Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Webster Financial Corporation (WBS)

NYSE
Currency in USD
61.78
-0.27(-0.44%)
Closed
Pre Market
61.780.00(0.00%)
WBS Scorecard
Full Analysis
Suffers from weak gross profit margins
Fair Value
Day's Range
61.3262.89
52 wk Range
39.3463.99
Key Statistics
Edit
Prev. Close
61.78
Open
62.55
Day's Range
61.32-62.89
52 wk Range
39.34-63.99
Volume
489.47K
Average Volume (3m)
1.28M
1-Year Change
32.01%
Book Value / Share
unlockUnlock
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
WBS Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
62.62
Upside
+1.36%
Members' Sentiments
Bearish
Bullish
ProTips
Has maintained dividend payments for 38 consecutive years
Show more

Webster Financial Corporation Company Profile

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial products and services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment offers commercial real estate and equipment financing, business banking, asset-based lending, and commercial services; public sector finance; mortgage warehouse financing; sponsor and specialty financing services; credit, deposit, and cash flow management services; and wealth management solutions to business owners and operators, including trust, asset management, financial planning, insurance, retirement, and investment products, as well as treasury management services comprising derivative, treasury, accounts payable, accounts receivable, and trade products and services. This segment also provides commercial services, such as accounts receivable factoring and trade financing, payroll funding, and business process outsourcing. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter benefit services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, benefit consultants, and financial advisors. The Consumer Banking segment provides consumer deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers; and small business banking products, such as credit, deposit, and cash flow management products to businesses and professional service firms. The company offers online and mobile banking services. Webster Financial Corporation was founded in 1935 and is headquartered in Stamford, Connecticut.

Sector
Financial
Employees
4129

Webster Financial Corporation SWOT Analysis


Financial Resilience
Webster Financial outperforms expectations, showcasing strength in net interest income and robust loan and deposit growth despite industry challenges
Funding Advantage
Explore how Webster's diverse funding base positions it to navigate sector-wide pressures and maintain a competitive edge in the evolving banking landscape
Growth Projections
Analysts project EPS growth from $5.41 to $6.08, with an average price target of $58, reflecting confidence in Webster's long-term prospects
Risks and Opportunities
Delve into Webster's strategy for managing office CRE portfolio risks while capitalizing on potential NII expansion and improved borrower conditions
Read full SWOT analysis
WBS Full Pro Research
Institutional-Grade Stock Analysis
Understand how WBS earns money
Financial health at a glance
Bearish and bullish outlooks
Latest expert insights
Actionable Pro Tips, and many more...
Gain access to 1400+ in-depth research reports on the most popular US stocks

Webster Financial Corporation Earnings Call Summary for Q4/2024

  • Q3 deposits up 3.6%, loans up 0.7%; adjusted EPS $1.34; total assets reach $79B; efficiency ratio 45%; CET1 ratio exceeds 11% target
  • Forecasts Q4 loan growth 1-1.5%, 1% deposit decline; projects Q4 net interest income $590-600M; anticipates 5% loan growth in 2025
  • Non-accrual loans and net charge-offs slightly increased; office loans account for 55% of charge-offs; CRE exposure reduced
  • Expects credit quality improvement by H1 2025; prepares for growth to $100B in assets over 3-4 years; maintains high loan loss reserve
  • CEO John Ciulla and new CFO Neal Holland led earnings call; company focuses on technology investments and prudent capital management
Last Updated: 18/10/2024, 09:02 pm
Read Full Transcript

Compare WBS to Peers and Sector

Metrics to compare
WBS
Peers
Sector
Relationship
P/E Ratio
14.1x12.5x8.7x
PEG Ratio
−0.91−0.210.03
Price/Book
1.2x1.3x1.0x
Price / LTM Sales
4.5x3.7x2.8x
Upside (Analyst Target)
0.4%2.0%10.6%
Fair Value Upside
Unlock14.7%2.8%Unlock

Analysts' Recommendations

9 Buy
3 Hold
0 Sell
Ratings:
13 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 62.62

(+1.35% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.42
Dividend Yield
2.59%
Industry Median 4.56%
Annualised payout
1.6000
Paid quarterly
5-Years Growth
+1.85%
Growth Streak

People Also Watch

93.70
PNW
-0.87%
219.99
MTB
-0.37%
101.05
WEC
-0.76%
111.16
NTRS
+0.52%

FAQ

What Is the Webster Financial (WBS) Stock Price Today?

The Webster Financial stock price today is 61.78

What Stock Exchange Does Webster Financial Trade On?

Webster Financial is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Webster Financial?

The stock symbol for Webster Financial is "WBS."

Does Webster Financial Pay Dividends? What’s The Current Dividend Yield?

The Webster Financial dividend yield is 2.59%.

What Is the Webster Financial Market Cap?

As of today, Webster Financial market cap is 10.59B.

What is Webster Financial Earnings Per Share?

The Webster Financial EPS is 4.42.

What Is the Next Webster Financial Earnings Date?

Webster Financial will release its next earnings report on 22 Jan 2025.

From a Technical Analysis Perspective, Is WBS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.