Webster Financial Corporation (WBS)

NYSE: WBS · Real-Time Price · USD
51.03
-0.99 (-1.90%)
At close: Mar 28, 2025, 4:00 PM
51.58
+0.55 (1.09%)
After-hours: Mar 28, 2025, 8:00 PM EDT
-1.90%
Market Cap 8.74B
Revenue (ttm) 2.37B
Net Income (ttm) 744.08M
Shares Out 171.35M
EPS (ttm) 4.37
PE Ratio 11.68
Forward PE 8.66
Dividend $1.60 (3.14%)
Ex-Dividend Date Feb 10, 2025
Volume 1,087,912
Open 51.55
Previous Close 52.02
Day's Range 50.68 - 52.33
52-Week Range 39.34 - 63.99
Beta 1.27
Analysts Buy
Price Target 62.31 (+22.11%)
Earnings Date Apr 22, 2025

About WBS

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States. It operates through three segments: Commercial Banking, Healthcare Financial Services, and Consumer Banking. It offers checking, savings, and money market accounts; individual retirement account retirement savings; certificates of deposit; mortgages; home equity loans and lines of credit; business and commercial lines of cred... [Read more]

Sector Financials
Founded 1935
Employees 4,407
Stock Exchange NYSE
Ticker Symbol WBS
Full Company Profile

Financial Performance

In 2024, Webster Financial's revenue was $2.37 billion, a decrease of -5.59% compared to the previous year's $2.51 billion. Earnings were $744.08 million, a decrease of -11.76%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for WBS stock is "Buy." The 12-month stock price forecast is $62.31, which is an increase of 22.11% from the latest price.

Price Target
$62.31
(22.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

9 quality bank stocks most likely to rise as much as 45% after recent market declines

Recent action shows investors can never really predict how interest rates will move.

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16 days ago - Market Watch

Webster Financial Corporation to Speak at RBC Capital Markets Global Financial Institutions Conference

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation to Speak at RBC Capital Markets Global Financial Institutions Conference.

25 days ago - Business Wire

Webster Financial Corporation Declares Common and Preferred Dividends

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Declares Common and Preferred Dividends.

2 months ago - Business Wire

Webster Financial Corporation (WBS) Q4 2024 Earnings Call Transcript

Webster Financial Corporation (NYSE:WBS) Q4 2024 Results Conference Call January 17, 2025 9:00 AM ET Company Participants Emlen Harmon - Director, IR John Ciulla - CEO Neal Holland - CFO Luis Massian...

2 months ago - Seeking Alpha

Webster Reports Fourth Quarter 2024 EPS of $1.01; Adjusted EPS of $1.43

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“Webster”) (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common stockholders of $173...

2 months ago - Business Wire

Webster Financial Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Webster Financial Corporation WBS will release earnings results for its fourth quarter, before the opening bell on Friday, Jan. 17, 2025.

2 months ago - Benzinga

Webster Financial Corporation Announces Q4 2024 Earnings Release and Conference Call

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Announces Q42024 Earnings Release and Conference Call.

2 months ago - Business Wire

Webster Financial: Risks Are Exaggerated

Webster Financial Corporation, founded in 1935, operates primarily in Connecticut, Massachusetts, Rhode Island, and New York through its subsidiary, Webster Bank. The bank has some meaningful exposure...

2 months ago - Seeking Alpha

Webster Lowers Prime Lending Rate to 7.50 Percent

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has lowered its prime lending rate to 7.50 percent from...

3 months ago - Business Wire

How To Invest $1,000 In Regional Banks For 2025: Top Wall Street Analyst Reveals His Top Picks

Regional bank stocks have been on a tear since the 2024 U.S. election, with the SPDR S&P Regional Banking ETF KRE climbing about 10% versus the broader S&P 500's 5% gain.

Other symbols: FCNCAPNFPSNVVLYWAL
3 months ago - Benzinga

Webster Lowers Prime Lending Rate to 7.75 Percent

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has lowered its prime lending rate to 7.75 percent from...

5 months ago - Business Wire

Webster Financial: Shares Roar Higher On Solid Outlook, Yet I Retain 'Hold'

Webster Financial stock surged 11.6% on October 17th after Q3 2024 results, despite mixed performance and a previous 'hold' rating. Webster's net interest income dropped 2.7% year-over-year, but depos...

5 months ago - Seeking Alpha

Webster Financial Corporation (WBS) Q3 2024 Earnings Call Transcript

Webster Financial Corporation (NYSE:WBS) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Emlen Harmon - Director, IR John Ciulla - CEO Neal Holland - CFO Luis Massia...

5 months ago - Seeking Alpha

Marathon Asset Management and Webster Bank Provide Senior Secured Financing for the Acquisition of PK Companies

NEW YORK--(BUSINESS WIRE)--Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of Assets Under Management, and Webster Bank, N.A. (“Webster Bank”), a lea...

5 months ago - Business Wire

Webster Reports Third Quarter 2024 EPS of $1.10; Adjusted EPS of $1.34

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“Webster”) (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common stockholders of $188...

5 months ago - Business Wire

Webster Financial Corporation Announces Q3 2024 Earnings Release and Conference Call

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q3 2024 Earnings Release and Conference Call.

6 months ago - Business Wire

11 favored bank stocks that still trade at cheap valuations

Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for deposits goes down.

Other symbols: BACBANCCEBCEWBCFHNFNB
6 months ago - Market Watch

Webster Lowers Prime Lending Rate to 8.00 Percent

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Lowers Prime Lending Rate to 8.00 Percent.

6 months ago - Business Wire

Webster Financial Corporation (WBS) Q2 2024 Earnings Call Transcript

Webster Financial Corporation (NYSE:WBS) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Emlen Harmon - Director, IR John Ciulla - CEO Glenn MacInnes - CFO Conference C...

8 months ago - Seeking Alpha

Webster Reports Second Quarter 2024 EPS of $1.03; Adjusted EPS of $1.26

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“Webster”) (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common stockholders of $177...

8 months ago - Business Wire

Webster Financial: Not Yet Ready For An Upgrade

Webster Financial Corporation stock was downgraded to "hold" in January after a 41% spike, but has since dropped 16.8%, and is now down some. Despite weak financial results in Q1 2024, shares are attr...

9 months ago - Seeking Alpha

Webster Financial Corporation Appoints CFO Successor; Names New Board Member

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Appoints CFO Successor; Names New Board Member.

9 months ago - Business Wire

Webster Financial Corporation Announces Q2 2024 Earnings Release and Conference Call

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q2 2024 Earnings Release and Conference Call.

9 months ago - Business Wire

Webster Financial Corporation (WBS) Q1 2024 Earnings Call Transcript

Webster Financial Corporation (NYSE:WBS) Q1 2024 Earnings Conference Call April 23, 2024 9:00 AM ET Company Participants Emlen Harmon - Director of IR John Ciulla - CEO Glenn MacInnes - CFO Conferenc...

1 year ago - Seeking Alpha

Webster Reports First Quarter 2024 EPS of $1.23; Adjusted EPS of $1.35

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common stockholders of $212...

1 year ago - Business Wire