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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.
Webster Financial Corporation's stock has dropped 21.3% since October 2024, outperforming the S&P 500's 13.4% decline, prompting a shift from 'hold' to a 'buy'. Despite a rise in provisions for credit losses, Webster Financial's net interest income and balance sheet have shown growth, indicating a resilient financial position. The company's valuation is attractive, with a price-to-earnings multiple of 7.8, making it cheaper than comparable firms, though asset quality metrics are mixed.
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS) (“Webster” or “the Company”), the holding company for Webster Bank, N.A., today announced that after 14 years with the Company, Dan Bley intends to retire from his role as Executive Vice President and Chief Risk Officer (CRO). Mr. Bley will continue to serve as the Company's CRO until a successor is appointed and will then serve in an advisory role to ensure a smooth transition. “Dan has been instrumental in driving a s.
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.