{ }
001122334455554433221100
001122334455554433221100

ubs raises midcap bank earnings estimates amid mixed sector performance

UBS has raised its 2025 earnings per share estimates for U.S. midcap banks by an average of 4%, driven by improved net interest income and deposit repricing, while 2026 estimates saw a 1% decline due to company-specific factors. Key performers include Bank OZK, Webster Financial, and Pinnacle Financial, while Comerica and First Horizon lagged. Webster Financial's strong fourth-quarter results led to increased price targets from RBC Capital and Raymond James, despite a revenue miss.

Webster Financial Sees Increased Institutional Investment Amid Analyst Ratings Adjustments

Corporate insiders hold 0.88% of Webster Financial's stock, while institutional investors own 85.58%. Dimensional Fund Advisors LP and Point72 Asset Management significantly increased their stakes, with the latter boosting its position by 64.9%. Analysts have a "Moderate Buy" rating on the stock, with a consensus price target of $59.00, despite a recent earnings miss. Insiders have sold a total of 37,250 shares worth over $2 million in the last 90 days.

webster financial sees significant institutional investment and mixed analyst ratings

Corporate insiders hold 0.88% of Webster Financial's stock, while institutional investors own 85.58%. Dimensional Fund Advisors LP and Point72 Asset Management L.P. significantly increased their stakes, with the latter boosting its position by 64.9%. Analysts have a "Moderate Buy" rating on the stock, with a consensus price target of $59.00, despite a recent earnings miss. Insiders have sold a total of 37,250 shares worth over $2 million in the last 90 days.

Webster Financial Corporation Receives Buy Rating from UBS

Webster Financial Corporation, the parent company of Webster Bank and HSA Bank, has received a Buy rating from UBS. The company operates through three segments: Commercial Banking, which caters to larger businesses; HSA Bank, offering various health and retirement solutions; and Consumer Banking, with a network of 198 banking centers and 349 ATMs across southern New England and New York.

ubs acquires webster financial corporation expanding banking and health services

Webster Financial Corporation, the parent company of Webster Bank and HSA Bank, operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment caters to businesses with sales exceeding two million dollars, while HSA Bank provides consumer-managed health and welfare benefits solutions. The Consumer Banking segment features a network of approximately 198 banking centers and 349 ATMs across southern New England and New York, offering a full range of online and mobile banking services.
16:11 21.10.2024

webster financial corporation receives buy rating from ubs

Webster Financial Corporation, the parent company of Webster Bank and HSA Bank, has received a Buy rating from UBS. The company operates through three segments: Commercial Banking, which caters to larger businesses; HSA Bank, offering various health and retirement solutions; and Consumer Banking, with a network of 198 banking centers and 349 ATMs across southern New England and New York.
16:11 21.10.2024
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.