NYSE$WBS

Webster Financial Corporation · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Webster's financial performance was reported for Q4 2019, with earnings per diluted share at $0.96.

Webster Financial Corporation reported earnings applicable to common shareholders of $88.1 million, or $0.96 per diluted share, for the quarter ended December 31, 2019. Revenue for the quarter was $302.2 million. Commercial loan growth exceeded 10 percent for the second year in a row and total footings at HSA Bank increased 18 percent from a year ago.

  • Earnings applicable to common shareholders were $88.1 million, or $0.96 per diluted share.
  • Revenue reached $302.2 million.
  • Commercial loan growth exceeded 10 percent for the second year.
  • Total footings at HSA Bank increased 18 percent from a year ago.

Headline financials

Total Revenue

$231M

Previous: $237M-2.5%
EPS (adj)

$0.96

Previous: $1.01-5.0%
Net Interest Margin

3.3%

No prior period
Efficiency Ratio

58.5%

No prior period
ROE

11.6%

No prior period
ROATCE

14.3%

No prior period
Capital Expenditures

$6.95M

Previous: $7.48M-7.1%
Free Cash Flow

$165M

Previous: -$34.5M+578.5%
Net Income

$90.5M

Previous: $98.8M-8.5%
Operating Income

$116M

Previous: $178M-34.4%
Gross Profit

$302M

Previous: $309M-2.3%
Cash & Equivalents

$185M

Previous: $329M-43.8%
Total Assets

$30.4B

Previous: $27.6B+10.1%
Stock-Based Comp

$2.94M

Previous: $3.01M-2.4%

Revenue & EPS history

Webster · Revenue · Quarterly

$231M

Q4 2019-2.5%vs Q4 2018
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Webster · $299M total across 3 segments · Q4 2019

  • Consumer Banking
    $125M
  • Commercial Banking
    $110M
  • Healthcare Financial
    $63.6M

Forward guidance

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Act”).

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.5%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.8%

Avg return

30 days after

51%

35 / 69 earnings

Positive

+14.5%

Q3 2020

Best reaction

-11.9%

Q1 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.6%+0.5%+1.1%
Q4 2025-3.2%-2.6%+10.4%
Q3 2025+0.4%+3.3%+4.3%
Q2 2025-1.6%-0.1%+5.3%
Q1 2025+1.6%+1.1%+8.7%
Q4 2024+4.0%+2.4%+2.0%
Q3 2024+8.8%+6.8%+23.5%
Q2 2024-5.0%+0.8%-7.6%
Q1 2024-3.5%-4.5%-7.1%
Q4 2023+0.5%+0.1%-7.9%
Q3 2023-2.9%-5.6%+9.8%
Q2 2023+1.3%+3.4%-5.6%
Q1 2023-2.6%-9.0%-9.5%
Q4 2022+7.5%+11.3%+12.7%
Q3 2022+4.8%+8.9%+8.4%
Q2 2022-2.8%-2.5%+5.9%
Q1 2022+2.7%+3.9%+0.2%
Q4 2021-1.5%-1.6%-2.8%
Q3 2021-0.8%-1.4%-2.7%
Q2 2021-0.9%-1.4%+0.8%
Q1 2021-11.9%-7.1%-0.3%
Q4 2020-2.2%-2.8%+0.1%
Q3 2020+14.5%+5.4%+29.1%
Q2 2020+1.7%-1.0%+2.9%
Q1 2020-1.9%+1.1%+6.6%
Q4 2019-5.2%-8.1%-10.5%
Q3 2019-6.1%-4.8%+0.5%
Q2 2019+4.7%+5.6%-2.9%
Q1 2019-2.8%+0.3%-7.5%
Q4 2018+5.5%+4.1%+4.6%
Q3 2018+4.3%+1.1%+1.9%
Q2 2018+1.5%+2.8%+2.3%
Q1 2018+8.7%+10.1%+18.1%
Q4 2017+0.1%-1.6%-5.2%
Q3 2017+4.7%+4.5%+0.8%
Q2 2017-3.6%-3.4%-12.8%
Q1 2017+3.4%+6.8%-1.5%
Q4 2016+0.2%+1.5%+7.0%
Q3 2016+4.3%+4.8%+23.2%
Q2 2016-1.7%-1.1%+4.1%
Q1 2016-1.4%
Q4 2015-2.6%
Q3 2015-1.5%
Q2 2015-3.3%
Q1 2015-3.6%
Q4 2014+5.7%
Q3 2014+2.7%
Q2 2014-3.7%
Q1 2014+2.7%
Q4 2013+4.6%
Q3 2013+5.3%
Q2 2013+3.6%
Q1 2013-4.0%
Q4 2009+1.3%
Q4 2012+3.7%
Q3 2012-6.0%
Q2 2012+6.3%
Q1 2012+0.4%
Q4 2011-3.8%
Q4 2010-3.8%
Q4 2008-3.8%
Q1 2010-3.8%
Q3 2011+5.5%
Q2 2011-0.9%
Q1 2011+1.2%
Q3 2010+5.3%
Q3 2009+5.3%
Q2 2009-0.5%
Q2 2010-0.5%

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