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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STAMFORD, Conn. , June 15, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Raises Prime Lending Rate to 4.75 Percent

STAMFORD, Conn. , June 10, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Appoints Vikram Nafde to Executive Vice President, Chief Information Officer

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Mario Gabelli Gains Webster Financial, Adds to Halliburton Stake

Webster Financial's (WBS) buyouts have aided deposit and revenue growth. However, high debt and low cash balance are worrisome.

Webster Financial (WBS) Rides on Acquisitions Despite High Debt

STAMFORD, Conn. , May 4, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Raises Prime Lending Rate to 4.00 Percent

Higher revenues and a solid balance sheet position drive the Q1 results of Webster Financial (WBS). However, lower NIM and deteriorating credit quality are downsides.

Webster (WBS) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Webster Financial Corporation (NYSE:WBS ) Q1 2022 Earnings Conference Call April 28, 2022 9:00 AM ET Company Participants John Ciulla – Chairman, President, and Chief Executive Officer Alan Herman – Director, Investor Relations Glenn MacInnes – Chief Financial Officer Conference Call Participants Chris McGratty – KBW Casey Haire – Jefferies Alex Larong – JPMorgan Brock Vandervliet – UBS Jared Shaw – Wells Fargo Securities David Tamberrino – Wedbush Securities Matthew Breese – Stephens Incorporated Laurie Hunsicker – Compass Point Jon Arfstrom – RBC Capital Markets Operator Good morning. Welcome to the Webster Financial Corporation's First Quarter 2022 Earnings Call.

Webster Financial Corporation (WBS) CEO John Ciulla on Q1 2022 Results - Earnings Call Transcript

Webster Financial (WBS) delivered earnings and revenue surprises of 6.90% and 2.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Webster Financial (WBS) Q1 Earnings and Revenues Surpass Estimates

STAMFORD, Conn. , April 28, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Reports First Quarter 2022 EPS of $(0.14); Adjusted EPS OF $1.24

STAMFORD, Conn. , April 12, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Financial Corporation Announces First Quarter 2022 Earnings Release and Conference Call

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.

Earnings Preview: Webster Financial (WBS) Q1 Earnings Expected to Decline

STAMFORD, Conn. , April 1, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A.

Webster Financial Corporation Declares Preferred Dividend

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STAMFORD, Conn. , March 16, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Raises Prime Lending Rate to 3.50 Percent

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Webster Financial's (WBS) organic and inorganic growth efforts, along with cost-control and sound capital-deployment activities, make it worth betting on.

7 Reasons Why It's Worth Betting on Webster (WBS) Stock Now

STAMFORD, Conn., Feb. 18, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Sets Date for Virtual Annual Shareholders Meeting

Webster Financial's (WBS) buyout of Bend Financial will enable its arm, HSA Bank, to advance its digital experience initiative and equip consumers to better understand their healthcare savings accounts.

Webster Financial (WBS) Snaps Up Bend Financial for HSA Bank

Webster Financial Corporation is getting close to finalizing an acquisition deal for Bend Financial, a cloud platform for health savings accounts (HSA), according to a press release on Wednesday (Feb. 16). The financial terms were not disclosed.

Webster Bank Close to Snapping up HSA Platform Bend Financial

MILWAUKEE, Feb. 16, 2022 /PRNewswire/ -- HSA Bank today announced that its parent Webster Financial Corporation (NYSE: WBS) has signed a definitive agreement to acquire Bend Financial, Inc., a cloud-based health savings account (HSA) solutions provider. This investment will further advance efforts to deliver differentiation to customers through a simplified and modern approach to HSA management and engagement.

HSA Bank Accelerates Advanced Digital Experience Initiative

STAMFORD, Conn., Feb. 16, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS) ("Webster") today announced that it has signed a definitive agreement to acquire Bend Financial, Inc. ("Bend"), a cloud-based platform solution provider for health savings accounts (HSA).

News for Webster Financial Stock (WBS)