Wesbanco Inc. (WSBC) intrinsic value & 10-year financials
Wesbanco Inc. (WSBC) has a Graham intrinsic value of $17.70 per share. At $37.22 on Oct 17, 2026, the stock trades 110% above that value. Over the last 10 fiscal years revenue grew 7.0% a year to $11.8M, with an average return on invested capital of 5.2%.
- Graham intrinsic value
- $17.70
- Share price (Oct 17, 2026)
- $37.22
- Price vs Graham value
- 110% above
- Market cap
- $3.4B
- Revenue (FY2025)
- $11.8M
- Revenue growth (10-yr CAGR)
- 7.0%
- ROIC (10-yr avg)
- 5.2%
- Free cash flow (FY2025)
- $280.0M
WSBC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $11.8M | $223.1M | $2.23 | $280.0M | — | 5.3% |
| FY2024 | $10.2M | $151.5M | $2.26 | $200.7M | — | 4.1% |
| FY2023 | $10.1M | $159.0M | $2.51 | $146.8M | — | 4.7% |
| FY2022 | $9.5M | $192.1M | $3.02 | $196.2M | — | 7.6% |
| FY2021 | $6.9M | $242.3M | $3.53 | $327.8M | — | 10.2% |
| FY2020 | $6.2M | $122.0M | $1.77 | $52.1M | — | 3.4% |
| FY2019 | $7.0M | $158.9M | $2.83 | $151.2M | — | 4.2% |
| FY2018 | $7.2M | $143.1M | $2.92 | $186.9M | — | 4.8% |
| FY2017 | $6.7M | $94.5M | $2.14 | $135.6M | — | 3.7% |
| FY2016 | $6.4M | $86.6M | $2.16 | $121.0M | — | 3.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
WESBANCO INC has demonstrated mature, steady growth, with revenue compounding at 7.0% annually over the past decade.
WESBANCO INC has historically struggled to out-earn its cost of capital, averaging just 5.2% ROIC.
WESBANCO INC has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, WESBANCO INC is modeled at 0.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $17.70 per share.