The latest update is out from Webster Financial ( (WBS) ).
Webster Financial Corporation reported a net income of $220.4 million, or $1.30 per diluted share, for the first quarter of 2025, reflecting an increase from the previous year’s first quarter. The company experienced growth in loans and deposits, with a revenue of $704.8 million and a net interest margin of 3.48 percent. Despite market volatility, Webster increased its allowance for credit losses to prepare for potential economic uncertainties. The company’s commercial banking segment reported $40.8 billion in loans and leases, highlighting its strong position in the financial services industry.
Spark’s Take on WBS Stock
According to Spark, TipRanks’ AI Analyst, WBS is a Outperform.
Webster Financial scores well due to solid financial performance and positive earnings call outlook, offset by some missing cash flow data and bearish technical indicators. The valuation is attractive, though regulatory challenges and credit risks are potential concerns.
To see Spark’s full report on WBS stock, click here.
More about Webster Financial
Webster Financial Corporation, the holding company for Webster Bank, N.A., operates in the financial services industry, offering a range of services including Commercial & Institutional Lending, Commercial Real Estate, Capital Markets, Capital Finance, and Treasury Management. The company serves a diverse clientele, including companies, investors, government entities, and other institutions, with a focus on delivering financial solutions both nationally and regionally.
YTD Price Performance: -14.04%
Average Trading Volume: 1,296,316
Technical Sentiment Signal: Hold
Current Market Cap: $7.91B
For detailed information about WBS stock, go to TipRanks’ Stock Analysis page.