WesBanco (NASDAQ:WSBC) changed 1.12% to recent value of $34.31. The stock transacted 299917 shares during most recent day however it has an average volume of 234.67K shares. It spotted trading -20.45% off 52-week high price. On the other end, the stock has been noted 5.80% away from the low price over the last 52-weeks.
On Feb. 4, 2020, WesBanco (NASDAQ:WSBC) a diversified, multi-state bank holding company, revealed that its affiliate, WesBanco Bank, has again been named to Forbes magazine’s list of the Best Banks in America. The 2020 ranking is WesBanco’s tenth year making the list since its inception during 2010, and the first time in the top ten – coming in as the 7th best bank.
WesBanco is proud to have been again named one of the ten best banks in America by Forbes magazine, said Todd F. Clossin, WesBanco President and Chief Executive Officer. This financial-based ranking follows our earning the #7 ranking in the United States in the inaugural ranking of the World’s Best Banks, which was based on customer satisfaction and consumer feedback. During our 150 years, WesBanco has maintained its strong community banking roots and focus on customer service while evolving into a diversified and well-balanced financial services institution. This annual recognition is a testament to the hard work and dedication of all our employees, our strong legacy of credit and risk management, and strategic focus to create a premier financial institution for our customers and shareholders.
Mr. Clossin added, WesBanco had another successful year during 2019 – one that was full of milestones. Solid execution on our strategies, combined with strong fundamentals, allowed us to generate record annual earnings and maintain positive key credit quality metrics. We strengthened our franchise by expanding into the dynamic Mid-Atlantic market with strong deposit market share in the fast growing Baltimore and Washington D.C. MSAs, as well as crossing $15 billion in total assets. In addition, as a testament to our community focus, WesBanco Bank earned its seventh consecutive ‘Outstanding’ Community Reinvestment Act rating from the FDIC. Lastly, we continue to believe we are well-positioned for long-term success.
WSBC has an operating margin of 78.40% while its profit margin remained 33.40% for the last 12 months. Its earnings per share (EPS) expected to touch remained 20.00% for this year while earning per share for the next 5-years is expected to reach at 10.00%.
The company has 68.07M of outstanding shares and 65.89M shares were floated in the market. The price moved ahead of -3.81% from the mean of 20 days, -6.13% from mean of 50 days SMA and performed -7.13% from mean of 200 days price. Company’s performance for the week was -1.29%, -8.04% for month and YTD performance remained -9.21%.
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