Webster Financial Corp (NYSE:WBS)
$ 61.78 -0.27 (-0.44%) Market Cap: 10.59 Bil Enterprise Value: 11.71 Bil PE Ratio: 14.01 PB Ratio: 1.19 GF Score: 65/100

Webster Financial Corp Investor Day Transcript

Mar 02, 2023 / 01:30PM GMT
Release Date Price: $51.98 (-0.31%)
John R. Ciulla
Webster Financial Corporation - President, CEO & Director

Good morning for us here, and we appreciate obviously your interest in the company and we thank you for many of you for the support we've received over the years. The second slide in the presentation has our disclosure on forward-looking statements. which applies both to the presentation and our remarks today. Our hope is at the end of the presentation this morning, we will have provided our existing shareholders and the analysts who cover us with additional confidence in our future and demonstrate to prospective investors that the Webster story is a compelling one. Before we start, you likely saw our filing yesterday regarding the delay of our 10-K report to provide context around the filing. We are currently reviewing employees entitlements to certain IT systems. Our review is substantially complete and there's no evidence of any issues to date. And for clarity, this is not related to a cyber event nor is it related to any BSA/AML issue. It's an internal access management process.

We do not expect there to be any

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