1. WBS lowered its prime lending rate to 6.75% from 7.00%. 2. The new rate is effective December 11, 2025. 3. Lower rates may boost loan demand and profitability. 4. WBS serves diverse sectors, including healthcare and consumer banking. 5. The corporation manages over $80 billion in total assets.
FAQ
Why Bullish?
Lower lending rates can increase loan demand and interest income. Historically, similar moves have positively influenced stock prices in financial institutions.
How important is it?
Lowering the prime lending rate can attract more borrowers, improving future earnings. This directly relates to WBS’s fundamental operations.
Why Long Term?
The lowered rate may take time to influence financial metrics significantly. Long-term trends show improved balances in banks after lowering rates, enhancing overall performance.
Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A., announced today that it has lowered its prime lending rate to 6.75 percent from 7.00 percent, effective December 11, 2025.
About Webster
Webster Financial Corporation ("Webster") (NYSE:WBS) is the holding company for Webster Bank, N.A. ("Webster Bank"). Founded in 1935 and headquartered in Stamford, CT, Webster is a values-driven organization with more than $80 billion in total assets. Webster Bank is a commercial bank that provides a wide range of financial products and services to businesses, individuals, and families across three differentiated lines of business: Commercial Banking, Healthcare Financial Services, and Consumer Banking. While its core footprint spans the Northeast from the New York metropolitan area to Rhode Island and Massachusetts, certain businesses operate in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251210717734/en/
Media Contact:
Alice Ferreira, 203-578-2610
acferreira@websterbank.com
Investor Contact:
Emlen Harmon, 212-309-7646
eharmon@websterbank.com