Webster Lowers Prime Lending Rate to 7.50 Percent
Webster Financial Corporation (WBS)
Last webster financial corporation earnings: 4/21 07:30 am
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Source: Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has lowered its prime lending rate to 7.50 percent from 7.75 percent, effective December 19, 2024.About WebsterWebster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. Webster is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country’s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with $79 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC an
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WBS
News
- Webster Financial Co. (NYSE: WBS) is now covered by analysts at UBS Group AG. They set a "buy" rating on the stock.MarketBeat
- Webster Financial (NYSE:WBS) Eyes Growth in Health Savings Accounts Amid CRE Challenges and Shareholder Returns [Yahoo! Finance]Yahoo! Finance
- Webster Financial Co. (NYSE: WBS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Institutional owners may ignore Webster Financial Corporation's (NYSE:WBS) recent US$372m market cap decline as longer-term profits stay in the green [Yahoo! Finance]Yahoo! Finance
- Webster Financial Co. (NYSE: WBS) had its price target raised by analysts at Barclays PLC from $63.00 to $69.00. They now have an "overweight" rating on the stock.MarketBeat
WBS
Earnings
- 10/17/24 - Miss
WBS
Sec Filings
- 12/3/24 - Form 4
- 11/29/24 - Form 144
- 11/27/24 - Form 4
- WBS's page on the SEC website