WBS Stock Recent News

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“the Company”) (NYSE:WBS), the holding company for Webster Bank, N.A., announced today that its Board of Directors increased the Company's authority to repurchase shares of its common stock by $700,000,000 under its existing share repurchase program. The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordanc.

Webster Financial's first-quarter 2025 earnings lag estimates on high provisions and costs, and lower fee income, partially offset by higher NII.

Webster Financial Corporation (NYSE:WBS ) Q1 2025 Earnings Conference Call April 24, 2025 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 Andrew Leischner - KBW Jared Shaw - Barclays Mark Fitzgibbon - Piper Sandler Matthew Breese - Stephens Casey Haire - Autonomous Research Timur Braziler - Wells Fargo Manan Gosalia - Morgan Stanley Bernard Von Gizycki - Deutsche Bank Daniel Tamayo - Raymond James Laurie Hunsicker - Seaport Samuel Varga - UBS Jon Arfstrom - RBC Capital Markets Anthony Elian - JPMorgan Operator Good morning, and welcome to Webster Financial Corporation First Quarter 2025 Earnings Conference Call. Please note, this event is being recorded.

While the top- and bottom-line numbers for Webster Financial (WBS) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Webster Financial (WBS) came out with quarterly earnings of $1.30 per share, missing the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.35 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 applicable to common stockholders of $220.4 million, or $1.30 per diluted share, for the quarter ended March 31, 2025, compared to $210.1 million, or $1.23 per diluted share, for the quarter ended March 31, 2024. “Webster has again proven its capacity to consistently execute through a variety of operating environments,” said John R. Ciul.

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 March 2025.

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) 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.

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q1 2025 Earnings Release and Conference Call.