Analysts on Wall Street project that Webster Financial (WBS) will announce quarterly earnings of $1.36 per share in its forthcoming report, representing a decline of 6.9% year over year. Revenues are projected to reach $685.95 million, increasing 8.1% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earn ...

Webster Financial (WBS) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Janu ...

Company Overview - Webster Financial Corporation (NYSE: WBS) is a bank holding company founded in 1935 and headquartered in Stamford, CT [1] - The company offers a range of banking and financial solutions through its bank subsidiary, Webster Bank [1] - Webster Bank primarily operates in Connecticut, Massachusetts, Rhode Island, and New York [1] Business Operations - Webster Financial Corporation provides various banking and financial services through its subsidiary, Webster Bank [1] - The company's operations are concentrated in the Northeastern United States, specifically in Connecticut, Massachusetts, Rhode Island, and New York [1]

Webster Financial Corporation’s (WBS) revenue strength, increasing net interest income (NII) and diversified fee income sources support its growth prospects. Solid balance sheet position is another positive. However, elevated expense levels and high debt remain areas of concern.Growth Catalysts for Webster FinancialSolid Balance Sheet Position: Webster Financial has a healthy balance sheet position. Deposits and loans witnessed a four-year (2019-2023) CAGR of 27.1% and 26.1%, respectively. The uptrend conti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________________ ______________________________________________________________________________FORM __________________________________________________10-Q _________-___________________________________________________________________________________________________ ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly peri ...

Webster Financial (WBS) reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calendar. Results were affected by a fall in non-interest income and higher provisions. However, lower expenses and increased net interest income (NII) offered some support. Net income applicable to common shareholders (GAAP ba ...

October 17th ended up being a really solid day for shareholders of Webster Financial (NYSE: WBS ). The stock skyrocketed, closing up 11.6%, after management announced financial results covering the third quarter of the Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses ...

Webster Financial Corporation (NYSE:WBS) Q3 2024 Earnings Conference Call October 17, 2024 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 Chris McGratty - KBW Jared Shaw - Barclays. Mark Fitzgibbon - Piper Sandler Matthew Breese - Stephens Daniel Tamayo - Raymond James Bernard Von Gizycki - Deutsche Bank Laurie Hunsicker - Seaport Research Partners Samuel Varga - UBS Operator ...

For the quarter ended September 2024, Webster Financial (WBS) reported revenue of $647.62 million, down 4.4% over the same period last year. EPS came in at $1.34, compared to $1.55 in the year-ago quarter. The reported revenue represents a surprise of -3.84% over the Zacks Consensus Estimate of $673.5 million. With the consensus EPS estimate being $1.35, the EPS surprise was -0.74%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...

Webster Financial (WBS) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -0.74%. A quarter ago, it was expected that this holding company for Webster Bank would post earnings of $1.34 per share when it actually produced earnings of $1.26, delivering a surprise of -5.97%. Over the last ...