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Webster Financial Corporation (WBS) |
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Webster Financial's Operating Profit Margin by quarter
Trends, Rankings, Statistics
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Select the Comparisons :
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Select the Ratio:
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Operating Profit Margin ▼
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Operating Profit Margin ▼
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| WBS Operating Profit Margin |
(Jun 30 2024)
Q2 |
(Mar 31 2024)
Q1 |
(Dec 31 2023)
Q4 |
(Sep 30 2023)
Q3 |
(Jun 30 2023)
Q2 |
| Y / Y Revenue Change |
-13.42 % |
0.37 % |
-9.48 % |
2.06 % |
7.79 % |
| Seq. Revenue Change |
-10.62 % |
3.8 % |
-6.58 % |
-0.11 % |
3.62 % |
| Revenue In Millions |
$555.60 |
$621.59 |
$598.84 |
$641.02 |
$641.71 |
| Operating Profit Margin |
41.32 % |
45.96 % |
37.01 % |
43.44 % |
46.38 % |
| Operating Profit Margin Total
Ranking |
# 290 |
# 244 |
# 498 |
# 327 |
# 282 |
| Operating Income In Millions |
$229.57 |
$285.67 |
$221.62 |
$278.44 |
$297.62 |
| Y / Y Operating Income Change |
-22.86 % |
-0.41 % |
-29.23 % |
-6.58 % |
25.51 % |
| Seq. Operating Income Change |
-19.64 % |
28.9 % |
-20.41 % |
-6.44 % |
3.76 % |
| Commenting Second Quarter 2024 Operating Profit Margin |
Webster Financial Corporation experienced contraction in Operating Income by -19.64 % to $556 millions and Revenue by -10.62 %, while Operating Profit Margin fell to 41.32 %
, below company*s average Operating Profit Margin.
Observing second quarter 2024 results within Commercial Banks industry 11 other companies have achieved higher Operating Profit Margin. While Operating Profit Margin overall ranking has deteriorated compare to previous quarter from 244 to 290.
Explain Operating Margin
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| WBS's Operating Profit Margin second quarter 2024 Company Ranking |
| Within: |
No. |
| Commercial Banks Industry |
# 12 |
| Financial Sector |
# 190 |
| Overall |
# 289 |
| Operating Profit Margin Statistics |
| High |
Average |
Low |
| 136.76 % |
41.88 % |
21.62 % |
| (Dec 31 2013) |
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(Mar 31 2020) |
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