Webster Financial (WBS)

• Market cap: $10.3B
• 1 day: -0.33%
• 5 days: -0.60%
• 1 month: 7.29%
• 3 months: 18.07%
• 6 months: 41.30%
• Year to date: 9.54%
• 1 year: 27.58%
• 5 years: 22.91%
• 10 years: 81.55%
• Sector: Financials
• Industry: National Commercial Banks

About: Webster Financial Corp is a full-service provider of financial services, offering commercial and consumer banking, mortgages, and investment advisory along with trust and wealth management services in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania. The company's segment includes Commercial Banking, HSA Bank, and Consumer Banking. It generates maximum revenue from the Commercial Banking segment.

Employees: 4,261

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

178% more call options, than puts

Call options by funds: $13.2M | Put options by funds: $4.75M

5% more capital invested

Capital invested by funds: $6.52B [Q2] → $6.86B (+$342M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 7 [Q2] → 7 (+0) [Q3]

1.34% less ownership

Funds ownership: 87.2% [Q2] → 85.86% (-1.34%) [Q3]

4% less funds holding

Funds holding: 450 [Q2] → 432 (-18) [Q3]

12% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 171

25% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 53

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $65 8% upside
• Avg. target: $71 18% upside
• High target: $76 27% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

RBC Capital Jon G. Arfstrom 0% 1-year accuracy 0 / 1 met price target	13% upside $68	Outperform Maintained	21 Jan 2025
JP Morgan Anthony Elian 59% 1-year accuracy 10 / 17 met price target	8% upside $65	Overweight Maintained	7 Jan 2025
Wells Fargo Timur Braziler 55% 1-year accuracy 17 / 31 met price target	25% upside $75	Overweight Upgraded	6 Jan 2025
UBS Nicholas Holowko 63% 1-year accuracy 5 / 8 met price target	27% upside $76	Buy Assumed	17 Dec 2024
Barclays Jared Shaw 64% 1-year accuracy 45 / 70 met price target	15% upside $69	Overweight Maintained	5 Dec 2024