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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.
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 Q4 2023 Earnings Release and Conference Call.
Webster Financial (WBS) announces the acquisition of Ametros in an all-cash deal worth $350 million. It is expected to be accretive to the consensus estimate for 2025 earnings by more than 2%.
A rise in revenues and a slight fall in provisions support Webster Financial's (WBS) Q3 earnings. However, higher operating costs and lower fee income are the undermining factors.
Webster Financial Corporation (WBS) Q3 2023 Earnings Call Transcript
Webster Financial (WBS) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.46 per share a year ago.