Wesbanco EVP Scott Love sells $120,375 in stock after option exercise
On November 5, 2026, Wesbanco Inc.'s Executive Vice President of Wealth Management, Scott A. Love, exercised options to acquire 3,000 shares of the company's common stock. Love sold these shares for a total of $120,375, with each share priced between $40.12 and $40.13. Specifically, he sold 1,500 shares at $40.13 and another 1,500 shares at $40.12.
Prior to selling, Love had exercised options to purchase 1,500 shares at $21.55 and another 1,500 shares at $38.78. This transaction comes as Wesbanco shares are near their 52-week high of $43.02, currently trading at $38.59. The stock, according to InvestingPro analysis, appears undervalued at present levels, boasting a P/E ratio of 11.06 and offering a dividend yield of 3.94%.
Love now holds 25,228.633 shares directly. WesBanco reported its Q3 2026 earnings, showing EPS of $0.89, slightly above Wall Street's estimate of $0.88. Despite mixed results with revenue falling just below forecast, WesBanco cited loan growth, margin improvement, and stronger deposit accumulation as key positive factors. The company continues to focus on enhancing core financial metrics amid fluctuating market conditions.
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