Webster Financial (WBS) stock surged 11.6% after tariff suspension announcement, projecting positive growth.
From Nasdaq: 2025-04-10 08:14:00
Webster Financial (WBS) shares surged 11.6% to $46.66 following President Trump’s announcement of a tariff suspension. Expectations of improved economic conditions boosted investor confidence in banking stocks like WBS. The company is expected to report quarterly earnings of $1.38 per share, a 2.2% increase, with revenues projected at $714.9 million.
Citizens Financial Services (CZFS) also saw a 6.5% increase to $57.41. Their upcoming EPS estimate remains at $1.49, unchanged from last month. With a Zacks Rank of #3 (Hold), CZFS is showing stability in its performance. To explore potential investment opportunities, check out 7 elite Zacks Rank #1 Strong Buy stocks for early price pops.
For more insights and analysis on these stocks, visit Zacks Investment Research. Stay informed with the latest stock recommendations and performance updates. Watch for potential price movements in Webster Financial Corporation (WBS) and Citizens Financial Services Inc. (CZFS) as market conditions evolve.
Read more at Nasdaq: Webster Financial (WBS) Moves 11.6% Higher: Will This Strength Last?