Webster Financial Corporation (WBS)

NYSE: WBS · IEX Real-Time Price · USD
60.42 0.47 (0.78%)
Jan 25, 2022 4:00 PM EST - Market closed
Market Cap5.47B
Revenue (ttm)1.24B
Net Income (ttm)347.97M
Shares Out90.58M
EPS (ttm)4.42
PE Ratio13.67
Forward PE10.76
Dividend$1.60 (2.65%)
Ex-Dividend DateJan 27, 2022
Volume1,824,354
Open59.75
Previous Close59.95
Day's Range57.90 - 61.07
52-Week Range45.60 - 65.00
Beta1.41
AnalystsBuy
Price Target68.15 (+12.8%)
Earnings Daten/a

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 ...

IndustryBanks
Founded1935
CEOJohn Ciulla
Employees3,345
Stock ExchangeNYSE
Ticker SymbolWBS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for WBS stock is "Buy." The 12-month stock price forecast is 68.15, which is an increase of 12.79% from the latest price.

Price Target
$68.15
(12.79% upside)
Analyst Consensus: Buy

News

Webster (WBS) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Webster Financial's (WBS) Q4 earnings results reflect higher revenues and improved organic growth despite a low-rate economy that hurts margins.

4 days ago - Zacks Investment Research

Raymond James upgrades Webster Financial to strong buy on loan growth

Raymond James analyst William J. Wallace IV (RJA) on Friday upgraded shares of Webster Financial Corp. WBS, -0.20% to strong buy from outperform and increased his price target to $73 from $65.

4 days ago - Market Watch

Webster Financial (WBS) Q4 Earnings and Revenues Surpass Estimates

Webster Financial (WBS) delivered earnings and revenue surprises of 19.09% and 2.64%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

5 days ago - Zacks Investment Research

WEBSTER REPORTS FOURTH QUARTER 2021 EARNINGS OF $1.20 PER DILUTED SHARE

WATERBURY, Conn., Jan. 20, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

5 days ago - PRNewsWire

Best Income Stocks to Buy for January 18th

BAX, F, and WBS made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 18, 2022

Other symbols:BAXF
1 week ago - Zacks Investment Research

Should You Buy Webster Financial (WBS) Ahead of Earnings?

Webster Financial (WBS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 week ago - Zacks Investment Research

Webster Financial (WBS) Reports Next Week: Wall Street Expects Earnings Growth

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.

1 week ago - Zacks Investment Research

Webster Financial Corporation Announces Fourth Quarter 2021 Earnings Release and Conference Call

WATERBURY, Conn., Jan. 7, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

2 weeks ago - PRNewsWire

KBRA Assigns Ratings to Webster Financial Corporation

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns a senior unsecured debt rating of A-, a subordinated debt rating of BBB+, a preferred stock rating of BBB, and a short-term debt rating of K2 to Connectic...

2 weeks ago - Business Wire

New Year Brings Cheers for Bank Investors as Stocks Rise: 3 Picks

Stocks like Northern Trust (NTRS), East West Bancorp (EWBC) and Webster Financial (WBS) will keep benefiting from favorable developments in the banking industry this year.

Other symbols:EWBCNTRS
3 weeks ago - Zacks Investment Research

The Fed Just Gave These 3 Stocks a Boost

After market close on Dec. 17, the Federal Reserve signed off on three bank mergers that have been in their pipeline.

Other symbols:FCNCAWSFS
1 month ago - The Motley Fool

Webster (WBS) & Sterling (STL) Merger Gets Regulatory Nod

Webster Financial (WBS) and Sterling (STL) receives a green flag from the Federal Reserve System for the merger deal, reflecting the regulator's confidence in the rationale behind and the synergies of t...

Other symbols:STL
1 month ago - Zacks Investment Research

WEBSTER, STERLING ANNOUNCE RECEIPT OF ALL REQUIRED REGULATORY APPROVALS FOR MERGER

WATERBURY, Conn. and PEARL RIVER, N.Y.

Other symbols:STL
1 month ago - PRNewsWire

The Ratings Game: Mid-Cap banks healthy but eye downward pressure on overdraft fees

Jefferies analysts said mid-cap banks look healthy heading into 2022, but the sector faces downward pressure on overdraft fees and the potential for increased scrutiny of M&A deals.

1 month ago - Market Watch

Revenue Growth Aids Webster Financial (WBS) Despite Cost Woes

Webster Financial (WBS) is likely to benefit from its sound loan and deposit balances, and rising revenues. Yet, a high debt level and mounting costs pose headwinds.

2 months ago - Zacks Investment Research

Webster Financial Corporation Declares Common and Preferred Dividends

WATERBURY, Conn., Oct. 26, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A.

2 months ago - PRNewsWire

Webster Financial (WBS) Stock Down 1.15% on Q3 Earnings Miss

Webster Financial's (WBS) Q3 earnings reflect higher revenues and improved organic growth amid a low-rate economy that hurt margins.

3 months ago - Zacks Investment Research

Webster Financial (WBS) Misses Q3 Earnings Estimates

Webster Financial (WBS) delivered earnings and revenue surprises of -0.92% and 6.33%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Webster Reports Third Quarter 2021 Earnings Of $1.03 Per Diluted Share

WATERBURY, Conn., Oct. 21, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

3 months ago - PRNewsWire

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.

3 months ago - Zacks Investment Research

Webster Financial Corporation Announces Third Quarter 2021 Earnings Release and Conference Call

WATERBURY, Conn., Oct. 8, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

3 months ago - PRNewsWire

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.

Other symbols:STL
5 months ago - Zacks Investment Research

Webster, Sterling Stockholders Approve Merger

WATERBURY, Conn. and PEARL RIVER, N.Y.

Other symbols:STL
5 months ago - PRNewsWire

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.

6 months ago - Zacks Investment Research

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?

6 months ago - Zacks Investment Research