Webster Financial Corporation (WBS)

Market Cap	10.23B
Revenue (ttm)	2.37B
Net Income (ttm)	752.06M
Shares Out	171.39M
EPS (ttm)	4.37
PE Ratio	13.65
Forward PE	10.14
Dividend	$1.60 (2.68%)
Ex-Dividend Date	Nov 1, 2024

Volume	1,481,009
Open	58.01
Previous Close	57.94
Day's Range	57.89 - 60.44
52-Week Range	39.34 - 63.99
Beta	1.29
Analysts	Buy
Price Target	60.77 (+1.84%)
Earnings Date	Jan 17, 2025

About WBS

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial products and services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment offers commercial real estate and equipment financing, business banking, asset-based lending, and commercial services; public sector finance; mortgage warehouse financing; sponsor and specialty financing s...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1935
• Employees: 4,131
• Stock Exchange: NYSE
• Ticker Symbol: WBS
• Website: https://public.websteronline.com

Financial Performance

In 2024, Webster Financial's revenue was $2.37 billion, a decrease of -5.27% compared to the previous year's $2.50 billion. Earnings were $752.06 million, a decrease of -10.82%.

Analyst Forecast

According to 13 analysts, the average rating for WBS stock is "Buy." The 12-month stock price forecast is $60.77, which is an increase of 1.84% from the latest price.

Price Target

$60.77

(1.84% upside)

Analyst Consensus: Buy