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.
A decline in non-interest income impedes Webster Financial's (WBS) Q1 earnings. However, a huge rise in NII, decent loan demand, higher rates and a decline in expenses are the supporting factors.
Webster Financial Corporation (WBS) Q1 2023 Earnings Call Transcript.
Webster Financial: Stable Fundamentals And Cheap Price Makes It A Buy
Jared Shaw, Wells Fargo bank analyst, joins 'The Exchange' to discuss regional banks ahead of the sector reporting earnings.
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q1 2023 Earnings Release and Conference Call.
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