Webster Reports Second Quarter 2024 EPS of $1.03; Adjusted EPS of $1.26

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Go back to Webster Reports Second Quarter 2024 EPS of $1.03; Adjusted EPS of $1.26

Webster Financial (WBS) PT Lowered to $51 at RBC Capital

July 24, 2024 6:32 AM EDT

RBC Capital analyst Steven Duong lowered the price target on Webster Financial (NYSE: WBS) to $51.00 (from $54.00) while maintaining a Outperform rating.

The analyst comments "We are recapping 2Q results. Core results reflected modestly higher spread revenues, lower core fees, and a higher... More