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Webster Financial Corporation (WBS) Q3 2024 Earnings Call Transcript

October 17, 2024
in Market & News
Reading Time: 2 mins read
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Webster Financial Corporation (WBS) Q3 2024 Earnings Call Transcript
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Webster Financial Corporation (NYSE:WBS) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET

Company Participants

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Emlen Harmon – Director, IR
John Ciulla – CEO
Neal Holland – CFO
Luis Massiani – President and Chief Operating Officer

Conference Call Participants

Chris McGratty – KBW
Jared Shaw – Barclays.
Mark Fitzgibbon – Piper Sandler
Matthew Breese – Stephens
Daniel Tamayo – Raymond James
Bernard Von Gizycki – Deutsche Bank
Laurie Hunsicker – Seaport Research Partners
Samuel Varga – UBS

Operator

Good morning. Welcome to the Webster Financial Third Quarter 2024 Earnings Call. Please note, this event is being recorded.

I would now like to introduce Webster’s Director of Investor Relations, Emlen Harmon to introduce the call. Mr. Harmon, please go ahead.

Emlen Harmon

Good morning. Before we begin our remarks, I want to remind you that the comments made by management may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to the Safe Harbor rules. Please review the forward-looking disclaimer and Safe Harbor language in today’s press release and presentation for more information about risks and uncertainties, which may affect us. The presentation accompanying management’s remarks can be found on the company’s Investor Relations site at investors.websterbank.com. For the Q&A portion of the call, we ask that each participant ask just one question and one follow-up before returning to the queue.

I will now turn the call over to Webster Financial CEO, and Chairman, John Ciulla.

John Ciulla

Thanks, Emlen. Good morning, and welcome to Webster Financial Corporation’s third quarter 2024 earnings call. We appreciate you joining us this morning.

I am very pleased to welcome Neal Holland as he is joining his first earnings call as Webster’s CFO. As we anticipated, Neal has hit the ground running since he officially swept

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