Welcome to our dedicated page for Webster Financial news (Ticker: WBS), a resource for investors and traders seeking the latest updates and insights on Webster Financial stock.
Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., regularly issues news and updates that reflect its activities as a commercial bank and financial holding company. Founded in 1935 and headquartered in Stamford, Connecticut, Webster reports on developments across its three differentiated lines of business: Commercial Banking, Healthcare Financial Services, and Consumer Banking.
This news page highlights company announcements such as quarterly earnings releases, details on earnings conference calls, and commentary from senior leadership on financial performance. Investors can review press releases reporting net income, revenue, segment results, and other financial metrics, as well as information about dividends declared on common and preferred stock.
Webster also publishes news on changes to its prime lending rate, reflecting adjustments in its lending reference rate over time. In addition, the company reports on corporate actions and strategic steps, including capital markets transactions such as the issuance of subordinated notes, and acquisitions within its Healthcare Financial Services segment, such as HSA Bank’s acquisition of SecureSave.
Updates from divisions like HSA Bank and Ametros appear in the news flow, including reports on member impact, account growth, and enhancements to healthcare-related financial and administrative services. Governance and leadership items, such as board appointments and executive role changes, are also disclosed through press releases and related filings.
By reviewing this page, readers can follow Webster’s periodic financial reporting, capital and funding activities, healthcare-related initiatives, and other material corporate developments associated with the WBS stock.
Webster Financial Corporation (NYSE:WBS) reported strong Q2 2025 financial results with net income of $251.7 million, or $1.52 per diluted share, up from $175.5 million ($1.03/share) in Q2 2024. The bank achieved revenue of $715.8 million and maintained solid growth with loans reaching $53.7 billion (up 1.2% QoQ) and deposits of $66.3 billion (up 1.1% QoQ).
Key performance metrics include a return on average assets of 1.29%, return on average tangible common equity of 17.96%, and net interest margin of 3.44%. The bank's asset quality improved with net charge-offs ratio at 0.27% and an efficiency ratio of 45.40%. Webster maintained strong capital positions with a common equity tier 1 ratio of 11.33% and tangible common equity ratio of 7.46%.
Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, has scheduled its Q2 2025 earnings release for Thursday, July 17, 2025, at approximately 7:30 a.m. Eastern.
The company will host a conference call at 9:00 a.m. Eastern on the same day to discuss the results. Investors can access the call through a toll-free number (888-330-2446) or international number (1-240-789-2732) using passcode 8607257. A webcast will be available on Webster's Investor Relations website, with replay options available via both webcast and telephone for those unable to attend live.
Webster Financial Corporation (NYSE: WBS) has announced two key leadership appointments. Jason E. Schugel has been named Chief Risk Officer (CRO) and Executive Vice President, effective July 14, succeeding Daniel Bley who is retiring. Schugel joins from Ally Bank where he served as CRO, bringing over 25 years of financial, audit, and risk management experience.
Additionally, Frederick (Fred) J. Crawford has been appointed as an independent member of the Board of Directors for both Webster Financial Corporation and Webster Bank. Crawford previously served as President and Chief Operating Officer of AFLAC and held executive positions at CNO Financial Group and Lincoln Financial Group.
Amerant Bancorp (NYSE: AMTB) has announced the appointment of two new board members: Patricia "Patty" Morrison and Jack Kopnisky. Morrison brings extensive technology leadership experience as former CIO of Cardinal Health and board expertise from various Fortune 500 companies. Kopnisky contributes over 40 years of financial services experience, most recently serving as Executive Chairman of Webster Financial Corporation.
These appointments follow the addition of Lisa Lutoff-Perlo and Odilon Almeida Júnior to the board in January 2025, demonstrating Amerant's commitment to strategic growth and board strengthening as it aims to become Florida's bank of choice.
Webster Financial Corporation (NYSE:WBS) announced that its Board of Directors has authorized a significant increase of $700 million to its existing share repurchase program. The program allows for stock repurchases through open market transactions, private deals, and block trades, with implementation possible through Rule 10b5-1 trading plans.
The company will conduct repurchases at management's discretion, considering factors such as stock availability, market conditions, trading price, alternative capital uses, and financial performance. The program has no expiration date but can be modified, suspended, or terminated by the Board at any time based on various factors including market conditions and capital requirements.
Webster Financial Corporation (NYSE: WBS) has announced its latest dividend declarations for both common and preferred stockholders. The company's Board of Directors approved a quarterly cash dividend of $0.40 per share on common stock, payable May 22, 2025, to shareholders of record as of May 12, 2025.
Additionally, Webster declared dividends on two classes of preferred stock:
- Series F Preferred Stock: Quarterly cash dividend of $328.125 per share ($0.328125 per depositary share), payable June 16, 2025
- Series G Preferred Stock: Quarterly cash dividend of $16.25 per share ($0.40625 per depositary share), payable July 15, 2025
Webster Financial (NYSE: WBS) reported Q1 2025 net income of $220.4 million, or $1.30 per diluted share, up from $210.1 million ($1.23/share) in Q1 2024. Revenue reached $704.8 million, with net interest margin at 3.48%.
Key metrics include: loans and leases balance of $53.1 billion (up 1.0% QoQ), deposits of $65.6 billion (up 1.3% QoQ), and provision for credit losses of $77.5 million. The bank maintained strong capital ratios with Common Equity Tier 1 at 11.26% and efficiency ratio at 45.79%.
Performance across segments showed mixed results: Commercial Banking saw a 10.6% decline in pre-tax revenue, Healthcare Financial Services grew 7.6%, while Consumer Banking experienced an 11.7% decrease in pre-tax revenue compared to Q1 2024.
Webster Financial (NYSE: WBS) has scheduled its first quarter 2025 earnings release and conference call. The earnings will be released on Thursday, April 24, 2025, at approximately 7:30 a.m. (Eastern), followed by a conference call at 9:00 a.m. (Eastern).
The conference call will be accessible via toll-free number (888-330-2446) or international number (1-240-789-2732) using passcode 8607257. A webcast will be available through Webster's Investor Relations website, with replay options available shortly after the call's completion. A telephone replay will be accessible for one week starting from noon Eastern on April 24, 2025.
Webster Financial (NYSE: WBS) announced that Executive Vice President and Chief Risk Officer (CRO) Dan Bley will retire after 14 years with the company. Bley will continue serving as CRO until a successor is appointed, after which he will transition to an advisory role to ensure continuity.
The company has initiated a comprehensive search process with executive search firm Russell Reynolds to find Bley's replacement. During his tenure, Bley played a important role in establishing a robust risk culture at Webster and enhancing risk management programs to support the bank's growth.