WesBanco Inc (WSBC) Releases Earnings Results, Beats Expectations By $0.01 EPS

WesBanco Inc (WSBC) reported quarterly earnings results on Wednesday, Apr-20-2016. The company said it had a profit of $0.60 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.59. Analysts expectations of $79.69 million. During the same quarter in the previous year, the company posted $0.59 EPS.

Many Wall Street Analysts have commented on WesBanco Inc. Shares were Reiterated by FBR Capital on Jan 28, 2016 to “Mkt Perform” and Lowered the Price Target to $ 33 from a previous price target of $35 .

WesBanco Inc opened for trading at $31.19 and hit $31.86 on the upside on Monday, eventually ending the session at $31.5, with a gain of 0.45% or 0.14 points. The heightened volatility saw the trading volume jump to 1,43,712 shares. Company has a market cap of $1,208 M.

In a different news, on Mar 16, 2016, Paul M Limbert (director) sold 20,000 shares at $28.61 per share price. According to the SEC, on Jan 29, 2016, Ronald W. Owen (director) purchased 3,000 shares at $28.15 per share price. On Nov 12, 2015, Charlotte A Zuschlag (director) sold 17,891 shares at $33.70 per share price, according to the Form-4 filing with the securities and exchange commission.

WesBanco Inc. (WesBanco) is a bank holding company. The Company offers a range of financial services including retail banking corporate banking personal and corporate trust services brokerage services mortgage banking and insurance. WesBanco offers these services through two segments: community banking which offers services by full-service commercial banks including commercial demand individual demand and time deposit accounts as well as commercial mortgage and individual installment loans and certain non-traditional offerings such as insurance and securities brokerage services and trust and investment services which offers trust services as well as various alternative investment products including mutual funds. WesBanco Bank also offers trust and investment services and various alternative investment products including mutual funds and annuities.

WesBanco Inc

Leave a Reply

WesBanco Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on WesBanco Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.