WesBanco (WSBC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

WesBanco

NasdaqGS•Financial Services•Banks - Regional

$39.05-0.08(<0.01%)After hours

Market Cap

$3.69B

P/E

10.2x

P/S

2.4x

P/B

0.9x

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. It operates in two segments, Community Banking, and Trust and Investment Services. The company accepts interest and non-interest-bearing demand, money market, and savings deposit accounts, as well as certificates of deposit; and offers land and construction, improved property, commercial and industrial, residential real estate mortgage, and consumer loans, as well as home equity lines of credit and overdrafts. It also provides mutual funds and annuities; and property, casualty, life, and title insurance services, as well as holds commercial real estate properties and investment securities. In addition, the company offers letters of credit and international wire services, as well as operates as an investment adviser to a family of mutual funds. It operates through branches and ATM machines in West Virginia, Ohio, western Pennsylvania, Kentucky, southern Indiana, Michigan, and Maryland. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.

How this company scores

WeakMetricSide Score: 75/100

Grade capped at D — Interest coverage below 1× (1.0x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (24/25); weakest: Balance Sheet & Red Flags (11/25).

Profitability18/25

Growth22/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality24/25

Strengths

Growing revenueRising free cash flowStrong marginsRising earnings

Grade capped at D

Interest coverage below 1× (1.0x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 10.2x5y range 7.9x – 22.4x

Currently near its 20-quarter median.

P/S · 2.4x5y range 1.8x – 3.6x

Currently near its 20-quarter median.

P/B · 0.9x5y range 0.6x – 0.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Leverage Risk

Watch

Debt-to-equity has risen 54.2% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $3.69B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.53B
Q. Revenue: $390.41M
TTM EBITDA: $476.55M
TTM Op. Income: $456.78M
Q. Op. Income: $113.22M
TTM Net Income: $361.93M
Q. Net Income: $89.50M
EPS: $0.89
Shares Out.: $95.95M

$1.53B in TTM revenue grew 16.9% YoY, reaching $390.41M last quarter. TTM EBITDA of $476.55M and TTM operating income of $456.78M show growth is flowing through to the bottom line. TTM net income of $361.93M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 69.9%
EBITDA Margin: 30.8%
Op. Margin: 29.0%
Net Margin: 22.9%

Op. margin of 29.0% is up 2.4% YoY — cost efficiency is improving. Net margin at 22.9% and gross margin of 69.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 9% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 10.2x
P/S Ratio: 2.4x
P/B Ratio: 0.9x

At 10.2x P/E, the stock trades below typical market levels. P/S of 2.4x and P/B of 0.9x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 40% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $28.47B
Cash: $978.86M
Long-Term Debt: $1.95B
Book Value: $4.08B
D/E Ratio: 0.5
Debt/EBITDA: 16.2

With $28.47B in assets and $1.95B in long-term debt, D/E is 0.5and book value is $4.08B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $113.26M
TTM Free Cash Flow: $395.11M
FCF Margin: 25.9%
FCF / Net Income: 1.1

TTM FCF of $395.11M on $113.26M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.