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WSBC - WesBanco: Earnings Likely To Dip Due To Higher Provisioning
June, 25 2022 02:00 AM
WesBanco Inc.
Higher interest rates will worsen the credit quality of the loan portfolio, thereby leading to higher provisioning expenses for expected loan losses. The management’s expansionary efforts will likely lead to an improvement in the loan growth. The December 2022 target price suggests a small upside from the current market price. Further, WSBC is offering a decent dividend yield. For further details see:
WesBanco: Earnings Likely To Dip Due To Higher Provisioning
Stock Information
Company Name:
WesBanco Inc.
Stock Symbol:
WSBC
Market:
NASDAQ
Website:
wesbanco.com
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