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's (WBS) high debt levels, unsustainable capital-deployment activities and loan portfolio concentration make it an unsafe bet. Yet, high rates and robust loan growth are tailwinds.

Webster Financial (WBS) Hurt by High Debt Despite Loan Growth

A decline in non-interest income impedes Webster Financial's (WBS) Q1 earnings. However, a huge rise in NII, decent loan demand, higher rates and a decline in expenses are the supporting factors.

Webster Financial (WBS) Q1 Earnings & Revenues Miss Estimates

Webster Financial Corporation (WBS) Q1 2023 Earnings Call Transcript.

Webster Financial Corporation (WBS) Q1 2023 Earnings Call Transcript

Webster Financial (WBS) came out with quarterly earnings of $1.49 per share, missing the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $1.24 per share a year ago.

Webster Financial (WBS) Q1 Earnings and Revenues Lag 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 $216.8 million, or $1.24 per diluted share, for the quarter ended March 31, 2023, compared to net (loss) available to common stockholders of $(20.2) million, or $(0.14) per diluted share, for the quarter ended March 31, 2022. First quarter 2023 results include $56.

Webster Reports First Quarter 2023 EPS of $1.24; Adjusted EPS of $1.49

Webster Financial: Stable Fundamentals And Cheap Price Makes It A Buy

Webster Financial (WBS) doesn't possess 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 (WBS) Reports Next Week: Wall Street Expects Earnings Growth

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q1 2023 Earnings Release and Conference Call.

Webster Financial Corporation Announces Q1 2023 Earnings Release and Conference Call

Webster Financial (WBS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Webster Financial (WBS) Upgraded to Buy: What Does It Mean for the Stock?

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that it has raised its prime lending rate to 8.00 percent from 7.75 percent, effective March 23, 2023. About Webster Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, National Association and its HSA Bank Division.

Webster Raises Prime Lending Rate to 8.00 Percent

Webster Financial (WBS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Webster Financial (WBS) Soars 5.6%: Is Further Upside Left in the Stock?

STAMFORD, Conn. , Feb. 1, 2023 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Raises Prime Lending Rate to 7.75 Percent

Webster Financial's (WBS) fourth-quarter 2022 results are adversely impacted by rising expenses and higher provisions. However, substantial growth NII and fee income act as tailwinds.

Webster Financial (WBS) Gains 8.2% Despite Q4 Earnings Miss

Webster Financial Corporation (NYSE:WBS ) Q4 2022 Earnings Conference Call January 26, 2023 9:00 AM ET Company Participants Emlen Harmon - Investor Relations John Ciulla - Chief Executive Officer Glenn MacInnes - Executive Vice President, Chief Financial Officer Conference Call Participants Chris McGratty - Keefe, Bruyette, & Woods Mark Fitzgibbon - Piper Sandler Matthew Breese - Stephens Inc. Casey Haire - Jefferies Alex Lau - JPMorgan Jared Shaw - Wells Fargo Securities Manan Gosalia - Morgan Stanley Laurie Hunsicker - Compass Point Jon Arfstrom - RBC Capital Markets Operator Ladies and gentlemen, good morning, and welcome to the Webster Financial Corporation Fourth Quarter 2022 Earnings Call. Please note that this event is being recorded.

Webster Financial Corporation (WBS) Q4 2022 Earnings Call Transcript

Webster Financial (WBS) delivered earnings and revenue surprises of -3.61% and 0.37%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Webster Financial (WBS) Q4 Earnings Miss Estimates

STAMFORD, Conn. , Jan. 26, 2023 /PRNewswire/ -- Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A.

WEBSTER REPORTS FOURTH QUARTER 2022 EPS OF $1.38; ADJUSTED EPS OF $1.60

STAMFORD, Conn. , Jan. 20, 2023 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS) will host an Investor Day for institutional investors and analysts on Thursday, March 2, 2023, from 8:30 a.m.

Webster to Host Investor Day March 2

NEW YORK , Jan. 11, 2023 /PRNewswire/ -- StoneCastle Partners, LLC ("StoneCastle Partners") announced today that it has sold its subsidiary, StoneCastle Insured Sweep, LLC (d/b/a interLINK), to Webster Financial Corporation's (NYSE: WBS) principal bank subsidiary Webster Bank, N.A. ("Webster").

StoneCastle Partners LLC, Completes Sale of interLINK

STAMFORD, Conn. , Jan. 11, 2023 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A.

Webster Closes interLINK Acquisition

STAMFORD, Conn. , Jan. 9, 2023 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Financial Corporation Announces Q4 2022 Earnings Release and Conference Call

Strategic acquisitions, solid loan and deposit balances and higher interest rates will keep supporting Webster Financial (WBS) despite high debt and risky loan concentration.

Webster Financial (WBS) Rides on Buyouts Despite High Debt

After losing some value lately, a hammer chart pattern has been formed for Webster Financial (WBS), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Bears are Losing Control Over Webster Financial (WBS), Here's Why It's a 'Buy' Now

STAMFORD, Conn. , Dec. 14, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Raises Prime Lending Rate to 7.50 Percent

Webster Financial (WBS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Webster Financial (WBS) Loses 13.7% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

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 revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

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