Webster Financial
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: 4,407
0
Funds holding %
of 7,363 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
350% more call options, than puts
Call options by funds: $29.5M | Put options by funds: $6.57M
106% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 35
29% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 9 (+2) [Q4]
23% more capital invested
Capital invested by funds: $6.86B [Q3] → $8.41B (+$1.55B) [Q4]
7% more funds holding
Funds holding: 433 [Q3] → 463 (+30) [Q4]
3.12% more ownership
Funds ownership: 85.85% [Q3] → 88.97% (+3.12%) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 164
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$65
27%
upside
Avg. target
$71
39%
upside
High target
$76
49%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Jon G. Arfstrom 0% 1-year accuracy 0 / 1 met price target | 33%upside $68 | Outperform Maintained | 21 Jan 2025 |
JP Morgan Anthony Elian 41% 1-year accuracy 7 / 17 met price target | 27%upside $65 | Overweight Maintained | 7 Jan 2025 |
Wells Fargo Timur Braziler 44% 1-year accuracy 14 / 32 met price target | 47%upside $75 | Overweight Upgraded | 6 Jan 2025 |
UBS Nicholas Holowko 13% 1-year accuracy 1 / 8 met price target | 49%upside $76 | Buy Assumed | 17 Dec 2024 |
Financial journalist opinion
Neutral
Business Wire
6 days ago
Webster Financial Corporation to Speak at RBC Capital Markets Global Financial Institutions Conference
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation to Speak at RBC Capital Markets Global Financial Institutions Conference.
Neutral
Business Wire
1 month ago
Webster Financial Corporation Declares Common and Preferred Dividends
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Declares Common and Preferred Dividends.
Positive
Zacks Investment Research
1 month ago
Webster Financial Q4 Earnings Beat on Higher NII & Lower Expenses
WBS' Q4 earnings benefit from an increase in NII, loans and deposit balance, along with a fall in expenses. However, a rise in provisions is a headwind.
Neutral
Seeking Alpha
1 month ago
Webster Financial Corporation (WBS) Q4 2024 Earnings Call Transcript
Webster Financial Corporation (NYSE:WBS ) Q4 2024 Results Conference Call January 17, 2025 9:00 AM ET Company Participants Emlen Harmon - Director, IR John Ciulla - CEO Neal Holland - CFO Luis Massiani - President and Chief Operating Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Jared Shaw - Barclays Matthew Breese - Stephens Timur Braziler - Wells Fargo Chris McGratty - KBW Laurie Hunsicker - Seaport Anthony Elian - JPMorgan Nick Holowko - UBS Bernard Von Gizycki - Deutsche Bank Ben Gerlinger - Citigroup Daniel Tamayo - Raymond James Jon Arfstrom - RBC Capital Markets Operator Good morning. Welcome to the Webster Financial Corp. Fourth Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Webster Financial (WBS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Webster Financial (WBS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
Webster Financial (WBS) Q4 Earnings Top Estimates
Webster Financial (WBS) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.46 per share a year ago.
Neutral
Business Wire
1 month ago
Webster Reports Fourth Quarter 2024 EPS of $1.01; Adjusted EPS of $1.43
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 $173.6 million, or $1.01 per diluted share, for the quarter ended December 31, 2024, compared to $181.2 million, or $1.05 per diluted share, for the quarter ended December 31, 2023. Fourth quarter 2024 results include securities repositioning losses of $56.9 million, pre-tax, and a deferred tax asset v.
Neutral
Benzinga
1 month ago
Webster Financial Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Webster Financial Corporation WBS will release earnings results for its fourth quarter, before the opening bell on Friday, Jan. 17, 2025.
Neutral
Zacks Investment Research
1 month ago
Curious about Webster Financial (WBS) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Evaluate the expected performance of Webster Financial (WBS) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Negative
Zacks Investment Research
1 month ago
Earnings Preview: Webster Financial (WBS) Q4 Earnings Expected to Decline
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.
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