Webster Financial (WBS) Declares $0.40 Quarterly Dividend; 6.8% Yield

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Go back to Webster Financial (WBS) Declares $0.40 Quarterly Dividend; 6.8% Yield

Webster Financial (WBS) Misses Q1 EPS by 16c

April 21, 2020 7:34 AM EDT

Webster Financial (NYSE: WBS) reported Q1 EPS of $0.39, $0.16 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $304.2 million versus the consensus estimate of $231.73 million.

"During these uncertain, challenging and unprecedented times, Webster bankers have once again stepped up to take care of our customers, our communities and, importantly, each... More

Webster Financial (WBS) Reports Acquisition of Health Savings Accounts from State Farm Bank

April 20, 2020 4:15 PM EDT

Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that HSA Bank has signed a definitive agreement to acquire the existing health savings accounts (HSA) of State Farm Bank, F.S.B., a subsidiary of State Farm Mutual Automobile Insurance Company, America's largest property and casualty insurance provider. This acquisition offers State Farm Bank's... More