Webster Financial Corporation (WBS)
| Market Cap | 4.41B |
| Revenue (ttm) | 1.21B |
| Net Income (ttm) | 321.69M |
| Shares Out | 90.42M |
| EPS (ttm) | 3.58 |
| PE Ratio | 13.59 |
| Forward PE | 9.74 |
| Dividend | $1.60 (3.29%) |
| Ex-Dividend Date | Aug 2, 2021 |
| Volume | 550,181 |
| Open | 49.31 |
| Previous Close | 49.07 |
| Day's Range | 48.53 - 49.89 |
| 52-Week Range | 22.82 - 62.80 |
| Beta | 1.54 |
| Analysts | Buy |
| Price Target | 61.00 (+25.3%) |
| Est. Earnings Date | Oct 21, 2021 |
About WBS
Webster Financial Corporation operates as the bank 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 ...
Financial Performance
In 2020, WBS's revenue was $1.04 billion, a decrease of -13.61% compared to the previous year's $1.20 billion. Earnings were $220.62 million, a decrease of -42.35%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for WBS stock is "Buy." The 12-month stock price forecast is 61.00, which is an increase of 25.28% from the latest price.
News
Webster (WBS) & Sterling (STL) Merger Gets Stockholders' Nod
Webster Financial (WBS) and Sterling (STL) receive shareholder nod for the merger deal, reflecting the companies' confidence in the rationale and synergies of the merger.
Webster, Sterling Stockholders Approve Merger
WATERBURY, Conn. and PEARL RIVER, N.Y.
Webster (WBS) Stock Declines 2.05% Despite Q2 Earnings Beat
Webster's (WBS) Q2 earnings reflect lower revenues and improved deposits, amid a low-rate economy that hurt margins.
Webster Financial (WBS) Q2 Earnings Top Estimates
Webster Financial (WBS) delivered earnings and revenue surprises of 21.00% and -0.31%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Webster Financial Q2 Earnings
Shares of Webster Financial (NYSE:WBS) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 112.28% over the past year to $1.21, which beat the estim...
Webster Reports Second Quarter 2021 Earnings Of $1.01 Per Diluted Share
WATERBURY, Conn., July 22, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.
After Plunging 15.8% in 4 Weeks, Here's Why the Trend Might Reverse for Webster Financial (WBS)
Webster Financial (WBS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in rev...
Webster Financial Corporation Declares Common and Preferred Dividends
WATERBURY, Conn., July 19, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A.
Webster Financial (WBS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Webster Financial (WBS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Webster Financial Corporation Announces Second Quarter 2021 Earnings Release and Conference Call
WATERBURY, Conn., July 7, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.
Top Ranked Income Stocks to Buy for June 23rd
Top Ranked Income Stocks to Buy for June 23rd
Top Ranked Income Stocks to Buy for June 17th
Top Ranked Income Stocks to Buy for June 17th
Webster Financial (WBS) Moves to Strong Buy: Rationale Behind the Upgrade
Webster Financial (WBS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Top Ranked Income Stocks to Buy for June 4th
Top Ranked Income Stocks to Buy for June 4th
Top Ranked Income Stocks to Buy for June 1st
Top Ranked Income Stocks to Buy for June 1st
Webster Financial (WBS) Up 12.8% Since Last Earnings Report: Can It Continue?
Webster Financial (WBS) reported earnings 30 days ago. What's next for the stock?
Confused by Recent Bank Mergers of Equals? Look at Truist to Better Understand
They've sparked doubt from the market, but we can learn more about them from this example.
M&As in Banking Sector Jump in April: Will the Trend Continue?
Bank M&As shot up in April. Banks like Webster (WBS), BancorpSouth (BXS), New York Community (NYCB), Independent Bank (INDB), Guaranty Bancshares (GNTY), PNC Financial (PNC) & BankUnited (BKU) have eith...
6 Reasons Why Webster (WBS) Stock is Worth Betting on Now
Strong fundamentals and growth prospects make Webster (WBS) stock a wise investment option now.
The Webster-Sterling Merger Creates a Strong Bank, But Can it Continue to Create Value?
Recently, Webster Financial Corp and Sterling Bancorp announced they were joining hands in a merger of equals.
What 12 Analyst Ratings Have To Say About Webster Financial
Webster Financial (NYSE:WBS) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 0 0 1 Somewhat Bullish 1 1 0 1 Indifferent...
Webster Financial Corporation Declares Common and Preferred Dividends
WATERBURY, Conn., April 21, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.
Webster Financial (WBS) Stock Down Despite Q1 Earnings Beat
Webster Financial's (WBS) Q1 results largely driven by higher deposit balance, while escalating expenses and near-zero interest rates play spoilsport.
SHAREHOLDER ALERT: WeissLaw LLP Investigates Sterling Bancorp
NEW YORK, April 19, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sterling Bancorp ("Sterling" or the "C...