

WesBanco competitors and peer comparison

Head to head with its named competitors (WSBC vs FCF vs STBA vs PEBO)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
WesBanco WSBC$3.70B+13%+17%9%0.96×8.2%
First Commonwealth Financial FCF$2.03B+13%+4%11%1.37×10.4%
S&T Bancorp STBA$1.79B+14%+2%10%1.27×10.8%
Peoples Bancorp PEBO$1.39B+12%0%10%1.13×8.5%

How WesBanco compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

WesBanco against its 20 peers (data as of 6 Nov 2026)
MeasureWSBCPeer medianRank in peer set
1-month return+4.4%+1.4%7th highest of 21
6-month return+12.7%+5.1%2nd highest of 21
Return on equity8.8%9.4%10th lowest of 21
Price / book0.96×1.17×6th cheapest of 21
Trailing P/E11.1×11.9×8th cheapest of 19
ROE the price implies8.2%9.5%8th least demanding of 20
ROE delivered8.8%9.5%9th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
WesBanco WSBCUnited States$3.70B+13%+17%9%0.96×8.2%8.8%
Chugin Financial Group,Inc 5832.TJapan$3.76B+10%+34%8%0.86×6.5%8.3%
EQB EQB.TOCanada$3.79B+3%-4%0%1.44×12.8%-0.1%
Karur Vysya Bank KARURVYSYA.NSIndia$3.80B+18%+14%21%2.32×30.7%21.0%
Twenty One Capital XXIUnited States$3.57B-36%n/a-12%1.38×7.6%n/a
Renasant RNSTUnited States$3.55B-2%+20%9%0.93×9.5%8.7%
BancFirst BANFUnited States$3.87B+2%-3%14%1.94×12.7%13.6%
Yamaguchi Financial 8418.TJapan$3.54B+6%+19%6%0.84×5.8%5.7%
Hirogin 7337.TJapan$3.89B+9%+26%8%0.99×7.4%8.2%
First Interstate BancSystem FIBKUnited States$3.50B+4%-4%10%1.12×9.0%9.5%
First Bancorp FBPUnited States$3.92B+8%+3%19%2.09×15.7%19.4%
Independent Bank INDBUnited States$3.94B+8%+25%9%1.14×9.5%9.3%
Jiangsu Changshu Rural Commercial Bank 601128.SSChina$3.48B-4%-1%14%0.67×2.5%13.8%
Nishi-Nippon Financial 7189.TJapan$3.47B+3%+28%8%0.88×6.9%7.8%
CVB Financial CVBFUnited States$3.99B+12%+23%9%1.27×9.8%8.6%
First Financial Bancorp FFBCUnited States$3.43B+6%+13%11%1.19×10.9%10.7%
Mechanics Bancorp MCHBUnited States$3.41B-1%+131%10%1.33×14.8%10.2%
Zuger Kantonalbank ZUGER.SWSwitzerland$4.04B+8%-10%8%2.03×n/a8.3%
Taichung Commercial Bank 2812.TWTaiwan$3.38B-12%-13%11%1.16×3.9%11.2%
TowneBank TOWNUnited States$3.36B+4%+36%13%1.08×9.0%12.9%
Bank Handlowy w Warszawie BHW.WAPoland$4.09B+7%-22%17%1.72×17.1%16.7%

Questions

Who are WesBanco's main competitors?
Named competitors: First Commonwealth Financial (FCF), S&T Bancorp (STBA), Peoples Bancorp (PEBO). The cockpit's measured peer set (industry) also includes Chugin Financial Group,Inc (5832.T), EQB (EQB.TO), Karur Vysya Bank (KARURVYSYA.NS), Twenty One Capital (XXI), Renasant (RNST), BancFirst (BANF).
Is WesBanco expensive compared with its peers?
On price / book it trades at 0.96× against a peer median of 1.17×, 6th cheapest of 21 in its peer set. The share price implies a return on equity of about 8.2%; WesBanco delivers 8.8%, so the price asks less than the business earns today.
How has WesBanco stock performed?
Over six months to 6 Nov 2026 the shares returned +12.7% against +5.1% for the median peer; over one year +26.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.