Webster Financial Corporation

WBS

US9478901096

Banks

Market Closed - Nyse Other stock markets 01:30:02 17/07/2024 am IST			5-day change	1st Jan Change
49.59 ^USD	+3.55%		+13.76%	-2.30%

15/07	Webster Financial Names William Holland as Chief Financial Officer	MT
15/07	Webster Financial Corporation CFO Changes	CI

Webster Financial Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2020

January 21, 2021 at 06:08 pm IST

Webster Financial Corporation announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 216.929 million compared to USD 231.250 million a year ago. Net income was USD 60.044 million compared to USD 90.473 million a year ago. Basic earnings per share from continuing operations was USD 0.64 compared to USD 0.96 a year ago. For the full year, net interest income was USD 891.393 million compared to USD 955.127 million a year ago. Net income was USD 220.621 million compared to USD 382.723 million a year ago. Basic earnings per share from continuing operations was USD 2.35 compared to USD 4.07 a year ago. Diluted earnings per share from continuing operations was USD 2.35 compared to USD 4.06 a year ago.

Latest news about Webster Financial Corporation

Webster Financial Names William Holland as Chief Financial Officer	15/07	MT
Webster Financial Corporation CFO Changes	15/07	CI
Webster Financial Corporation Announces Management Changes	15/07	CI
Keefe, Bruyette & Woods Adjusts Price Target on Webster Financial to $55 From $58, Maintains Outperform Rating	09/07	MT
Jefferies Adjusts Price Target on Webster Financial to $51 From $56, Maintains Buy Rating	03/07	MT
Sector Update: Financial Stocks Mixed Late Afternoon	02/07	MT
Webster Financial's Unit, Marathon Asset Management Forming Private Credit Joint Venture	01/07	MT
Webster Financial Corporation and Marathon Asset Management, LP Announce Private Credit Joint Venture	01/07	CI
Webster Financial, Marathon Asset Management Near Private Credit Partnership	01/07	MT
JPMorgan Adjusts Price Target on Webster Financial to $58 From $63, Maintains Overweight Rating	27/06	MT
Tranche Update on Webster Financial Corporation's Equity Buyback Plan announced on November 6, 2017.	11/05	CI
Webster Financial Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on May 16, 2024	25/04	CI
Barclays Adjusts Webster Financial Price Target to $65 From $70, Maintains Overweight Rating	24/04	MT
JPMorgan Adjusts Price Target on Webster Financial to $63 From $65, Keeps Overweight Rating	24/04	MT
Keefe, Bruyette & Woods Adjusts Price Target on Webster Financial to $58 From $64, Maintains Outperform Rating	24/04	MT
RBC Cuts Price Target on Webster Financial to $54 From $57, Keeps Outperform Rating	24/04	MT
Wedbush Cuts Price Target on Webster Financial to $50 From $54, Keeps Neutral Rating	24/04	MT
Transcript : Webster Financial Corporation, Q1 2024 Earnings Call, Apr 23, 2024	23/04
Webster Financial's Q1 Earnings Fall, Revenue Rises	23/04	MT
Earnings Flash (WBS) WEBSTER FINANCIAL CORPORATION Posts Q1 EPS $1.35, vs. Street Est of $1.41	23/04	MT
Webster Financial Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	23/04	CI
Webster Financial Corporation Announces Net Charge Offs for the Quarter Ended March 31, 2024	23/04	CI
Regional Banks Showing Consistent First-Quarter Trends With Upcoming Margin Trough, RBC Says	10/04	MT
US Regional Banks Likely to Show Consistent Trends in Q1 as Margins Near Trough Levels, RBC Says	09/04	MT
RBC Cuts Price Target on Webster Financial to $57 From $59, Keeps Outperform Rating	09/04	MT

Chart Webster Financial Corporation

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Company Profile

Webster Financial Corporation is the holding company for Webster Bank, N.A. and its HSA Bank division. The Company's segments include Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment serves businesses with more than two million dollars of revenue through its commercial real estate and equipment finance, business banking, asset-based lending and commercial services, private banking, treasury management and other business units. The HSA Bank segment offers a comprehensive consumer-directed employee benefit and healthcare solution that includes health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter benefits. The Consumer Banking segment operates a distribution network, throughout southern New England and the New York metro and suburban markets, that comprises approximately 198 banking centers and 349 automated teller machines, a customer care center and a full range of Web and mobile-based banking services.

Sector

Banks

Calendar

23/07/2024 - Q2 2024 Earnings Release

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Ratings for Webster Financial Corporation

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

49.59 USD

Average target price

54.94 USD

Spread / Average Target

+10.78%

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