Webster Financial Corporation (WBS) News
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Latest WBS News From Around the Web
Below are the latest news stories about WEBSTER FINANCIAL CORP that investors may wish to consider to help them evaluate WBS as an investment opportunity.
Earnings Preview: Webster Financial (WBS) Q4 Earnings Expected to DeclineWebster Financial (WBS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
Webster Financial Corporation Announces Q4 2024 Earnings Release and Conference CallSTAMFORD, Conn., January 07, 2025--Webster Announces Q42024 Earnings Release and Conference Call |
Webster Financial Rides on Top-Line Growth Amid Higher ExpensesWBS' acquisitions, solid loan & deposit growth and rising NII and fee income support its top-line expansion. Yet, an elevated cost base is a concern. |
Webster Lowers Prime Lending Rate to 7.50 PercentSTAMFORD, Conn., December 18, 2024--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has lowered its prime lending rate to 7.50 percent from 7.75 percent, effective December 19, 2024. |
Webster Financial (NYSE:WBS) Eyes Growth in Health Savings Accounts Amid CRE Challenges and Shareholder ReturnsWebster Financial is making strides with a 3.6% growth in deposits, driven by increases in demand deposit accounts, commercial deposits, and Health Savings Accounts. Despite these gains, the company faces challenges with its commercial real estate portfolio, particularly in traditional office spaces, which have seen a rise in nonaccrual loans. The following report delves into Webster's strategic initiatives, financial performance, and the risks and opportunities that could shape its future... |
Webster Financial price target raised to $69 from $63 at BarclaysBarclays analyst Jared Shaw raised the firm’s price target on Webster Financial (WBS) to $69 from $63 and keeps an Overweight rating on the shares. The firm says differences in fixed rate asset repricing dynamics are expected to drive net interest margin “winners and losers in what’s becoming a stock-picker’s market” into 2025 for the mid-cap banks. Barclays updated its price targets and estimates for the yield curve and its broader outlook. It is ahead of the Street on 2025 and 2026 earnings es |
Institutional owners may ignore Webster Financial Corporation's (NYSE:WBS) recent US$372m market cap decline as longer-term profits stay in the greenKey Insights Significantly high institutional ownership implies Webster Financial's stock price is sensitive to their... |
Marathon Asset Management and Webster Bank Provide Senior Secured Financing for Littlejohn’s Acquisition of Sunbelt ModularNEW YORK, November 21, 2024--Marathon Asset Management ("Marathon"), a leading global credit manager with more than $23 billion of assets under management, and Webster Bank, N.A. ("Webster Bank"), a leading commercial bank in the Northeast with $79 billion in total assets, are pleased to announce the closing of a senior-secured financing agreement for Sunbelt Modular, Inc. ("Sunbelt" or the "Company") to support its acquisition by funds advised by Littlejohn & Co., LLC ("Littlejohn"). Sunbelt is |
Webster Lowers Prime Lending Rate to 7.75 PercentSTAMFORD, Conn., November 07, 2024--Webster Lowers Prime Lending Rate to 7.75 Percent |
Is Webster Financial Corporation (WBS) The Best Mid Cap Value Stock To Invest In?We recently compiled a list of the 10 Best Mid Cap Value Stocks To Invest In. In this article, we are going to take a look at where Webster Financial Corporation (NYSE:WBS) stands against the other best mid cap value stocks to invest in. Mid-Cap Stocks are Better in the Near Term An easing cycle coupled […] |