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Webster Financial Corporation (WBS)

Stock Price: $40.13 USD 1.33 (3.43%)
Updated November 24, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 3.62B
Revenue (ttm) 1.04B
Net Income (ttm) 241.71M
Shares Out 90.20M
EPS (ttm) 2.67
PE Ratio 15.03
Forward PE 14.29
Dividend $1.60
Dividend Yield 3.99%

Stock Quote

Trading Day November 24
Last Price $40.13
Previous Close $38.80
Change ($) 1.33
Change (%) 3.43%
Day's Open 40.00
Day's Range 39.92 - 40.99
Day's Volume 602,265
52-Week Range 18.16 - 54.04

More Stats

Market Cap 3.62B
Enterprise Value 5.85B
Earnings Date (est) Jan 28, 2021
Ex-Dividend Date Nov 9, 2020
Shares Outstanding 90.20M
Float 89.16M
EPS (basic) 2.68
EPS (diluted) 2.67
FCF / Share 3.47
Dividend $1.60
Dividend Yield 3.99%
Earnings Yield 6.65%
FCF Yield 8.65%
Payout Ratio 59.70%
Shares Short 1.64M
Short Ratio 2.89
Short % of Float 1.84%
Beta 1.61
PE Ratio 15.03
Forward PE 14.29
P/FCF Ratio 11.57
PS Ratio 3.48
PB Ratio 1.10
Revenue 1.04B
Operating Income 321.25M
Net Income 241.71M
Free Cash Flow 312.96M
Net Cash -2.23B
Net Cash / Share -24.69
Gross Margin 115.59%
Operating Margin 30.88%
Profit Margin 23.20%
FCF Margin 30.08%
ROA 0.80%
ROE 7.88%
ROIC 0.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (12)

Buy 7
Overweight 0
Hold 5
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$36.92*
(-8.00% downside)
Low
27.0
Current: $40.13
High
48.0
Target: 36.92
*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.