From Financial Modeling Prep: 2025-04-25 12:06:00

Webster Financial Corporation, listed on the NYSE as WBS, is a leading financial services company with a diverse offering. Analyst Jon Arfstrom of RBC Capital has set a price target of $60 for WBS, suggesting a 26% potential upside from the current price of $47.63. However, the company’s EPS of $1.30 missed estimates by $0.08, despite showing year-over-year growth.

In the first quarter of 2025, Webster Financial saw a 7.8% increase in Net Interest Income (NII) to $612.2 million, contributing to total revenue growth. The company’s net income applicable to common shareholders rose by 4.9% to $220.4 million. Despite the revenue growth, total revenues of $704.8 million fell short of estimates, with a 5.7% year-over-year increase.



Read more at Financial Modeling Prep:: Webster Financial Corporation (WBS) Faces Challeng…