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Form 8-K · Current Report · Filed 2025-01-17

Webster Financial Corporation Reports Q4 2024 Results

On January 17, 2025, Webster Financial Corporation reported net income of $173.6 million for Q4 2024, or $1.01 per diluted share, down from $181.2 million or $1.05 per diluted share in Q4 2023.

Filer
Webster Financial Corporation WBS · NYSE
Filed
Accession
0000801337-25-000002
CIK
0000801337
Signal
Low impactFinancial Services

Details

The company plans to discuss these results in a conference call today. Exhibits include the press release and selected financial highlights.

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$57.94

Next session

+4.0%

Since filing

+33.3%

Latest close

$77.22

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from WBS reporting the same item, with the next session's move:

Exhibits (1)

About Webster Financial Corporation

Webster Financial Corporation operates as a cornerstone in the financial services sector. As a regional bank holding company, it primarily caters to consumer and commercial banking services. With its subsidiary Webster Bank, the corporation delivers a comprehensive range of financial products and services including consumer and commercial banking, mortgage lending, and asset management. Positioned strongly in the Northeastern United States, Webster Financial is pivotal in fostering local economic growth by providing critical banking services to individuals, small businesses, and corporations in the region. Its role extends beyond traditional banking by also offering customized financial solutions designed to meet the unique needs of diverse customer segments. In the financial market, Webster Financial Corporation holds significance due to its robust community ties and its contributions to regional economic stability, making it a vital player among mid-sized U.S. banks.

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