Wesbanco Stock (NASDAQ:WSBC), Trade Ideas

Wesbanco

Wesbanco Inc is a bank holding company that offers a full range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking, and insurance. The company has two reportable segments: community banking and trust and investment services. WesBanco operates one commercial bank, WesBanco Bank, which runs scores of branches. Its market service area primarily includes the Rust Belt region of the United States. Commercial real estate accounts for nearly half of the bank's loan portfolio. The bank has historically grown through both organic growth and acquisitions. The bank's primary component of net revenue is net interest income.

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Wesbanco Inc

WesBanco, Inc. - Depositary Shares, Each Representing a 1/40th Interest in a Share of 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A

<p>RBC Capital  analyst Jon Arfstrom   reiterates Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) with a Sector Perform and maintains $32 price target.</p>


Price Target

Reiteration

Analyst Ratings

RBC Capital Reiterates Sector Perform on Wesbanco, Maintains $32 Price Target

<p><strong>Wesbanco</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) reported its Q4 earnings results on Tuesday, January 23, 2024 at 04:15 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>Wesbanco missed estimated earnings by 1.79%, reporting an EPS of $0.55 versus an estimate of $0.56.</p>
<p>Revenue was down $12.12 million from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company missed on EPS by $0.0 which was followed by a 2.68% increase in the share price the next day.</p>
<p>Here's a look at Wesbanco's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.59</td>
<td>0.66</td>
<td>0.77</td>
<td>0.83</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.59</td>
<td>0.71</td>
<td>0.71</td>
<td>0.84</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>122.47M</td>
<td>122.89M</td>
<td>132.78M</td>
<td>129.98M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>117.68M</td>
<td>121.57M</td>
<td>124.33M</td>
<td>129.87M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Wesbanco <a href="https://www.benzinga.com/quote/WSBC/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Earnings

Recap: Wesbanco Q4 Earnings

<p>Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) reported quarterly earnings of $0.55 per share which missed the analyst consensus estimate of $0.56 by 1.79 percent.</p>


Earnings Misses

Wesbanco Q4 2023 GAAP EPS $0.55 Misses $0.56 Estimate

<h3>Companies Reporting Before The Bell</h3>
<p>&bull; Webster Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) is estimated to report quarterly earnings at $1.46 per share on revenue of $603.11 million.</p>
<p>&bull; Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) is expected to report quarterly earnings at $7.26 per share on revenue of $17.97 billion.</p>
<p>&bull; Invesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $1.12 billion.</p>
<p>&bull; Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $83.53 million.</p>
<p>&bull; RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) is estimated to report quarterly earnings at $1.25 per share on revenue of $19.73 billion.</p>
<p>&bull; Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) is likely to report quarterly earnings at $1.70 per share on revenue of $21.47 billion.</p>
<p>&bull; Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) is projected to report quarterly earnings at $0.80 per share on revenue of $5.78 billion.</p>
<p>&bull; Community Bank System (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBU#NYSE">CBU</a>) is projected to report quarterly earnings at $0.84 per share on revenue of $175.03 million.</p>
<p>&bull; Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) is projected to report quarterly earnings at $2.28 per share on revenue of $20.99 billion.</p>
<p>&bull; General Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) is likely to report quarterly earnings at $0.90 per share on revenue of $17.42 billion.</p>
<p>&bull; Synchrony Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>) is likely to report quarterly earnings at $0.93 per share on revenue of $4.47 billion.</p>
<p>&bull; Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) is projected to report quarterly earnings at $0.96 per share on revenue of $114.16 million.</p>
<p>&bull; Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) is likely to report quarterly earnings at $1.08 per share on revenue of $34.58 billion.</p>
<p>&bull; MakeMyTrip (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMYT#NASDAQ">MMYT</a>) is projected to report quarterly earnings at $0.24 per share on revenue of $208.59 million.</p>
<p>&bull; 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) is expected to report quarterly earnings at $2.31 per share on revenue of $7.70 billion.</p>
<p>&bull; Atlantic Union Bankshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUB#NYSE">AUB</a>) is likely to report quarterly earnings at $0.75 per share on revenue of $179.29 million.</p>
<p>&bull; Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) is expected to report quarterly earnings at $0.48 per share on revenue of $449.00 million.</p>
<p>&bull; Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) is projected to report quarterly earnings at $0.50 per share on revenue of $272.37 million.</p>
<p>&bull; D.R. Horton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) is likely to report quarterly earnings at $2.88 per share on revenue of $7.60 billion.</p>
<p>&bull; GATX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATX#NYSE">GATX</a>) is expected to report quarterly earnings at $1.58 per share on revenue of $365.40 million.</p>
<p>&bull; PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) is estimated to report quarterly earnings at $2.21 per share on revenue of $8.34 billion.</p>
<p>&bull; Telefonaktiebolaget L M (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $7.00 billion.</p>
<h3>Companies Reporting After The Bell</h3>
<p>&bull; Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) is expected to report quarterly earnings at $0.48 per share on revenue of $6.92 billion.</p>
<p>&bull; Canadian National Railway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNI#NYSE">CNI</a>) is expected to report quarterly earnings at $1.46 per share on revenue of $3.23 billion.</p>
<p>&bull; Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is expected to report quarterly earnings at $2.66 per share on revenue of $4.14 billion.</p>
<p>&bull; Stride (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) is likely to report quarterly earnings at $1.31 per share on revenue of $500.85 million.</p>
<p>&bull; Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $116.77 million.</p>
<p>&bull; Premier Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFC#NASDAQ">PFC</a>) is likely to report quarterly earnings at $0.58 per share on revenue of $53.87 million.</p>
<p>&bull; NBT Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBTB#NASDAQ">NBTB</a>) is estimated to report quarterly earnings at $0.75 per share on revenue of $139.00 million.</p>
<p>&bull; National Bank Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NBHC#NYSE">NBHC</a>) is likely to report quarterly earnings at $0.82 per share on revenue of $103.96 million.</p>
<p>&bull; Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is expected to report quarterly earnings at $1.48 per share on revenue of $1.87 billion.</p>
<p>&bull; QCR Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCRH#NASDAQ">QCRH</a>) is likely to report quarterly earnings at $1.35 per share on revenue of $58.53 million.</p>
<p>&bull; Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is expected to report quarterly earnings at $2.22 per share on revenue of $8.71 billion.</p>
<p>&bull; RF Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RFIL#NASDAQ">RFIL</a>) is likely to report quarterly loss at $0.04 per share on revenue of $16.70 million.</p>
<p>&bull; Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) is projected to report quarterly earnings at $0.64 per share on revenue of $162.85 million.</p>
<p>&bull; Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) is expected to report quarterly earnings at $1.46 per share on revenue of $4.12 billion.</p>
<p>&bull; East West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) is projected to report quarterly earnings at $1.89 per share on revenue of $576.55 million.</p>
<p>&bull; Triumph Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFIN#NASDAQ">TFIN</a>) is likely to report quarterly earnings at $0.40 per share on revenue of $106.85 million.</p>
<p>&bull; First Busey (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUSE#NASDAQ">BUSE</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $107.87 million.</p>
<p>&bull; Hanmi Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>) is estimated to report quarterly earnings at $0.59 per share on revenue of $63.15 million.</p>
<p>&bull; Business First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BFST#NASDAQ">BFST</a>) is projected to report quarterly earnings at $0.60 per share on revenue of $62.47 million.</p>
<p>&bull; Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $110.66 million.</p>
<p>&bull; Covenant Logistics Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVLG#NASDAQ">CVLG</a>) is projected to report quarterly earnings at $1.03 per share on revenue of $281.75 million.</p>
<p>&bull; Trustmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMK#NASDAQ">TRMK</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $187.63 million.</p>
<p>This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.</p>


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Earnings Scheduled For January 23, 2024

<p><strong>Wesbanco</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-01-23. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that Wesbanco will report an <strong>earnings per share</strong> (EPS) of $0.56. </p>
<p>Wesbanco bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Historical Earnings Performance</h3>
<p>Last quarter the company missed EPS by $0.00, which was followed by a 2.68% increase in the share price the next day.</p>
<p>Here's a look at Wesbanco's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.59</td>
<td>0.66</td>
<td>0.77</td>
<td>0.83</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.59</td>
<td>0.71</td>
<td>0.71</td>
<td>0.84</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>2.68%</td>
<td>4.26%</td>
<td>-5.66%</td>
<td>0.98%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1705935723_0.png" alt="eps graph" /></p>
<p><a href="https://www.benzinga.com/quote/WSBC/earnings"><strong>To track all earnings releases for Wesbanco visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Wesbanco's Earnings Outlook

<p>Raymond James  analyst Daniel Tamayo   upgrades Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) from Market Perform to Outperform and maintains the price target from $34 to $34.</p>


Upgrades

Raymond James Upgrades Wesbanco to Outperform, Maintains Price Target to $34

<p>At the end of December 08, 2023, <b>WaFd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAFD#NASDAQ">WAFD</a>)</b> will reward its shareholders with a dividend payout of $0.25 per share, demonstrating an annualized dividend yield of 3.96%. Remember, only investors who held the stock before the ex-dividend date on November 22, 2023 will receive this payout.</p>
<h3>WaFd Recent Dividend Payouts</h3>
<style>
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        th, td {
            padding: 8px;
            text-align: left;
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        th {
            background-color: #293a5a;
            color: #fff;
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            text-align: left;
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            font-weight: bold;
            color: #0d6efd;
        }

        .dividend-frequency {
            font-size: 12px;
            color: #6c757d;
        }
    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-11-22</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>3.96%</td>
<td>2023-11-14</td>
<td>2023-11-24</td>
<td>2023-12-08</td>
</tr>
<tr>
<td>2023-08-24</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>3.33%</td>
<td>2023-08-15</td>
<td>2023-08-25</td>
<td>2023-09-08</td>
</tr>
<tr>
<td>2023-05-18</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>3.91%</td>
<td>2023-05-09</td>
<td>2023-05-19</td>
<td>2023-06-02</td>
</tr>
<tr>
<td>2023-02-23</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>2.78%</td>
<td>2023-02-14</td>
<td>2023-02-24</td>
<td>2023-03-10</td>
</tr>
<tr>
<td>2022-11-17</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>2.52%</td>
<td>2022-11-08</td>
<td>2022-11-18</td>
<td>2022-12-02</td>
</tr>
<tr>
<td>2022-08-18</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>2.79%</td>
<td>2022-08-09</td>
<td>2022-08-19</td>
<td>2022-09-02</td>
</tr>
<tr>
<td>2022-05-19</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>3.11%</td>
<td>2022-05-10</td>
<td>2022-05-20</td>
<td>2022-06-03</td>
</tr>
<tr>
<td>2022-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>2.7%</td>
<td>2022-01-25</td>
<td>2022-02-04</td>
<td>2022-02-18</td>
</tr>
<tr>
<td>2021-11-04</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>2.55%</td>
<td>2021-10-26</td>
<td>2021-11-05</td>
<td>2021-11-19</td>
</tr>
<tr>
<td>2021-08-05</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>2.88%</td>
<td>2021-07-27</td>
<td>2021-08-06</td>
<td>2021-08-20</td>
</tr>
<tr>
<td>2021-05-06</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>2.8%</td>
<td>2021-04-27</td>
<td>2021-05-07</td>
<td>2021-05-21</td>
</tr>
<tr>
<td>2021-02-04</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>3.24%</td>
<td>2021-01-26</td>
<td>2021-02-05</td>
<td>2021-02-19</td>
</tr>
</tbody>
</table>
<p>In terms of dividend yield, WaFd finds itself in the middle ground among its industry peers, while <b>Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>)</b> takes the lead with the highest annualized dividend yield at 5.05%.</p>
<h3>Analyzing WaFd Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1702047927_0.png" alt="dividend chart graph" /></p>
<p>During the period of 2019 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.82 to $0.96, reflecting the company's focus on providing greater returns to its shareholders.</p>
<h3>YoY Earnings Growth For WaFd</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1702047927_1.png" alt="earning chart graph" /></p>
<p>The earnings chart illustrates an increase in WaFd's earnings per share, from $2.62 in 2019 to $3.39 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.</p>
<h3>Recap</h3>
<p>In this article, we delve into WaFd's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.25 per share today, resulting in an annualized dividend yield of 3.96%.</p>
<p>In terms of dividend yield, WaFd finds itself in the middle ground among its industry peers, while Wesbanco takes the lead with the highest annualized dividend yield at 5.05%.</p>
<p>With an increase in dividend per share and earnings per share from 2019 to 2022, WaFd demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.</p>
<p>Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.</p>
<p>\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Dividends

WAFD

Overcoming Challenges and Adapting: WaFd Navigates to Reward InvestorsDriving Profitability and Investor Rewards: WaFd Delivers Strong Performance and Growing Profits

WesBanco Increases Quarterly Dividend From $0.35 To $0.36/Share

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Janus Henderson Group plc Ordinary Shares

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METROCITY BANKSHARES INC by MetroCity Bankshares Inc.

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Shares of broader financial stocks are trading higher amid overall market strength after October CPI data showed softer-than-expected inflation.

<p>By the close of today, November 14, 2023, <b>Northwest Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWBI#NASDAQ">NWBI</a>)</b> will issue a dividend payout of $0.20 per share, resulting in an annualized dividend yield of 8.15%. Only those investors who owned the stock prior to the ex-dividend date on November 01, 2023 will receive this payout.</p>
<h3>Northwest Bancshares Recent Dividend Payouts</h3>
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            background-color: #293a5a;
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            font-size: 12px;
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    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-11-01</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>8.15%</td>
<td>2023-10-23</td>
<td>2023-11-02</td>
<td>2023-11-14</td>
</tr>
<tr>
<td>2023-08-02</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>6.83%</td>
<td>2023-07-24</td>
<td>2023-08-03</td>
<td>2023-08-14</td>
</tr>
<tr>
<td>2023-05-03</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>6.98%</td>
<td>2023-04-24</td>
<td>2023-05-04</td>
<td>2023-05-15</td>
</tr>
<tr>
<td>2023-02-01</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>5.79%</td>
<td>2023-01-23</td>
<td>2023-02-02</td>
<td>2023-02-14</td>
</tr>
<tr>
<td>2022-11-02</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>5.79%</td>
<td>2022-10-24</td>
<td>2022-11-03</td>
<td>2022-11-14</td>
</tr>
<tr>
<td>2022-08-03</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>6.12%</td>
<td>2022-07-25</td>
<td>2022-08-04</td>
<td>2022-08-15</td>
</tr>
<tr>
<td>2022-05-04</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>6.03%</td>
<td>2022-04-25</td>
<td>2022-05-05</td>
<td>2022-05-16</td>
</tr>
<tr>
<td>2022-02-02</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>5.6%</td>
<td>2022-01-24</td>
<td>2022-02-03</td>
<td>2022-02-14</td>
</tr>
<tr>
<td>2021-11-04</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>5.68%</td>
<td>2021-10-25</td>
<td>2021-11-05</td>
<td>2021-11-15</td>
</tr>
<tr>
<td>2021-08-04</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>5.94%</td>
<td>2021-07-26</td>
<td>2021-08-05</td>
<td>2021-08-16</td>
</tr>
<tr>
<td>2021-05-05</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>5.66%</td>
<td>2021-04-26</td>
<td>2021-05-06</td>
<td>2021-05-17</td>
</tr>
<tr>
<td>2021-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.19</td>
<td>5.48%</td>
<td>2021-01-25</td>
<td>2021-02-04</td>
<td>2021-02-15</td>
</tr>
</tbody>
</table>
<p>Northwest Bancshares is the leader in terms of dividend yield compared to its industry peers, with <b>Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>)</b> having the highest annualized dividend yield at 5.54%.</p>
<h3>Analyzing Northwest Bancshares Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1699974335_0.png" alt="dividend chart graph" /></p>
<p>As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.72 in 2019 to $0.80 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.</p>
<h3>YoY Earnings Growth For Northwest Bancshares</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1699974335_1.png" alt="earning chart graph" /></p>
<p>Investors can observe a decrease in Northwest Bancshares's earnings per share from $1.07 in 2019 to $1.03 in 2022. This declining earnings trend may be concerning for income-seeking investors, as it indicates a potential impact on the company's cash dividend payouts. A comprehensive analysis is recommended to understand the factors driving this decrease and evaluate its implications on future dividend payments.</p>
<h3>Recap</h3>
<p>In this article, we explore the recent dividend payout of Northwest Bancshares and its significance for shareholders. The company has decided to distribute a dividend of $0.20 per share today, which equates to an annualized dividend yield of 8.15%.</p>
<p>Northwest Bancshares is the leader in terms of dividend yield compared to its industry peers, with Wesbanco having the highest annualized dividend yield at 5.54%.</p>
<p>Given that Northwest Bancshares has experienced an increase in dividend per share from 2019 to 2022 along with a decrease in earnings per share, it could indicate that the company is prioritizing dividend distribution to shareholders despite challenges in earnings growth.</p>
<p>To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.</p>
<p>[Track real-time stock fluctuations for Northwest Bancshares on Benzinga.](https://www.benzinga.com/quote/<b>Northwest Bancshares (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwbi#NASDAQ">NWBI</a>)</b>)</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Small Cap

NWBI

Navigating Challenges and Investor Rewards: Northwest Bancshares Ensures Steady Distribution amidst Changing Profits

<p>Piper Sandler  analyst Casey Orr Whitman   maintains Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) with a Neutral and lowers the price target from $27 to $26.</p>


Piper Sandler Maintains Neutral on Wesbanco, Lowers Price Target to $26

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Earnings Scheduled For October 25, 2023