WBS Stock Recent News

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation to Speak at RBC Capital Markets Global Financial Institutions Conference.

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Declares Common and Preferred Dividends.

WBS' Q4 earnings benefit from an increase in NII, loans and deposit balance, along with a fall in expenses. However, a rise in provisions is a headwind.

Webster Financial Corporation (NYSE:WBS ) Q4 2024 Results Conference Call January 17, 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 Mark Fitzgibbon - Piper Sandler Jared Shaw - Barclays Matthew Breese - Stephens Timur Braziler - Wells Fargo Chris McGratty - KBW Laurie Hunsicker - Seaport Anthony Elian - JPMorgan Nick Holowko - UBS Bernard Von Gizycki - Deutsche Bank Ben Gerlinger - Citigroup Daniel Tamayo - Raymond James Jon Arfstrom - RBC Capital Markets Operator Good morning. Welcome to the Webster Financial Corp. Fourth Quarter 2024 Earnings Conference Call.

The headline numbers for Webster Financial (WBS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Webster Financial (WBS) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.46 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 available to common stockholders of $173.6 million, or $1.01 per diluted share, for the quarter ended December 31, 2024, compared to $181.2 million, or $1.05 per diluted share, for the quarter ended December 31, 2023. Fourth quarter 2024 results include securities repositioning losses of $56.9 million, pre-tax, and a deferred tax asset v.

Webster Financial Corporation WBS will release earnings results for its fourth quarter, before the opening bell on Friday, Jan. 17, 2025.

Evaluate the expected performance of Webster Financial (WBS) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

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.