Webster Financial

Webster Financial Corp. is a holding company, which engages in the provision of financial services to individuals, families, and businesses. It operates through the following business segments: Commercial Banking, HSA Bank, and Retail Banking. The Commercial Banking segment includes commercial banking and private banking. The HSA Bank segment offers comprehensive consumer directed healthcare solutions. The Retail Banking segment consists of consumer lending and small business banking units. The company was founded in 1986 and is headquartered in Stamford, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Webster Financial (WBS) reports record EPS and eyes growth opportunities

Webster Financial delivered strong financial performance with record EPS and robust return on equity.
The company's strategic actions and focus on credit quality positioned it well for future growth.
While facing challenges in loan growth and expenses, Webster remains committed to optimizing its balance sheet.
Opportunities lie in revenue synergies from interLINK, deposit growth, and expanding commercial activities.

Webster Financial (WBS) reports strong Q1 performance and capital optimization

Webster Financial showcased resilience and growth in Q1 2023, focusing on deposit strength and credit quality.
Challenges include managing cash levels and adjusting loan growth guidance amidst market conditions.
Opportunities lie in commercial real estate growth, capital optimization, and leveraging interLINK for deposit stability.

Webster Financial (WBS) reports Q2 earnings, eyes NIM improvement

Webster Financial's Q2 performance showed resilience with deposit growth, controlled expenses, and strategic portfolio adjustments. While facing NIM challenges and deposit competition, the company remains well-capitalized and focused on growth opportunities. Anticipated improvements in NIM, loan yields, and cost savings post-merger highlight a positive outlook for Webster Financial.

Webster Financial reports robust Q3 performance and eyes strategic growth

Webster Financial's Q3 performance reflects strong financial health and strategic focus on growth and efficiency.
The company's emphasis on stability, liquidity, and credit quality positions it well for future opportunities.
Challenges include managing loan portfolio dynamics and optimizing capital allocation for sustained growth.
Opportunities lie in potential acquisitions, cross-selling initiatives, and strategic expansion into new markets.

Webster Financial excels in Q4 with record earnings and growth opportunities

Webster Financial's Q4 2023 performance was strong, marked by record earnings and strategic acquisitions. The company demonstrated resilience in credit quality and proactive risk management. Opportunities for growth and optimization exist through core lending, fee income expansion, and strategic acquisitions.

Webster Financial reports strong Q1 performance amidst strategic initiatives

Webster Financial's Q1 performance reflects stability, growth, and a strategic focus on innovation and customer empowerment.
Challenges in managing deposit costs, credit metrics, and nonperforming loans require vigilant risk management and strategic adjustments.
Opportunities in targeted growth, expense optimization, and capital return strategies position the company for sustainable long-term success.
Maintaining strong capital levels, managing credit prudently, and deepening client relationships are key focus areas for future growth.

Webster Financial (WBS) reports robust Q3 earnings and growth prospects

Webster Financial's Q3 performance reflects operational strength, profitability, and strategic focus on growth and efficiency.
While facing challenges in sustaining growth and managing risks, the company is well-positioned to leverage opportunities for expansion and value creation.
Investors can be optimistic about Webster Financial's solid financial foundation, prudent management, and potential for future growth and shareholder returns.

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Webster Financial (WBS) is close to forming a private credit partnership with Marathon Asset. If finalized, it will underscore their shared commitment to delivering tailored financial solutions.

Webster (WBS) May Tie Up With Marathon Asset for Private Credit

Webster Financial's (WBS) Q1 earnings reflect a rise in non-interest income and loan balances and a decline in provisions. However, challenges emerge with lower NII, along with elevated costs.

Webster Financial (WBS) Dips 4.9% as Q1 Earnings Miss Estimates

Webster Financial Corporation (NYSE:WBS ) Q1 2024 Earnings Conference Call April 23, 2024 9:00 AM ET Company Participants Emlen Harmon - Director of IR John Ciulla - CEO Glenn MacInnes - CFO Conference Call Participants Matt Breese - Stephens Chris McGratty - KBW Mark Fitzgibbon - Piper Sandler Steven Alexopoulos - JP Morgan Casey Haire - Jefferies Jared Shaw - Barclays. Manan Gosalia - Morgan Stanley Daniel Tamayo - Raymond James Bernard von-Gizycki - Deutsche Bank Laurie Hunsicker - Seaport Research Partners Operator Good morning, and welcome to the Webster Financial First Quarter 2024 Earnings Call.

Webster Financial Corporation (WBS) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Webster Financial (WBS) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Webster Financial (WBS) Reports Q1 Earnings: What Key Metrics Have to Say

Webster Financial (WBS) came out with quarterly earnings of $1.35 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.49 per share a year ago.

Webster Financial (WBS) Misses Q1 Earnings and Revenue Estimates

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 $212.2 million, or $1.23 per diluted share, for the quarter ended March 31, 2024, compared to $216.8 million, or $1.24 per diluted share, for the quarter ended March 31, 2023. First quarter 2024 results include $13.2 million pre-tax ($20.8 million after tax), or $0.121 per diluted share, of net charges.

Webster Reports First Quarter 2024 EPS of $1.23; Adjusted EPS of $1.35

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q1 2024 Earnings Release and Conference Call.

Webster Financial Corporation Announces Q1 2024 Earnings Release and Conference Call

Last year was one of the slowest in decades for bank mergers. While the deal environment remains harsh, Raymond James sees some potential targets.

Webster Financial, Pacific Premier May Be Targets in Bank M&A

Webster Financial's (WBS) inorganic growth initiatives, strong loan pipeline and rising NII support revenue growth. However, high debt and limited liquidity remain concerns.

Webster Financial (WBS) Rides on Top-Line Growth Amid Debt Woes

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Webster Financials' (WBS) Q4 earnings reflect higher loans and deposit balances and a decrease in provisions. However, lower NII and non-interest income, and higher expenses act as spoilsports.

Webster Financial (WBS) Dips 2.3% Despite In-Line Q4 Earnings

Webster Financial Corporation (WBS) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Webster Financial (WBS) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Webster Financial (WBS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Webster Financial (WBS) came out with quarterly earnings of $1.46 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.60 per share a year ago.

Webster Financial (WBS) Q4 Earnings Match Estimates

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, today announced net income available to common stockholders of $181.2 million, or $1.05 per diluted share, for the quarter ended December 31, 2023, compared to $240.6 million, or $1.38 per diluted share, for the quarter ended December 31, 2022. Fourth quarter 2023 results include $94.7 million pre-tax ($69.3 million after tax), or $0.411.

Webster Reports Fourth Quarter 2023 EPS of $1.05; Adjusted EPS of $1.46

Besides Wall Street's top -and-bottom-line estimates for Webster Financial (WBS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Countdown to Webster Financial (WBS) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q4 2023 Earnings Release and Conference Call.

Webster Financial Corporation Announces Q4 2023 Earnings Release and Conference Call

Webster Financial (WBS) announces the acquisition of Ametros in an all-cash deal worth $350 million. It is expected to be accretive to the consensus estimate for 2025 earnings by more than 2%.

Webster Financial (WBS) Agrees to Acquire Ametros for $350M

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A. ("Webster") has signed a definitive agreement to acquire Ametros Financial Corp (“Ametros”), a custodian and administrator of medical funds from insurance claim settlements, from funds managed by Long Ridge Equity Partners (“Long Ridge”). Ametros, the nation's largest professional administrator of medical insurance claim settlements, helps individuals.

Webster Signs Definitive Agreement to Acquire Ametros

Webster Financials' (WBS) revenue growth is supported by a rise in NII and non-interest income over the years. Yet, higher debt levels make capital distributions seem unsustainable.

Organic Growth Aids Webster Financial (WBS), Higher Debt Ails

CORRECTING and REPLACING Webster Financial Corporation Declares Common and Preferred Dividends

A rise in revenues and a slight fall in provisions support Webster Financial's (WBS) Q3 earnings. However, higher operating costs and lower fee income are the undermining factors.

Webster Financial (WBS) Declines 2.9% Despite Q3 Earnings Beat

Webster Financial Corporation (WBS) Q3 2023 Earnings Call Transcript

Webster Financial (WBS) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.46 per share a year ago.

Webster Financial (WBS) Q3 Earnings Surpass Estimates

Although the revenue and EPS for Webster Financial (WBS) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

News for Webster Financial Stock (WBS)