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WBS / Down 11.5% in 4 Weeks, Here's Why Webster Financial (WBS) Looks Ripe for a Turnaround

Down 11.5% in 4 Weeks, Here's Why Webster Financial (WBS) Looks Ripe for a Turnaround
Webster Financial (WBS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. Read More
Posted: Dec 12 2022, 11:17
Author Name: Zacks Investment Research
Views: 111723

WBS News  

Webster Financial (WBS) Declines 2.9% Despite Q3 Earnings Beat

By Zacks Investment Research
October 23, 2023

Webster Financial (WBS) Declines 2.9% Despite Q3 Earnings Beat

A rise in revenues and a slight fall in provisions support Webster Financial's (WBS) Q3 earnings. However, higher operating costs and lower fee income more_horizontal

Webster Financial Corporation (WBS) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 19, 2023

Webster Financial Corporation (WBS) Q3 2023 Earnings Call Transcript

Webster Financial Corporation (WBS) Q3 2023 Earnings Call Transcript more_horizontal

Webster Financial (WBS) Q3 Earnings Surpass Estimates

By Zacks Investment Research
October 19, 2023

Webster Financial (WBS) Q3 Earnings Surpass Estimates

Webster Financial (WBS) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to more_horizontal

Webster Financial Corporation Announces Q3 2023 Earnings Release and Conference Call

By Business Wire
October 10, 2023

Webster Financial Corporation Announces Q3 2023 Earnings Release and Conference Call

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, tod more_horizontal

While The Market Remains Overcautious, Webster Is In Excellent Financial Condition

By Seeking Alpha
October 10, 2023

While The Market Remains Overcautious, Webster Is In Excellent Financial Condition

Webster Financial Corporation has seen significant increases in Q2'23 revenues and net income. The company operates through five principle verticals, more_horizontal

Organic Growth Aids Webster Financial (WBS), Higher Debt Ails

By Zacks Investment Research
September 7, 2023

Organic Growth Aids Webster Financial (WBS), Higher Debt Ails

Webster Financial's (WBS) strong balance sheet position, revenue growth and cost saving efforts are positives. However, an unsound liquidity position more_horizontal

Webster Financial (WBS) Up 2.8% on Q2 Earnings Beat, NII Rise

By Zacks Investment Research
July 21, 2023

Webster Financial (WBS) Up 2.8% on Q2 Earnings Beat, NII Rise

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-interes more_horizontal

Webster Financial (WBS) Surpasses Q2 Earnings Estimates

By Zacks Investment Research
July 20, 2023

Webster Financial (WBS) Surpasses Q2 Earnings Estimates

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 more_horizontal


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