Webster Financial Corporation (WBS)
Webster Financial Q4 Earnings Beat on Higher NII & Lower Expenses
WBS' Q4 earnings benefit from an increase in NII, loans and deposit balance, along with a fall in expenses. However, a rise in provisions is a headwind.
Webster Financial Corporation (WBS) Q4 2024 Earnings Call Transcript
Webster Financial Corporation (NYSE:WBS ) Q4 2024 Results Conference Call January 17, 2025 9:00 AM ET Company Participants Emlen Harmon - Director, IR John Ciulla - CEO Neal Holland - CFO Luis Massiani - President and Chief Operating Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Jared Shaw - Barclays Matthew Breese - Stephens Timur Braziler - Wells Fargo Chris McGratty - KBW Laurie Hunsicker - Seaport Anthony Elian - JPMorgan Nick Holowko - UBS Bernard Von Gizycki - Deutsche Bank Ben Gerlinger - Citigroup Daniel Tamayo - Raymond James Jon Arfstrom - RBC Capital Markets Operator Good morning. Welcome to the Webster Financial Corp. Fourth Quarter 2024 Earnings Conference Call.
Webster Financial (WBS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Webster Financial (WBS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Webster Financial (WBS) Q4 Earnings Top Estimates
Webster Financial (WBS) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.46 per share a year ago.
Webster Financial Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Webster Financial Corporation WBS will release earnings results for its fourth quarter, before the opening bell on Friday, Jan. 17, 2025.
Curious about Webster Financial (WBS) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Evaluate the expected performance of Webster Financial (WBS) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Earnings Preview: Webster Financial (WBS) Q4 Earnings Expected to Decline
Webster Financial (WBS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Webster Financial: Risks Are Exaggerated
Webster Financial Corporation, founded in 1935, operates primarily in Connecticut, Massachusetts, Rhode Island, and New York through its subsidiary, Webster Bank. The bank has some meaningful exposure to CRE and multifamily loans, but the credit risks don't seem as high as the stock price would have you believe. Based on guidance, the operating results should improve, and the current rate trajectory coupled with the bank's balance sheet positioning reflects no pressure on NII from repricing.
Webster Financial Rides on Top-Line Growth Amid Higher Expenses
WBS' acquisitions, solid loan & deposit growth and rising NII and fee income support its top-line expansion. Yet, an elevated cost base is a concern.
Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y
WBS' third-quarter results reflect lower non-interest income and higher provisions. An increase in NII and lower expenses offer some support.
Webster Financial: Shares Roar Higher On Solid Outlook, Yet I Retain 'Hold'
Webster Financial stock surged 11.6% on October 17th after Q3 2024 results, despite mixed performance and a previous 'hold' rating. Webster's net interest income dropped 2.7% year-over-year, but deposits and loans increased, showing balance sheet strength. Valuation remains a concern, with a price-to-earnings multiple of 11.3 and return on equity not impressively high.
Webster Financial Corporation (WBS) Q3 2024 Earnings Call Transcript
Webster Financial Corporation (NYSE:WBS ) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Emlen Harmon - Director, IR John Ciulla - CEO Neal Holland - CFO Luis Massiani - President and Chief Operating Officer Conference Call Participants Chris McGratty - KBW Jared Shaw - Barclays. Mark Fitzgibbon - Piper Sandler Matthew Breese - Stephens Daniel Tamayo - Raymond James Bernard Von Gizycki - Deutsche Bank Laurie Hunsicker - Seaport Research Partners Samuel Varga - UBS Operator Good morning.
