WBS Stock - Webster Financial Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $4.17B | $3.94B | $2.72B | $1.26B | $1.29B |
| Gross Profit | $2.36B | $2.50B | $2.19B | $1.28B | $1.04B |
| Gross Margin | 56.5% | 63.4% | 80.5% | 101.0% | 80.7% |
| Operating Income | $1.02B | $1.08B | $797.98M | $533.86M | $279.97M |
| Net Income | $768.71M | $867.84M | $644.28M | $408.86M | $220.62M |
| Net Margin | 18.4% | 22.0% | 23.7% | 32.3% | 17.1% |
| EPS | $4.38 | $4.91 | $3.72 | $4.43 | $2.35 |
Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Retail Banking. The Commercial Banking segment provides lending, deposit, and cash management services; commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and asset-based lending, as well as treasury and payment services; wealth management solutions to business owners, operators, and consumers; and trust, asset management, financial planning, insurance, retirement, and investment products. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, consultants, and financial advisors. The Retail Banking segment provides deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers. The company also offers online and mobile banking services. As of December 31, 2021, it operated 130 banking centers and 251 ATMs. The company was founded in 1935 and is headquartered in Stamford, Connecticut.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 25th 2025 | TD Cowen | Initiation | Buy | $78 |
| September 10th 2025 | Cantor Fitzgerald | Initiation | Overweight | $70 |
| July 25th 2025 | Seaport Research Partners | Downgrade | Neutral | - |
| May 21st 2025 | Jefferies | Initiation | Buy | $65 |
| May 13th 2025 | Truist | Initiation | Buy | $61 |
| January 6th 2025 | Wells Fargo | Upgrade | Overweight | $75← $70 |
| December 17th 2024 | UBS | Resumed | Buy | - |
| August 5th 2024 | Morgan Stanley | Downgrade | Equal Weight | $57← $54 |
| March 8th 2024 | Barclays | Initiation | Overweight | $70 |
| January 24th 2024 | JP Morgan | Upgrade | Overweight | $65← $60 |
| January 11th 2024 | BofA Securities | Initiation | Buy | $60 |
| December 1st 2023 | Citigroup | Initiation | Buy | $51 |
| September 12th 2023 | Seaport Research Partners | Initiation | Buy | $56 |
| May 25th 2023 | Deutsche Bank | Initiation | Buy | $47 |
| March 15th 2023 | UBS | Initiation | Buy | $56 |
Earnings History & Surprises
WBSEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 22, 2026 | — | — | — | — |
Q1 2026 | Jan 16, 2026 | $1.53 | — | — | — |
Q4 2025 | Oct 17, 2025 | $1.52 | $1.54 | +1.3% | ✓ BEAT |
Q3 2025 | Jul 17, 2025 | $1.44 | $1.52 | +5.6% | ✓ BEAT |
Q2 2025 | Apr 24, 2025 | $1.38 | $1.30 | -5.8% | ✗ MISS |
Q1 2025 | Jan 17, 2025 | $1.34 | $1.43 | +6.7% | ✓ BEAT |
Q4 2024 | Oct 17, 2024 | $1.35 | $1.34 | -0.7% | ✗ MISS |
Q3 2024 | Jul 23, 2024 | $1.34 | $1.26 | -6.0% | ✗ MISS |
Q2 2024 | Apr 23, 2024 | $1.41 | $1.35 | -4.3% | ✗ MISS |
Q1 2024 | Jan 23, 2024 | $1.46 | $1.46 | 0.0% | = MET |
Q4 2023 | Oct 19, 2023 | $1.49 | $1.55 | +4.0% | ✓ BEAT |
Q3 2023 | Jul 20, 2023 | $1.47 | $1.50 | +2.0% | ✓ BEAT |
Q2 2023 | Apr 20, 2023 | $1.59 | $1.49 | -6.3% | ✗ MISS |
Q1 2023 | Jan 26, 2023 | $1.66 | $1.60 | -3.6% | ✗ MISS |
Q4 2022 | Oct 20, 2022 | $1.41 | $1.46 | +3.5% | ✓ BEAT |
Q3 2022 | Jul 21, 2022 | $1.25 | $1.29 | +3.2% | ✓ BEAT |
Q2 2022 | Apr 28, 2022 | $1.16 | $1.24 | +6.9% | ✓ BEAT |
Q1 2022 | Jan 20, 2022 | $1.08 | $1.31 | +21.3% | ✓ BEAT |
Q4 2021 | Oct 21, 2021 | $1.08 | $1.08 | 0.0% | = MET |
Q3 2021 | Jul 22, 2021 | $1.00 | $1.21 | +21.0% | ✓ BEAT |
Latest News
JP Morgan Maintains Overweight on Webster Financial, Raises Price Target to $75
📈 PositiveKeefe, Bruyette & Woods Maintains Outperform on Webster Financial, Raises Price Target to $75
📈 PositiveWebster Financial's HSA Bank Acquires SecureSave; No Financial Terms Disclosed
📈 PositiveBarclays Maintains Overweight on Webster Financial, Raises Price Target to $80
📈 PositiveRaymond James Reiterates Outperform on Webster Financial, Lowers Price Target to $65
📈 PositiveTruist Securities Maintains Buy on Webster Financial, Lowers Price Target to $67
📈 PositiveWells Fargo Maintains Overweight on Webster Financial, Lowers Price Target to $70
➖ NeutralWebster Finl Q3 2025 EPS $1.54 Beats $1.51 Estimate, Sales (Net Interest Income) $631.700M Beat $631.284M Estimate
📈 PositiveJP Morgan Maintains Overweight on Webster Financial, Lowers Price Target to $68
➖ NeutralMorgan Stanley Maintains Equal-Weight on Webster Financial, Raises Price Target to $77
➖ NeutralTD Cowen Initiates Coverage On Webster Financial with Buy Rating, Announces Price Target of $78
📈 PositiveCantor Fitzgerald Initiates Coverage On Webster Financial with Overweight Rating, Announces Price Target of $70
📈 PositiveFrequently Asked Questions about WBS
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