NYSE$WBS

Webster Financial Corporation · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported earnings of $1.20 per diluted share for the fourth quarter of 2021.

Webster Financial Corporation reported strong fourth-quarter results, with earnings applicable to common shareholders of $108.4 million, or $1.20 per diluted share. Revenue increased by 7.9 percent compared to the prior year, and loan growth was robust at 4.1 percent linked quarter, excluding PPP loans.

  • Earnings applicable to common shareholders were $108.4 million, or $1.20 per diluted share.
  • Revenue increased by 7.9 percent compared to the prior year, reaching $316.9 million.
  • Loan growth of 4.1 percent linked quarter, excluding PPP loans.
  • The company looks forward to closing merger with Sterling after securing all regulatory approvals.

Headline financials

Total Revenue

$227M

Previous: $217M+4.5%
EPS (adj)

$1.31

Previous: $0.99+32.3%
Net Interest Margin

2.7%

Previous: 2.8%-3.5%
Efficiency Ratio

54.9%

Previous: 60.3%-9.0%
Capital Expenditures

$5.36M

Previous: $7.26M-26.2%
Free Cash Flow

$219M

Previous: $212M+3.4%
Net Income

$111M

Previous: $60M+84.9%
Operating Income

$142M

Previous: $75.2M+89.0%
Gross Profit

$317M

Previous: $294M+7.8%
Cash & Equivalents

$137M

Previous: $194M-29.0%
Total Assets

$34.9B

Previous: $32.6B+7.1%
Stock-Based Comp

$3.59M

Previous: $2.82M+27.0%

Revenue & EPS history

Webster · Revenue · Quarterly

$227M

Q4 2021+4.5%vs Q4 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Webster · $250M total across 2 segments · Q4 2021

  • Commercial Banking
    $183M+41.3%
  • Healthcare Financial
    $66.7M+3.3%

Forward guidance

The company looks forward to closing its merger with Sterling.

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 2021

Historical avgQ4 2021

+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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro