WSBC raises its quarterly dividend by 2.8% to 37 cents per share. Given its weak liquidity position, this seems unsustainable.
WesBanco (WSBC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
WesBanco, Inc. (NASDAQ:WSBC ) Q3 2024 Earnings Conference Call October 24, 2024 3:00 PM ET Company Participants John Iannone - Senior Vice President, Investor Relations Jeffrey Jackson - President and Chief Executive Officer Daniel Weiss - Chief Financial Officer Conference Call Participants Daniel Tamayo - Raymond James Financial, Inc. Russell Gunther - Stephens Inc. Catherine Mealor - Keefe, Bruyette & Woods, Inc. Manuel Navas - D.A. Davidson & Co. Karl Shepard - RBC Capital Markets David Bishop - Hovde Group, LLC Operator Hello, and welcome to the WesBanco Third Quarter 2024 Earnings Conference Call.
The headline numbers for WesBanco (WSBC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
WesBanco (WSBC) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.59 per share a year ago.
WesBanco, Inc. (NASDAQ:WSBC ) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants John Iannone - Senior Vice President, Investor Relations Jeff Jackson - President & Chief Executive Officer Dan Weiss - Senior Executive Vice President & Chief Financial Officer Conference Call Participants Karl Shepard - RBC Capital Markets Catherine Mealor - KBW Russell Gunther - Stephens David Bishop - Hovde Group Daniel Cardenas - Janney Montgomery Scott Manuel Navas - D.A. Davidson Operator Good morning and welcome to the WesBanco, Inc.'s Second Quarter 2024 Earnings and Proposed Merger Conference Call.
While the top- and bottom-line numbers for WesBanco (WSBC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
WesBanco (WSBC) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.71 per share a year ago.
WesBanco has agreed to buy smaller rival Premier Financial in an all-stock deal valued at $959 million, the lenders said on Friday, offering another sign of growing consolidation in the U.S. regional banking industry.