Home » Stocks » Webster Financial

Webster Financial Corporation (WBS)

Stock Price: $29.12 USD -0.40 (-1.36%)
Updated Aug 12, 2020 4:00 PM EDT - Market closed
After-hours: $29.14 +0.02 (0.08%) Aug 12, 4:11 PM

Stock Price Chart

Key Info

Market Cap 2.63B
Revenue (ttm) 1.07B
Net Income (ttm) 275.63M
Shares Out 90.19M
EPS (ttm) 2.92
PE Ratio 9.97
Forward PE 13.93
Dividend $1.60
Dividend Yield 5.49%

Stock Quote

Trading Day Aug 12, 2020
Last Price $29.12
Previous Close $29.52
Change ($) -0.40
Change (%) -1.36%
Day's Open 30.34
Day's Range 28.50 - 30.47
Day's Volume 748,704
52-Week Range 18.16 - 54.04

More Stats

Market Cap 2.63B
Enterprise Value 5.28B
Earnings Date (est) Oct 15, 2020
Ex-Dividend Date Aug 4, 2020
Shares Outstanding 90.19M
Float 89.00M
EPS (basic) 2.93
EPS (diluted) 2.92
FCF / Share 2.51
Dividend $1.60
Dividend Yield 5.49%
Earnings Yield 10.03%
FCF Yield 8.60%
Payout Ratio n/a
Shares Short 2.04M
Short Ratio 2.52
Short % of Float 2.60%
Beta 1.67
PE Ratio 9.97
Forward PE 13.93
P/FCF Ratio 11.62
PS Ratio 2.46
PB Ratio 0.80
Revenue 1.07B
Operating Income 352.96M
Net Income 275.63M
Free Cash Flow 225.93M
Net Cash -2.65B
Net Cash / Share -29.38
Gross Margin 112.61%
Operating Margin 33.05%
Profit Margin 24.90%
FCF Margin 21.15%
ROA 0.89%
ROE 8.83%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (12)

Buy 7
Overweight 0
Hold 5
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$30.75*
(5.60% upside)
Low
26.0
Current: $29.12
High
36.0
Target: 30.75
*Average 12-month price target from 12 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,2031,1471,015927853793754750718623
Revenue Growth4.83%13.04%9.52%8.62%7.54%5.17%0.55%4.43%15.21%-
Gross Profit1,2031,1471,015927853793754750718623
Operating Income48744235430329829225724820784.52
Net Income38336025520720520017917415172.26
Shares Outstanding92.0392.2492.0791.7391.6890.2590.3487.9287.5078.51
Earnings Per Share4.063.812.672.162.132.081.861.861.610.57
EPS Growth6.56%42.7%23.61%1.41%2.4%11.83%0%15.53%182.46%-
Dividend Per Share1.531.251.030.980.890.750.550.350.160.04
Dividend Growth22.4%21.36%5.1%10.11%18.67%36.36%57.14%118.75%300%-
Operating Cash Flow304469445398303243464257266337
Capital Expenditures-25.72-32.39-25.19-39.18-35.47-26.47-20.58-20.60-24.99-18.00
Free Cash Flow278437420359267217443236241319
Cash & Equivalents258329257220356394247350292213
Total Debt3,7042,6352,5464,0184,0414,3363,6123,2382,9702,442
Net Cash / Debt-3,446-2,305-2,289-3,798-3,685-3,942-3,365-2,888-2,678-2,230
Assets30,38927,61026,48826,07324,64122,53320,85320,14718,71418,034
Liabilities27,18224,72423,78623,54622,22720,21018,64418,05316,86916,255
Book Value3,2082,8872,7022,5272,4142,3232,2092,0941,8461,769
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Webster Financial Corporation
Country United States
Employees 3,298
CEO John R. Ciulla

Stock Information

Ticker Symbol WBS
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Banks—Regional
Unique Identifier NYSE: WBS

Description

Webster Financial Corporation operates as the holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Community Banking. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and asset-based lending, as well as treasury and payment services. This segment also offers asset management, financial planning and trust services, and deposit and loan products for high net worth clients, not-for-profit organizations, and business clients. The HSA Bank segment offers health savings accounts, health reimbursement accounts, flexible spending accounts, and other financial solutions to employers for the benefit of their employees and individuals. The Community Banking segment offers deposit and fee-based services, residential mortgages, home equity lines or loans, unsecured consumer loans, and credit cards to consumers, as well as investment and securities-related services, including brokerage and investment advice through a strategic partnership with LPL Financial Holdings Inc. This segment also provides credit, deposit, and cash flow management products to businesses and professional service firms. The company also offers online and mobile banking services, as well as through its Website. As of April 7, 2020, it operated 157 banking centers and 309 ATMs. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.