Webster Financial

Webster Financial Corp. is a holding company, which engages in the provision of financial services to individuals, families, and businesses. It operates through the following business segments: Commercial Banking, HSA Bank, and Retail Banking. The Commercial Banking segment includes commercial banking and private banking. The HSA Bank segment offers comprehensive consumer directed healthcare solutions. The Retail Banking segment consists of consumer lending and small business banking units. The company was founded in 1986 and is headquartered in Stamford, CT.

Earnings data Q2 2023

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Webster Financial's (WBS) high debt levels, unsustainable capital-deployment activities and loan portfolio concentration make it an unsafe bet. Yet, high rates and robust loan growth are tailwinds.

Webster Financial (WBS) Hurt by High Debt Despite Loan Growth

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Raises Prime Interest Rate to 8.25 Percent.

Webster Financial Corporation Declares Common and Preferred Dividends

A decline in non-interest income impedes Webster Financial's (WBS) Q1 earnings. However, a huge rise in NII, decent loan demand, higher rates and a decline in expenses are the supporting factors.

Webster Financial (WBS) Q1 Earnings & Revenues Miss Estimates

Webster Financial Corporation (WBS) Q1 2023 Earnings Call Transcript.

Webster Financial Corporation (WBS) Q1 2023 Earnings Call Transcript

Webster Financial (WBS) came out with quarterly earnings of $1.49 per share, missing the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $1.24 per share a year ago.

Webster Financial (WBS) Q1 Earnings and Revenues Lag Estimates

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, today announced net income available to common stockholders of $216.8 million, or $1.24 per diluted share, for the quarter ended March 31, 2023, compared to net (loss) available to common stockholders of $(20.2) million, or $(0.14) per diluted share, for the quarter ended March 31, 2022. First quarter 2023 results include $56.

Webster Reports First Quarter 2023 EPS of $1.24; Adjusted EPS of $1.49

Webster Financial: Stable Fundamentals And Cheap Price Makes It A Buy

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) Reports Next Week: Wall Street Expects Earnings Growth

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q1 2023 Earnings Release and Conference Call.

Webster Financial Corporation Announces Q1 2023 Earnings Release and Conference Call

Webster Financial (WBS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Webster Financial (WBS) Upgraded to Buy: What Does It Mean for the Stock?

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that it has raised its prime lending rate to 8.00 percent from 7.75 percent, effective March 23, 2023. About Webster Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, National Association and its HSA Bank Division.

Webster Raises Prime Lending Rate to 8.00 Percent

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.

Webster Financial (WBS) Soars 5.6%: Is Further Upside Left in the Stock?

STAMFORD, Conn. , Feb. 1, 2023 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Raises Prime Lending Rate to 7.75 Percent

Webster Financial's (WBS) fourth-quarter 2022 results are adversely impacted by rising expenses and higher provisions. However, substantial growth NII and fee income act as tailwinds.

Webster Financial (WBS) Gains 8.2% Despite Q4 Earnings Miss

Webster Financial Corporation (NYSE:WBS ) Q4 2022 Earnings Conference Call January 26, 2023 9:00 AM ET Company Participants Emlen Harmon - Investor Relations John Ciulla - Chief Executive Officer Glenn MacInnes - Executive Vice President, Chief Financial Officer Conference Call Participants Chris McGratty - Keefe, Bruyette, & Woods Mark Fitzgibbon - Piper Sandler Matthew Breese - Stephens Inc. Casey Haire - Jefferies Alex Lau - JPMorgan Jared Shaw - Wells Fargo Securities Manan Gosalia - Morgan Stanley Laurie Hunsicker - Compass Point Jon Arfstrom - RBC Capital Markets Operator Ladies and gentlemen, good morning, and welcome to the Webster Financial Corporation Fourth Quarter 2022 Earnings Call. Please note that this event is being recorded.

Webster Financial Corporation (WBS) Q4 2022 Earnings Call Transcript

Webster Financial (WBS) delivered earnings and revenue surprises of -3.61% and 0.37%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Webster Financial (WBS) Q4 Earnings Miss Estimates

STAMFORD, Conn. , Jan. 26, 2023 /PRNewswire/ -- Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A.

WEBSTER REPORTS FOURTH QUARTER 2022 EPS OF $1.38; ADJUSTED EPS OF $1.60

STAMFORD, Conn. , Jan. 20, 2023 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS) will host an Investor Day for institutional investors and analysts on Thursday, March 2, 2023, from 8:30 a.m.

Webster to Host Investor Day March 2

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.

Webster Financial (WBS) Earnings Expected to Grow: Should You Buy?

NEW YORK , Jan. 11, 2023 /PRNewswire/ -- StoneCastle Partners, LLC ("StoneCastle Partners") announced today that it has sold its subsidiary, StoneCastle Insured Sweep, LLC (d/b/a interLINK), to Webster Financial Corporation's (NYSE: WBS) principal bank subsidiary Webster Bank, N.A. ("Webster").

StoneCastle Partners LLC, Completes Sale of interLINK

STAMFORD, Conn. , Jan. 11, 2023 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A.

Webster Closes interLINK Acquisition

STAMFORD, Conn. , Jan. 9, 2023 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

Webster Financial Corporation Announces Q4 2022 Earnings Release and Conference Call

Strategic acquisitions, solid loan and deposit balances and higher interest rates will keep supporting Webster Financial (WBS) despite high debt and risky loan concentration.

Webster Financial (WBS) Rides on Buyouts Despite High Debt

After losing some value lately, a hammer chart pattern has been formed for Webster Financial (WBS), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Bears are Losing Control Over Webster Financial (WBS), Here's Why It's a 'Buy' Now

STAMFORD, Conn. , Dec. 14, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A.

News for Webster Financial Stock (WBS)