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Public signal · 1-minute delayed
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WBS shares fell 5.7% after Q2 2024 earnings disappointment. Adjusted EPS of $1.26 missed estimates, down from $1.50 last year. Total revenues declined 8.7% to $614.6 million, below expectations. Non-performing assets rose 68.7%, reflecting credit quality deterioration. WBS has a Zacks Rank #4 (Sell) indicating bearish sentiment.
- WBS shares fell 5.7% after Q2 2024 earnings disappointment.
- Adjusted EPS of $1.26 missed estimates, down from $1.50 last year.
- Total revenues declined 8.7% to $614.6 million, below expectations.
- Non-performing assets rose 68.7%, reflecting credit quality deterioration.
- WBS has a Zacks Rank #4 (Sell) indicating bearish sentiment.
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