Earnings Summary

Webster Financial Corp.’s revenue fell -6.59% since last year same period to $621.59Mn in the Q1 2024. On a quarterly growth basis, Webster Financial Corp. has generated -37.65% fall in its revenue since last 3-months.

Webster Financial Corp.’s net profit fell -4% since last year same period to $212.16Mn in the Q1 2024. On a quarterly growth basis, Webster Financial Corp. has generated 14.44% jump in its net profits since last 3-months.

Webster Financial Corp.’s net profit margin jumped 2.77% since last year same period to 34.13% in the Q1 2024. On a quarterly growth basis, Webster Financial Corp. has generated 83.55% jump in its net profit margins since last 3-months.

Webster Financial Corp.’s price-to-earnings ratio after this Q1 2024 earnings stands at 9.28.

Webster Financial Corp.’s earning per share (EPS) estimates for the current quarter stand at 1.45 - a 2.84% jump from last quarter’s estimates.

Webster Financial Corp.’s earning per share (EPS) estimates for the current year stand at 1.45.

Webster Financial Corp.’s earning per share (EPS) fell -9.4% since last year same period to 1.35 in the Q1 2024. This indicates that the Webster Financial Corp. has generated -9.4% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Webster Financial Corp.’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Webster Financial Corp.’s return on equity (ROE) stands at 0.1.

Webster Financial Corp. declared 0.4 dividend per share during the earnings announcement for Q1 2024.