WSRFP Webster Financial Corp featured news, full reports, and detailed charts
Webster Financial Corp (WSRFP/WSRFP.PK) Wrap Up:
Webster Financial Corporation operates as the holding company for the Webster Bank that provides business and consumer banking, mortgage lending, financial planning, and trust and investment services to individuals, families, and businesses. It primarily engages in generating deposits and originating loans. The companys deposit products include checking accounts, demand deposits, money market accounts, negotiable order of withdrawal accounts, savings accounts, brokered deposits, and certificate of deposit accounts. Its loan portfolio comprises residential mortgage loans; consumer loans, including home equity loans; commercial loans comprising commercial non-mortgage, asset-based loans, and equipment financing; and commercial real estate loans, including commercial real estate, commercial construction, and residential development loans. The company also offers cash management, wealth management, trust, financial planning, brokerage and investment advice, and insurance premium financing services. As of December 31, 2008, it operated through 181 banking offices and 489 automated teller machines in Connecticut, Massachusetts, Rhode Island, and New York. The company was founded in 1935 and is based in Waterbury, Connecticut.Webster Financial Corp (WSRFP:OTC)
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Market Cap
872.5M
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Total Revenue
392.7M
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EBITDA
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DILUTED EPS TTM
-6.99
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P/E
--
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P/S
2.1x
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Return On Asset
-2.06
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Return On Equity
-19.62
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| K = Thousands M = Millions B = Billions | ||
WSRFP Top Compensated Officers
Executives, Board Directors
Key developments for Webster Financial Corp (WSRFP)
Webster Financial Corp., Special/Extraordinary Shareholders Meeting, Dec 10, 2009, at 16:00 US Eastern Time. Location: Courtyard by Marriott, 63 Grand Street, Waterbury, Connecticut,United States. Agenda: To approve certain matters in connection with the transactions consummated pursuant to the investment agreement, dated July 27, 2009, with Warburg Pincus Private Equity X, L.P .
Webster Financial Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported total interest income of $184,957,000, net interest income of $126,672,000, net interest income after provision for credit losses of $41,672,000, loss from continuing operations before income taxes of $41,256,000, loss from continuing operations of $19,242,000, or $0.39 per diluted share, consolidated net loss of $19,242,000, net loss attributable to the company of $19,250,000, net loss available to common shareholders of $26,100,000, or $0.39 per diluted share compared to total interest income of $214,627,000, net interest income of $129,181,000, net interest income after provision for credit losses of $83,681,000, loss from continuing operations before income taxes of $17,885,000, loss from continuing operations of $16,007,000, or $0.41 per diluted share, consolidated net loss of $16,525,000, net loss attributable to the company of $16,539,000, net loss available to common shareholders of $21,748,000, or $0.42 per diluted share for the same period last year. The company reported negative return on average shareholder's equity of 4.14%, negative return on average assets of 0.44%, book value per common share of $21.11 compared to negative return on average shareholder's equity of 3.54%, negative return on average assets of 0.38%, book value per common share of $30.19 for the same period last year. For the nine months, the company reported total interest income of $563,880,000, net interest income of $364,157,000, net interest income after provision for credit losses of $128,157,000, loss from continuing operations before income taxes of $113,371,000, loss from continuing operations of $62,228,000, or $0.55 per diluted share, consolidated net loss of $61,915,000, net loss attributable to the company of $61,936,000, net loss available to common shareholders of $30,854,000, or $0.54 per diluted share compared to total interest income of $660,624,000, net interest income of $379,723,000, net interest income after provision for credit losses of $293,423,000, loss from continuing operations before income taxes of $19,456,000, loss from continuing operations of $20,677,000, or $0.45 per diluted share, consolidated net loss of $20,677,000, net loss attributable to the company of $20,683,000, net loss available to common shareholders of $26,323,000, or $0.51 per diluted share for the same period last year. The company reported negative return on average shareholder's equity of 4.45%, negative return on average assets of 0.47% compared to negative return on average shareholder's equity of 1.54%, negative return on average assets of 0.16% for the same period last year.
Webster Financial Corp. - Conference Presentation Calls
WSRFP Competitors
| Company | Last | Change |
| Astoria Financial Corp | $10.41 USD | +0.12 |
| Student Loan Corp | $50.43 USD | +0.40 |
| Susquehanna Bancshares Inc | $5.93 USD | +0.06 |
| Whitney Holding Corp | $8.10 USD | -0.08 |
| Wilmington Trust Corp | $12.47 USD | -0.15 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | WSRFP | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.1x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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WSRFP |
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WSRFP transactions
| Type Date |
Target |
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Private Placement
July 27, 2009 |
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