|Bid||48.60 x 900|
|Ask||49.08 x 800|
|Day's range||47.75 - 48.79|
|52-week range||44.55 - 65.00|
|Beta (5Y monthly)||1.28|
|PE ratio (TTM)||18.70|
|Earnings date||20 Jul 2022 - 25 Jul 2022|
|Forward dividend & yield||1.60 (3.36%)|
|Ex-dividend date||11 May 2022|
|1y target est||70.50|
Webster Financial's (WBS) buyouts have aided deposit and revenue growth. However, high debt and low cash balance are worrisome.
Higher revenues and a solid balance sheet position drive the Q1 results of Webster Financial (WBS). However, lower NIM and deteriorating credit quality are downsides.
Webster Financial (WBS) delivered earnings and revenue surprises of 6.90% and 2.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?