STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, today announced the following details for its third q
Webster Financial Corporation has seen significant increases in Q2'23 revenues and net income. The company operates through five principle verticals, positioning itself to access capital and be resili
Webster Financial's (WBS) strong balance sheet position, revenue growth and cost saving efforts are positives. However, an unsound liquidity position and commercial loan concentration are woes.
A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.
Moody's Investors Service lowered the ratings for 10 banks, including US Bancorp, Bank of New York Mellon, State Street, and Truist Financial.
Ratings agency Moody's said the U.S. banking sector is still strong even after it downgraded several small to mid-sized lenders and warned it might cut the ratings of several major banks.
Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.

Moody's Cuts Ratings at 10 US Banks

11:43am, Tuesday, 08'th Aug 2023
US bank stocks declined after Moody's Investors Service lowered its ratings for 10 small and midsize lenders and said it may downgrade major firms including U.S. Bancorp, Bank of New York Mellon Cor
The SPDR S&P Regional Banking ETF (KRE) fell by more than 3% and was on track for its worst day since May 4.
A rise in NII, decent loan demand, higher rates and a decline in expenses aid Webster Financial's (WBS) Q2 earnings. However, a decline in non-interest income ails.
Webster Financial (WBS) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.29 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.
Webster Financial has shown decent growth with a return on average tangible common equity of 20.98% and is predicted to see stronger earnings due to rising interest rates. The company has a diversifie
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, today announced the following details for its second
Sandy Villere, partner and portfolio manager at Villere & Co., joins 'The Exchange' to discuss opportunities in regional banks and investing in money market accounts.
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