Webster Financial Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 12.99
Dividend & Yield1.60$ (3.07%)
Beta 1.28
Market capitalization 9.06B
Operating cash flow N/A
ESG Scores unknown

Company description

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Retail Banking. The Commercial Banking segment provides lending, deposit, and cash management services; commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and asset-based lending, as well as treasury and payment services; wealth management solutions to business owners, operators, and consumers; and trust, asset management, financial planning, insurance, retirement, and investment products. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, consultants, and financial advisors. The Retail Banking segment provides deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers. The company also offers online and mobile banking services. The company was founded in 1935 and is headquartered in Stamford, Connecticut.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
no companies found

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities
Total Cashflows From Investing Activities -2.55B -2.29B -2.41B
Net Borrowings 880.23M -1.86B -442.63M
Total Cash From Financing Activities 2.17B 1.91B 1.91B
Change To Operating Activities -23.26M -8.12M 38.06M
Issuance Of Stock 619k 240k 3.49M
Net Income 382.72M 220.62M 408.86M 644.28M
Change In Cash -71.6M 5.21M 198.47M
Effect Of Exchange Rate
Total Cash From Operating Activities 303.85M 380.55M 688.59M
Depreciation 44.83M 43.18M 41.51M
Change To Account Receivables
Other Cashflows From Financing Activities 1.46B 4.01B 2.51B
Change To Netincome 59.09M 232.09M 95.92M
Capital Expenditures -25.72M -21.28M -16.59M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 486.69M 279.97M 533.86M 797.98M
Net Income 382.72M 220.62M 408.86M 644.28M
Selling General Administrative 595.53M 628.43M 640.21M 1.16B
Gross Profit 1.2B 1.04B 1.28B 2.19B
Ebit
Operating Income 508.49M 332.26M 561.41M 856.49M
Interest Expense
Income Tax Expense 103.97M 59.35M 125M 153.69M
Total Revenue 1.2B 1.04B 1.28B 2.19B
Cost Of Revenue
Total Other Income ExpenseNet -21.8M -52.29M -27.55M -58.51M
Net Income From Continuing Ops 382.72M 220.62M 408.86M 644.28M
Net Income Applicable To Common Shares 372.99M 211.47M 398.69M 628.36M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 27.18B 29.36B 31.48B 63.22B
Total Stockholder Equity 3.06B 3.09B 3.29B 7.77B
Other Current Liabilities
Total Assets 30.39B 32.59B 34.92B 71.28B
Common Stock 937k 937k 937k 7.77B
Other Current Assets 423.8M 587.63M 480.71M 1.62B
Retained Earnings 2.06B 2.08B 2.33B
Treasury Stock -112.81M -98.4M -149.53M
Cash 164.09M 263.1M 461.57M 271.38M
Total Current Liabilities 25.98B 28.31B 30.57B 55.54B
Other Stockholder Equity -36.07M 42.26M -22.58M
Property, Plant, and Equipment 270.41M 226.74M 204.56M 430.18M
Total Current Assets 727.53M 853.04M 945.1M 2.46B
Net Tangible Assets 2.5B 2.53B 2.74B 5.06B
Net Receivables
Accounts Payable 23.32B 27.34B 29.85B 54.05B


Insider Transactions

Here are the insider transactions of stock shares related to Webster Financial Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
PETTIE MARKStock Gift at price 0.00 per share.D2023-03-01Director320
MOTL CHRISTOPHER JConversion of Exercise of derivative security at price 23.00 per share.D2023-02-17Officer2.35k
MACINNES GLENN ID2023-02-01Chief Financial Officer2.77k
MASSIANI LUIS RStock Award(Grant) at price 0.00 per share.D2023-02-01Chief Operating Officer8.32k
CIULLA JOHN RStock Award(Grant) at price 0.00 per share.D2023-02-01Chief Executive Officer27.72k
MOTL CHRISTOPHER JStock Award(Grant) at price 0.00 per share.D2023-02-01Officer5.54k
PETTIE MARKStock Gift at price 0.00 per share.D2023-01-12Director466
LANDY JAMES JStock Gift at price 0.00 per share.I2022-12-02Director1.95k
MASSIANI LUIS RSale at price 46.01 - 47.72 per share.D2022-09-08Chief Operating Officer20k
MASSIANI LUIS RSale at price 46.43 per share.D2022-08-05Chief Operating Officer8k
EVANS JAVIER LSale at price 47.02 - 47.91 per share.D2022-05-18Officer2.98k
MITCHELL MAUREEN BPurchase at price 48.51 per share.D2022-05-06Director520
OSAR KAREN RStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
CAHILL JOHN PStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
LANDY JAMES JStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
ATWELL WILLIAM LStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
MORSE LAURENCE CStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
PETTIE MARKStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
O TOOLE RICHARD LStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
WHISTON WILLIAM EStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
STATES LAUREN CStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
MITCHELL MAUREEN BStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
HAYLES CAROLE MARGARETStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
ABOELNAGA MONA KANAANStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
IANIERI LINDA HStock Award(Grant) at price 0.00 per share.D2022-04-28Director2.17k
GEISEL THOMAS XSale at price 57.43 per share.D2022-03-15Officer7.5k
MOTL CHRISTOPHER JSale at price 57.57 per share.D2022-03-15Officer2.5k
ATWELL WILLIAM LPurchase at price 53.43 per share.D2022-03-07Director2.5k
KOPNISKY JACK LStock Award(Grant) at price 0.00 per share.D2022-03-01Officer and Director21.98k
BLOSE JAMES PStock Award(Grant) at price 0.00 per share.D2022-03-01General Counsel3.91k
MACINNES GLENN IStock Award(Grant) at price 0.00 per share.D2022-03-01Chief Financial Officer10.5k
BLEY DANIELStock Award(Grant) at price 0.00 per share.D2022-03-01Officer6.44k
MASSIANI LUIS RStock Award(Grant) at price 0.00 per share.D2022-03-01Chief Operating Officer9.99k
CIULLA JOHN RStock Award(Grant) at price 0.00 per share.D2022-03-01Chief Executive Officer34.11k
WILKINS CHARLES LStock Award(Grant) at price 0.00 per share.D2022-03-01Officer15.23k
WANG ALBERT JEN-WENStock Award(Grant) at price 0.00 per share.D2022-03-01Officer2.8k
MOTL CHRISTOPHER JStock Award(Grant) at price 0.00 per share.D2022-03-01Officer11.06k
EVANS JAVIER LStock Award(Grant) at price 0.00 per share.D2022-03-01Officer3.91k
ORDONEZ BEATRICEStock Award(Grant) at price 0.00 per share.D2022-03-01Officer4.35k
BLEY DANIELSale at price 60.18 per share.D2022-02-28Officer4k
WOLFE HARRIET MUNRETTStock Award(Grant) at price 0.00 per share.D2022-02-01General Counsel6.86k
MACINNES GLENN IStock Award(Grant) at price 0.00 per share.D2022-02-01Chief Financial Officer41.01k
MACINNES GLENN IStock Award(Grant) at price 0.00 per share.D2022-02-01Chief Financial Officer24.38k
BLEY DANIELStock Award(Grant) at price 0.00 per share.D2022-02-01Officer8.23k
MASSIANI LUIS RStock Award(Grant) at price 0.00 per share.D2022-02-01Chief Operating Officer138.5k
MASSIANI LUIS RStock Award(Grant) at price 0.00 per share.D2022-02-01Chief Operating Officer155.14k
CIULLA JOHN RStock Award(Grant) at price 0.00 per share.D2022-02-01Chief Executive Officer89.51k
CIULLA JOHN RStock Award(Grant) at price 0.00 per share.D2022-02-01Chief Executive Officer13.86k
WILKINS CHARLES LStock Award(Grant) at price 0.00 per share.D2022-02-01Officer11.15k
GARRIGUES BERNARD M.Stock Award(Grant) at price 0.00 per share.D2022-02-01Officer6.86k
WANG ALBERT JEN-WENStock Award(Grant) at price 0.00 per share.D2022-02-01Officer3.13k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Webster Financial Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Webster Financial Corp

Here is the result of two systematic investment strategies applied to Webster Financial Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Webster Financial Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Webster Financial Corp:

Webster Financial Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 12.64% on the backtest period.

Performance at glance

Performance

12.64 %

Latent gain

284.07 $

Invested capital

2246.78 $

Annualized return

3.05 %
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Momentum strategy results on Webster Financial Corp

This is the result of two momentum investment strategies applied to Webster Financial Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Webster Financial Corp

The following chart shows all the entries opened by the momentum investment system on Webster Financial Corp:

Webster Financial Corp momentum entries
  • The first momentum investment strategy would give 20.27% of return on Webster Financial Corp. That represents 1062.02$ of latent gain with 5239.28$ of employed capital.
  • The second momentum investment strategy would give 22.68% of return on Webster Financial Corp. That represents 763.99$ of latent gain with 3368.01$ of employed capital.
Performance at glance (1Q Momentum)

Performance

20.27 %

Latent gain

1062.02 $

Invested capital

5239.28 $

Annualized return

5.57 %
Performance at glance (2Q Momentum)

Performance

22.68 %

Latent gain

763.99 $

Invested capital

3368.01 $

Annualized return

6.2 %

Momentum equity curve on Webster Financial Corp

The following chart shows the equity curve of the two momentum strategies applied to Webster Financial Corp:

Webster Financial Corp momentum equity

Note: the dividends potentially given by Webster Financial Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Webster Financial Corp

The following chart shows the employed capital evolution of the two momentum strategies on Webster Financial Corp since the beginning:

Webster Financial Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Webster Financial Corp

Buy the dip entry openings on Webster Financial Corp

Webster Financial Corp

The performance achieved by the robo-advisor on Webster Financial Corp is 11.92%. That represents 60.51$ of latent gain with 507.64$ of employed capital. The following chart shows Webster Financial Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Webster Financial Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

11.92 %

Latent gain

60.51 $

Invested capital

507.64 $

Annualized return

5.57 %

Equity curve of the strategy applied to Webster Financial Corp

The following chart shows the result of the investment strategy applied to Webster Financial Corp:

Webster Financial Corp

Note: the dividends potentially given by Webster Financial Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Webster Financial Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Webster Financial Corp:

Webster Financial Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Webster Financial Corp

In this section, I will compare the three previous investment strategies applied to Webster Financial Corp.

Equity curve comparison on Webster Financial Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Webster Financial Corp investment strategy comparison

Employed capital comparison on Webster Financial Corp

Webster Financial Corp investment comparison

Performance comparison on Webster Financial Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 12.64% 284.07$ 2246.78$ 3.05%
Momentum 1 quarter 20.27% 1062.02$ 5239.28$ 5.2%
Momentum 2 quarters 22.68% 763.99$ 3368.01$ 6.2%
Non-directional 11.92% 60.51$ 507.64$ 5.57%
Annualized return comparison

Automatic investment

3.05 %

Momentum 1Q

6.2 %

Momentum 2Q

6.2 %

Non-directional

5.57 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Webster Financial Corp:

Positive correlations

Most correlated stocks this year

  • First Commonwealth Financial Corp
  • Webster Financial Corp
  • East West Bancorp Inc

  • Most correlated stocks last 3 months

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  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • CR CONSTRUCTION
  • AdvisorShares Dorsey Wright Short ETF -1x Shares

  • Note: The algorithm computes the probability of correlation between Webster Financial Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Webster Financial Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Webster Financial Corp
    Country United States
    City Stamford
    Address 200 Elm Street
    Phone 203 578 2202
    Website public.websteronline.com
    FullTime employees
    Industry Banks—Regional
    Sector Financial Services
    Exchange XNYS
    Ticker WBS
    Market www.nyse.com

    Webster Financial Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown