Webster Financial Corp
NYSE:WBS

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Webster Financial Corp
NYSE:WBS
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Price: 54.84 USD 2.22% Market Closed
Market Cap: 9.4B 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

Economic Moat
None
Market Cap
9.4B USD
Industry
Banking

Webster Financial Corp., rooted in the heart of Connecticut, began its journey as a small neighborhood bank founded in 1935, aiming to serve the modest needs of its local community amidst the Great Depression's financial turmoil. Over the decades, it has evolved into a formidable regional bank, a testament to its adaptability and keen strategic foresight. Primarily focusing on personalized customer service, Webster developed its reputation by bolstering small businesses and offering innovative banking solutions tailored to individual financial needs. The company's ecosystem extends beyond traditional offerings, embracing commercial banking and wealth management services, thus allowing it to tap into a diverse revenue stream by serving both personal and corporate clients. The company’s growth trajectory is not just a narrative of expansion in numbers, but a saga of sharpening its competitive edge through astute acquisitions and organic development. Today, Webster Financial makes money by deftly balancing interest income from loans and service fees with lucrative non-interest income streams, including trust and investment services. They have managed to stay ahead in the fintech race by incorporating advanced digital platforms, amplifying customer experience with cutting-edge technology, which simplifies access to banking services while maintaining security. The company's resilient business model and careful risk management strategies have enabled it to maintain a healthy balance sheet, ensuring sustainable profitability amidst the ever-evolving financial landscape.

WBS Intrinsic Value
71.96 USD
Undervaluation 24%
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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