View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsWebster Financial 배당 및 자사주 매입배당 기준 점검 5/6Webster Financial 수익으로 충분히 충당되는 현재 수익률 2.06% 보유한 배당금 지급 회사입니다. 마지막 지급일: 20th August, 2026 이며 배당락일은 다음과 같습니다. 10th August, 2026.핵심 정보2.1%배당 수익률2.9%자사주 매입 수익률총 주주 수익률5.0%미래 배당 수익률2.4%배당 성장률5.4%다음 배당 지급일20 Aug 26배당락일10 Aug 26주당 배당금n/a배당 성향26%최근 배당 및 자사주 매입 업데이트Declared Dividend • Aug 04Second quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 10th August 2026 Payment date: 20th August 2026 Dividend yield will be 2.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (26% payout ratio) and is expected to be well covered in 3 years' time (24% forecast payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • May 01Webster Financial Corporation announces Quarterly dividend, payable on May 21, 2026Webster Financial Corporation announced Quarterly dividend of USD 0.4000 per share payable on May 21, 2026, ex-date on May 11, 2026 and record date on May 11, 2026.공고 • Jan 29Webster Financial Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on February 19, 2026Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable February 19, 2026, to shareholders of record as of February 9, 2026.공고 • Oct 30Webster Financial Corporation Declares Quarterly Cash Dividend, Payable on November 20, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable November 20, 2025, to shareholders of record as of November 10, 2025.공고 • Jul 31Webster Financial Corporation Declares Common Share Dividends, Payable on August 21, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable August 21, 2025, to shareholders of record as of August 11, 2025.공고 • May 01Webster Financial Corporation Declares Quarterly Cash Dividend on its Common Stock, Payable on May 22, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable May 22, 2025, to shareholders of record as of May 12, 2025.모든 업데이트 보기Recent updates공고 • 13hWebster Financial Corporation Announces Delisting of Common Stock from New York Stock ExchangeWebster Financial Corporation notified the New York Stock Exchange that the certificate of merger for the Reincorporation Merger had been filed with the Department of State of the State of Delaware, and the two articles of merger, for the Reincorporation Merger and the IHC Merger, and articles of share exchange had been filed with the Virginia State Corporation Commission, and that the Reincorporation Merger, the Share Exchange and the IHC Merger would become effective on August 20, 2026 at 12:01 a.m., 12:02 a.m. and 12:04 a.m., respectively, Eastern Time. Webster requested that trading in Webster Common Stock and Webster Preferred Stock be suspended and further requested that the New York Stock Exchange withdraw Webster Common Stock and Webster Preferred Stock from listing on the New York Stock Exchange before the market opened on New York Stock Exchange on August 20, 2026 and file with the U.S. Securities and Exchange Commission on Form 25 a notification of delisting of such securities and the deregistration of such securities under Section 12(b) of the Securities Exchange Act of 1934, as amended, on August 20, 2026. As a result, Webster Common Stock and Webster Preferred Stock will no longer be listed on the New York Stock Exchange. Santander Holdings USA Inc., as successor to Webster, intends to file with the U.S. Securities and Exchange Commission certifications on Form 15 under the Securities Exchange Act of 1934 requesting the deregistration of Webster Common Stock and Webster Preferred Stock under Section 12(g) of the Securities Exchange Act and the suspension of Webster's reporting obligations under Sections 13 and 15(d) of the Securities Exchange Act as promptly as practicable.공고 • 19h+ 30 more updatesSantander Holdings USA, Inc. completed the acquisition of Webster Financial Corporation (NYSE:WBS) from FMR LLC, BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc. and others.Santander Holdings USA, Inc. signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) from FMR LLC, BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc. and others for $12.2 billion on February 3, 2026. A cash consideration of $7.86 billion valued at $48.75 per share will be paid by Banco Santander, S.A. and 2.0548 Santander shares in the form of American Depositary Shares representing $26.25 per Webster share. The combination is also expected to deliver significant combined cost synergies of approximately $800 million. The consideration mix represents 65% cash and 35% newly issued Santander shares in the form of American Depositary Shares. The transaction is self-funded through excess capital and future capital generation, enhancing Santander’s capital flexibility and long-term value creation capacity. In case of termination Webster Financial Corporation will pay $489 million. Christiana Riley will remain Santander’s country head in the U.S. and Santander Holdings USA (‘SHUSA’) Chief Executive Officer (‘CEO’). Webster’s current CEO, John Ciulla, will be the CEO of Santander Bank NA (‘SBNA’) into which Webster’s businesses will be integrated. Luis Massiani, Webster’s President and Chief Operating Officer (‘COO’), will be COO of both SHUSA and SBNA with responsibility for leading the integration while reporting to both John Ciulla and Christiana Riley. Ciulla and Massiani will both continue to be based in Webster’s existing headquarters in Stamford, Connecticut and will joined by two current Webster directors on the boards of Santander Holdings USA, Inc. and Santander Bank, N.A., which will be a core corporate office for Santander, alongside its corporate offices in Boston, New York, Miami and Dallas. Tim Ryan will continue to chair the board of directors of SHUSA. Until the transaction closes, Santander and Webster will continue to operate as separate companies, and there will be no changes to Santander or Webster customer accounts, branch access or day-to-day service. The transaction is expected to deliver earnings per share accretion of approximately 7-8% for Santander shareholders by 2028 and the combination is also expected to deliver significant combined cost synergies of approximately $800 million. Under the terms of the definitive agreement, which has been unanimously approved by the board of directors of Webster and the relevant bodies of Santander, Webster will become a wholly-owned subsidiary of Santander. The transaction is subject to approval of offer by acquirer shareholders, approval by regulatory board and approval of offer by target shareholders. The transaction is unanimously approved by the boards. The expected completion of the transaction is in the second half of 2026. As of March 30, 2026, Banco Santander submitted a Bank Merger Act application to Office of the Comptroller of the Currency. As of May 26, 2026, the shareholders of Webster Financial approved the transaction. As of June 12, 2026, the transaction was approved by the Office of the Comptroller of the Currency. As of July 21, 2026, the transaction was approved by the European Central Bank. As of August 4, 2026, the parties have received the required approval from the Board of Governors of the Federal Reserve System for the transaction. The transaction is expected to close on August 20, 2026. Centerview Partners LLC acted as financial advisor for Santander Holdings USA, Inc. Goldman Sachs & Co. LLC acted as financial advisor for Santander Holdings USA, Inc. Bank of America Europe DAC acted as financial advisor for Santander Holdings USA, Inc. Thee team of Davis Polk & Wardwell LLP led by Michael J. Willisch, Luigi L. De Ghenghi, Marc O. Williams, Lee Hochbaum, Suiwen Liang, Kyoko Takahashi Lin, Charlotte R. Fabiani acted as legal advisor for Santander Holdings USA, Inc. The team of Uría Menéndez Abogados, S.L.P. led by Francisco San Miguel, Felipe Carbonell and Carolina Albuerne acted as legal advisor for Santander Holdings USA, Inc.J.P. Morgan Securities LLC acted as financial advisor, fairness opinion provider for Webster Financial Corporation, will receive a fee of $7.5 million for opinion rendered and $67.5 million towards advisory services. The team of Wachtell, Lipton, Rosen & Katz LLP led by Edward D. Herlihy, Matthew M. Guest, Richard K. Kim, Ledina Gocaj, Jeannemarie O'Brien, Joshua M. Holmes and Christina C. Ma acted as legal advisor for Webster Financial Corporation. Piper Sandler & Co. acted as financial advisor for Webster Financial Corporation. Sodali & Co acted as proxy solicitor to Webster Financial Corporation and will receive a fee of $0.02 million. Banco Santander, S.A. acted as financial advisor to Santander. Alonso, Fernando C, Haas, Steven M, Jim Kennedy, Haas, Steven M, Goss, Carleton and Goolsby, Allen C of Hunton Andrews Kurth LLP acted as legal advisor to Santander Holdings USA, Inc. Santander Holdings USA, Inc. completed the acquisition of Webster Financial Corporation (NYSE:WBS) from FMR LLC, BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc. and others on August 20, 2026.Declared Dividend • Aug 04Second quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 10th August 2026 Payment date: 20th August 2026 Dividend yield will be 2.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (26% payout ratio) and is expected to be well covered in 3 years' time (24% forecast payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 22Second quarter 2026 earnings released: EPS: US$1.56 (vs US$1.52 in 2Q 2025)Second quarter 2026 results: EPS: US$1.56. Revenue: US$708.5m (up 5.8% from 2Q 2025). Net income: US$249.4m (flat on 2Q 2025). Profit margin: 35% (down from 38% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Banks industry in Europe.공고 • Jul 22Webster Financial Corporation Reports Net Charge Offs for the Second Quarter Ended June 30, 2026Webster Financial Corporation reported net charge offs charges for the second quarter ended June 30, 2026. For the period, the company reported total net charge-offs of $42,698,000 compared to $36,401,000 a year ago.공고 • Jul 11Webster Financial Corporation to Report Q2, 2026 Results on Jul 21, 2026Webster Financial Corporation announced that they will report Q2, 2026 results After-Market on Jul 21, 2026공고 • May 01Webster Financial Corporation announces Quarterly dividend, payable on May 21, 2026Webster Financial Corporation announced Quarterly dividend of USD 0.4000 per share payable on May 21, 2026, ex-date on May 11, 2026 and record date on May 11, 2026.공고 • Apr 29Webster Financial Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2026Webster Financial Corporation reported net charge offs for the first quarter ended March 31, 2026. For the period, the company reported total net charge-offs of $41,216,000 compared to $54,957,000 a year ago.공고 • Apr 10Webster Financial Corporation to Report Q1, 2026 Results on Apr 28, 2026Webster Financial Corporation announced that they will report Q1, 2026 results After-Market on Apr 28, 2026공고 • Feb 04Banco Santander, S.A. (BME:SAN) signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) for $12.1 billion.Banco Santander, S.A. (BME:SAN) signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) for $12.1 billion on February 3, 2026. A cash consideration of $7.86 billion valued at $48.75 per share will be paid by Banco Santander, S.A. and 2.0548 Santander shares in the form of American Depositary Shares representing $26.25 per Webster share. The combination is also expected to deliver significant combined cost synergies of approximately $800 million. The consideration mix represents 65% cash and 35% newly issued Santander shares in the form of American Depositary Shares. The transaction is self-funded through excess capital and future capital generation, enhancing Santander’s capital flexibility and long-term value creation capacity. Christiana Riley will remain Santander’s country head in the U.S. and Santander Holdings USA (‘SHUSA’) Chief Executive Officer (‘CEO’). Webster’s current CEO, John Ciulla, will be the CEO of Santander Bank NA (‘SBNA’) into which Webster’s businesses will be integrated. Luis Massiani, Webster’s President and Chief Operating Officer (‘COO’), will be COO of both SHUSA and SBNA with responsibility for leading the integration. Mr. Ciulla and Mr. Massiani will both continue to be based in Webster’s existing headquarters in Stamford, Connecticut, which will be a core corporate office for Santander, alongside its corporate offices in Boston, New York, Miami and Dallas. Tim Ryan will continue to chair the board of directors of SHUSA.Until the transaction closes, Santander and Webster will continue to operate as separate companies, and there will be no changes to Santander or Webster customer accounts, branch access or day-to-day service. The transaction is expected to deliver earnings per share accretion of approximately 7-8% for Santander shareholders by 2028 and the combination is also expected to deliver significant combined cost synergies of approximately $800 million. Under the terms of the definitive agreement, which has been unanimously approved by the board of directors of Webster and the relevant bodies of Santander, Webster will become a wholly-owned subsidiary of Santander. The transaction is subject to approval of offer by acquirer shareholders, approval by regulatory board and approval of offer by target shareholders. The expected completion of the transaction is in in the second half of 2026. Centerview Partners LLC acted as financial advisor for Banco Santander, S.A. Goldman Sachs & Co. LLC acted as financial advisor for Banco Santander, S.A. Bank of America Europe DAC acted as financial advisor for Banco Santander, S.A. Davis Polk & Wardwell LLP acted as legal advisor for Banco Santander, S.A. Uría Menéndez Abogados, S.L.P. acted as legal advisor for Banco Santander, S.A. J.P. Morgan Securities LLC acted as financial advisor for Webster Financial Corporation. J.P. Morgan Securities LLC acted as fairness opinion provider for Webster Financial Corporation. Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Webster Financial Corporation. Piper Sandler & Co. acted as financial advisor for Webster Financial Corporation.공고 • Jan 29Webster Financial Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on February 19, 2026Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable February 19, 2026, to shareholders of record as of February 9, 2026.공고 • Jan 23Webster Financial Corporation Reports Unaudited Net Charge Offs for the Fourth Quarter December 31, 2025Webster Financial Corporation reported unaudited net charge offs for the fourth quarter December 31, 2025. For the quarter, the company reported Total net charge-offs of $49,491,000 against $60,871,000 a year ago.공고 • Jan 12Webster Financial Corporation and Webster Bank, N.A. Announces Chief Accounting Officer Changes, Effective January 6, 2026On January 6, 2026, Webster Financial Corporation (the “Company”), the holding company for Webster Bank, National Association (the “Bank” and, together with the Company, “Webster”), appointed Kristen Antonopoulos as the Chief Accounting Officer of Webster. In connection with Ms. Antonopoulos’ appointment, Gregory S. Madar has relinquished the role of Interim Chief Accounting Officer for Webster. Ms. Antonopoulos, age 43, has over 20 years of relevant experience. She previously worked for American Express in a variety of roles from 2006 to 2025, and most recently served as the Vice President – Finance since 2020. Ms. Antonopoulos received a Bachelor of Science in Accounting from Western Connecticut State University and an Master of Business Administration in Finance and Accounting from New York University.공고 • Jan 07Webster Financial Corporation to Report Q4, 2025 Results on Jan 23, 2026Webster Financial Corporation announced that they will report Q4, 2025 results at 7:30 AM, US Eastern Standard Time on Jan 23, 2026공고 • Oct 30Webster Financial Corporation Declares Quarterly Cash Dividend, Payable on November 20, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable November 20, 2025, to shareholders of record as of November 10, 2025.공고 • Oct 17Webster Financial Corporation Reports Net-Charge Offs for the Third Quarter Ended September 30, 2025Webster Financial Corporation reported net-charge offs for the third quarter ended September 30, 2025. For the quarter, the company reported Net charge-offs were $38.4 million, compared to $36.4 million in the prior quarter, and $35.4 million a year ago. The ratio of net charge-offs to average loans and leases was 0.28%, compared to 0.27% in both the prior quarter and a year ago.공고 • Oct 10Webster Financial Corporation to Report Q3, 2025 Results on Oct 17, 2025Webster Financial Corporation announced that they will report Q3, 2025 results at 7:30 AM, US Eastern Standard Time on Oct 17, 2025공고 • Jul 31Webster Financial Corporation Declares Common Share Dividends, Payable on August 21, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable August 21, 2025, to shareholders of record as of August 11, 2025.공고 • Jul 22Webster Financial Corporation and Webster Bank, National Association Announce Executive ChangesOn July 18, 2025, Albert J. Wang informed Webster Financial Corporation (the “Company”) and Webster Bank, National Association (the “Bank”) of his decision to resign as Executive Vice President and Chief Accounting Officer of the Company and the Bank to pursue another professional opportunity. Mr. Wang will continue to serve the Company and the Bank in his current role through September 2, 2025, to assist in the transition process. Effective September 3, 2025, upon Mr. Wang’s resignation, Gregory S. Madar, Senior Managing Director, Corporate Controller, will serve as Interim Chief Accounting Officer while the Company conducts an internal and external search for Mr. Wang’s successor. Mr. Madar has served as Corporate Controller of the Bank since November 2023, and previously served as Chief Financial Officer of HSA Bank, a division of the Bank, from 2017 to 2023, and Chief Accounting Officer from 2011 to 2017.공고 • Jul 17Webster Financial Corporation Announces Net Charge Offs for Second Quarter Ended June 30, 2025Webster Financial Corporation announce net charge offs for second quarter ended June 30, 2025. For the quarter, the company announced net charge-offs of $36.4 million, compared to $55.0 million in the prior quarter, and $33.1 million a year ago. The ratio of net charge-offs to average loans and leases was 0.2%, compared to 0.42% in the prior quarter, and 0.26 % a year ago.공고 • Jul 08Webster Financial Corporation to Report Q2, 2025 Results on Jul 17, 2025Webster Financial Corporation announced that they will report Q2, 2025 results at 7:30 AM, US Eastern Standard Time on Jul 17, 2025공고 • Jul 02+ 1 more updateWebster Financial Corporation and Webster Bank, N.A. Announces Board and Executive ChangesWebster Financial Corporation the holding company, for Webster Bank, N.A., (the “Bank”) announced its Board of Directors approved both the appointment of Jason E. Schugel, as Chief Risk Officer (CRO) and Executive Vice President, and the appointment of Frederick (Fred) J. Crawford, as an independent member of the Board of Directors of the Company and the Bank. Schugel’s appointment, effective July 14, follows current Executive Vice President and CRO Daniel Bley’s previously announced retirement. Bley will temporarily serve in an advisory role to ensure a smooth transition. Schugel brings more than 25 years of strategic financial, audit and risk management experience to Webster, including most recently serving as CRO for Ally Bank. In his 15 years with Ally, he was instrumental in building agile risk and audit frameworks that furthered alignment and accountability with enterprise strategies. Prior to his time at Ally, he served in other senior level strategic roles. Schugel earned his MBA (Investment Banking Concentration) from Wake Forest University’s Babcock Graduate School of Management and a B.S. in finance from Southern Methodist University. Crawford most recently served as President and Chief Operating Officer of AFLAC, a Fortune 500 company. Before joining AFLAC, Crawford served as Executive Vice President and Chief Financial Officer at both CNO Financial Group and Lincoln Financial Group. Earlier in his career, he spent 13 years in banking, including officer positions at Bank One Corporation. He earned his MBA from the University of Iowa and a B.S. from Indiana State University.공고 • Jun 19Webster Financial Corporation Appoints Andrea Mills as Executive Managing Director, Effective Date Is July 1, 2025Webster Financial Corporation appointed Andrea Mills as Executive Managing Director, Effective date is July 1, 2025. Mills, a member of the executive team since 2018, most recently served as the Chief Client Officer of Ametros. As President, she will now oversee all aspects of Ametros’ operations and continue leading the company’s efforts to improve outcomes for injured individuals after an insurance settlement.공고 • May 01Webster Financial Corporation Declares Quarterly Cash Dividend on its Common Stock, Payable on May 22, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable May 22, 2025, to shareholders of record as of May 12, 2025.공고 • Apr 24Webster Financial Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2025Webster Financial Corporation Reported net charge-offs for the first quarter ended March 31, 2025. For the quarter, the company reported Total net charge-offs of $54,957,000 compared to $37,489,000 a year ago.공고 • Apr 08Webster Financial Corporation to Report Q1, 2025 Results on Apr 24, 2025Webster Financial Corporation announced that they will report Q1, 2025 results at 7:30 AM, Eastern Standard Time on Apr 24, 2025공고 • Apr 02Webster Financial Corporation Announces Retirement of Dan Bley as Executive Vice President and Chief Risk OfficerWebster Financial Corporation announced that after 14 years with the Company, Dan Bley intends to retire from his role as Executive Vice President and Chief Risk Officer (CRO). Mr. Bley will continue to serve as the Company’s CRO until a successor is appointed and will then serve in an advisory role to ensure a smooth transition.공고 • Jan 30Webster Financial Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on February 20, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable on February 20, 2025, to shareholders of record as of February 10, 2025.공고 • Jan 08Webster Financial Corporation to Report Q4, 2024 Results on Jan 17, 2025Webster Financial Corporation announced that they will report Q4, 2024 results at 7:30 AM, US Eastern Standard Time on Jan 17, 2025New Risk • Nov 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Significant insider selling over the past 3 months (€2.3m sold).Recent Insider Transactions • Nov 09Insider recently sold €542k worth of stockOn the 6th of November, Javier Evans sold around 10k shares on-market at roughly €53.49 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.7m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €55.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 21% over the past three years.Declared Dividend • Oct 28Third quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 1st November 2024 Payment date: 12th November 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (36% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 38% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공고 • Oct 25Webster Financial Corporation Declares Quarterly Cash Dividend, Payable on November 12, 2024Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable November 12, 2024, to shareholders of record as of November 1, 2024.Reported Earnings • Oct 17Third quarter 2024 earnings released: EPS: US$1.10 (vs US$1.29 in 3Q 2023)Third quarter 2024 results: EPS: US$1.10 (down from US$1.29 in 3Q 2023). 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. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공고 • Oct 09Webster Financial Corporation to Report Q3, 2024 Results on Oct 17, 2024Webster Financial Corporation announced that they will report Q3, 2024 results at 7:30 AM, US Eastern Standard Time on Oct 17, 2024Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €38.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 1.9% over the past three years.New Risk • Jul 30New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €718k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.Reported Earnings • Jul 24Second quarter 2024 earnings released: EPS: US$1.05 (vs US$1.32 in 2Q 2023)Second quarter 2024 results: EPS: US$1.05 (down from US$1.32 in 2Q 2023). Revenue: US$555.6m (down 13% from 2Q 2023). Net income: US$177.5m (down 22% from 2Q 2023). Profit margin: 32% (down from 36% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공고 • Jul 23Webster Financial Corporation Announces Unaudited Net Charge-Offs for the Second Quarter Ended June 30, 2024Webster Financial Corporation announced unaudited net charge-offs for the second quarter ended June 30, 2024. For the quarter, the company reported Total net charge-offs of $33,128,000 compared to $20,252,000 a year ago.Declared Dividend • Jul 22First quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 29th July 2024 Payment date: 8th August 2024 Dividend yield will be 3.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Jul 18Webster Financial Corporation Declares Common Dividend, Payable on August 8, 2024Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable August 8, 2024, to shareholders of record as of July 29, 2024.공고 • Jul 15+ 1 more updateWebster Financial Corporation CFO ChangesThe Board of Directors of Webster Financial Corporation appointed William (Neal) Holland as the Chief Financial Officer (CFO) for the Company to be effective following current Executive Vice President and CFO Glenn MacInnes’ previously announced retirement, which is expected in August 2024. At that time, MacInnes will assume an advisory role. Holland brings more than 20 years of strategic and financial experience to Webster, including most recently serving as CFO for First Republic Bank until May 2023. Prior to that, he served as CFO of Mitsubishi UFJ Financial Group (MUFG) Union Bank, N.A. and MUFG Americas Holding Corporation, including other senior level operating roles throughout his career. Holland, a CPA with a CFA distinction, earned a bachelor’s degree in business administration from the University of Washington.공고 • Jul 10Webster Financial Corporation to Report Q2, 2024 Results on Jul 23, 2024Webster Financial Corporation announced that they will report Q2, 2024 results at 7:30 AM, US Eastern Standard Time on Jul 23, 2024Declared Dividend • Apr 29First quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 3rd May 2024 Payment date: 16th May 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Apr 25Webster Financial Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on May 16, 2024Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable on May 16, 2024, to shareholders of record as of May 6, 2024.Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: US$1.23 (vs US$1.24 in 1Q 2023)First quarter 2024 results: EPS: US$1.23 (down from US$1.24 in 1Q 2023). Revenue: US$621.6m (flat on 1Q 2023). Net income: US$212.2m (down 1.3% from 1Q 2023). Profit margin: 34% (in line with 1Q 2023). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공고 • Apr 23Webster Financial Corporation Announces Net Charge Offs for the Quarter Ended March 31, 2024Webster Financial Corporation announced net charge offs for the quarter ended March 31, 2024. For the quarter, the company reported Total net charge-offs of $37,489,000 against $24,521,000 a year ago.공고 • Apr 06Webster Financial Corporation to Report Q1, 2024 Results on Apr 23, 2024Webster Financial Corporation announced that they will report Q1, 2024 results at 7:30 AM, Eastern Standard Time on Apr 23, 2024공고 • Mar 16Webster Financial Corporation, Annual General Meeting, Apr 24, 2024Webster Financial Corporation, Annual General Meeting, Apr 24, 2024, at 15:00 US Eastern Standard Time. Agenda: To consider Election of Directors - To elect eleven directors to serve for one-year terms; to approve, on a non-binding, advisory basis, the compensation of the named executive officers (“ NEOs”) of Webster; to consider Auditor Ratification - To vote, on a non-binding basis, to ratify the appointment of KPMG LLP as the independent registered public accounting firm of Webster for the year ending December 31, 2024; to transact any other business that properly comes before the Annual Meeting, or any adjournments thereof.Recent Insider Transactions • Mar 14Insider recently sold €622k worth of stockOn the 11th of March, Christopher Motl sold around 14k shares on-market at roughly €44.84 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €643k. Insiders have been net sellers, collectively disposing of €4.2m more than they bought in the last 12 months.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: US$4.91 (vs US$3.72 in FY 2022)Full year 2023 results: EPS: US$4.91 (up from US$3.72 in FY 2022). Revenue: US$2.50b (up 14% from FY 2022). Net income: US$843.3m (up 35% from FY 2022). Profit margin: 34% (up from 28% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.52% (up from 3.49% in FY 2022). Cost-to-income ratio: 42.2% (down from 43.4% in FY 2022). Non-performing loans: 0.41% (no change from 0.41% in FY 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Jan 31COO & Senior Executive VP recently sold €643k worth of stockOn the 30th of January, Luis Massiani sold around 14k shares on-market at roughly €47.64 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.2m. Luis has been a net seller over the last 12 months, reducing personal holdings by €1.2m.공고 • Jan 31Webster Financial Corporation Announces Executive Changes, Effective as of February 1, 2024On January 24, 2024, Webster Financial Corporation appointed Luis Massiani, currently President and Chief Operating Officer of Webster Bank, N.A., as the Company’s President and Chief Operating Officer, effective as of February 1, 2024, to serve in such capacity until his successor is duly appointed, or his earlier termination, resignation, death or removal from office. Mr. Massiani will continue to serve as Chief Operating Officer and Senior Executive Vice President of the Bank. Also effective February 1, 2024, John Ciulla, currently President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank, will assume the role of President of the Bank. Mr. Cuilla will continue to serve as Chief Executive Officer of both the Company and the Bank. As previously disclosed, in connection with Webster’s merger with Sterling Bancorp, on January 31, 2022, Jack L. Kopnisky was appointed Executive Chairman of the Company’s and the Bank’s Boards of Directors (together, the “Boards ”) and was a named executive officer in the Proxy Statement. Pursuant to the Company’s Bylaws, as amended, effective as of January 31, 2024 (the 24-month anniversary of the effective time of Merger), Mr. Kopnisky will cease to serve as a member of both Boards and will instead serve as a strategic consultant to the Company and the Bank. Following Mr. Kopnisky’s departure, Mr. Ciulla will succeed Mr. Kopnisky as Chairman of both Boards and the size of the Company’s Board of Directors will be decreased by one member to 14 directors.Declared Dividend • Jan 28Fourth quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 2nd February 2024 Payment date: 16th February 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (23% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Jan 25Webster Financial Corporation Declares Quarterly Cash Dividend, Payable on February 16, 2024Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable February 16, 2024, to shareholders of record as of February 5, 2024.Reported Earnings • Jan 24Full year 2023 earnings released: EPS: US$4.91 (vs US$3.72 in FY 2022)Full year 2023 results: EPS: US$4.91 (up from US$3.72 in FY 2022). Revenue: US$2.50b (up 14% from FY 2022). Net income: US$851.2m (up 37% from FY 2022). Profit margin: 34% (up from 28% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공고 • Jan 23Webster Financial Corporation Reports Net Charge Offs for the Quarter Ended December 31, 2023Webster Financial Corporation reported net charge offs for the quarter ended December 31, 2023. For the quarter, the company reported net charge-offs were $34.0 million, compared to $29.3 million in the prior quarter, and $20.2 million a year ago. The ratio of net charge-offs to average loans and leases was 0.27%, compared to 0.23% in the prior quarter, and 0.17% a year ago.공고 • Jan 12Webster Financial Corporation to Report Q4, 2023 Results on Jan 23, 2024Webster Financial Corporation announced that they will report Q4, 2023 results at 7:30 AM, US Eastern Standard Time on Jan 23, 2024Recent Insider Transactions • Dec 17Executive Chairman of the Board recently sold €1.2m worth of stockOn the 13th of December, Jack Kopnisky sold around 25k shares on-market at roughly €46.34 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jack's only on-market trade for the last 12 months.공고 • Oct 25Webster Financial Corporation Announces Quarterly Cash Dividend, Payable on November 13, 2023Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable November 13, 2023, to shareholders of record as of November 3, 2023.Reported Earnings • Oct 20Third quarter 2023 earnings released: EPS: US$1.29 (vs US$1.31 in 3Q 2022)Third quarter 2023 results: EPS: US$1.29 (down from US$1.31 in 3Q 2022). Revenue: US$641.0m (up 2.1% from 3Q 2022). Net income: US$226.5m (flat on 3Q 2022). Profit margin: 35% (in line with 3Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공고 • Oct 11Webster Financial Corporation to Report Q3, 2023 Results on Oct 19, 2023Webster Financial Corporation announced that they will report Q3, 2023 results at 7:30 AM, US Eastern Standard Time on Oct 19, 2023공고 • Sep 20Webster Financial Corporation Appoints Kristy Berner as Executive Vice President, General Counsel and Corporate SecretaryWebster Financial Corporation announced that Kristy Berner has been appointed Executive Vice President, General Counsel and Corporate Secretary of the company. She will lead all of Webster’s corporate legal services. Berner has more than twenty years’ experience in the financial services industry, most recently serving as Executive Vice President, Deputy General Counsel and Assistant Corporate Secretary at M&T Bank Corporation. Prior to joining M&T, she was the General Counsel and Corporate Secretary at both People’s United Bank and First Niagara Bank, as well as the Deputy General Counsel at KeyBank. Berner began her legal career at Hodgson Russ LLP, where her practice focused on mergers and acquisitions, securities and corporate matters. Berner served as a member of the Quinnipiac University Center for Women in Business Advisory Board and as a prior Chair and Vice-Chair of the American Bankers Association General Counsel Group. She is a long-standing member of the Society for Corporate Governance as well as a variety of other legal and bank trade group associations. Berner earned a bachelor’s degree in political science and psychology, an MBA and her law degree from the State University of New York at Buffalo.Upcoming Dividend • Jul 25Upcoming dividend of US$0.40 per share at 3.5% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 16 August 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.8%).공고 • Jul 23Webster Financial Corporation Provides Earnings Guidance for the Full Year 2023Webster Financial Corporation provided earnings guidance for the full year 2023. For the year, the company expected net interest income of $2.350 billion.공고 • Jul 22Webster Financial Corporation Declares Quarterly Cash Dividend, Payable on August 16, 2023Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable August 16, 2023, to shareholders of record as of August 2, 2023.Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: US$1.32 (vs US$1.00 in 2Q 2022)Second quarter 2023 results: EPS: US$1.32 (up from US$1.00 in 2Q 2022). Revenue: US$641.7m (up 7.8% from 2Q 2022). Net income: US$230.8m (up 31% from 2Q 2022). Profit margin: 36% (up from 30% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: WED 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: WED 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Webster Financial 배당 수익률 vs 시장WED의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (WED)2.1%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.7%업계 평균 (Banks)4.1%분석가 예측 (WED) (최대 3년)2.4%주목할만한 배당금: WED 의 배당금( 2.06% )은 German 시장에서 배당금 지급자의 하위 25%( 1.45% )보다 높습니다.고배당: WED 의 배당금( 2.06% )은 German 시장에서 배당금 지급자의 상위 25%( 4.71% )와 비교해 낮습니다.현재 주주 배당수익 보장: 합리적으로 낮은 지불 비율 ( 26% )로 WED 의 배당금 지급은 수익으로 충분히 충당됩니다.향후 주주 배당미래 배당 보장: WED 의 3년 배당금은 수익( 24.8% 지급 비율)으로 충분히 충당될 것으로 예상됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/19 13:51종가2026/08/19 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Webster Financial Corporation는 27명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Bruce HartingBarclaysJared David ShawBarclaysJason GoldbergBarclays24명의 분석가 더 보기
Declared Dividend • Aug 04Second quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 10th August 2026 Payment date: 20th August 2026 Dividend yield will be 2.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (26% payout ratio) and is expected to be well covered in 3 years' time (24% forecast payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • May 01Webster Financial Corporation announces Quarterly dividend, payable on May 21, 2026Webster Financial Corporation announced Quarterly dividend of USD 0.4000 per share payable on May 21, 2026, ex-date on May 11, 2026 and record date on May 11, 2026.
공고 • Jan 29Webster Financial Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on February 19, 2026Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable February 19, 2026, to shareholders of record as of February 9, 2026.
공고 • Oct 30Webster Financial Corporation Declares Quarterly Cash Dividend, Payable on November 20, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable November 20, 2025, to shareholders of record as of November 10, 2025.
공고 • Jul 31Webster Financial Corporation Declares Common Share Dividends, Payable on August 21, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable August 21, 2025, to shareholders of record as of August 11, 2025.
공고 • May 01Webster Financial Corporation Declares Quarterly Cash Dividend on its Common Stock, Payable on May 22, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable May 22, 2025, to shareholders of record as of May 12, 2025.
공고 • 13hWebster Financial Corporation Announces Delisting of Common Stock from New York Stock ExchangeWebster Financial Corporation notified the New York Stock Exchange that the certificate of merger for the Reincorporation Merger had been filed with the Department of State of the State of Delaware, and the two articles of merger, for the Reincorporation Merger and the IHC Merger, and articles of share exchange had been filed with the Virginia State Corporation Commission, and that the Reincorporation Merger, the Share Exchange and the IHC Merger would become effective on August 20, 2026 at 12:01 a.m., 12:02 a.m. and 12:04 a.m., respectively, Eastern Time. Webster requested that trading in Webster Common Stock and Webster Preferred Stock be suspended and further requested that the New York Stock Exchange withdraw Webster Common Stock and Webster Preferred Stock from listing on the New York Stock Exchange before the market opened on New York Stock Exchange on August 20, 2026 and file with the U.S. Securities and Exchange Commission on Form 25 a notification of delisting of such securities and the deregistration of such securities under Section 12(b) of the Securities Exchange Act of 1934, as amended, on August 20, 2026. As a result, Webster Common Stock and Webster Preferred Stock will no longer be listed on the New York Stock Exchange. Santander Holdings USA Inc., as successor to Webster, intends to file with the U.S. Securities and Exchange Commission certifications on Form 15 under the Securities Exchange Act of 1934 requesting the deregistration of Webster Common Stock and Webster Preferred Stock under Section 12(g) of the Securities Exchange Act and the suspension of Webster's reporting obligations under Sections 13 and 15(d) of the Securities Exchange Act as promptly as practicable.
공고 • 19h+ 30 more updatesSantander Holdings USA, Inc. completed the acquisition of Webster Financial Corporation (NYSE:WBS) from FMR LLC, BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc. and others.Santander Holdings USA, Inc. signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) from FMR LLC, BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc. and others for $12.2 billion on February 3, 2026. A cash consideration of $7.86 billion valued at $48.75 per share will be paid by Banco Santander, S.A. and 2.0548 Santander shares in the form of American Depositary Shares representing $26.25 per Webster share. The combination is also expected to deliver significant combined cost synergies of approximately $800 million. The consideration mix represents 65% cash and 35% newly issued Santander shares in the form of American Depositary Shares. The transaction is self-funded through excess capital and future capital generation, enhancing Santander’s capital flexibility and long-term value creation capacity. In case of termination Webster Financial Corporation will pay $489 million. Christiana Riley will remain Santander’s country head in the U.S. and Santander Holdings USA (‘SHUSA’) Chief Executive Officer (‘CEO’). Webster’s current CEO, John Ciulla, will be the CEO of Santander Bank NA (‘SBNA’) into which Webster’s businesses will be integrated. Luis Massiani, Webster’s President and Chief Operating Officer (‘COO’), will be COO of both SHUSA and SBNA with responsibility for leading the integration while reporting to both John Ciulla and Christiana Riley. Ciulla and Massiani will both continue to be based in Webster’s existing headquarters in Stamford, Connecticut and will joined by two current Webster directors on the boards of Santander Holdings USA, Inc. and Santander Bank, N.A., which will be a core corporate office for Santander, alongside its corporate offices in Boston, New York, Miami and Dallas. Tim Ryan will continue to chair the board of directors of SHUSA. Until the transaction closes, Santander and Webster will continue to operate as separate companies, and there will be no changes to Santander or Webster customer accounts, branch access or day-to-day service. The transaction is expected to deliver earnings per share accretion of approximately 7-8% for Santander shareholders by 2028 and the combination is also expected to deliver significant combined cost synergies of approximately $800 million. Under the terms of the definitive agreement, which has been unanimously approved by the board of directors of Webster and the relevant bodies of Santander, Webster will become a wholly-owned subsidiary of Santander. The transaction is subject to approval of offer by acquirer shareholders, approval by regulatory board and approval of offer by target shareholders. The transaction is unanimously approved by the boards. The expected completion of the transaction is in the second half of 2026. As of March 30, 2026, Banco Santander submitted a Bank Merger Act application to Office of the Comptroller of the Currency. As of May 26, 2026, the shareholders of Webster Financial approved the transaction. As of June 12, 2026, the transaction was approved by the Office of the Comptroller of the Currency. As of July 21, 2026, the transaction was approved by the European Central Bank. As of August 4, 2026, the parties have received the required approval from the Board of Governors of the Federal Reserve System for the transaction. The transaction is expected to close on August 20, 2026. Centerview Partners LLC acted as financial advisor for Santander Holdings USA, Inc. Goldman Sachs & Co. LLC acted as financial advisor for Santander Holdings USA, Inc. Bank of America Europe DAC acted as financial advisor for Santander Holdings USA, Inc. Thee team of Davis Polk & Wardwell LLP led by Michael J. Willisch, Luigi L. De Ghenghi, Marc O. Williams, Lee Hochbaum, Suiwen Liang, Kyoko Takahashi Lin, Charlotte R. Fabiani acted as legal advisor for Santander Holdings USA, Inc. The team of Uría Menéndez Abogados, S.L.P. led by Francisco San Miguel, Felipe Carbonell and Carolina Albuerne acted as legal advisor for Santander Holdings USA, Inc.J.P. Morgan Securities LLC acted as financial advisor, fairness opinion provider for Webster Financial Corporation, will receive a fee of $7.5 million for opinion rendered and $67.5 million towards advisory services. The team of Wachtell, Lipton, Rosen & Katz LLP led by Edward D. Herlihy, Matthew M. Guest, Richard K. Kim, Ledina Gocaj, Jeannemarie O'Brien, Joshua M. Holmes and Christina C. Ma acted as legal advisor for Webster Financial Corporation. Piper Sandler & Co. acted as financial advisor for Webster Financial Corporation. Sodali & Co acted as proxy solicitor to Webster Financial Corporation and will receive a fee of $0.02 million. Banco Santander, S.A. acted as financial advisor to Santander. Alonso, Fernando C, Haas, Steven M, Jim Kennedy, Haas, Steven M, Goss, Carleton and Goolsby, Allen C of Hunton Andrews Kurth LLP acted as legal advisor to Santander Holdings USA, Inc. Santander Holdings USA, Inc. completed the acquisition of Webster Financial Corporation (NYSE:WBS) from FMR LLC, BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc. and others on August 20, 2026.
Declared Dividend • Aug 04Second quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 10th August 2026 Payment date: 20th August 2026 Dividend yield will be 2.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (26% payout ratio) and is expected to be well covered in 3 years' time (24% forecast payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 22Second quarter 2026 earnings released: EPS: US$1.56 (vs US$1.52 in 2Q 2025)Second quarter 2026 results: EPS: US$1.56. Revenue: US$708.5m (up 5.8% from 2Q 2025). Net income: US$249.4m (flat on 2Q 2025). Profit margin: 35% (down from 38% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Banks industry in Europe.
공고 • Jul 22Webster Financial Corporation Reports Net Charge Offs for the Second Quarter Ended June 30, 2026Webster Financial Corporation reported net charge offs charges for the second quarter ended June 30, 2026. For the period, the company reported total net charge-offs of $42,698,000 compared to $36,401,000 a year ago.
공고 • Jul 11Webster Financial Corporation to Report Q2, 2026 Results on Jul 21, 2026Webster Financial Corporation announced that they will report Q2, 2026 results After-Market on Jul 21, 2026
공고 • May 01Webster Financial Corporation announces Quarterly dividend, payable on May 21, 2026Webster Financial Corporation announced Quarterly dividend of USD 0.4000 per share payable on May 21, 2026, ex-date on May 11, 2026 and record date on May 11, 2026.
공고 • Apr 29Webster Financial Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2026Webster Financial Corporation reported net charge offs for the first quarter ended March 31, 2026. For the period, the company reported total net charge-offs of $41,216,000 compared to $54,957,000 a year ago.
공고 • Apr 10Webster Financial Corporation to Report Q1, 2026 Results on Apr 28, 2026Webster Financial Corporation announced that they will report Q1, 2026 results After-Market on Apr 28, 2026
공고 • Feb 04Banco Santander, S.A. (BME:SAN) signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) for $12.1 billion.Banco Santander, S.A. (BME:SAN) signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) for $12.1 billion on February 3, 2026. A cash consideration of $7.86 billion valued at $48.75 per share will be paid by Banco Santander, S.A. and 2.0548 Santander shares in the form of American Depositary Shares representing $26.25 per Webster share. The combination is also expected to deliver significant combined cost synergies of approximately $800 million. The consideration mix represents 65% cash and 35% newly issued Santander shares in the form of American Depositary Shares. The transaction is self-funded through excess capital and future capital generation, enhancing Santander’s capital flexibility and long-term value creation capacity. Christiana Riley will remain Santander’s country head in the U.S. and Santander Holdings USA (‘SHUSA’) Chief Executive Officer (‘CEO’). Webster’s current CEO, John Ciulla, will be the CEO of Santander Bank NA (‘SBNA’) into which Webster’s businesses will be integrated. Luis Massiani, Webster’s President and Chief Operating Officer (‘COO’), will be COO of both SHUSA and SBNA with responsibility for leading the integration. Mr. Ciulla and Mr. Massiani will both continue to be based in Webster’s existing headquarters in Stamford, Connecticut, which will be a core corporate office for Santander, alongside its corporate offices in Boston, New York, Miami and Dallas. Tim Ryan will continue to chair the board of directors of SHUSA.Until the transaction closes, Santander and Webster will continue to operate as separate companies, and there will be no changes to Santander or Webster customer accounts, branch access or day-to-day service. The transaction is expected to deliver earnings per share accretion of approximately 7-8% for Santander shareholders by 2028 and the combination is also expected to deliver significant combined cost synergies of approximately $800 million. Under the terms of the definitive agreement, which has been unanimously approved by the board of directors of Webster and the relevant bodies of Santander, Webster will become a wholly-owned subsidiary of Santander. The transaction is subject to approval of offer by acquirer shareholders, approval by regulatory board and approval of offer by target shareholders. The expected completion of the transaction is in in the second half of 2026. Centerview Partners LLC acted as financial advisor for Banco Santander, S.A. Goldman Sachs & Co. LLC acted as financial advisor for Banco Santander, S.A. Bank of America Europe DAC acted as financial advisor for Banco Santander, S.A. Davis Polk & Wardwell LLP acted as legal advisor for Banco Santander, S.A. Uría Menéndez Abogados, S.L.P. acted as legal advisor for Banco Santander, S.A. J.P. Morgan Securities LLC acted as financial advisor for Webster Financial Corporation. J.P. Morgan Securities LLC acted as fairness opinion provider for Webster Financial Corporation. Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Webster Financial Corporation. Piper Sandler & Co. acted as financial advisor for Webster Financial Corporation.
공고 • Jan 29Webster Financial Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on February 19, 2026Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable February 19, 2026, to shareholders of record as of February 9, 2026.
공고 • Jan 23Webster Financial Corporation Reports Unaudited Net Charge Offs for the Fourth Quarter December 31, 2025Webster Financial Corporation reported unaudited net charge offs for the fourth quarter December 31, 2025. For the quarter, the company reported Total net charge-offs of $49,491,000 against $60,871,000 a year ago.
공고 • Jan 12Webster Financial Corporation and Webster Bank, N.A. Announces Chief Accounting Officer Changes, Effective January 6, 2026On January 6, 2026, Webster Financial Corporation (the “Company”), the holding company for Webster Bank, National Association (the “Bank” and, together with the Company, “Webster”), appointed Kristen Antonopoulos as the Chief Accounting Officer of Webster. In connection with Ms. Antonopoulos’ appointment, Gregory S. Madar has relinquished the role of Interim Chief Accounting Officer for Webster. Ms. Antonopoulos, age 43, has over 20 years of relevant experience. She previously worked for American Express in a variety of roles from 2006 to 2025, and most recently served as the Vice President – Finance since 2020. Ms. Antonopoulos received a Bachelor of Science in Accounting from Western Connecticut State University and an Master of Business Administration in Finance and Accounting from New York University.
공고 • Jan 07Webster Financial Corporation to Report Q4, 2025 Results on Jan 23, 2026Webster Financial Corporation announced that they will report Q4, 2025 results at 7:30 AM, US Eastern Standard Time on Jan 23, 2026
공고 • Oct 30Webster Financial Corporation Declares Quarterly Cash Dividend, Payable on November 20, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable November 20, 2025, to shareholders of record as of November 10, 2025.
공고 • Oct 17Webster Financial Corporation Reports Net-Charge Offs for the Third Quarter Ended September 30, 2025Webster Financial Corporation reported net-charge offs for the third quarter ended September 30, 2025. For the quarter, the company reported Net charge-offs were $38.4 million, compared to $36.4 million in the prior quarter, and $35.4 million a year ago. The ratio of net charge-offs to average loans and leases was 0.28%, compared to 0.27% in both the prior quarter and a year ago.
공고 • Oct 10Webster Financial Corporation to Report Q3, 2025 Results on Oct 17, 2025Webster Financial Corporation announced that they will report Q3, 2025 results at 7:30 AM, US Eastern Standard Time on Oct 17, 2025
공고 • Jul 31Webster Financial Corporation Declares Common Share Dividends, Payable on August 21, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable August 21, 2025, to shareholders of record as of August 11, 2025.
공고 • Jul 22Webster Financial Corporation and Webster Bank, National Association Announce Executive ChangesOn July 18, 2025, Albert J. Wang informed Webster Financial Corporation (the “Company”) and Webster Bank, National Association (the “Bank”) of his decision to resign as Executive Vice President and Chief Accounting Officer of the Company and the Bank to pursue another professional opportunity. Mr. Wang will continue to serve the Company and the Bank in his current role through September 2, 2025, to assist in the transition process. Effective September 3, 2025, upon Mr. Wang’s resignation, Gregory S. Madar, Senior Managing Director, Corporate Controller, will serve as Interim Chief Accounting Officer while the Company conducts an internal and external search for Mr. Wang’s successor. Mr. Madar has served as Corporate Controller of the Bank since November 2023, and previously served as Chief Financial Officer of HSA Bank, a division of the Bank, from 2017 to 2023, and Chief Accounting Officer from 2011 to 2017.
공고 • Jul 17Webster Financial Corporation Announces Net Charge Offs for Second Quarter Ended June 30, 2025Webster Financial Corporation announce net charge offs for second quarter ended June 30, 2025. For the quarter, the company announced net charge-offs of $36.4 million, compared to $55.0 million in the prior quarter, and $33.1 million a year ago. The ratio of net charge-offs to average loans and leases was 0.2%, compared to 0.42% in the prior quarter, and 0.26 % a year ago.
공고 • Jul 08Webster Financial Corporation to Report Q2, 2025 Results on Jul 17, 2025Webster Financial Corporation announced that they will report Q2, 2025 results at 7:30 AM, US Eastern Standard Time on Jul 17, 2025
공고 • Jul 02+ 1 more updateWebster Financial Corporation and Webster Bank, N.A. Announces Board and Executive ChangesWebster Financial Corporation the holding company, for Webster Bank, N.A., (the “Bank”) announced its Board of Directors approved both the appointment of Jason E. Schugel, as Chief Risk Officer (CRO) and Executive Vice President, and the appointment of Frederick (Fred) J. Crawford, as an independent member of the Board of Directors of the Company and the Bank. Schugel’s appointment, effective July 14, follows current Executive Vice President and CRO Daniel Bley’s previously announced retirement. Bley will temporarily serve in an advisory role to ensure a smooth transition. Schugel brings more than 25 years of strategic financial, audit and risk management experience to Webster, including most recently serving as CRO for Ally Bank. In his 15 years with Ally, he was instrumental in building agile risk and audit frameworks that furthered alignment and accountability with enterprise strategies. Prior to his time at Ally, he served in other senior level strategic roles. Schugel earned his MBA (Investment Banking Concentration) from Wake Forest University’s Babcock Graduate School of Management and a B.S. in finance from Southern Methodist University. Crawford most recently served as President and Chief Operating Officer of AFLAC, a Fortune 500 company. Before joining AFLAC, Crawford served as Executive Vice President and Chief Financial Officer at both CNO Financial Group and Lincoln Financial Group. Earlier in his career, he spent 13 years in banking, including officer positions at Bank One Corporation. He earned his MBA from the University of Iowa and a B.S. from Indiana State University.
공고 • Jun 19Webster Financial Corporation Appoints Andrea Mills as Executive Managing Director, Effective Date Is July 1, 2025Webster Financial Corporation appointed Andrea Mills as Executive Managing Director, Effective date is July 1, 2025. Mills, a member of the executive team since 2018, most recently served as the Chief Client Officer of Ametros. As President, she will now oversee all aspects of Ametros’ operations and continue leading the company’s efforts to improve outcomes for injured individuals after an insurance settlement.
공고 • May 01Webster Financial Corporation Declares Quarterly Cash Dividend on its Common Stock, Payable on May 22, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable May 22, 2025, to shareholders of record as of May 12, 2025.
공고 • Apr 24Webster Financial Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2025Webster Financial Corporation Reported net charge-offs for the first quarter ended March 31, 2025. For the quarter, the company reported Total net charge-offs of $54,957,000 compared to $37,489,000 a year ago.
공고 • Apr 08Webster Financial Corporation to Report Q1, 2025 Results on Apr 24, 2025Webster Financial Corporation announced that they will report Q1, 2025 results at 7:30 AM, Eastern Standard Time on Apr 24, 2025
공고 • Apr 02Webster Financial Corporation Announces Retirement of Dan Bley as Executive Vice President and Chief Risk OfficerWebster Financial Corporation announced that after 14 years with the Company, Dan Bley intends to retire from his role as Executive Vice President and Chief Risk Officer (CRO). Mr. Bley will continue to serve as the Company’s CRO until a successor is appointed and will then serve in an advisory role to ensure a smooth transition.
공고 • Jan 30Webster Financial Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on February 20, 2025Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable on February 20, 2025, to shareholders of record as of February 10, 2025.
공고 • Jan 08Webster Financial Corporation to Report Q4, 2024 Results on Jan 17, 2025Webster Financial Corporation announced that they will report Q4, 2024 results at 7:30 AM, US Eastern Standard Time on Jan 17, 2025
New Risk • Nov 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Significant insider selling over the past 3 months (€2.3m sold).
Recent Insider Transactions • Nov 09Insider recently sold €542k worth of stockOn the 6th of November, Javier Evans sold around 10k shares on-market at roughly €53.49 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.7m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €55.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 21% over the past three years.
Declared Dividend • Oct 28Third quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 1st November 2024 Payment date: 12th November 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (36% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 38% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공고 • Oct 25Webster Financial Corporation Declares Quarterly Cash Dividend, Payable on November 12, 2024Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable November 12, 2024, to shareholders of record as of November 1, 2024.
Reported Earnings • Oct 17Third quarter 2024 earnings released: EPS: US$1.10 (vs US$1.29 in 3Q 2023)Third quarter 2024 results: EPS: US$1.10 (down from US$1.29 in 3Q 2023). 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. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공고 • Oct 09Webster Financial Corporation to Report Q3, 2024 Results on Oct 17, 2024Webster Financial Corporation announced that they will report Q3, 2024 results at 7:30 AM, US Eastern Standard Time on Oct 17, 2024
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €38.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 1.9% over the past three years.
New Risk • Jul 30New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €718k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
Reported Earnings • Jul 24Second quarter 2024 earnings released: EPS: US$1.05 (vs US$1.32 in 2Q 2023)Second quarter 2024 results: EPS: US$1.05 (down from US$1.32 in 2Q 2023). Revenue: US$555.6m (down 13% from 2Q 2023). Net income: US$177.5m (down 22% from 2Q 2023). Profit margin: 32% (down from 36% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공고 • Jul 23Webster Financial Corporation Announces Unaudited Net Charge-Offs for the Second Quarter Ended June 30, 2024Webster Financial Corporation announced unaudited net charge-offs for the second quarter ended June 30, 2024. For the quarter, the company reported Total net charge-offs of $33,128,000 compared to $20,252,000 a year ago.
Declared Dividend • Jul 22First quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 29th July 2024 Payment date: 8th August 2024 Dividend yield will be 3.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Jul 18Webster Financial Corporation Declares Common Dividend, Payable on August 8, 2024Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable August 8, 2024, to shareholders of record as of July 29, 2024.
공고 • Jul 15+ 1 more updateWebster Financial Corporation CFO ChangesThe Board of Directors of Webster Financial Corporation appointed William (Neal) Holland as the Chief Financial Officer (CFO) for the Company to be effective following current Executive Vice President and CFO Glenn MacInnes’ previously announced retirement, which is expected in August 2024. At that time, MacInnes will assume an advisory role. Holland brings more than 20 years of strategic and financial experience to Webster, including most recently serving as CFO for First Republic Bank until May 2023. Prior to that, he served as CFO of Mitsubishi UFJ Financial Group (MUFG) Union Bank, N.A. and MUFG Americas Holding Corporation, including other senior level operating roles throughout his career. Holland, a CPA with a CFA distinction, earned a bachelor’s degree in business administration from the University of Washington.
공고 • Jul 10Webster Financial Corporation to Report Q2, 2024 Results on Jul 23, 2024Webster Financial Corporation announced that they will report Q2, 2024 results at 7:30 AM, US Eastern Standard Time on Jul 23, 2024
Declared Dividend • Apr 29First quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 3rd May 2024 Payment date: 16th May 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Apr 25Webster Financial Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on May 16, 2024Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable on May 16, 2024, to shareholders of record as of May 6, 2024.
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: US$1.23 (vs US$1.24 in 1Q 2023)First quarter 2024 results: EPS: US$1.23 (down from US$1.24 in 1Q 2023). Revenue: US$621.6m (flat on 1Q 2023). Net income: US$212.2m (down 1.3% from 1Q 2023). Profit margin: 34% (in line with 1Q 2023). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공고 • Apr 23Webster Financial Corporation Announces Net Charge Offs for the Quarter Ended March 31, 2024Webster Financial Corporation announced net charge offs for the quarter ended March 31, 2024. For the quarter, the company reported Total net charge-offs of $37,489,000 against $24,521,000 a year ago.
공고 • Apr 06Webster Financial Corporation to Report Q1, 2024 Results on Apr 23, 2024Webster Financial Corporation announced that they will report Q1, 2024 results at 7:30 AM, Eastern Standard Time on Apr 23, 2024
공고 • Mar 16Webster Financial Corporation, Annual General Meeting, Apr 24, 2024Webster Financial Corporation, Annual General Meeting, Apr 24, 2024, at 15:00 US Eastern Standard Time. Agenda: To consider Election of Directors - To elect eleven directors to serve for one-year terms; to approve, on a non-binding, advisory basis, the compensation of the named executive officers (“ NEOs”) of Webster; to consider Auditor Ratification - To vote, on a non-binding basis, to ratify the appointment of KPMG LLP as the independent registered public accounting firm of Webster for the year ending December 31, 2024; to transact any other business that properly comes before the Annual Meeting, or any adjournments thereof.
Recent Insider Transactions • Mar 14Insider recently sold €622k worth of stockOn the 11th of March, Christopher Motl sold around 14k shares on-market at roughly €44.84 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €643k. Insiders have been net sellers, collectively disposing of €4.2m more than they bought in the last 12 months.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: US$4.91 (vs US$3.72 in FY 2022)Full year 2023 results: EPS: US$4.91 (up from US$3.72 in FY 2022). Revenue: US$2.50b (up 14% from FY 2022). Net income: US$843.3m (up 35% from FY 2022). Profit margin: 34% (up from 28% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.52% (up from 3.49% in FY 2022). Cost-to-income ratio: 42.2% (down from 43.4% in FY 2022). Non-performing loans: 0.41% (no change from 0.41% in FY 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Jan 31COO & Senior Executive VP recently sold €643k worth of stockOn the 30th of January, Luis Massiani sold around 14k shares on-market at roughly €47.64 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.2m. Luis has been a net seller over the last 12 months, reducing personal holdings by €1.2m.
공고 • Jan 31Webster Financial Corporation Announces Executive Changes, Effective as of February 1, 2024On January 24, 2024, Webster Financial Corporation appointed Luis Massiani, currently President and Chief Operating Officer of Webster Bank, N.A., as the Company’s President and Chief Operating Officer, effective as of February 1, 2024, to serve in such capacity until his successor is duly appointed, or his earlier termination, resignation, death or removal from office. Mr. Massiani will continue to serve as Chief Operating Officer and Senior Executive Vice President of the Bank. Also effective February 1, 2024, John Ciulla, currently President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank, will assume the role of President of the Bank. Mr. Cuilla will continue to serve as Chief Executive Officer of both the Company and the Bank. As previously disclosed, in connection with Webster’s merger with Sterling Bancorp, on January 31, 2022, Jack L. Kopnisky was appointed Executive Chairman of the Company’s and the Bank’s Boards of Directors (together, the “Boards ”) and was a named executive officer in the Proxy Statement. Pursuant to the Company’s Bylaws, as amended, effective as of January 31, 2024 (the 24-month anniversary of the effective time of Merger), Mr. Kopnisky will cease to serve as a member of both Boards and will instead serve as a strategic consultant to the Company and the Bank. Following Mr. Kopnisky’s departure, Mr. Ciulla will succeed Mr. Kopnisky as Chairman of both Boards and the size of the Company’s Board of Directors will be decreased by one member to 14 directors.
Declared Dividend • Jan 28Fourth quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 2nd February 2024 Payment date: 16th February 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (23% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Jan 25Webster Financial Corporation Declares Quarterly Cash Dividend, Payable on February 16, 2024Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable February 16, 2024, to shareholders of record as of February 5, 2024.
Reported Earnings • Jan 24Full year 2023 earnings released: EPS: US$4.91 (vs US$3.72 in FY 2022)Full year 2023 results: EPS: US$4.91 (up from US$3.72 in FY 2022). Revenue: US$2.50b (up 14% from FY 2022). Net income: US$851.2m (up 37% from FY 2022). Profit margin: 34% (up from 28% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공고 • Jan 23Webster Financial Corporation Reports Net Charge Offs for the Quarter Ended December 31, 2023Webster Financial Corporation reported net charge offs for the quarter ended December 31, 2023. For the quarter, the company reported net charge-offs were $34.0 million, compared to $29.3 million in the prior quarter, and $20.2 million a year ago. The ratio of net charge-offs to average loans and leases was 0.27%, compared to 0.23% in the prior quarter, and 0.17% a year ago.
공고 • Jan 12Webster Financial Corporation to Report Q4, 2023 Results on Jan 23, 2024Webster Financial Corporation announced that they will report Q4, 2023 results at 7:30 AM, US Eastern Standard Time on Jan 23, 2024
Recent Insider Transactions • Dec 17Executive Chairman of the Board recently sold €1.2m worth of stockOn the 13th of December, Jack Kopnisky sold around 25k shares on-market at roughly €46.34 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jack's only on-market trade for the last 12 months.
공고 • Oct 25Webster Financial Corporation Announces Quarterly Cash Dividend, Payable on November 13, 2023Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable November 13, 2023, to shareholders of record as of November 3, 2023.
Reported Earnings • Oct 20Third quarter 2023 earnings released: EPS: US$1.29 (vs US$1.31 in 3Q 2022)Third quarter 2023 results: EPS: US$1.29 (down from US$1.31 in 3Q 2022). Revenue: US$641.0m (up 2.1% from 3Q 2022). Net income: US$226.5m (flat on 3Q 2022). Profit margin: 35% (in line with 3Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공고 • Oct 11Webster Financial Corporation to Report Q3, 2023 Results on Oct 19, 2023Webster Financial Corporation announced that they will report Q3, 2023 results at 7:30 AM, US Eastern Standard Time on Oct 19, 2023
공고 • Sep 20Webster Financial Corporation Appoints Kristy Berner as Executive Vice President, General Counsel and Corporate SecretaryWebster Financial Corporation announced that Kristy Berner has been appointed Executive Vice President, General Counsel and Corporate Secretary of the company. She will lead all of Webster’s corporate legal services. Berner has more than twenty years’ experience in the financial services industry, most recently serving as Executive Vice President, Deputy General Counsel and Assistant Corporate Secretary at M&T Bank Corporation. Prior to joining M&T, she was the General Counsel and Corporate Secretary at both People’s United Bank and First Niagara Bank, as well as the Deputy General Counsel at KeyBank. Berner began her legal career at Hodgson Russ LLP, where her practice focused on mergers and acquisitions, securities and corporate matters. Berner served as a member of the Quinnipiac University Center for Women in Business Advisory Board and as a prior Chair and Vice-Chair of the American Bankers Association General Counsel Group. She is a long-standing member of the Society for Corporate Governance as well as a variety of other legal and bank trade group associations. Berner earned a bachelor’s degree in political science and psychology, an MBA and her law degree from the State University of New York at Buffalo.
Upcoming Dividend • Jul 25Upcoming dividend of US$0.40 per share at 3.5% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 16 August 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.8%).
공고 • Jul 23Webster Financial Corporation Provides Earnings Guidance for the Full Year 2023Webster Financial Corporation provided earnings guidance for the full year 2023. For the year, the company expected net interest income of $2.350 billion.
공고 • Jul 22Webster Financial Corporation Declares Quarterly Cash Dividend, Payable on August 16, 2023Webster Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable August 16, 2023, to shareholders of record as of August 2, 2023.
Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: US$1.32 (vs US$1.00 in 2Q 2022)Second quarter 2023 results: EPS: US$1.32 (up from US$1.00 in 2Q 2022). Revenue: US$641.7m (up 7.8% from 2Q 2022). Net income: US$230.8m (up 31% from 2Q 2022). Profit margin: 36% (up from 30% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year.