Webster Financial (WBS) is likely to benefit from its sound loan and deposit balances, and rising revenues. Yet, a high debt level and mounting costs pose headwinds.
Webster Financial's (WBS) Q3 earnings reflect higher revenues and improved organic growth amid a low-rate economy that hurt margins.
Webster Financial (WBS) delivered earnings and revenue surprises of -0.92% and 6.33%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?