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Massiani becomes Senior Executive Vice President and President of Webster Bank; Motl elevated to Senior Executive Vice President Webster Bank announced today that two members of its executive management team have been promoted. Luis Massiani has been promoted to Senior Executive...
2023-04-01 14:41:00 ET Short sellers gained $14.3B in unrealized profit from betting against stocks within the global banking sector in March, a tumultuous month marked by three regional bank failures that sparked contagion fears, according to a recent report from analytics firm S3 Part...
2023-04-01 11:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
STAMFORD, CT / ACCESSWIRE / March 29, 2023 / Webster Bank, together with Career Resources, Inc. (CRI), a leading workforce development non-profit serving Bridgeport, Connecticut, announced an exclusive partnership on their latest ground-breaking initiative, "The Bridge on Main," which wil...
Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that it has raised its prime lending rate to 8.00 percent from 7.75 percent, effective March 23, 2023. About Webster Webster Financial Corporation (NYSE:WBS...
2023-03-15 12:52:31 ET Crowning Western Alliance Bancorp ( WAL ) as its top buy (price target of $15) among 19 mid-cap banks that UBS initiated coverage on Wednesday, analysts believe that these regional banks are in "no man's land", with funding and credit concerns in focus, and ...
2023-03-15 12:43:30 ET UBS on Wednesday launched coverage of 19 mid-cap banks in the U.S. with a "relatively cautious" view, given macroeconomic and interest rate uncertainty. Funding and credit will likely be negatively hit in a higher-for-longer environment. "We think consen...
2023-03-13 05:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2023-03-06 23:01:05 ET Summary Kahn Brothers’ 13F portfolio value increased from ~$642M to ~$760M this quarter. Most of the stakes saw minor adjustments during the quarter. The portfolio continues to be very concentrated with the top five positions accounting for ~49% o...
Summary IVOV tracks the S&P Mid-Cap 400 Value Index. Valuation metrics are not much cheaper than in the parent index S&P 400. I compare it to competitors regarding several points. Two common shortcomings in value indexes. IVOV Strategy and Portfolio The...
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Neal Holland to assume CFO role following Glenn MacInnes’ retirement Former OCC Deputy Comptroller Bill Haas joins Board of Directors Webster Financial Corporation (NYSE: WBS) (“Webster” or “the Company”), the holding company, for Webster...
Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., today announced the following details for its second quarter 2024 earnings release and conference call: About Webster Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank...
2024-07-03 10:00:09 ET Casey Haire from Jefferies issued a price target of $51.00 for WBS on 2024-07-03 08:38:00. The adjusted price target was set to $51.00. At the time of the announcement, WBS was trading at $45.13. The overall price target consensus is at $61.50 with...