WBS - Webster Financial Corp Stock Price, Fair Value and News

46.10USD+0.83 (+1.83%)Delayed as of 19 Apr 2024, 11:07 am ET

Market Summary

USD46.10+0.83

Delayedas of 19 Apr 2024, 11:07 am

1.83%

WBS Alerts

1 major insider sales recently.

WBS Stock Price

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WBS RSI Chart

WBS Valuation

Market Cap

7.8B

Price/Earnings (Trailing)

8.96

Price/Sales (Trailing)

2.14

EV/EBITDA

2.03

Price/Free Cashflow

8.29

WBS Price/Sales (Trailing)

WBS Profitability

EBT Margin

29.89%

Return on Equity

9.99%

Return on Assets

1.16%

Free Cashflow Yield

12.07%

WBS Fundamentals

WBS Revenue

Revenue (TTM)

3.6B

Rev. Growth (Yr)

25.49%

Rev. Growth (Qtr)

0.25%

WBS Earnings

Earnings (TTM)

867.8M

Earnings Growth (Yr)

-24.25%

Earnings Growth (Qtr)

-18.14%

Breaking Down WBS Revenue

52 Week Range

31.0347.69

(Low)(High)

Last 7 days

-3.0%

Last 30 days

-6.2%

Last 90 days

-10.0%

Trailing 12 Months

14.0%

How does WBS drawdown profile look like?

WBS Financial Health

Debt/Equity

0.12

Debt/Cashflow

0.93

WBS Investor Care

Dividend Yield

3.53%

Dividend/Share (TTM)

1.6

Buy Backs (1Y)

1.30%

Diluted EPS (TTM)

4.91

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.7B	3.1B	3.4B	3.6B
2022	1.1B	1.4B	1.8B	2.3B
2021	963.2M	942.4M	942.9M	942.8M
2020	1.1B	1.1B	1.0B	1.0B
2019	1.1B	1.1B	1.2B	1.2B
2018	939.8M	973.5M	1.0B	1.1B
2017	839.3M	863.6M	888.9M	913.6M
2016	779.5M	794.9M	808.6M	821.9M
2015	724.1M	733.5M	745.6M	760.0M
2014	695.3M	702.7M	710.9M	718.9M
2013	689.5M	684.9M	684.5M	687.6M
2012	697.6M	696.2M	693.8M	693.5M
2011	706.7M	704.0M	701.6M	699.7M
2010	732.5M	724.1M	716.2M	708.6M
2009	0	828.2M	787.2M	746.1M
2008	0	0	0	869.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Webster Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 11, 2024	griffin james mi	sold	-58,173	48.478	-1,200	head of consumer banking
Mar 11, 2024	motl christopher j	sold	-680,169	49.00	-13,881	president of comm. banking
Mar 05, 2024	soto jason a.	sold	-43,694	48.1745	-907	chief credit officer
Mar 01, 2024	ciulla john r	acquired	-	-	27,889	president and ceo
Mar 01, 2024	cieslik elzbieta	sold (taxes)	-32,919	47.64	-691	evp & cao of bank
Mar 01, 2024	macinnes glenn i	acquired	-	-	8,316	chief financial officer
Mar 01, 2024	krynick benjamin l.	sold (taxes)	-29,060	47.64	-610	head of bank operations
Mar 01, 2024	evans javier l.	acquired	-	-	4,648	chief human resources officer
Mar 01, 2024	weidner marissa	acquired	-	-	2,535	chief corp. resp. officer
Mar 01, 2024	krynick benjamin l.	acquired	-	-	2,377	head of bank operations

Which funds bought or sold WBS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	added	5.07	291,000	2,094,000	0.08%
Apr 17, 2024	Iron Horse Wealth Management, LLC	unchanged	-	-	1,320	-%
Apr 16, 2024	AMF Tjanstepension AB	sold off	-100	-5,927,040	-	-%
Apr 16, 2024	HENNESSY ADVISORS INC	reduced	-12.5	-202,760	1,421,560	0.06%
Apr 16, 2024	Arlington Trust Co LLC	sold off	-100	-3,452	-	-%
Apr 16, 2024	Financial Management Professionals, Inc.	unchanged	-	-	75,000	0.01%
Apr 16, 2024	WEBSTER BANK, N. A.	unchanged	-	282	1,432,420	0.16%
Apr 15, 2024	Legato Capital Management LLC	sold off	-100	-667,240	-	-%
Apr 15, 2024	NorthCrest Asset Manangement, LLC	unchanged	-	513	2,603,640	0.09%
Apr 15, 2024	Sound Income Strategies, LLC	reduced	-95.1	-789,375	40,674	-%

Are Funds Buying or Selling WBS?

Are funds buying WBS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WBS

No. of Funds

WBS Alerts

1 major insider sales recently.

Unveiling Webster Financial Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	vanguard group inc	10.55%	18,123,598	SC 13G/A
Feb 13, 2024	vanguard group inc	9.78%	17,871,429	SC 13G/A
Jan 25, 2024	blackrock inc.	8.4%	15,387,792	SC 13G/A
Apr 06, 2023	blackrock inc.	10.0%	17,498,723	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	3.5%	6,157,045	SC 13G/A
Feb 13, 2023	capital international investors	4.9%	8,499,861	SC 13G/A
Feb 09, 2023	vanguard group inc	10.25%	17,831,254	SC 13G/A
Jan 24, 2023	blackrock inc.	9.8%	17,135,995	SC 13G/A
Feb 11, 2022	capital international investors	8.8%	7,941,067	SC 13G
Feb 10, 2022	price t rowe associates inc /md/	10.4%	9,434,690	SC 13G/A

Recent SEC filings of Webster Financial Corp

View All Filings

Date Filed	Form Type	Document
Mar 25, 2024	8-K	Current Report
Mar 15, 2024	ARS	ARS
Mar 15, 2024	DEF 14A	DEF 14A
Mar 15, 2024	DEFA14A	DEFA14A
Mar 13, 2024	4	Insider Trading
Mar 13, 2024	4	Insider Trading
Mar 11, 2024	SC 13G/A	Major Ownership Report
Mar 11, 2024	144	Notice of Insider Sale Intent
Mar 11, 2024	144	Notice of Insider Sale Intent
Mar 06, 2024	4	Insider Trading

Peers (Alternatives to Webster Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	522.1B	171.1B	-6.46%	28.36%	10.54	3.05	60.72%	31.52%
BAC	281.5B	130.3B	-0.75%	18.96%	10.62	2.16	79.51%	-3.68%
WFC	210.3B	85.7B	3.10%	39.16%	10.99	2.45	41.49%	39.96%
C	111.5B	133.3B	-0.93%	15.69%	12.08	0.84	79.09%	-
CFG	15.1B	10.2B	-1.88%	7.84%	9.38	1.48	44.53%	-22.43%
KEY	13.4B	7.9B	-0.76%	16.16%	13.89	1.69	46.47%	-49.56%
MID-CAP
CMA	6.7B	4.2B	1.60%	7.60%	7.62	1.61	56.25%	-23.46%
ZION	5.8B	3.9B	-1.36%	19.93%	8.55	1.47	45.91%	-25.03%
ABCB	3.1B	1.3B	-2.95%	27.92%	11.49	2.41	43.24%	-22.35%
ASB	3.0B	2.0B	-1.33%	8.51%	16.53	1.54	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	392.8M	164.9M	-4.83%	27.38%	33.58	2.38	42.66%	-70.76%
AROW	362.5M	162.6M	-7.65%	-5.53%	12.05	2.23	25.39%	-38.37%
ACNB	264.5M	96.6M	-9.91%	0.13%	8.35	2.74	11.02%	-11.37%
ASRV	46.1M	60.9M	9.21%	-17.67%	-13.79	0.76	24.06%	-144.92%

Webster Financial Corp News

Latest updates

Webster Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.3%	933	931	933	831	744	618	514	410	236	240	232	236	236	239	252	274	282	294	292	286	280
EBITDA Margin	-8.5%	0.96*	1.05*	1.15*	1.28*	1.28*	1.33*	1.32*	1.31*	1.56*	1.48*	1.43*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.7%	571	587	584	595	602	551	487	394	227	230	221	224	217	219	224	231	231	241	242	242	237
Income Taxes	-30.3%	36.00	52.00	63.00	66.00	68.00	64.00	55.00	-33.60	31.00	30.00	34.00	30.00	15.00	18.00	15.00	11.00	26.00	25.00	26.00	26.00	27.00
Earnings Before Taxes	-20.4%	222	278	298	287	313	298	237	-50.35	142	125	128	138	75.00	88.00	68.00	49.00	116	119	125	126	126
EBT Margin	-12.6%	0.30*	0.34*	0.38*	0.42*	0.35*	0.35*	0.32*	0.31*	0.57*	0.50*	0.46*	-	-	-	-	-	-	-	-	-	-
Net Income	-18.1%	185	226	235	221	245	234	182	-16.75	111	96.00	94.00	108	60.00	69.00	53.00	38.00	90.00	94.00	99.00	100	99.00
Net Income Margin	-11.3%	0.24*	0.27*	0.30*	0.33*	0.28*	0.29*	0.27*	0.25*	0.43*	0.38*	0.35*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-80.3%	81.00	413	240	204	265	413	418	211	219	147	81.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.5%	74,945	73,131	74,038	74,844	71,278	69,053	67,595	65,131	34,916	35,374	33,754	33,259	32,591	32,994	32,709	31,655	30,389	29,895	28,942	28,238	27,610
Cash Equivalents	-21.0%	1,716	2,173	1,361	2,434	840	613	902	793	462	2,604	1,580	1,372	263	242	303	268	258	303	217	221	329
Net PPE	-100.0%	-	432	426	431	430	435	450	490	205	210	216	221	227	251	258	268	270	279	278	280	125
Goodwill	0%	2,631	2,631	2,631	2,631	2,514	2,514	2,514	2,514	538	538	538	538	538	538	538	538	538	538	538	538	538
Liabilities	2.0%	66,255	64,932	65,759	66,550	63,221	61,226	59,597	56,954	31,477	31,988	30,424	29,986	29,356	29,775	29,534	28,565	27,182	26,743	25,877	25,272	24,724
Long Term Debt	-0.2%	1,049	1,051	1,052	1,071	1,073	1,075	1,077	1,078	563	564	565	566	568	569	570	571	540	549	538	524	226
Shareholder's Equity	6.0%	8,690	8,199	8,280	8,294	8,056	7,826	7,998	8,177	3,438	3,386	3,330	3,273	3,235	3,220	3,175	3,090	3,208	20.00	3,065	2,966	2,887
Retained Earnings	3.5%	3,283	3,170	3,017	2,857	2,714	2,543	2,384	2,277	2,333	2,261	2,203	2,147	2,078	2,056	2,024	2,010	2,061	2,011	1,956	1,896	1,828
Additional Paid-In Capital	0.2%	6,180	6,165	6,151	6,138	6,173	6,161	6,149	6,129	1,109	1,105	1,101	1,105	1,110	1,106	1,104	1,101	1,113	1,115	1,114	1,113	1,114
Float	-	-	-	6,500	-	-	-	7,300	-	-	-	4,800	-	-	-	2,500	-	-	-	4,300	-	5,800

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-79.4%	88.00	427	249	214	275	422	424	215	224	151	84.00	229	219	121	102	-61.59	172	34.00	55.00	43.00	-26.97
Share Based Compensation	-3.4%	14.00	14.00	14.00	12.00	11.00	13.00	21.00	9.00	4.00	4.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Cashflow From Investing	-217.5%	-1,775	1,511	-308	-2,023	-1,853	-1,990	-2,586	-756	-2,066	-391	-211	265	31.00	-226	-1,046	-1,046	-606	-812	-610	-519	-311
Cashflow From Financing	209.3%	1,231	-1,126	-1,014	3,403	1,805	1,280	2,271	873	-300	1,265	336	615	-228	45.00	979	1,118	390	864	553	367	346
Dividend Payments	-0.7%	69.00	69.00	70.00	70.00	70.00	71.00	71.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	37.00	37.00	37.00	37.00	30.00	30.00
Buy Backs	-100.8%	-0.40	50.00	58.00	-	3.00	97.00	100	122	-	-	-	-	-	-	-	77.00	-	-	-	13.00	-

WBS Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest Income:
Interest and fees on loans and leases	$ 3,071,378	$ 1,946,558	$ 762,713
Taxable interest and dividends on securities	396,681	269,233	155,902
Non-taxable interest on securities	54,207	50,442	20,884
Loans held for sale	734	78	246
Other interest and dividends	105,260	18,426	3,099
Interest income	3,628,260	2,284,737	942,844
Interest Expense:
Deposits	1,021,418	138,552	20,131
Securities sold under agreements to repurchase and other borrowings	9,102	19,059	3,040
Federal Home Loan Bank advances	222,537	58,557	1,708
Long-term debt	37,934	34,283	16,876
Interest expense	1,290,991	250,451	41,755
Net interest income	2,337,269	2,034,286	901,089
Provision (benefit) for credit losses	150,747	280,619	(54,500)
Net interest income (loss) after provision for loan and lease losses	2,186,522	1,753,667	955,589
Non-interest Income:
Deposit service fees	169,318	198,472	162,710
Loan and lease related fees	84,861	102,987	36,658
Wealth and investment services	28,999	40,277	39,586
Mortgage banking activities	1,240	705	6,219
Increase in cash surrender value of life insurance policies	26,228	29,237	14,429
Loss on sale of investment securities	(33,620)	(6,751)	0
Other income	37,311	75,856	63,770
Total non-interest income	314,337	440,783	323,372
Non-interest Expense:
Compensation and benefits	711,752	723,620	419,989
Occupancy	77,520	113,899	55,346
Technology and equipment	197,928	186,384	112,831
Intangible assets amortization	36,207	31,940	4,513
Marketing	18,622	16,438	12,051
Professional and outside services	107,497	117,530	47,235
Deposit insurance	98,081	26,574	15,794
Other expense	168,748	180,088	77,341
Total non-interest expense	1,416,355	1,396,473	745,100
Income before income tax expense	1,084,504	797,977	533,861
Income tax expense	216,664	153,694	124,997
Net income	867,840	644,283	408,864
Preferred stock dividends	(16,650)	(15,919)	(7,875)
Net income available to common shareholders, basic	851,190	628,364	400,989
Net income available to common shareholders, diluted	$ 851,190	$ 628,364	$ 400,989
Earnings per common share:
Earnings per common share, Basic (in dollars per share)	$ 4.91	$ 3.72	$ 4.43
Earnings per common share, Diluted (in dollars per share)	$ 4.91	$ 3.72	$ 4.42

WBS Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets:
Cash and due from banks	$ 429,323	$ 264,118
Interest-bearing deposits	1,286,472	575,825
Fair Value	8,959,729	7,892,697
Investment securities held-to-maturity, net of allowance for credit losses of $209 and $182	7,074,588	6,564,697
Federal Home Loan Bank and Federal Reserve Bank stock	326,882	445,900
Loans held for sale ($2,610 and $1,991 valued under fair value option)	6,541	1,991
Loans and leases	50,726,052	49,764,426
Allowance for credit losses on loan and leases	(635,737)	(594,741)
Loans and leases, net	50,090,315	49,169,685
Deferred tax assets, net	369,212	371,634
Property and equipment, net	429,561	430,184
Goodwill	2,631,465	2,514,104
Other intangible assets, net	203,135	199,342
Cash surrender value of life insurance policies	1,247,938	1,229,169
Accrued interest receivable and other assets	1,890,088	1,618,175
Total assets	74,945,249	71,277,521
Liabilities and stockholders' equity:
Non-interest-bearing	10,732,516	12,974,975
Interest-bearing	50,051,768	41,079,365
Total deposits	60,784,284	54,054,340
Securities sold under agreements to repurchase and other borrowings	458,387	1,151,830
Federal Home Loan Bank advances	2,360,018	5,460,552
Long-term debt	1,048,820	1,073,128
Accrued expenses and other liabilities	1,603,744	1,481,485
Total liabilities	66,255,253	63,221,335
Stockholders’ equity:
Common stock	1,828	1,828
Paid-in capital	6,179,753	6,173,240
Retained earnings	3,282,530	2,713,861
Treasury stock, at cost—10,756,089 and 8,770,472 shares	(507,523)	(431,762)
Accumulated other comprehensive (loss), net of tax	(550,571)	(684,960)
Total stockholders' equity	8,689,996	8,056,186
Total liabilities and stockholders' equity	74,945,249	71,277,521
Preferred Stock Series F Issued
Stockholders’ equity:
Preferred stock	145,037	145,037
Preferred Stock Series G Issued
Stockholders’ equity:
Preferred stock	$ 138,942	$ 138,942

About Webster Financial Corp

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment provides commercial real estate and equipment financing, business banking, asset-based lending, and commercial services; public sector finance; mortgage warehouse financing; treasury management services; credit, deposit, and cash flow management services; and wealth management solutions to business owners and operators, including trust, asset management, financial planning, insurance, retirement, and investment products, as well as derivative, treasury, accounts payable, accounts receivable, and trade products and services. 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 Consumer Banking segment provides consumer deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers; and small business banking products, such as credit, deposit, and cash flow management to businesses and professional service firms. It also offers online and mobile banking services. Webster Financial Corporation was founded in 1935 and is headquartered in Stamford, Connecticut.

CEO	Mr. John R. Ciulla
WEBSITE	https://public.websteronline.com
INDUSTRY	Banks Diversified
EMPLOYEES	4065

Webster Financial Corp Frequently Asked Questions

What is the ticker symbol for Webster Financial Corp? What does WBS stand for in stocks?

WBS is the stock ticker symbol of Webster Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Webster Financial Corp (WBS)?

As of Thu Apr 18 2024, market cap of Webster Financial Corp is 7.78 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WBS stock?

You can check WBS's fair value in chart for subscribers.

What is the fair value of WBS stock?

You can check WBS's fair value in chart for subscribers. The fair value of Webster Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Webster Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WBS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Webster Financial Corp a good stock to buy?

The fair value guage provides a quick view whether WBS is over valued or under valued. Whether Webster Financial Corp is cheap or expensive depends on the assumptions which impact Webster Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WBS.

What is Webster Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, WBS's PE ratio (Price to Earnings) is 8.96 and Price to Sales (PS) ratio is 2.14. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WBS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Webster Financial Corp's stock?

In the past 10 years, Webster Financial Corp has provided 0.065 (multiply by 100 for percentage) rate of return.