WSBCWESBANCO INC
National Commercial Banks
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $3.7B
- Employees
- 2,969
- Net debt / EBITDA
- —
- AI in 10-K
- 0.1
- mentions per 10K words
Takeover score 3 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo130% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo43% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo6% of assetsOver 40% of assets
- Shareholder dissentYes65% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AIYes0.1 per 10K words · 8th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$3.7B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$1M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $242M | $192M | $159M | $152M | $223M | 47% |
| Operating cash flow | $336M | $204M | $169M | $211M | $290M | 38% |
| Capex | $9M | $8M | $23M | $10M | $10M | 0.9% |
| Stock-based comp | $6M | $6M | $8M | $8M | $9M | 16% |
| Dividends | $86M | $81M | $82M | $87M | $125M | 43% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $281K · 9
- Open-market sells, 12 mo
- $2M · 22
- Net
- −$1M
Pay vs performance
No pay-versus-performance disclosure yet.