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Stephens analyst Matthew Breese upgrades Webster Financial ([[WBS]] -1.3%) to Overweight, saying the stock's selloff in the wake of its merger-of-equals agreement with Sterling Bancorp was overdone.On April 19, Webster and Sterling announced the agreement in which Sterling shareholders will g...
Webster Financial Corporation (WBS) Q1 2021 Earnings Conference Call April 20, 2021 9:00 a.m. ET Company Participants Kristen Manginelli - Director, IR John Ciulla - Chairman and CEO Jack Kopnisky - President and CEO, Sterling Luis Massiani - COO, Sterling Glenn MacInnes - CFO Bea Ordonez - C...
The following slide deck was published by Webster Financial Corporation in conjunction with their 2021 Q1 earnings call. For further details see: Webster Financial Corporation 2021 Q1 - Results - Earnings Call Presentation
Webster Financial (WBS) and Sterling Bancorp (STL) agree to combine in an all-stock merger that will create a company with a total market value of ~$10.3B.Under the agreement, Sterling shareholders will get a fixed exchange ratio of 0.463 WBS share for each share of STL stock they own.That va...
Webster Financial (WBS): Q1 Non-GAAP EPS of $1.25 beats by $0.35; GAAP EPS of $1.17 beats by $0.27.Revenue of $300.5M (-1.2% Y/Y) beats by $0.95M.Press Release For further details see: Webster Financial EPS beats by $0.35, beats on revenue
Webster Reports First Quarter 2021 Earnings Of $1.17 Per Diluted Share PR Newswire WATERBURY, Conn. , April 19, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank , N.A. and its HSA Bank division, today announ...
Webster + Sterling: Creating Scale, Unlocking Growth and Value - Uniting strong banks with complementary strategies to create a powerhouse Northeast player with $63 billion in assets and $52 billion in deposits - Unlocking compelling revenue growth opportunities in commercia...
Webster Financial Corporation Announces First Quarter 2021 Earnings Release and Conference Call PR Newswire WATERBURY, Conn. , April 7, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank , N.A. and its HSA Ban...
Last year, our focus was on cheap too big to fail banks. These have been appreciated generously since then. As the lift on the dividend cap seems unavoidable, banks are one of the most attractive industries to be exposed to. For further details see: We're Buying Banks Ha...
Trading Webster Financial (NYSE: WBS) or any other stock for that matter requires a degree of disciple that not every investor has. Even those that have discipline often fail to adhere to those disciplines sometimes, and this can cause problems, but hopefully the guides below will...
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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...