Webster Financial's steady EPS growth and reinvestment of over half its profits suggest promising future prospects. Its characteristics warrant further attention from a dividend perspective.
Analyst Steven Alexopoulos predicts above peer growth for Webster Financial in 2024 due to its growing stable of differentiated businesses. He suggests the current 15% discount to its peers is a good time to buy shares. Alexopoulos raised his price target from $60 to $65, anticipating strong tangible book value growth to boost the stock.
An insider's recent sale indicates a lower price for shares could be reasonable. Though, the company's profitability and growth make the absence of insider purchasing not as concerning. Investing in Webster Financial needs careful consideration given these insider transaction patterns.
Webster views the acquisition of Ametros as an alignment with its strategic diversification and funding base expansion, given Ametros' market position and robust growth potential. Ametros is also considered highly complementary to Webster's non-traditional deposit verticals.
The lack of insider transactions doesn't raise concerns, but the net selling activity is discouraging. Insider ownership suffices for alignment between insiders and shareholders, but not high versus other companies.
KBW is optimistic about East West Bancorp, Webster Financial, and Western Alliance Bancorp, citing potential gains for bank stocks post possible interest rate cuts. Smaller investor catering banks may stand out.
While Webster Financial has shown strong performance over the past three years, the most recent year shows a decline, possibly indicating unresolved challenges. Investors are advised to conduct further research and consider the company's potential for a turnaround.
In light of the Federal Reserve announcing the biggest interest rate hike in nearly three decades, five bank stocks with high guru buys as of the first-quarter 13F portfolio filing date are$花旗集团(C.US)$,$摩根大通(JPM.US)$,$韦伯斯特金融(WBS.US)$,$美国银行(BAC.US)$and$富国银行(WFC.US)$ Citigroup Twenty-seven gurus own shares of Citigroup with a combined weight of 44.16%. Sixteen gurus purchased shares during the first q...
韦伯斯特金融股票讨论区
专栏US Top Gap Ups and Downs on 3/9: GE, PHG, SIVB, PDD and More
Gap Ups
1. $GE航天航空(GE.US)$ - up 2.7%
2. $BJ批发俱乐部(BJ.US)$ - up 1.9%
3. $Smith & Nephew(SNN.US)$ - up 0.5%
4. $Rentokil Initial PLC(RTO.US)$ - up 0.5%
5. $韩国SK电信(SKM.US)$ - up 0.3%
6. $飞利浦(PHG.US)$ - up 0.3%
Gap Downs
1. $SVB Financial(SIVB.US)$...
专栏Top upgrades and downgrades on 6/30: AMD, U, BG, CPNG and more
• $美国超微公司(AMD.US)$ : Northland Capital Upgrades to Outperform from Market Perform - PT $95
• $邦吉(BG.US)$ : BofA Securities Upgrades to Buy from Neutral - PT $135 (from $140)
•$Brookfield基础设施(BIP.US)$ : Credit Suisse Upgrades to Outperform from Neutral - PT $49.50
• $智利桑坦德银行(智利)(BSAC.US)$ : UBS Upgrades to Neutral from Sell - PT $18 (from $17)
• $冠城国际(CCI.US)$ : Jefferi...
5 Financial Services Stocks Gurus Are Banking On
Citigroup
Twenty-seven gurus own shares of Citigroup with a combined weight of 44.16%. Sixteen gurus purchased shares during the first q...
暂无评论