DA Davidson Starts Coverage on WesBanco (WSBC), Sees Shares as Undervalued

WesBanco, Inc. (NASDAQ:WSBC) is included among the 15 Best High Dividend Stocks to Invest in Under $100.

On February 25, DA Davidson initiated coverage of WesBanco, Inc. (NASDAQ:WSBC) with a Buy rating. It set a $44 price target on the stock. The firm said it sees the shares as undervalued. In its view, the bank’s “exceptional” core deposit franchise, improving profitability, and progress on strategic cost-saving initiatives support a stronger valuation.

On February 18, the company said its Board of Directors declared a quarterly cash dividend of $0.38 per share for holders of common stock. The dividend will be paid on April 1, 2026, to shareholders of record as of March 6, 2026. On an annual basis, the payment represents a cash dividend rate of $1.52 per common share.

WesBanco, Inc. (NASDAQ:WSBC) operates as a diversified multi-state bank holding company. The company offers a broad range of financial services. These include retail and corporate banking, personal and corporate trust services, brokerage services, mortgage banking, and insurance. Its operations are organized into two segments: community banking and trust and investment services.

While we acknowledge the potential of WSBC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.