WesBanco Q2 adjusted profit beats estimates

The current average analyst rating on the shares is buy, with 5 strong buy or buy ratings, 3 hold ratings and no sell or strong sell ratings.

Wall Street's median 12-month price target for WesBanco Inc is $40.75, about 0.5% above its July 20 closing price of $40.53. The stock recently traded at 11 times next 12-month earnings, versus a P/E of 9 three months ago.

WesBanco said its second-quarter adjusted profit beat analyst expectations, with adjusted earnings per share of $0.92 versus the consensus estimate of $0.85 from eight analysts.

Net interest income for the quarter rose 2.5% year over year to $222.20 million, helped by higher securities yields and lower funding costs. The company also repurchased $9.7 million of its shares during the quarter.