Webster Financial Corp
NYSE:WBS

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Webster Financial Corp
NYSE:WBS
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Price: 61.76 USD 2.1% Market Closed
Market Cap: 10.6B USD
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Webster Financial Corp
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Webster Financial Corp
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Webster Financial Corp
NYSE:WBS
Tax Provision
-$274.5m
CAGR 3-Years
-36%
CAGR 5-Years
-19%
CAGR 10-Years
-12%
PNC Financial Services Group Inc
NYSE:PNC
Tax Provision
-$1.2B
CAGR 3-Years
1%
CAGR 5-Years
-8%
CAGR 10-Years
2%
M&T Bank Corp
NYSE:MTB
Tax Provision
-$664.3m
CAGR 3-Years
-3%
CAGR 5-Years
-2%
CAGR 10-Years
-3%
Truist Financial Corp
NYSE:TFC
Tax Provision
$885m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Tax Provision
-$576m
CAGR 3-Years
7%
CAGR 5-Years
1%
CAGR 10-Years
0%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Tax Provision
-$978m
CAGR 3-Years
-82%
CAGR 5-Years
-50%
CAGR 10-Years
-32%
No Stocks Found

Webster Financial Corp
Glance View

Market Cap
10.6B USD
Industry
Banking

Webster Financial Corporation is a prominent regional banking institution headquartered in Waterbury, Connecticut, with a strong legacy that stretches back over 80 years. Its banking subsidiary, Webster Bank, operates over 150 branches across Connecticut, New York, and Massachusetts, offering a diverse range of financial services including personal banking, commercial banking, and wealth management. This breadth of services is underpinned by a commitment to customer-centric solutions and innovative financial products, allowing Webster to cater effectively to both individual and business clients. The bank's resilient performance during economic fluctuations reflects its prudent management and strategic focus on sustainable growth, making it an appealing choice for investors seeking stability and potential capital appreciation. In recent years, Webster has pursued a dynamic growth strategy through both organic expansion and strategic acquisitions, including the notable acquisition of Sterling Bancorp in 2021. This move not only increased its market share but also diversified its customer base and enhanced its operational capabilities. Webster's robust financial metrics, characterized by strong loan growth, manageable levels of non-performing assets, and a solid capital position, provide a reassuring backdrop for potential investors. With a disciplined approach to risk management and a focus on community-oriented banking, Webster Financial stands out as a solid player in the regional banking sector, providing investors with opportunities for growth while maintaining a steadfast commitment to delivering shareholder value.

WBS Intrinsic Value
76.45 USD
Undervaluation 19%
Intrinsic Value
Price

See Also

What is Webster Financial Corp's Tax Provision?
Tax Provision
-274.5m USD

Based on the financial report for Sep 30, 2024, Webster Financial Corp's Tax Provision amounts to -274.5m USD.

What is Webster Financial Corp's Tax Provision growth rate?
Tax Provision CAGR 10Y
-12%

Over the last year, the Tax Provision growth was 13%. The average annual Tax Provision growth rates for Webster Financial Corp have been -36% over the past three years , -19% over the past five years , and -12% over the past ten years .

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