Previous Close | 48.03 |
Open | 48.20 |
Bid | 0.00 x 800 |
Ask | 0.00 x 800 |
Day's Range | 47.67 - 48.35 |
52 Week Range | 31.03 - 53.39 |
Volume | |
Avg. Volume | 1,128,603 |
Market Cap | 8.226B |
Beta (5Y Monthly) | 1.31 |
PE Ratio (TTM) | 9.77 |
EPS (TTM) | 4.91 |
Earnings Date | Apr 18, 2024 - Apr 22, 2024 |
Forward Dividend & Yield | 1.60 (3.34%) |
Ex-Dividend Date | Feb 02, 2024 |
1y Target Est | 59.53 |
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Mid-cap banks took a beating in March of last year, when the failure of Silicon Valley Bank sparked a crisis in the sector. Depositors ran on their accounts, Silvergate Bank and Signature Bank also failed – and for a short time, it looked as though a full-fledged banking crisis was in the making. Supportive action from the Federal Reserve and other central banks helped stave off a larger contagion. Since then, the banking sector has staged a modest rebound. Reduced underwriting, as a response to
Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. During Q4, the markets experienced a sharp rebound, resulting in positive returns in most regions and countries. The portfolio had a better performance than the Russell Midcap Index during the Q4 […]
Webster Financial's (WBS) inorganic growth initiatives, strong loan pipeline and rising NII support revenue growth. However, high debt and limited liquidity remain concerns.