Webster Financial Corporation (WBS)
| Market Cap | 8.68B |
| Revenue (ttm) | 2.37B |
| Net Income (ttm) | 754.38M |
| Shares Out | 168.23M |
| EPS (ttm) | 4.44 |
| PE Ratio | 11.62 |
| Forward PE | 8.68 |
| Dividend | $1.60 (3.10%) |
| Ex-Dividend Date | May 12, 2025 |
| Volume | 957,942 |
| Open | 52.58 |
| Previous Close | 52.50 |
| Day's Range | 51.57 - 52.69 |
| 52-Week Range | 39.34 - 63.99 |
| Beta | 0.96 |
| Analysts | Strong Buy |
| Price Target | 63.38 (+22.83%) |
| Earnings Date | Jun 26, 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]
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 StatementsAnalyst Forecast
According to 13 analysts, the average rating for WBS stock is "Strong Buy." The 12-month stock price forecast is $63.38, which is an increase of 22.83% from the latest price.
News
As Buffett bails on Wall Street banks, Truist says these regional peers are worth buying
Legendary investor Warren Buffett has recently sold his entire stake in Citigroup to load up on the likes of Constellation Brands, indicating he now sees consumer goods as a better pick than bank stoc...
Webster Announces Increase to Common Stock Repurchase Authorization
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“the Company”) (NYSE:WBS), the holding company for Webster Bank, N.A., announced today that its Board of Directors increased the Compan...
Webster Financial Corporation Declares Common and Preferred Dividends
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Dividends.
Webster Financial Corporation (WBS) Q1 2025 Earnings Call Transcript
Webster Financial Corporation (NYSE:WBS) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Emlen Harmon - Director, IR John Ciulla - CEO Neal Holland - CFO Luis Massiani...
Webster Reports First Quarter 2025 EPS of $1.30
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“Webster”) (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income applicable to common stockholders of $22...
Webster Financial Corporation Announces Q1 2025 Earnings Release and Conference Call
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q1 2025 Earnings Release and Conference Call.
I Can Finally Bank On Webster Financial Corporation
Webster Financial Corporation's stock has dropped 21.3% since October 2024, outperforming the S&P 500's 13.4% decline, prompting a shift from 'hold' to a 'buy'. Despite a rise in provisions for credit...
Webster Announces Chief Risk Officer Transition
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS) (“Webster” or “the Company”), the holding company for Webster Bank, N.A., today announced that after 14 years with the Compa...
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.
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...
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...
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.
Webster Financial Corporation Announces Q4 2024 Earnings Release and Conference Call
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Announces Q42024 Earnings Release and Conference Call.
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...
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...
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.
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...
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...
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...
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...
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...
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.
