Webster Financial traded at $69.79 this Thursday April 2nd, decreasing $0.46 or 0.65 percent since the previous trading session. Looking back, over the last four weeks, Webster Financial lost 1.48 percent. Over the last 12 months, its price rose by 58.79 percent. Looking ahead, we forecast Webster Financial to be priced at 67.69 by the end of this quarter and at 61.76 in one year, according to Trading Economics global macro models projections and analysts expectations.
Webster Financial Corporation is a bank and financial holding company. Its principal consolidated subsidiary is Webster Bank (the Bank). Its subsidiaries also include Webster Wealth Advisors, Inc. and Webster Licensing, LLC. Webster Bank delivers a wide range of banking, investment, and financial services through three reportable segments, which include Commercial Banking, HSA Bank and Community Banking. The Commercial Banking segment includes middle-market, asset-based lending, commercial real estate, equipment finance, and treasury and payment solutions, which includes government and institutional banking. The Community Banking segment consists of its Personal Banking and Business Banking segments. HSA Bank, a division of its subsidiary, Webster Bank, National Association, offers health savings accounts, health reimbursement accounts, flexible spending accounts, and other financial solutions.