28-Feb-2025
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Webster Financial Corporation Declares Common and Preferred Dividends
Business Wire (Wed, 29-Jan 4:30 PM ET)
Webster Reports Fourth Quarter 2024 EPS of $1.01; Adjusted EPS of $1.43
Business Wire (Fri, 17-Jan 7:30 AM ET)
Webster Financial Corporation Announces Q4 2024 Earnings Release and Conference Call
Business Wire (Tue, 7-Jan 4:15 PM ET)
Webster Lowers Prime Lending Rate to 7.50 Percent
Business Wire (Wed, 18-Dec 6:14 PM ET)
Webster Financial Corp is a full-service provider of financial services, offering commercial and consumer banking, mortgages, and investment advisory along with trust and wealth management services in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania. The company's segment includes Commercial Banking, HSA Bank, and Consumer Banking. It generates maximum revenue from the Commercial Banking segment.
Webster Finl trades on the NYSE stock market under the symbol WBS.
As of February 28, 2025, WBS stock price climbed to $56.32 with 1,184,152 million shares trading.
WBS has a market cap of $9.66 billion. This is considered a Mid Cap stock.
Last quarter Webster Finl reported $608 million in Revenue and $1.43 earnings per share. This fell short of revenue expectation by $-79 million and exceeded earnings estimates by $.08.
In the last 3 years, WBS traded as high as $63.99 and as low as $31.03.
The top ETF exchange traded funds that WBS belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.
WBS has outperformed the market in the last year with a return of +23.1%, while the SPY ETF gained +18.8%. However, in the most recent history, WBS shares have underperformed the stock market with its stock returning -8.6% in the last 3 month period and -4.7% for the last 2 week period, while SPY has returned -0.4% and -2.5%, respectively.
WBS support price is $54.93 and resistance is $56.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WBS shares will trade within this expected range on the day.