Eye Catching News: WesBanco (NASDAQ:WSBC)

WesBanco (NASDAQ:WSBC) changed -0.28% to recent value of $35.19. The stock transacted 104632 shares during most recent day however it has an average volume of 115.32K shares. It spotted trading -31.16% off 52-week high price. On the other end, the stock has been noted 3.08% away from the low price over the last 52-weeks.

WesBanco (NASDAQ:WSBC), a diversified, multi-state bank holding company, released that its affiliate, WesBanco Bank, has appointed Eric Giesecke as Senior Vice President and Chief Marketing Officer.  In this role, Mr. Giesecke will be responsible for the daily operations and strategic direction of the Marketing Department, as well as establishing and communicating the marketing plan to achieve the bank’s objectives and support its brand.

“We are excited to welcome Eric Giesecke to our management team as our new Chief Marketing Officer,” said Jay Zatta, WesBanco Executive Vice President and Chief Banking Officer.  “Eric is a strong leader, who brings a wealth of banking and marketing experience to WesBanco.  He has been responsible for the development and execution of a multi-channel, integrated marketing strategy across diverse geographies and business lines.  We look forward to the opportunities Eric brings to achieve the successful integration of marketing and business strategies as we continue to grow and strengthen our diversified businesses and enhance our strong market positions across our footprint.”

Mr. Giesecke brings more than 20 years of banking experience to WesBanco, including strategic marketing executive and sales professional roles.  Most recently, he was the Head of Corporate & Institutional Bank Marketing for PNC Bank where he led a team of 20 professionals.  Eric brings significant marketing experience in direct, digital, and mass media strategies; brand positioning and differentiated messaging; localized marketing; and the integration of marketing and sales.

WSBC has  an operating margin of 81.40% while its profit margin remained 33.50% for the last 12 months. Its earnings per share (EPS) expected to touch remained 20.00% for this year while earning per share for the next 5-years is expected to reach at 10.00%.

The company has 53.97M of outstanding shares and 52.94M shares were floated in the market. The price moved ahead of -5.95% from the mean of 20 days, -10.49% from mean of 50 days SMA and performed -14.76% from mean of 200 days price. Company’s performance for the week was -0.96%, -12.00% for month and YTD performance remained -4.09%.


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