Webster Financial Corporation (WBS)
|Net Income (ttm)||321.69M|
|Ex-Dividend Date||Aug 2, 2021|
|Day's Range||48.53 - 49.89|
|52-Week Range||22.82 - 62.80|
|Price Target||61.00 (+25.3%)|
|Est. Earnings Date||Oct 21, 2021|
Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Community Banking. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and ... [Read more...]
In 2020, WBS's revenue was $1.04 billion, a decrease of -13.61% compared to the previous year's $1.20 billion. Earnings were $220.62 million, a decrease of -42.35%.Financial Statements
According to 12 analysts, the average rating for WBS stock is "Buy." The 12-month stock price forecast is 61.00, which is an increase of 25.28% from the latest price.
Webster Financial (WBS) and Sterling (STL) receive shareholder nod for the merger deal, reflecting the companies' confidence in the rationale and synergies of the merger.
Webster's (WBS) Q2 earnings reflect lower revenues and improved deposits, amid a low-rate economy that hurt margins.
Webster Financial (WBS) delivered earnings and revenue surprises of 21.00% and -0.31%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Webster Financial (NYSE:WBS) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 112.28% over the past year to $1.21, which beat the estim...
WATERBURY, Conn., July 22, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.
Webster Financial (WBS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in rev...
WATERBURY, Conn., July 19, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A.
Webster Financial (WBS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WATERBURY, Conn., July 7, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.
Webster Financial (WBS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Webster Financial (WBS) reported earnings 30 days ago. What's next for the stock?
They've sparked doubt from the market, but we can learn more about them from this example.
Bank M&As shot up in April. Banks like Webster (WBS), BancorpSouth (BXS), New York Community (NYCB), Independent Bank (INDB), Guaranty Bancshares (GNTY), PNC Financial (PNC) & BankUnited (BKU) have eith...
Strong fundamentals and growth prospects make Webster (WBS) stock a wise investment option now.
Recently, Webster Financial Corp and Sterling Bancorp announced they were joining hands in a merger of equals.
Webster Financial (NYSE:WBS) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 0 0 1 Somewhat Bullish 1 1 0 1 Indifferent...
WATERBURY, Conn., April 21, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.
Webster Financial's (WBS) Q1 results largely driven by higher deposit balance, while escalating expenses and near-zero interest rates play spoilsport.
NEW YORK, April 19, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sterling Bancorp ("Sterling" or the "C...