WesBanco Q2 adjusted EPS beats estimates

Wesbanco

29/07/2025 21:28

Overview

WesBanco Q2 adjusted EPS of $0.91 beats analyst expectations, per LSEG data

Net interest income rose 85.9% yr/yr, driven by PFC acquisition

Result Drivers

PFC ACQUISITION - Acquisition of Premier Financial Corp significantly increased loans and deposits, contributing to a 53.6% rise in loans and 57.5% in deposits year-over-year

NET INTEREST MARGIN - Improved to 3.59%, driven by PFC acquisition benefits and lower funding costs

SYSTEMS CONVERSION - Successful conversion of customer data systems from PFC, enhancing operational capabilities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$0.91
$0.86 (7 Analysts)
Q2 EPS
$0.57
Q2 Net Interest Income
$216.80 mln
Q2 CET1 Capital Ratio
9.9%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for WesBanco Inc is $38.00, about 15.3% above its July 28 closing price of $32.19

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPn5k3zKSa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)