WBS vs. CFG

Last updated Jun 4, 2026

WBS (Webster Financial Corporation) and CFG (Citizens Financial Group, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, WBS returned 9.84%/yr vs 14.47%/yr for CFG. A 0.78 correlation means they provide meaningful diversification when combined.

Performance

WBS vs. CFG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Webster Financial Corporation (WBS) and Citizens Financial Group, Inc. (CFG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WBS achieves a 15.88% return, which is significantly higher than CFG's 6.84% return. Over the past 10 years, WBS has underperformed CFG with an annualized return of 9.84%, while CFG has yielded a comparatively higher 14.47% annualized return.

WBS

• 1D: -0.65%
• 1M: 1.82%
• YTD: 15.88%
• 6M: 17.47%
• 1Y: 42.10%
• 3Y*: 27.17%
• 5Y*: 8.35%
• 10Y*: 9.84%

CFG

• 1D: -1.25%
• 1M: -3.19%
• YTD: 6.84%
• 6M: 12.08%
• 1Y: 55.57%
• 3Y*: 35.98%
• 5Y*: 8.70%
• 10Y*: 14.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WBS vs. CFG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WBS Webster Financial Corporation	15.88%	17.31%	12.48%	11.48%	-12.51%	36.63%	-16.87%	11.54%	-10.38%	5.51%
CFG Citizens Financial Group, Inc.	6.84%	38.60%	38.01%	-11.01%	-13.37%	37.02%	-6.73%	41.84%	-27.44%	19.91%

Correlation

The correlation between WBS and CFG is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Sep 25, 2014	0.78

The correlation between WBS and CFG has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.

Fundamentals

Market Cap WBS : $11.53B CFG : $26.45B
EPS WBS : $6.28 CFG : $4.55
PE Ratio WBS : 11.49 CFG : 13.53
PS Ratio WBS : 2.70 CFG : 2.37
PB Ratio WBS : 1.24 CFG : 1.10
Total Revenue (TTM) WBS : $4.35B CFG : $11.28B
Gross Profit (TTM) WBS : $2.06B CFG : $8.02B
EBITDA (TTM) WBS : $1.07B CFG : $2.75B

Return for Risk

WBS vs. CFG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WBS

WBS Risk / Return Rank: 82
WBS Sharpe Ratio Rank: 84
WBS Sortino Ratio Rank: 81
WBS Omega Ratio Rank: 80
WBS Calmar Ratio Rank: 82
WBS Martin Ratio Rank: 84

CFG

CFG Risk / Return Rank: 85
CFG Sharpe Ratio Rank: 89
CFG Sortino Ratio Rank: 85
CFG Omega Ratio Rank: 85
CFG Calmar Ratio Rank: 82
CFG Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WBS vs. CFG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Webster Financial Corporation (WBS) and Citizens Financial Group, Inc. (CFG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	WBS	CFG	Difference
Sharpe ratio Return per unit of total volatility	1.65	2.14	-0.49
Sortino ratio Return per unit of downside risk	2.42	2.79	-0.37
Omega ratio Gain probability vs. loss probability	1.31	1.36	-0.05
Calmar ratio Return relative to maximum drawdown	3.02	3.05	-0.03
Martin ratio Return relative to average drawdown	8.29	9.42	-1.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WBS vs. CFG - Sharpe Ratio Comparison

The current WBS Sharpe Ratio is 1.65, which is comparable to the CFG Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of WBS and CFG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WBS	CFG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	2.14	-0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.26	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.38	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.34	-0.11

Drawdowns

WBS vs. CFG - Drawdown Comparison

The maximum WBS drawdown since its inception was -93.72%, which is greater than CFG's maximum drawdown of -65.60%. Use the drawdown chart below to compare losses from any high point for WBS and CFG.

Drawdown Indicators

	WBS	CFG	Difference
Max Drawdown Largest peak-to-trough decline	-93.72%	-65.60%	-28.12%
Max Drawdown (1Y) Largest decline over 1 year	-14.02%	-18.32%	+4.30%
Max Drawdown (3Y) Largest decline over 3 years	-33.08%	-29.08%	-4.00%
Max Drawdown (5Y) Largest decline over 5 years	-47.90%	-56.19%	+8.29%
Max Drawdown (10Y) Largest decline over 10 years	-71.99%	-65.60%	-6.39%
Current Drawdown Current decline from peak	-1.75%	-9.02%	+7.27%
Average Drawdown Average peak-to-trough decline	-23.69%	-17.95%	-5.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.09%	5.92%	-0.83%

Volatility

WBS vs. CFG - Volatility Comparison

The current volatility for Webster Financial Corporation (WBS) is 3.93%, while Citizens Financial Group, Inc. (CFG) has a volatility of 7.07%. This indicates that WBS experiences smaller price fluctuations and is considered to be less risky than CFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WBS	CFG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	7.07%	-3.14%
Volatility (6M) Calculated over the trailing 6-month period	15.53%	18.95%	-3.42%
Volatility (1Y) Calculated over the trailing 1-year period	25.64%	26.11%	-0.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.37%	34.02%	+2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.79%	38.19%	+1.60%

Dividends

WBS vs. CFG - Dividend Comparison

WBS's dividend yield for the trailing twelve months is around 2.22%, less than CFG's 2.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFG Citizens Financial Group, Inc.	2.93%	2.94%	3.84%	5.07%	4.11%	3.30%	4.36%	3.35%	3.30%	1.52%	1.29%	1.53%
WBS Webster Financial Corporation	2.22%	2.54%	2.90%	3.15%	3.38%	2.87%	3.80%	2.87%	2.54%	1.83%	1.81%	2.39%

Financials

WBS vs. CFG - Profitability Comparison

The chart below illustrates the profitability comparison between Webster Financial Corporation and Citizens Financial Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

WBS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Webster Financial Corporation reported a gross profit of 0.00 and revenue of 994.28M. Therefore, the gross margin over that period was 0.0%.

CFG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Citizens Financial Group, Inc. reported a gross profit of 2.03B and revenue of 3.03B. Therefore, the gross margin over that period was 67.0%.

WBS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Webster Financial Corporation reported an operating income of 0.00 and revenue of 994.28M, resulting in an operating margin of 0.0%.

CFG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Citizens Financial Group, Inc. reported an operating income of 650.00M and revenue of 3.03B, resulting in an operating margin of 21.5%.

WBS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Webster Financial Corporation reported a net income of 246.23M and revenue of 994.28M, resulting in a net margin of 24.8%.

CFG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Citizens Financial Group, Inc. reported a net income of 517.00M and revenue of 3.03B, resulting in a net margin of 17.1%.

Frequently Asked Questions

Can I hold both WBS and CFG in my portfolio?

WBS and CFG have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WBS or CFG?

CFG has higher volatility (7.07%) compared to WBS (3.93%). In terms of maximum drawdown, WBS dropped -93.72% vs CFG's -65.60%.

Which has better risk-adjusted returns?

CFG currently has the higher Sharpe Ratio (2.14 vs 1.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.