Independent Bank Corp. (INDB) vs WesBanco, Inc. (WSBCO)

A side-by-side comparison of Independent Bank Corp. and WesBanco, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — INDB vs WSBCO

growth of $100 · dividends reinvested · last 1y
INDB +17.7% (+17.7%/yr)WSBCO +5.7% (+5.7%/yr)INDB compounded faster over this window
100110120Start $1002026$118$106
INDB WSBCO

INDB vs WSBCO: by the numbers

  • •WSBCO is the larger company ($3.87B vs $3.83B market cap).
  • •WSBCO trades at the lower trailing earnings multiple (7.01 vs 14.33 P/E), one valuation lens rather than an overall verdict.
  • •WSBCO converts more revenue to profit (23.50% vs 21.64% net margin).
  • •INDB grew revenue faster over the past five years (20.53% vs 19.04% CAGR).
  • •WSBCO pays the higher dividend yield (7.72% vs 3.15%).

Metrics side by side

Valuation

MetricINDBWSBCO
P/E ratio14.337.01
Forward P/E11.076.93
PEG ratio3.501.40
P/S ratio3.062.56
P/B ratio1.09N/A

Profitability

MetricINDBWSBCO
Operating margin22.66%19.68%
Net margin21.64%23.50%
ROE7.73%8.66%

Independent Bank Corp.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

WesBanco, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

MetricINDBWSBCO
Dividend yield3.15%7.72%
Payout ratio45.31%54.12%

Growth (annualized)

MetricINDBWSBCO
Revenue CAGR (5Y)20.53%19.04%
EPS CAGR (5Y)4.10%4.89%
Total return CAGR (5Y)4.05%N/A

Frequently asked

Which has the lower trailing P/E, INDB or WSBCO?
WSBCO has the lower trailing P/E: INDB trades at 14.33 and WSBCO at 7.01. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, INDB or WSBCO?
Over the past five years, INDB grew revenue faster — INDB at a 20.53% CAGR versus WSBCO at 19.04%.
Does INDB or WSBCO pay a bigger dividend?
INDB yields 3.15% and WSBCO yields 7.72% based on trailing dividends and the latest price.
Is INDB or WSBCO more profitable?
WSBCO runs the higher net margin — INDB at 21.64% versus WSBCO at 23.50%.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.