WBS Stock Recent News

NEW YORK--(BUSINESS WIRE)--Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of Assets Under Management, and Webster Bank, N.A. (“Webster Bank”), a leading commercial bank in the Northeast with $76 billion in total assets, are pleased to announce the closing of a senior-secured financing to PK Companies Group, LLC (“PK”) to help facilitate the acquisition by DC Capital Partners Management, LP (“DC Capital”). PK's founders reinvested equity in con.

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 $188.8 million, or $1.10 per diluted share, for the quarter ended September 30, 2024, compared to $222.3 million, or $1.28 per diluted share, for the quarter ended September 30, 2023. Third quarter 2024 results include $56.2 million pre-tax ($41.0 million after tax), or $0.241 per diluted share, of sec.

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 September 2024.

Webster Financial (WBS) possesses 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 Q3 2024 Earnings Release and Conference Call.

WBS' inorganic growth efforts, rising NII and diversified fee income streams aid top-line growth. Yet, rising costs and high debt levels remain concerns.

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Lowers Prime Lending Rate to 8.00 Percent.

Webster Financial (WBS) reported earnings 30 days ago. What's next for the stock?

Webster Financial's (WBS) second-quarter 2024 results are affected by a decline in NII and non-interest income.

Webster Financial Corporation (NYSE:WBS ) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Emlen Harmon - Director, IR John Ciulla - CEO Glenn MacInnes - CFO Conference Call Participants Matthew Breese - Stephens Christopher McGratty - KBW Mark Fitzgibbon - Piper Sandler Steven Alexopoulos - JP Morgan Jared Shaw - Barclays. Manan Gosalia - Morgan Stanley Casey Haire - Jefferies Daniel Tamayo - Raymond James Bernard Von Gizycki - Deutsche Bank Timur Braziler - Wells Fargo Securities Laurie Hunsicker - Seaport Research Partners Operator Good morning.