Webster Financial Corporation (WBS)
| Market Cap | 5.47B |
| Revenue (ttm) | 1.24B |
| Net Income (ttm) | 347.97M |
| Shares Out | 90.58M |
| EPS (ttm) | 4.42 |
| PE Ratio | 13.67 |
| Forward PE | 10.76 |
| Dividend | $1.60 (2.65%) |
| Ex-Dividend Date | Jan 27, 2022 |
| Volume | 1,824,354 |
| Open | 59.75 |
| Previous Close | 59.95 |
| Day's Range | 57.90 - 61.07 |
| 52-Week Range | 45.60 - 65.00 |
| Beta | 1.41 |
| Analysts | Buy |
| Price Target | 68.15 (+12.8%) |
| Earnings Date | n/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 ...
Financial Performance
Financial StatementsAnalyst 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.
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.
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.
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?
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.
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
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.
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.
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.
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...
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.
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.
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...
WEBSTER, STERLING ANNOUNCE RECEIPT OF ALL REQUIRED REGULATORY APPROVALS FOR MERGER
WATERBURY, Conn. and PEARL RIVER, N.Y.
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.
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.
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.
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.
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?
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.
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 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.
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?