Dividend Challengers (And Near-Challengers): 51 Increases Expected By May 30
David Fish - at Seeking Alpha - Sun Mar 15, 5:57AM CDT
NBL: 47.84 (+0.26), BBT: 39.81 (+0.25), PDCO: 50.34 (+0.52), CNL: 54.65 (+0.05), NSU: 3.59 (+0.13), WBS: 37.02 (+0.85), LYB: 85.53 (+0.51), NSP: 54.38 (-0.14), SCS: 19.65 (+0.33), MKSI: 36.01 (-0.15), INDB: 44.79 (+0.96), MOV: 24.10 (+0.11), TMK: 55.66 (+0.76), HWCC: 9.59 (-0.04), HNI: 53.85 (+1.02), ISCA: 32.25 (+0.36), IVZ: 41.85 (+0.76), SIG: 126.07 (+0.44), STWD: 24.51 (+0.35), IEX: 76.35 (-0.04), FCZA: 10.83 (-0.07), SXT: 65.80 (+0.92), MELI: 124.59 (+1.68), UDR: 35.16 (+0.91), OII: 52.53 (-0.31), PCAR: 63.61 (+1.02), POOL: 70.43 (+0.65), OXM: 58.38 (-0.08), AWK: 55.02 (+0.68), WSM: 78.70 (-0.72), TSCO: 88.94 (+0.93), WHR: 197.95 (+3.81), JNS: 17.71 (+0.62), MNRK: 12.45 (-0.16), BK: 40.57 (+0.27), LAD: 97.30 (+0.62), XEC: 110.62 (+3.39), MAN: 86.65 (+1.07), MAR: 84.04 (-0.27), POPE: 62.30 (-0.70), WINA: 83.54 (+0.74), TAXI: 9.65 (+0.06), ABB: 21.41 (+0.61), CE: 56.18 (+0.71), LXK: 41.12 (+1.47)
Shares of WBS Up 13.5% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Fri Mar 13, 10:13AM CDT
SmarTrend identified an Uptrend for Webster Financial (NYSE:WBS) on February 3rd, 2015 at $32.06. In approximately 1 month, Webster Financial has returned 13.51% as of today's recent price of $36.39.
WBS: 37.02 (+0.85)
Webster Bank And The Curious Case Of The Dog And The Diamond
Camellia Capital Management - at Seeking Alpha - Tue Mar 10, 2:50PM CDT
IMPR: 13.74 (+0.65), JPM: 61.75 (+0.55), HQY: 25.03 (-0.04), INOV: 31.91 (+1.91), CSLT: 8.82 (-0.56), WBS: 37.02 (+0.85)
Morning Analysis on Banks Equities -- Barclays, Comerica, BankUnited, East West Bancorp, and Webster Financial
PR Newswire - Mon Mar 09, 9:00AM CDT
Editor Note: For more information about this release, please scroll to bottom.
EWBC: 41.13 (+0.33), BCS: 15.32 (+0.35), BKU: 33.55 (+0.85), CMA: 46.63 (+1.08), WBS: 37.02 (+0.85)
Kerrisdale Launches Campaign to Push Webster Into an HSA Spinoff
at The Street - Tue Mar 03, 4:38PM CST
Activist investor Sahm Adrangi is urging the bank to sell off its health savings account business, arguing that the two units would be worth more separately than they are together.
LNN: 82.19 (-0.44), JPM: 61.75 (+0.55), HQY: 25.03 (-0.04), FIVE: 31.86 (+0.49), GSAT: 3.55 (+0.14), WBS: 37.02 (+0.85), CATM: 39.19 (+0.71)
Kerrisdale Capital Management Encourages Webster Financial to Spin Off HSA Bank
PR Newswire - Mon Mar 02, 8:30AM CST
Kerrisdale Capital Management, the beneficial owner of approximately 2% of Webster Financial Corporation, a Connecticut-based regional bank, today issued a positive report on the firm and delivered a letter to Webster Chairman and Chief Executive Officer James C. Smith, as well as Webster's board of directors, encouraging them to explore spinning off HSA Bank. Kerrisdale believes that Webster is significantly undervalued and trades at an over $1 billion discount to its fair value. Outside of its well-run regional-banking operations, Webster's HSA Bank unit is at the forefront of the fast-growing market for health savings accounts. As HSA Bank becomes a major player in its own right, Kerrisdale believes that Webster should consider strategic options that could help crystallize the value of this overlooked asset.
WBS: 37.02 (+0.85)
Downgrade Alert for Webster Financial (WBS)
Comtex SmarTrend(R) - Thu Feb 19, 7:01AM CST
Webster Financial (NYSE:WBS) was downgraded from Buy to Hold at Sandler O'Neill today. The stock closed yesterday at $33.97 on volume of 836,000 shares, above average daily volume of 738,000. Over the past year, Webster Financial has traded in a range of $26.53 to $34.49 and closed yesterday at $33.96, 28% above that low. The 200-day and 50-day moving averages have moved 0.14% higher and 0.34% higher over the past week, respectively.
WBS: 37.02 (+0.85)
Webster to Make Presentation at Investor Conference
PR Newswire - Wed Feb 18, 10:45AM CST
Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that John Ciulla, executive vice president, commercial banking, and Chad Wilkins, executive vice president, HSA Bank, will make a presentation from 8:00 a.m. to 8:40 a.m., on Wednesday, February 25, 2015, at the KBW Regional Bank Conference.
WBS: 37.02 (+0.85)
Webster Sets Date for Annual Shareholders Meeting
PR Newswire - Fri Feb 13, 3:05PM CST
Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that its board of directors has scheduled the corporation's annual meeting of shareholders at 4:00 p.m. EDT, April 23, 2015 at the Webster Bank Resource Center, 436 Slater Road, New Britain, Conn.
WBS: 37.02 (+0.85)
This Week's Growth & Income Stock: Washington Trust Bancorp (WASH) - Video Blog
Todd Bunton - Zacks Investment Research - Wed Feb 11, 1:37PM CST
Growth & Income Stock Strategist, Todd Bunton, CFA, highlights Washington Trust Bancorp (WASH) on February 11, 2015.
WASH: 38.56 (+0.49), STL: 13.65 (+0.15), SUSQ: 13.91 (+0.09), WBS: 37.02 (+0.85)
Webster Bank Announces New EVP in Community Bank
PR Newswire - Wed Feb 11, 10:30AM CST
Webster Bank announced today that David Miree is the executive vice president for consumer deposits, investments, and network management. In this capacity, Miree will oversee Webster's banking center and customer care center network as well as Consumer Deposits and Webster Investment Services business. He will report to Nitin Mhatre, executive vice president, community banking.
WBS: 37.02 (+0.85)
Fitch to Withdraw Webster Financial Corporation and Webster Bank, NA's Ratings
Business Wire - Tue Feb 03, 7:58AM CST
Fitch Ratings plans to withdraw the ratings on Webster Financial Corporation and Webster Bank, NA on or about March 2, 2015, for business reasons. Fitch currently rates Webster Financial Corporation and Webster Bank, NA as follows:
WBS: 37.02 (+0.85)
Technical Pulse on Regional Banks Stocks - Investors Bancorp., Fulton Financial, East West Bancorp., National Penn Bancshares, and Webster Financial
PR Newswire - Tue Feb 03, 7:55AM CST
Investor-Edge has initiated coverage on the following equities: Investors Bancorp Inc. (NASDAQ: ISBC), Fulton Financial Corporation (NASDAQ: FULT), East West Bancorp Inc. (NASDAQ: EWBC), National Penn Bancshares Inc. (NASDAQ: NPBC), and Webster Financial Corporation (NYSE: WBS). Free research report on Investors Bancorp. can be accessed at http://get.Investor-Edge.com/pdf/?c=Investors...amp;s=ISBC. On Monday, February 02, 2015, the NASDAQ Composite ended at 4,676.69, up 0.89%, the Dow Jones Industrial Average advanced 1.14%, to finish the day at 17,361.04, and the S&P 500 closed at 2,020.85, up 1.30%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 315.03, up 1.62%, with the index also advancing 0.89% in the previous three trading sessions. Register for your complimentary reports at the links given below.
NPBC: 10.80 (+0.18), EWBC: 41.13 (+0.33), ISBC: 11.80 (+0.08), FULT: 12.63 (+0.26), WBS: 37.02 (+0.85)
Fitch Affirms First Republic Bank's Ratings at 'A-/F1'; Outlook Stable
Business Wire - Fri Jan 30, 2:45PM CST
Fitch Ratings has affirmed First Republic Bank (FRC) ratings at 'A-/F1'. The Rating Outlook remains Stable. The rating affirmation and Outlook reflects the company's strong franchise, superior asset quality through the cycle, and stable operating performance. These strengths are balanced against FRC's geographically and product-concentrated businesses and limited revenue diversification. FRC's Stable Outlook reflects Fitch's expectation that asset quality, capital and operating performance will not materially change over the medium term.
EWBC: 41.13 (+0.33), BOKF: 60.92 (+0.59), SNV: 28.31 (+0.60), FRC: 57.54 (+0.50), CATY: 28.08 (+0.55), TCB: 16.14 (+0.18), WTFC: 47.88 (+0.42), FULT: 12.63 (+0.26), WBS: 37.02 (+0.85)
Fitch Affirms First National of Nebraska at 'BBB-'/'F3' Following Peer Review; Outlook Stable
Business Wire - Fri Jan 30, 2:42PM CST
Fitch Ratings has affirmed First National of Nebraska, Inc. (FNNI) ratings at 'BBB-/F3'. The Rating Outlook remains Stable. A full list of rating actions is at the end of this rating action commentary.
EWBC: 41.13 (+0.33), BOKF: 60.92 (+0.59), SNV: 28.31 (+0.60), CATY: 28.08 (+0.55), TCB: 16.14 (+0.18), WTFC: 47.88 (+0.42), FULT: 12.63 (+0.26), WBS: 37.02 (+0.85)
Fitch Affirms East West Bancorp's Ratings at 'BBB/F2' Following Mid-Tier Regional Bank Peer Review
Business Wire - Fri Jan 30, 2:42PM CST
Fitch Ratings has affirmed East West Bancorp (EWBC) ratings at 'BBB/F2'. The Rating Outlook remains Stable. The affirmation reflects the bank's strong profitability and solid franchise.
EWBC: 41.13 (+0.33), BOKF: 60.92 (+0.59), SNV: 28.31 (+0.60), FRC: 57.54 (+0.50), CATY: 28.08 (+0.55), TCB: 16.14 (+0.18), WTFC: 47.88 (+0.42), FULT: 12.63 (+0.26), WBS: 37.02 (+0.85), FHN: 14.45 (+0.19)
Fitch Affirms BOK Financial Corp's Ratings at 'A'/'F1' Following Mid-Tier Regional Bank Peer Review
Business Wire - Fri Jan 30, 2:40PM CST
Fitch Ratings has affirmed BOK Financial (BOKF) ratings at 'A/F1'. The Rating Outlook remains Stable. The affirmation reflects BOKF's consistent performance and strong overall financial profile relative to Fitch's mid-tier regional banking peers.
BOKF: 60.92 (+0.59), FRC: 57.54 (+0.50), CATY: 28.08 (+0.55), TCB: 16.14 (+0.18), TRMK: 24.54 (+0.54), WTFC: 47.88 (+0.42), WBS: 37.02 (+0.85), FHN: 14.45 (+0.19)
Fitch Affirms Cathay's Ratings at 'BB+/B'; Outlook Stable
Business Wire - Fri Jan 30, 2:39PM CST
Fitch Ratings has affirmed Cathay General Bancorp's ratings at 'BB+/B'. The Rating Outlook remains Stable. The affirmation and Stable Outlook reflect improving asset quality and improving earnings.
EWBC: 41.13 (+0.33), BOKF: 60.92 (+0.59), SNV: 28.31 (+0.60), CATY: 28.08 (+0.55), TCB: 16.14 (+0.18), WTFC: 47.88 (+0.42), FULT: 12.63 (+0.26), WBS: 37.02 (+0.85)
Fitch Affirms TCF Financial at 'BBB-'/'F3' Following Mid-Tier Regional Peer Review; Outlook Stable
Business Wire - Fri Jan 30, 2:39PM CST
Fitch Ratings has affirmed TCF Financial Corp.'s (TCB) ratings at 'BBB-/F3'. The Rating Outlook has been revised to Stable from Negative. A full list of rating actions is provided at the end of this rating action commentary.
EWBC: 41.13 (+0.33), BOKF: 60.92 (+0.59), SNV: 28.31 (+0.60), CATY: 28.08 (+0.55), TCB: 16.14 (+0.18), WTFC: 47.88 (+0.42), FULT: 12.63 (+0.26), WBS: 37.02 (+0.85)
Fitch Affirms UMB Financial's Ratings Following Mid-Tier Regional Bank Peer Review; Outlook Stable
Business Wire - Fri Jan 30, 2:37PM CST
Fitch Ratings has affirmed UMB Financial Corp.'s (UMBF) ratings at 'A+/F1'. The Rating Outlook remains Stable. A full list of rating actions follows at the end of this press release.
EWBC: 41.13 (+0.33), BOKF: 60.92 (+0.59), UMBF: 51.99 (+0.16), SNV: 28.31 (+0.60), CATY: 28.08 (+0.55), TCB: 16.14 (+0.18), WTFC: 47.88 (+0.42), FULT: 12.63 (+0.26), WBS: 37.02 (+0.85)