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Webster Financial Corp. - WBS STOCK NEWS

Welcome to our dedicated news page for Webster Financial (Ticker: WBS), a resource for investors and traders seeking the latest updates and insights on Webster Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Webster Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Webster Financial's position in the market.

Rhea-AI Summary
Webster Financial Corporation (NYSE:WBS) has declared dividends for its common stock and preferred stock. The quarterly cash dividend for common shares is $0.40 per share and will be payable on November 13, 2023. The dividend for Series F Preferred Stock is $328.125 per share and will be payable on December 15, 2023. The dividend for Series G Preferred Stock is $16.25 per share and will be payable on January 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
dividends
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Rhea-AI Summary
Webster Financial Corporation reported net income of $222.3 million for Q3 2023, compared to $229.8 million in Q3 2022. The results include charges of $61.6 million related to the merger with Sterling Bancorp. Excluding these charges, adjusted earnings per diluted share would have been $1.551. Revenue was $677.5 million, with period end loans and leases balance of $50.1 billion and period end deposits balance of $60.3 billion. Return on average assets was 1.23 percent, and net interest margin was 3.49 percent.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.06%
Tags
-
Rhea-AI Summary
Webster Financial Corporation announces details for its Q3 2023 earnings release and conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
Rhea-AI Summary
Webster Bank emphasizes commitment to data security and privacy in its 2022 Corporate Responsibility Report.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
Tags
none
-
Rhea-AI Summary
Webster Bank recognized as Corporate Citizen of the Year by Long Island Business News
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.81%
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none
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Rhea-AI Summary
Webster Bank emphasizes high standards of ethics and transparency with comprehensive corporate governance policies. They introduced a new Code of Business Conduct and Ethics in 2022. Risk Committee held 7 meetings in 2022. Webster takes a comprehensive approach to risk management with a focus on climate-related risks. Compliance training is a critical priority for safety and soundness practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
none
Rhea-AI Summary
Kristy Berner appointed as EVP, General Counsel and Corporate Secretary of Webster Financial Corporation and Webster Bank.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
management
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Rhea-AI Summary
Webster Bank celebrates its 2023 Intern Class
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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none
-
Rhea-AI Summary
Webster Bank ranked in top 10 in Bank Director’s RankingBanking Survey for banks with $50B+ in assets. Only New England-based bank at that level.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
Rhea-AI Summary
Webster Bank emphasizes comprehensive governance structures and ethical business conduct in its Corporate Responsibility Report.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
Webster Financial Corp.

NYSE:WBS

WBS Rankings

WBS Stock Data

7.93B
169.90M
0.96%
88.14%
1.82%
Commercial Banking
Finance and Insurance
Link
US
Waterbury

About WBS

at webster, living up to you ™ is a promise we make to our customers and communities every day. it’s a promise to understand what matters most to them - and provide the solutions they need to achieve it. it’s about putting people first - helping individuals, families and businesses to reach their financial goals and build rewarding lives. and it’s acting with responsibility, respect, ethical behavior, citizenship and teamwork -- the values webster was founded on in 1935. we call these values the webster way. they bring us together, and set us apart. webster bank., n.a., member fdic. equal housing lender. © 2016 webster financial corporation. all rights reserved.