Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States. It operates through three segments: Commercial Banking, Healthcare Financial Services, and Consumer Banking. It offers checking, savings, and money market accounts; individual retirement account retirement savings; certificates of deposit; mortgages; home equity loans and lines of credit; business and commercial lines of credit; overdrafts; and term, commercial, student, SBA, and personal loans. The company also provides commercial real estate financing, equipment and lender finance, asset-based and community lending, and public finance solutions; financial planning, life and long-term insurance, personal retirement, and portfolio management solutions; employee retirement plans; credit cards; payroll services; automated clearing house payables and wires; bill pay, remote deposit capture, merchant, and lockbox services; treasury management and investment services; private banking services; capital markets and finance solutions; employee benefits solutions, including administrators of HSAs, emergency savings accounts, and flexible spending accounts administration services; wealth management services; and online and mobile banking services. Webster Financial Corporation was founded in 1870 and is headquartered in Stamford, Connecticut.
Regional Powerhouse | Webster Financial Corporation emerges as a formidable player in the Northeast banking sector, boasting strong financial performance and strategic market positioning |
Deposit Dominance | Explore how Webster's unique low-cost deposit strategy drives robust returns, setting it apart in the competitive U.S. Mid-Cap Banks landscape |
Growth Catalysts | Delve into Webster's partnership with Marathon and potential benefits from HSA legislation changes, signaling promising avenues for expansion |
Analyst Optimism | Discover why analysts project a bright future for Webster, with price targets ranging from $72 to $77, reflecting confidence in the bank's growth trajectory |
Metrics to compare | WBS | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipWBSPeersSector | |
|---|---|---|---|---|
P/E Ratio | 11.8x | 12.1x | 10.1x | |
PEG Ratio | 0.34 | 1.75 | 0.03 | |
Price/Book | 1.2x | 1.6x | 1.0x | |
Price / LTM Sales | 4.3x | 4.2x | 2.9x | |
Upside (Analyst Target) | 5.4% | 11.5% | 12.7% | |
Fair Value Upside | Unlock | 5.1% | 1.3% | Unlock |