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Webster Financial Corporation - $WBS STOCK NEWS

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

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 Corporation'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 Corporation's position in the market.

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%
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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%
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Rhea-AI Summary
Webster Bank appoints Kelly Giordano as Managing Director of Philanthropy.
Rhea-AI Impact
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End-of-Day
-1.98%
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Rhea-AI Summary
Webster Bank continues to advance plans to create efficiencies and reduce emissions. They have increased their use of renewable energy and purchased renewable energy certificates (RECs) to offset their energy consumption. In 2022, they purchased RECs to match 100% of their annual usage, taking meaningful climate action. Webster Bank has also implemented initiatives to reduce their environmental impact and promote environmentally friendly practices. They have financed commercial loans for renewable energy and environmental remediation projects, totaling approximately $661 million in 2022. The bank is actively developing a risk management framework to address climate-related risks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
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Rhea-AI Summary
Webster Bank (WBS) Receives Three Awards from United Way and Junior Achievement for Philanthropic Support in Westchester-Putnam Counties, Connecticut, and Rhode Island. The awards recognize Webster's $20 million raised over two decades, leadership positions in United Way, and support for Junior Achievement's financial empowerment programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.28%
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Rhea-AI Summary
Webster Financial Corporation (NYSE: WBS) Raises Prime Lending Rate to 8.50 Percent
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
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Rhea-AI Summary
Webster Bank (WBS) Recognized by Connecticut Green Bank for Green Initiatives and Impact on Green Economy - Webster Bank has been recognized by the Connecticut Green Bank for its outstanding partnership and support of Green Bank initiatives, including residential and commercial solar photovoltaic (PV), Green Liberty Bonds, and the Green Bank's Commercial Property Assessed Clean Energy efforts. The 2022 Awards recognize key partners in the Green Bank's network, with Webster Bank being honored for its commitment to promoting environmentally friendly projects and practices throughout communities. The Green Bank has helped create 66,000 clean energy projects since 2011.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
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Rhea-AI Summary
Webster Financial Corporation (WBS) announced Q2 2023 net income of $230.8 million, or $1.32 per diluted share, with revenue of $673.2 million. The company's unique funding profile contributed to consistent earnings in a challenging banking industry. Commercial Banking segment saw a 15.1% increase in net interest income, while HSA Bank division's net interest income rose by 52.2%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
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Rhea-AI Summary
Webster Financial Corporation declares quarterly cash dividends on common stock and preferred stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
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dividends
Rhea-AI Summary
Webster Bank (WBS) emphasizes its commitment to corporate responsibility and values-driven operations in its 2022 Corporate Responsibility Report. The report highlights the organization's dedication to competitive total rewards programs, colleague development, diversity, safety, fair labor practices, and equal opportunities. Webster also introduced the 'Belonging at Webster' course in 2022 to promote a workplace free of discrimination, harassment, and bullying.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
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Webster Financial Corporation

NYSE:WBS

WBS Rankings

WBS Stock Data

8.00B
169.90M
0.96%
88.14%
1.82%
Commercial Banking
Finance and Insurance
Link
United States of America
STAMFORD

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.