WesBanco: Price/Book Value Seems Too Low Compared To Peers (NASDAQ:WSBC)

Auditor makes internal audit of company and checks financial report with magnifying glass.

designer491/iStock via Getty Images

Despite the recent rally, WesBanco (NASDAQ:WSBC) remains an undervalued bank based on its equity. Suffice it to say that the Price/Book Value is only 0.67x, while the industry median is 1.04x.

Significant exposure to CRE loans certainly weighs on this

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *