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Webster Financial Corporation (WBS)

NYSE: WBS · Delayed Price · USD
47.84
-0.85 (-1.75%)
Pre-market:Sep 20, 2021 7:00 AM EDT
48.69
-0.38 (-0.77%)
At close: Sep 17, 4:00 PM
Market Cap4.41B
Revenue (ttm)1.21B
Net Income (ttm)321.69M
Shares Out90.42M
EPS (ttm)3.58
PE Ratio13.59
Forward PE9.74
Dividend$1.60 (3.29%)
Ex-Dividend DateAug 2, 2021
Volume550,181
Open49.31
Previous Close49.07
Day's Range48.53 - 49.89
52-Week Range22.82 - 62.80
Beta1.54
AnalystsBuy
Price Target61.00 (+25.3%)
Est. Earnings DateOct 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 ...

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

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 Statements

Analyst 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.

Price Target
$61.00
(25.28% upside)
Analyst Consensus: Buy

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.

Other symbols:STL
1 month ago - Zacks Investment Research

Webster, Sterling Stockholders Approve Merger

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

Other symbols:STL
1 month 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.

1 month 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?

1 month ago - Zacks Investment Research

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...

1 month ago - Benzinga

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.

1 month ago - PRNewsWire

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...

1 month ago - Zacks Investment Research

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.

2 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.

2 months ago - Zacks Investment Research

The 6 Biggest Bank Acquisitions in the First Half of 2021

Bank mergers and acquisitions rebounded in the first half of 2021 after slowing down last year due to the pandemic.

2 months ago - The Motley Fool

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.

2 months ago - PRNewsWire

Top Ranked Income Stocks to Buy for June 23rd

Top Ranked Income Stocks to Buy for June 23rd

Other symbols:GEFLCIIR
2 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for June 17th

Top Ranked Income Stocks to Buy for June 17th

Other symbols:BKEFCFHBNC
3 months ago - Zacks Investment Research

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).

3 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for June 4th

Top Ranked Income Stocks to Buy for June 4th

Other symbols:BKENFBK
3 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for June 1st

Top Ranked Income Stocks to Buy for June 1st

Other symbols:BRTFCFNFBK
3 months ago - Zacks Investment Research

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?

4 months ago - Zacks Investment Research

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.

Other symbols:BXSCADESTLTFC
4 months ago - The Motley Fool

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...

Other symbols:BKUBXSGNTYINDBNYCBPNC
4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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.

Other symbols:STL
4 months ago - The Motley Fool

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...

4 months ago - Benzinga

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.

4 months ago - PRNewsWire

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.

4 months ago - Zacks Investment Research

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...

Other symbols:STL
5 months ago - PRNewsWire