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Stock impact report

Webster Lowers Prime Lending Rate to 7.75 Percent

Webster Financial Corporation (WBS) 
Last webster financial corporation earnings: 4/21 07:30 am Check Earnings Report
US:NYSE Investor Relations: webster.gcs-web.com/investor-overview
Company Research 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 7.75 percent from 8.00 percent, effective November 8, 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 and Show less Read more
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