Webster Financial (US:WBS) ZACKSยท2025-04-21 14:21Core Viewpoint - Webster Financial (WBS) is expected to report quarterly earnings of $1.38 per share, a 2.2% increase year-over-year, with revenues projected at $714.9 million, reflecting a 7.2% year-over-year growth [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 1%, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Financial Metrics - The consensus estimate for 'Net Interest Margin' is 3.4%, unchanged from the previous year [5]. - Analysts project the 'Efficiency Ratio' to be 48.3%, up from 45.3% in the same quarter last year [5]. - The estimated 'Average balance - Total interest-earning assets' is $71.90 billion, compared to $68.11 billion in the same quarter last year [6]. - 'Total nonperforming loans and leases' are expected to reach $481.93 million, up from $283.61 million in the same quarter last year [6]. Income Projections - 'Total Non-Interest Income' is forecasted at $93.68 million, down from $99.35 million year-over-year [7]. - 'Net Interest Income' is expected to be $616.12 million, compared to $567.74 million in the same quarter last year [7]. - 'Wealth and investment services' are projected to reach $8.53 million, up from $7.92 million year-over-year [7]. - 'Loan and lease related fees' are estimated at $19.09 million, slightly down from $19.77 million last year [8]. - 'Deposit service fees' are projected at $40.48 million, compared to $42.59 million in the same quarter last year [8]. Additional Income Estimates - 'Increase in cash surrender value of life insurance policies' is expected to be $7.28 million, up from $5.95 million year-over-year [9]. - 'Non-interest income- Other income' is projected at $19.17 million, down from $32.95 million in the same quarter last year [9]. - 'Tax-equivalent Net Interest Income' is expected to be $624.44 million, compared to $583.62 million in the same quarter last year [10]. Stock Performance - Over the past month, shares of Webster Financial have declined by 12.5%, while the Zacks S&P 500 composite has decreased by 5.6% [11].