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.
Total return — INDB vs WSBCO
growth of $100 · dividends reinvested · last 1yINDB 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
| Metric | INDB | WSBCO |
|---|---|---|
| P/E ratio | 14.33 | 7.01 |
| Forward P/E | 11.07 | 6.93 |
| PEG ratio | 3.50 | 1.40 |
| P/S ratio | 3.06 | 2.56 |
| P/B ratio | 1.09 | N/A |
Profitability
| Metric | INDB | WSBCO |
|---|---|---|
| Operating margin | 22.66% | 19.68% |
| Net margin | 21.64% | 23.50% |
| ROE | 7.73% | 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
| Metric | INDB | WSBCO |
|---|---|---|
| Dividend yield | 3.15% | 7.72% |
| Payout ratio | 45.31% | 54.12% |
Growth (annualized)
| Metric | INDB | WSBCO |
|---|---|---|
| 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%.
Go deeper
Dig into the metrics
Independent Bank & WesBanco appear in these rankings
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.