WBS Stock Recent News

While the top- and bottom-line numbers for Webster Financial (WBS) give a sense of how the business performed in the quarter ended March 2024, 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 $1.35 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.49 per share a year ago.

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.

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q1 2024 Earnings Release and Conference Call.

Last year was one of the slowest in decades for bank mergers. While the deal environment remains harsh, Raymond James sees some potential targets.

Webster Financial's (WBS) inorganic growth initiatives, strong loan pipeline and rising NII support revenue growth. However, high debt and limited liquidity remain concerns.

Webster Financials' (WBS) Q4 earnings reflect higher loans and deposit balances and a decrease in provisions. However, lower NII and non-interest income, and higher expenses act as spoilsports.

Webster Financial Corporation (WBS) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Webster Financial (WBS) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Webster Financial (WBS) came out with quarterly earnings of $1.46 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.60 per share a year ago.