10 Most Undervalued Bank Stocks to Buy Now

8. WesBanco Inc. (NASDAQ:WSBC)

WesBanco Inc. (NASDAQ:WSBC) is one of the 10 most undervalued bank stocks to buy now.

On April 7, Jon Arfstrom from RBC Capital increased the price target on WesBanco Inc. (NASDAQ:WSBC) from $36 to $38 while maintaining a Sector Perform rating on the stock based on earnings reviews of the first quarter for regional banks. It is essential to mention that the sentiment has not really changed in comparison to the point of view of the last quarter’s earnings results.

RBC remains very positive about the fundamentals that will lead to the success of the earnings reports, which will be characterized by an increase in loans and revenues. The positive sentiment caused by the favorable loan situation, regulations, and fundamentals may bring great success in the top line, thanks to operational leverage in 2026. These factors offer good enough reasons to look out for this undervalued banking stock, which currently offers an impressive upside potential to investors.

Back on March 12, WesBanco Inc. (NASDAQ:WSBC) unveiled plans for expanding its commercial banking operations into high-potential South Florida regions, starting with Palm Beach and Broward counties. The company is pursuing an organic growth path by targeting its services to clients in relationship-based regions.

According to Jeff Jackson, President and CEO of WesBanco, South Florida regions are crucial growth drivers due to their relationship management skills and expertise within the region. WesBanco has appointed Eddy Rodriguez as its EVP and Regional President for South Florida.

WesBanco Inc. (NASDAQ:WSBC) is a community-focused bank delivering retail and commercial banking services, along with wealth management, brokerage, and insurance offerings. It also lends money for community development projects as well as tax credit loans.