Webster Financial (WBS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Webster Financial (WBS) reported revenue of $660.98 million for the quarter ended December 2024, reflecting a year-over-year increase of 4.1$685.95 million [1] - The earnings per share (EPS) for the quarter was $1.43, slightly down from$1.46 in the same quarter last year, with an EPS surprise of +5.15% against the consensus estimate of $1.36 [1] Financial Metrics - Net Interest Margin was reported at 3.4$71.86 billion, surpassing the estimated $71.52 billion from five analysts [4] - Total nonperforming loans and leases amounted to$461.33 million, slightly above the estimated $443.36 million from two analysts [4] - Total Non-Interest Income was$52.51 million, significantly lower than the estimated $88.53 million from six analysts [4] - Net Interest Income reached$608.47 million, slightly above the estimated $598.29 million from five analysts [4] - Wealth and investment services income was$8.39 million, compared to the average estimate of $8.71 million from five analysts [4] - Loan and lease related fees totaled$18.77 million, in line with the average estimate of $18.69 million from five analysts [4] - Deposit service fees were$38.67 million, below the estimated $39.64 million from five analysts [4] - Increase in cash surrender value of life insurance policies was$7.39 million, compared to the estimated $7.78 million from four analysts [4] - Non-interest income from Other income was$36.18 million, significantly higher than the estimated $14.32 million from four analysts [4] Stock Performance - Webster Financial's shares have returned +7% over the past month, outperforming the Zacks S&P 500 composite, which saw a -2.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]