Webster Financial (WBS) Tops Q2 Earnings and Revenue Estimates

Core Viewpoint - Webster Financial (WBS) reported quarterly earnings of $1.52 per share, exceeding the Zacks Consensus Estimate of $1.41 per share, and showing an increase from $1.26 per share a year ago, resulting in an earnings surprise of +7.80% [1] Financial Performance - The company posted revenues of $715.84 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.58%, compared to $614.59 million in the same quarter last year [2] - Over the last four quarters, Webster Financial has exceeded consensus EPS estimates two times and topped consensus revenue estimates once [2] Stock Performance - Webster Financial shares have increased approximately 5.8% since the beginning of the year, while the S&P 500 has gained 6.5% [3] - The current Zacks Rank for Webster Financial is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $1.46 on revenues of $721.92 million, and for the current fiscal year, it is $5.69 on revenues of $2.87 billion [7] - The trend of estimate revisions for Webster Financial was mixed ahead of the earnings release, which may change following the recent report [6] Industry Context - The Banks - Northeast industry, to which Webster Financial belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]