Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
12 December 1986Website:
http://public.websteronline.comNext earnings report:
23 January 2025Last dividends:
01 November 2024Next dividends:
N/APrice
regular market | 9 min agoAnalysts recommendations
Institutional Ownership
WBS Latest News
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Declares Common and Preferred Dividends.
Webster Financial stock surged 11.6% on October 17th after Q3 2024 results, despite mixed performance and a previous 'hold' rating. Webster's net interest income dropped 2.7% year-over-year, but deposits and loans increased, showing balance sheet strength. Valuation remains a concern, with a price-to-earnings multiple of 11.3 and return on equity not impressively high.
Webster Financial Corporation (NYSE:WBS ) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Emlen Harmon - Director, IR John Ciulla - CEO Neal Holland - CFO Luis Massiani - President and Chief Operating Officer Conference Call Participants Chris McGratty - KBW Jared Shaw - Barclays. Mark Fitzgibbon - Piper Sandler Matthew Breese - Stephens Daniel Tamayo - Raymond James Bernard Von Gizycki - Deutsche Bank Laurie Hunsicker - Seaport Research Partners Samuel Varga - UBS Operator Good morning.
Webster Financial (WBS) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.55 per share a year ago.
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“Webster”) (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common stockholders of $188.8 million, or $1.10 per diluted share, for the quarter ended September 30, 2024, compared to $222.3 million, or $1.28 per diluted share, for the quarter ended September 30, 2023. Third quarter 2024 results include $56.2 million pre-tax ($41.0 million after tax), or $0.241 per diluted share, of sec.
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.
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Lowers Prime Lending Rate to 8.00 Percent.
Webster Financial (WBS) reported earnings 30 days ago. What's next for the stock?
Webster Financial's (WBS) second-quarter 2024 results are affected by a decline in NII and non-interest income.
Webster Financial (WBS) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.50 per share a year ago.
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What type of business is Webster Financial?
Webster Financial Corporation is an American banking holding company. It was registered in 1986 in the state of Delaware. The headquarters is located in Waterbury, Connecticut. The company's main subsidiary, Webster Bank, provides a wide range of banking, investment, and financial services to individuals and businesses in three reporting segments: - Commercial Banking provides credit, deposit, treasury, and payment solutions to companies with annual revenue exceeding $25 million. - HSA Bank, a division of Webster Bank, specializes in managing health savings accounts. - The Public Banking segment represents Community Banking, which serves consumers and business banking clients in southern New England and Westchester County, New York.
What sector is Webster Financial in?
Webster Financial is in the Financial Services sector
What industry is Webster Financial in?
Webster Financial is in the Banks - Regional industry
What country is Webster Financial from?
Webster Financial is headquartered in United States
When did Webster Financial go public?
Webster Financial initial public offering (IPO) was on 12 December 1986
What is Webster Financial website?
https://public.websteronline.com
Is Webster Financial in the S&P 500?
No, Webster Financial is not included in the S&P 500 index
Is Webster Financial in the NASDAQ 100?
No, Webster Financial is not included in the NASDAQ 100 index
Is Webster Financial in the Dow Jones?
No, Webster Financial is not included in the Dow Jones index
When was Webster Financial the previous earnings report?
No data
When does Webster Financial earnings report?
The next expected earnings date for Webster Financial is 23 January 2025