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Webster Financial Announces Executive Resignation

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Webster Financial Announces Executive Resignation

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Webster Financial ( (WBS) ) just unveiled an update.

On July 18, 2025, Albert J. Wang announced his resignation as Executive Vice President and Chief Accounting Officer of Webster Financial Corporation and Webster Bank, effective September 2, 2025, to pursue another professional opportunity. Gregory S. Madar will assume the role of Interim Chief Accounting Officer starting September 3, 2025, while the company searches for a permanent replacement.

The most recent analyst rating on (WBS) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Webster Financial stock, see the WBS Stock Forecast page.

Spark’s Take on WBS Stock

According to Spark, TipRanks’ AI Analyst, WBS is a Outperform.

Webster Financial’s strong financial performance, coupled with positive technical indicators and strategic corporate actions, contribute to an overall favorable outlook. Key strengths include robust profitability, effective cash flow management, and a solid market position. While minor challenges in operational efficiency and competitive pressures exist, the company’s strategic initiatives and growth potential provide a positive investment case.

To see Spark’s full report on WBS stock, click here.

More about Webster Financial

Average Trading Volume: 1,384,033

Technical Sentiment Signal: Buy

Current Market Cap: $10.24B

For a thorough assessment of WBS stock, go to TipRanks’ Stock Analysis page.

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