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.

On September 25, 2025, TD Cowen initiated a ‘Buy’ rating on Webster Financial Corporation (NYSE:WBS) 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 (NYSE:WBS)’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 (NYSE:WBS) is well-positioned for long-term growth, thanks to its improving net interest margins, renewed loan growth, and capital flexibility.

Webster Financial Corporation (NYSE:WBS), a bank holding company for Webster Bank, offers commercial banking, healthcare financial services, and consumer banking services.

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