Webster Financial Corporation Company Profile (NYSE:WBS)

Webster Financial Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "WBS."

Webster Financial Corporation declared a quarterly dividend on Monday, July 24th. Investors of record on Monday, August 7th will be paid a dividend of $0.26 per share on Monday, August 21st. This represents a $1.04 annualized dividend and a yield of 2.07%. The ex-dividend date is Thursday, August 3rd. View Webster Financial Corporation's Dividend History.

Webster Financial Corporation (NYSE:WBS) announced its quarterly earnings results on Friday, July, 21st. The company reported $0.64 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.04. The firm had revenue of $262.50 million for the quarter, compared to analysts' expectations of $260.91 million. Webster Financial Corporation had a return on equity of 9.49% and a net margin of 20.43%. During the same period in the previous year, the firm posted $0.53 EPS. View Webster Financial Corporation's Earnings History.

Webster Financial Corporation is scheduled to release their next quarterly earnings announcement on Friday, October, 20th 2017. View Earnings Estimates for Webster Financial Corporation.

8 analysts have issued 12 month price targets for Webster Financial Corporation's shares. Their forecasts range from $43.00 to $60.00. On average, they anticipate Webster Financial Corporation's share price to reach $52.29 in the next twelve months. View Analyst Ratings for Webster Financial Corporation.

Here are some recent quotes from research analysts about Webster Financial Corporation stock:

• 1. According to Zacks Investment Research, "Shares of Webster Financial have outperformed the industry over the past six months. The performance was supported by the company’s impressive earnings surprise history. It hasn’t missed the Zacks Consensus Estimate for earnings in any of the trailing four quarters. Webster Financial’s top-line strength and ample liquidity keep us encouraged. Further, its efforts to strengthen HSA Bank segment bode well for the long term. However, consistently rising cost base remains a major concern. Also, significant exposure to commercial loans could pose a threat to its financials. Further, a stretched valuation indicates limited upside potential for the stock." (9/25/2017)
• 2. FBR & Co analysts commented, "We reiterate our Market Perform rating and $54 price target, equal to 20.4x our 2018 EPS estimate, on Webster Financial following 4Q16 results. Revenues looked okay this quarter, but expenses from continued Boston expansion efforts, the HSA business, and share-based compensation costs led to a slight miss. We continue to view Webster as a solid bank and acknowledge potential HSA tailwinds from healthcare policy reform; however, we remain on the sidelines given relative valuation and weaker near-term profitability given continued investment." (1/20/2017)

Some companies that are related to Webster Financial Corporation include Grupo Supervielle SA -ADR (SUPV), East West Bancorp (EWBC), Macro Bank (BMA), Signature Bank (SBNY), Grupo Financiero Galicia S.A. (GGAL), CIT Group Inc (DEL) (CIT), New York Community Bancorp (NYCB), Bank of the Ozarks (OZRK), Cullen/Frost Bankers (CFR), PacWest Bancorp (PACW), Commerce Bancshares (CBSH), Synovus Financial Corp. (SNV), City National Corp (CYN), TFS Financial Corporation (TFSL), First Citizens BancShares (FCNCA), First Horizon National Corporation (FHN), Umpqua Holdings Corporation (UMPQ) and Wintrust Financial Corporation (WTFC).

Webster Financial Corporation's management team includes the folowing people:

• James C. Smith, Chairman of the Board, Chief Executive Officer of the Company and Webster Bank
• John R. Ciulla, President of the Bank and Company; Director of Bank
• Glenn I. MacInnes, Chief Financial Officer, Executive Vice President, Principal Accounting Officer of the Company and Webster Bank
• Bernard M. Garrigues, Chief Human Resource Officer, Executive Vice President
• Colin D. Eccles, Executive Vice President, Chief Information Officer of the company and Webster Bank
• Dawn C. Morris, Executive Vice President, Chief Marketing Officer
• Daniel H. Bley, Executive Vice President, Chief Risk Officer of the Company and Webster Bank
• Harriet Munrett Wolfe, Executive Vice President, General Counsel, Secretary of the Company and Webster Bank
• Nitin J. Mhatre, Executive Vice President - Community Banking of the Company and Webster Bank
• Christopher J. Motl, Executive Vice President - Commercial Banking of company and Webster Bank

Webster Financial Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.40%), Vanguard Group Inc. (8.18%), State Street Corp (5.15%), Capital Research Global Investors (4.44%), Goldman Sachs Group Inc. (3.51%) and Dimensional Fund Advisors LP (3.17%). Company insiders that own Webster Financial Corporation stock include C Michael Jacobi, Daniel Bley, Daniel Manning Fitzpatrick, Dawn C Morris, Elizabeth E Flynn, Gregory Madar, Harriet Munrett Wolfe, James Copenhaver Smith, Joel S Becker, John Joseph Crawford, John R Ciulla, Joseph J Savage, Karen R Osar, Laurence C Morse, Mark Pettie, Nitin J Mhatre and William L Atwell. View Institutional Ownership Trends for Webster Financial Corporation.

Webster Financial Corporation's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Northern Trust Corp, Dimensional Fund Advisors LP, Fisher Asset Management LLC, Macquarie Group Ltd., Goldman Sachs Group Inc., State Street Corp and Capital Research Global Investors. Company insiders that have sold Webster Financial Corporation stock in the last year include C Michael Jacobi, Daniel Bley, Dawn C Morris, Gregory Madar, Harriet Munrett Wolfe, James Copenhaver Smith, Joel S Becker, John Joseph Crawford, John R Ciulla, Joseph J Savage, Karen R Osar, Laurence C Morse, Mark Pettie and Nitin J Mhatre. View Insider Buying and Selling for Webster Financial Corporation.

Webster Financial Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Koch Industries Inc., Victory Capital Management Inc., Wasatch Advisors Inc., Balyasny Asset Management LLC, BlueCrest Capital Management Ltd, LMR Partners LLP, New York State Common Retirement Fund and Artisan Partners Limited Partnership. Company insiders that have bought Webster Financial Corporation stock in the last two years include Elizabeth E Flynn and William L Atwell. View Insider Buying and Selling for Webster Financial Corporation.

Shares of Webster Financial Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Webster Financial Corporation stock can currently be purchased for approximately $50.33.