Independent Bank vs Wesbanco
Independent Bank and Wesbanco are similar in size: $858m and $981m of revenue in their latest fiscal years. Wesbanco grew faster (61.8% against 24.3%). Independent Bank kept more of each dollar of sales as profit: a net margin of 23.9% against 22.7%.
| Latest fiscal year | Independent BankINDB, 2025 | WesbancoWSBC, 2025 |
|---|---|---|
| Revenue | $858m | $981m |
| Revenue growth | 24.3% | 61.8% |
| Net income | $205m | $223m |
| Operating margin | — | — |
| Net margin | 23.9% | 22.7% |
| Return on equity | 6.3% | 6.5% |
| Free cash flow | $239m | $280m |
| Cash | $772m | $956m |
| Total debt | $826m | $1.62bn |
| Debt to equity | — | — |
| Dividend per share | $2.36 | $1.49 |
| Dividend yield | 2.8% | — |
| Share buybacks | $60.8m | — |
| Employees | 2,294 | 2,969 |
| Market value | $4.01bn | $3.74bn |
| Price vs our value range | — | — |
| Moat score | 67 (Moderate) | 62 (Moderate) |
| Insider trades, 12 months | 0 buys, 10 sales | 11 buys, 20 sales |