Wesbanco Shares Soar 13.64% on Strong Q1 Earnings

Wesbanco's stock surged by 13.64% in pre-market trading on April 30, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

Wesbanco reported strong first-quarter earnings, with adjusted earnings per share of $0.66, surpassing the consensus estimate of $0.56. This represents a 10% earnings surprise and highlights the company's robust financial performance. The company's revenues for the quarter also exceeded expectations, reaching $194.39 million, a 33.97% increase from the previous year.

The company's total loans increased by 57.3% year-over-year to $18.7 billion, driven by the PFC acquisition and organic growth. This substantial growth across key metrics underscores Wesbanco's strategic acquisitions and solid organic performance.

Despite the strong earnings report, Wesbanco shares have lost about 8.5% since the beginning of the year, underperforming the broader market. However, the company's earnings outlook remains mixed, with current consensus EPS estimates for the coming quarter and fiscal year indicating potential for future growth.