- Webster Financial had a pretty good second quarter, and there looks to be real strength emerging again in the commercial lending operations.
- The pending merger with Sterling is clearly the bigger driver now, though, with the market skeptical of mergers of equals in general, and not sold on the benefits available here.
- This is a "show me" story tied to Webster Financial management's ability to execute, but the potential returns look attractive today.
For further details see:
Webster Financial Looks Undervalued On Its Post-Merger Potential, But It Has To Convince A Skeptical Market