Webster Financial (WBS) Declares $0.40 Quarterly Dividend; 3.1% Yield
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Go back to Webster Financial (WBS) Declares $0.40 Quarterly Dividend; 3.1% Yield
April 20, 2021 6:25 AM EDT
Wells Fargo analyst Jared Shaw raised the price target on Webster Financial (NYSE: WBS) to $55.00 (from $53.00) while maintaining a Equal Weight rating.... More
April 20, 2021 6:12 AM EDT
RBC Capital analyst Steven Duong raised the price target on Webster Financial (NYSE: WBS) to $62.00 (from $61.00) while maintaining a Outperform rating.... More
April 20, 2021 12:24 AM EDT
Morgan Stanley analyst Ken Zerbe raised the price target on Webster Financial (NYSE: WBS) to $63.00 (from $60.00) while maintaining a Equalweight rating.... More
April 19, 2021 6:51 AM EDT
Webster Financial (NYSE: WBS) reported Q1 EPS of $1.17, $0.25 better than the analyst estimate of $0.92. Revenue for the quarter came in at $300.5 million versus the consensus estimate of $230.8 million.
For earnings history and earnings-related data on Webster Financial (WBS) click here.
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April 19, 2021 6:50 AM EDT
Webster Financial Corporation (NYSE: WBS) ("Webster") and Sterling Bancorp (NYSE: STL) ("Sterling") jointly announced today that their boards of directors have approved by unanimous vote a definitive agreement under which the two companies will combine in an all-stock merger of equals transaction with a total market value of approximately $10.3 billion.
Under the terms of the agreement, Sterling will merge into Webster, and Sterling's shareholders will receive a fixed exchange ratio of 0.463 of a Webster share for each share of Sterling stock they own. Following the closing of the... More
