TD Cowen Initiates ‘Buy’ Rating on Webster Financial Corporation (WBS) with $78 Price Target

Webster Financial Corporation (NYSE:WBS) secures a spot on our list of the 20 NYSE Stocks with the Lowest P/E Ratios.

TD Cowen Initiates ‘Buy’ Rating on Webster Financial Corporation (WBS) with $78 Price Target

On September 25, 2025, TD Cowen initiated a ‘Buy’ rating on Webster Financial Corporation with a $78 price target.

The investment firm believes regional banks are among the most attractive entry points in decades. The newly issued rating follows Webster Financial Corporation’s strong performance in the second quarter of 2025. The company reported a return on tangible common equity of 18%, with return on assets nearing 1.3%, and loan and deposit growth of over 1%. An additional $700 million in share repurchases was also authorized by WBS during the quarter, buying back 1.5 million shares.

TD Cowen believes Webster Financial Corporation is well-positioned for long-term growth, thanks to its improving net interest margins, renewed loan growth, and capital flexibility.

Webster Financial Corporation, a bank holding company for Webster Bank, offers commercial banking, healthcare financial services, and consumer banking services.

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