NYSE$WBS

Webster Financial Corporation · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported earnings of $0.64 per diluted share.

Webster Financial Corporation reported Q4 2020 earnings of $0.64 per diluted share. Revenue for the quarter was $293.7 million. Loan growth was $1.6 billion, and deposit growth reached $4.0 billion.

  • Earnings applicable to common shareholders were $57.7 million, or $0.64 per diluted share.
  • Revenue was $293.7 million.
  • Loan growth was $1.6 billion, led by commercial and commercial real estate.
  • Deposit growth was $4.0 billion, including growth in demand deposits and HSA deposits.

Headline financials

Total Revenue

$217M

Previous: $231M-6.2%
EPS (adj)

$0.99

Previous: $0.96+3.1%
Net Interest Margin

2.8%

Previous: 3.3%-13.5%
Efficiency Ratio

60.3%

Previous: 58.5%+3.1%
Capital Expenditures

$7.26M

Previous: $6.95M+4.6%
Free Cash Flow

$212M

Previous: $165M+28.5%
Net Income

$60M

Previous: $90.5M-33.6%
Operating Income

$75.2M

Previous: $116M-35.4%
Gross Profit

$294M

Previous: $302M-2.8%
Cash & Equivalents

$194M

Previous: $185M+4.4%
Total Assets

$32.6B

Previous: $30.4B+7.2%
Stock-Based Comp

$2.82M

Previous: $2.94M-4.0%

Revenue & EPS history

Webster · Revenue · Quarterly

$217M

Q4 2020-6.2%vs Q4 2019
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Webster · $331M total across 3 segments · Q4 2020

  • Consumer Banking
    $137M+9.1%
  • Commercial Banking
    $130M+18.0%
  • Healthcare Financial
    $64.6M+1.5%

Forward guidance

Webster remains focused on strategic priorities and positioning themselves for growth as the macro environment improves in 2021.

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 2020

Historical avgQ4 2020

+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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