WBS Stock Recent News

Webster Financial Corporation stock was downgraded to "hold" in January after a 41% spike, but has since dropped 16.8%, and is now down some. Despite weak financial results in Q1 2024, shares are attractively priced on a relative basis, with low trading multiples compared to similar firms. With asset quality mixed and shares not yet cheap enough on an absolute basis, the stock isn't ready for an upgrade just yet, though it's inching closer that way.

Webster 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.

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Appoints CFO Successor; Names New Board Member.

Webster Financial (WBS) is close to forming a private credit partnership with Marathon Asset. If finalized, it will underscore their shared commitment to delivering tailored financial solutions.

While the top- and bottom-line numbers for Webster Financial (WBS) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Webster Financial (WBS) came out with quarterly earnings of $1.35 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.49 per share a year ago.

Webster 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.

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q1 2024 Earnings Release and Conference Call.

Last year was one of the slowest in decades for bank mergers. While the deal environment remains harsh, Raymond James sees some potential targets.

Webster Financial's (WBS) inorganic growth initiatives, strong loan pipeline and rising NII support revenue growth. However, high debt and limited liquidity remain concerns.