Webster Financial Corporation Stock News

Legendary investor Warren Buffett has recently sold his entire stake in Citigroup to load up on the likes of Constellation Brands, indicating he now sees consumer goods as a better pick than bank stocks.

Analysts at the firm rolled out their coverage of 32 regional banks ahead of annual regulatory stress tests in June.

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“the Company”) (NYSE:WBS), the holding company for Webster Bank, N.A., announced today that its Board of Directors increased the Company's authority to repurchase shares of its common stock by $700,000,000 under its existing share repurchase program. The repurchase program permits shares to be repurchased in open market or private...

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Dividends.

Webster Financial Corporation (NYSE:WBS ) Q1 2025 Earnings Conference Call April 24, 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 Andrew Leischner - KBW Jared Shaw - Barclays Mark Fitzgibbon - Piper Sandler Matthew Breese - Stephens Casey Haire - Autonomous...

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“Webster”) (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income applicable to common stockholders of $220.4 million, or $1.30 per diluted share, for the quarter ended March 31, 2025, compared to $210.1 million, or $1.23 per diluted share, for the quarter ended March 31, 2024. “Webster has again prove...

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q1 2025 Earnings Release and Conference Call.

Webster Financial Corporation's stock has dropped 21.3% since October 2024, outperforming the S&P 500's 13.4% decline, prompting a shift from 'hold' to a 'buy'. Despite a rise in provisions for credit losses, Webster Financial's net interest income and balance sheet have shown growth, indicating a resilient financial position. The company's valuation is attractive, with a price-to-earnings mult...