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Rising NII & Fee Income Aid Webster Financial Amid High Costs
WBSWebster Financial (WBS) ZACKS·2024-10-09 00:15

Webster Financial Corporation's (WBS) revenue strength, increasing net interest income (NII) and diversified fee income sources, enhanced by strategic acquisitions, support its growth prospects. However, elevated expense levels and high debt remain areas of concern. Tailwinds for WBS Revenue Strength: Webster Financial has an impressive revenue growth story. NII and non-interest income witnessed a compound annual growth rate (CAGR) of 25.1% and 2.5%, respectively, over the last four years (2019-2023). Both ...