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1 Comment
Webster Financial Corporation is currently in a long term uptrend where the price is trading 1.6% above its 200 day moving average.
From a valuation standpoint, the stock is 52.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.3.
Webster Financial Corporation's total revenue sank by 60.2% to $120M since the same quarter in the previous year.
Its net income has dropped by 33.6% to $60M since the same quarter in the previous year.
Finally, its free cash flow fell by 199.1% to $-170M since the same quarter in the previous year.
Based on the above factors, Webster Financial Corporation gets an overall score of 2/5.
Sector | Financial Services |
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Industry | Banks - Regional |
Exchange | NYSE |
CurrencyCode | USD |
ISIN | US9478901096 |
Market Cap | 8B |
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PE Ratio | 10.7 |
Target Price | 61.9333 |
Dividend Yield | 3.3% |
Beta | 1.04 |
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.
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