Webster Financial Corp (WBS) Q3 2024 Earnings Call Highlights: Strong Deposit Growth and ... — Oct 18th, 2024

Deposit Growth: Increased by 3.6% in the quarter, with significant growth in DDA, commercial deposits, and HSA. Loan Growth: Increased by 0.7% in the quarter, excluding a $300 million securitization, growth was 1.3%. Net Interest Income: Increased quarter over quarter, aligning with full-y...

Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y — Oct 18th, 2024

Webster Financial WBS reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calend...

Webster Financial Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

Webster Financial (NYSE:WBS) Third Quarter 2024 Results Key Financial Results Revenue: US$593.6m (down 7.4% from 3Q 2023). Net income: US$188.8m (down 14% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.10 (down ...

Q3 2024 Webster Financial Corp Earnings Call — Oct 18th, 2024

Participants Emlen Harmon; Investor Relations; Webster Financial Corp John Ciulla; Chairman of the Board, Chief Executive Officer of the Company and Bank, President of the Bank; Webster Financial Corp Neal Holland; Chief Financial Officer; Webster Financial Corp Luis Massiani; Chief Op...

Webster Financial Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

Webster Financial (NYSE:WBS) Third Quarter 2024 Results Key Financial Results Revenue: US$593.6m (down 7.4% from 3Q 2023). Net income: US$188.8m (down 14% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.10 (down ...

Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y — Oct 18th, 2024

Webster Financial WBS reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calend...

Webster Financial Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

Webster Financial (NYSE:WBS) Third Quarter 2024 Results Key Financial Results Revenue: US$593.6m (down 7.4% from 3Q 2023). Net income: US$188.8m (down 14% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.10 (down ...

Webster Financial Corp (WBS) Q3 2024 Earnings Call Highlights: Strong Deposit Growth and ... — Oct 18th, 2024

Deposit Growth: Increased by 3.6% in the quarter, with significant growth in DDA, commercial deposits, and HSA. Loan Growth: Increased by 0.7% in the quarter, excluding a $300 million securitization, growth was 1.3%. Net Interest Income: Increased quarter over quarter, aligning with full-y...

Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y — Oct 18th, 2024

Webster Financial WBS reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calend...

Webster Financial (WBS) Reports Q3 Earnings: What Key Metrics Have to Say — Oct 17th, 2024

For the quarter ended September 2024, Webster Financial (WBS) reported revenue of $647.62 million, down 4.4% over the same period last year. EPS came in at $1.34, compared to $1.55 in the year-ago quarter. The reported revenue represents a surprise of -3.84% over the Zacks Consensus Estim...

Q3 2024 Webster Financial Corp Earnings Call — Oct 18th, 2024

Participants Emlen Harmon; Investor Relations; Webster Financial Corp John Ciulla; Chairman of the Board, Chief Executive Officer of the Company and Bank, President of the Bank; Webster Financial Corp Neal Holland; Chief Financial Officer; Webster Financial Corp Luis Massiani; Chief Op...

Webster Financial Corp (WBS) Q3 2024 Earnings Call Highlights: Strong Deposit Growth and ... — Oct 18th, 2024

Deposit Growth: Increased by 3.6% in the quarter, with significant growth in DDA, commercial deposits, and HSA. Loan Growth: Increased by 0.7% in the quarter, excluding a $300 million securitization, growth was 1.3%. Net Interest Income: Increased quarter over quarter, aligning with full-y...

Webster Financial Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

Webster Financial (NYSE:WBS) Third Quarter 2024 Results Key Financial Results Revenue: US$593.6m (down 7.4% from 3Q 2023). Net income: US$188.8m (down 14% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.10 (down ...

Q3 2024 Webster Financial Corp Earnings Call — Oct 18th, 2024

Participants Emlen Harmon; Investor Relations; Webster Financial Corp John Ciulla; Chairman of the Board, Chief Executive Officer of the Company and Bank, President of the Bank; Webster Financial Corp Neal Holland; Chief Financial Officer; Webster Financial Corp Luis Massiani; Chief Op...

Webster Financial (WBS) Lags Q3 Earnings and Revenue Estimates — Oct 17th, 2024

Webster Financial (WBS) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings s...

Webster Financial Corp (WBS) Q3 2024 Earnings Call Highlights: Strong Deposit Growth and ... — Oct 18th, 2024

Deposit Growth: Increased by 3.6% in the quarter, with significant growth in DDA, commercial deposits, and HSA. Loan Growth: Increased by 0.7% in the quarter, excluding a $300 million securitization, growth was 1.3%. Net Interest Income: Increased quarter over quarter, aligning with full-y...

Webster Financial Corp (WBS) Q3 2024 Earnings Call Highlights: Strong Deposit Growth and ... — Oct 18th, 2024

Deposit Growth: Increased by 3.6% in the quarter, with significant growth in DDA, commercial deposits, and HSA. Loan Growth: Increased by 0.7% in the quarter, excluding a $300 million securitization, growth was 1.3%. Net Interest Income: Increased quarter over quarter, aligning with full-y...

Webster Financial (WBS) Reports Q3 Earnings: What Key Metrics Have to Say — Oct 17th, 2024

For the quarter ended September 2024, Webster Financial (WBS) reported revenue of $647.62 million, down 4.4% over the same period last year. EPS came in at $1.34, compared to $1.55 in the year-ago quarter. The reported revenue represents a surprise of -3.84% over the Zacks Consensus Estim...

Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y — Oct 18th, 2024

Webster Financial WBS reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calend...

Q3 2024 Webster Financial Corp Earnings Call — Oct 18th, 2024

Participants Emlen Harmon; Investor Relations; Webster Financial Corp John Ciulla; Chairman of the Board, Chief Executive Officer of the Company and Bank, President of the Bank; Webster Financial Corp Neal Holland; Chief Financial Officer; Webster Financial Corp Luis Massiani; Chief Op...

Webster Financial (WBS) Reports Q3 Earnings: What Key Metrics Have to Say — Oct 17th, 2024

For the quarter ended September 2024, Webster Financial (WBS) reported revenue of $647.62 million, down 4.4% over the same period last year. EPS came in at $1.34, compared to $1.55 in the year-ago quarter. The reported revenue represents a surprise of -3.84% over the Zacks Consensus Estim...

Webster Financial Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

Webster Financial (NYSE:WBS) Third Quarter 2024 Results Key Financial Results Revenue: US$593.6m (down 7.4% from 3Q 2023). Net income: US$188.8m (down 14% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.10 (down ...

Webster Reports Third Quarter 2024 EPS of $1.10; Adjusted EPS of $1.34 — Oct 17th, 2024

STAMFORD, Conn., October 17, 2024--(BUSINESS WIRE)--Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common stockholders of $188.8 million, or $1.10 per diluted share, for the quarter ended September ...

Q3 2024 Webster Financial Corp Earnings Call — Oct 18th, 2024

Participants Emlen Harmon; Investor Relations; Webster Financial Corp John Ciulla; Chairman of the Board, Chief Executive Officer of the Company and Bank, President of the Bank; Webster Financial Corp Neal Holland; Chief Financial Officer; Webster Financial Corp Luis Massiani; Chief Op...

Webster Financial: Q3 Earnings Snapshot — Oct 17th, 2024

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Webster Financial Corp. (WBS) on Thursday reported third-quarter earnings of $193 million. The bank, based in Stamford, Connecticut, said it had earnings of $1.10 per share. Earnings, adjusted for non-recurring costs, were $1.34 per share....

Webster Financial Corp (WBS) Q3 2024 Earnings Call Highlights: Strong Deposit Growth and ... — Oct 18th, 2024

Deposit Growth: Increased by 3.6% in the quarter, with significant growth in DDA, commercial deposits, and HSA. Loan Growth: Increased by 0.7% in the quarter, excluding a $300 million securitization, growth was 1.3%. Net Interest Income: Increased quarter over quarter, aligning with full-y...

Webster Reports Third Quarter 2024 EPS of $1.10; Adjusted EPS of $1.34 — Oct 17th, 2024

STAMFORD, Conn., October 17, 2024--(BUSINESS WIRE)--Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common stockholders of $188.8 million, or $1.10 per diluted share, for the quarter ended September ...

Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y — Oct 18th, 2024

Webster Financial WBS reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calend...

Webster Financial Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

Webster Financial (NYSE:WBS) Third Quarter 2024 Results Key Financial Results Revenue: US$593.6m (down 7.4% from 3Q 2023). Net income: US$188.8m (down 14% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.10 (down ...

Webster Financial Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

Webster Financial (NYSE:WBS) Third Quarter 2024 Results Key Financial Results Revenue: US$593.6m (down 7.4% from 3Q 2023). Net income: US$188.8m (down 14% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.10 (down ...

Q3 2024 Webster Financial Corp Earnings Call — Oct 18th, 2024

Participants Emlen Harmon; Investor Relations; Webster Financial Corp John Ciulla; Chairman of the Board, Chief Executive Officer of the Company and Bank, President of the Bank; Webster Financial Corp Neal Holland; Chief Financial Officer; Webster Financial Corp Luis Massiani; Chief Op...

Q3 2024 Webster Financial Corp Earnings Call — Oct 18th, 2024

Participants Emlen Harmon; Investor Relations; Webster Financial Corp John Ciulla; Chairman of the Board, Chief Executive Officer of the Company and Bank, President of the Bank; Webster Financial Corp Neal Holland; Chief Financial Officer; Webster Financial Corp Luis Massiani; Chief Op...

Webster Financial Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

Webster Financial (NYSE:WBS) Third Quarter 2024 Results Key Financial Results Revenue: US$593.6m (down 7.4% from 3Q 2023). Net income: US$188.8m (down 14% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.10 (down ...

Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y — Oct 18th, 2024

Webster Financial WBS reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calend...

Webster Financial Corp (WBS) Q3 2024 Earnings Call Highlights: Strong Deposit Growth and ... — Oct 18th, 2024

Deposit Growth: Increased by 3.6% in the quarter, with significant growth in DDA, commercial deposits, and HSA. Loan Growth: Increased by 0.7% in the quarter, excluding a $300 million securitization, growth was 1.3%. Net Interest Income: Increased quarter over quarter, aligning with full-y...

Webster Financial: Q3 Earnings Snapshot — Oct 17th, 2024

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Webster Financial Corp. (WBS) on Thursday reported third-quarter earnings of $193 million. The bank, based in Stamford, Connecticut, said it had earnings of $1.10 per share. Earnings, adjusted for non-recurring costs, were $1.34 per share....

Webster Financial (WBS) Lags Q3 Earnings and Revenue Estimates — Oct 17th, 2024

Webster Financial (WBS) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings s...

Q3 2024 Webster Financial Corp Earnings Call — Oct 18th, 2024

Participants Emlen Harmon; Investor Relations; Webster Financial Corp John Ciulla; Chairman of the Board, Chief Executive Officer of the Company and Bank, President of the Bank; Webster Financial Corp Neal Holland; Chief Financial Officer; Webster Financial Corp Luis Massiani; Chief Op...

Webster Reports Third Quarter 2024 EPS of $1.10; Adjusted EPS of $1.34 — Oct 17th, 2024

STAMFORD, Conn., October 17, 2024--(BUSINESS WIRE)--Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common stockholders of $188.8 million, or $1.10 per diluted share, for the quarter ended September ...

Webster Financial Corp (WBS) Q3 2024 Earnings Call Highlights: Strong Deposit Growth and ... — Oct 18th, 2024

Deposit Growth: Increased by 3.6% in the quarter, with significant growth in DDA, commercial deposits, and HSA. Loan Growth: Increased by 0.7% in the quarter, excluding a $300 million securitization, growth was 1.3%. Net Interest Income: Increased quarter over quarter, aligning with full-y...

Webster Financial Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

Webster Financial (NYSE:WBS) Third Quarter 2024 Results Key Financial Results Revenue: US$593.6m (down 7.4% from 3Q 2023). Net income: US$188.8m (down 14% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.10 (down ...

Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y — Oct 18th, 2024

Webster Financial WBS reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calend...

Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y — Oct 18th, 2024

Webster Financial WBS reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calend...

Webster Financial Third Quarter 2024 Earnings: Misses Expectations — Oct 18th, 2024

Webster Financial (NYSE:WBS) Third Quarter 2024 Results Key Financial Results Revenue: US$593.6m (down 7.4% from 3Q 2023). Net income: US$188.8m (down 14% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.10 (down ...

Q3 2024 Webster Financial Corp Earnings Call — Oct 18th, 2024

Participants Emlen Harmon; Investor Relations; Webster Financial Corp John Ciulla; Chairman of the Board, Chief Executive Officer of the Company and Bank, President of the Bank; Webster Financial Corp Neal Holland; Chief Financial Officer; Webster Financial Corp Luis Massiani; Chief Op...

Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y — Oct 18th, 2024

Webster Financial WBS reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calend...

Webster Financial Q3 Earnings Miss Estimates, Revenues Decline Y/Y — Oct 18th, 2024

Webster Financial WBS reported adjusted third-quarter 2024 earnings per share (EPS) of $1.34, which missed Zacks Consensus Estimate of $1.35. This compares unfavorably with earnings of $1.55 reported a year ago. Find the latest earnings estimates and surprises on the Zacks Earnings Calend...

Q3 2024 Webster Financial Corp Earnings Call — Oct 18th, 2024

Participants Emlen Harmon; Investor Relations; Webster Financial Corp John Ciulla; Chairman of the Board, Chief Executive Officer of the Company and Bank, President of the Bank; Webster Financial Corp Neal Holland; Chief Financial Officer; Webster Financial Corp Luis Massiani; Chief Op...

Webster Financial Corp (WBS) Q3 2024 Earnings Call Highlights: Strong Deposit Growth and ... — Oct 18th, 2024

Deposit Growth: Increased by 3.6% in the quarter, with significant growth in DDA, commercial deposits, and HSA. Loan Growth: Increased by 0.7% in the quarter, excluding a $300 million securitization, growth was 1.3%. Net Interest Income: Increased quarter over quarter, aligning with full-y...

Webster Financial Corp (WBS) Q3 2024 Earnings Call Highlights: Strong Deposit Growth and ... — Oct 18th, 2024

Deposit Growth: Increased by 3.6% in the quarter, with significant growth in DDA, commercial deposits, and HSA. Loan Growth: Increased by 0.7% in the quarter, excluding a $300 million securitization, growth was 1.3%. Net Interest Income: Increased quarter over quarter, aligning with full-y...