Webster Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	3,123	3,196	3,072	1,947	762.96
Interest Income on Investments	898.74	730.91	556.15	338.1	179.89
Total Interest Income	4,022	3,927	3,628	2,285	942.84
Interest Paid on Deposits	1,366	1,427	1,021	138.55	20.13
Interest Paid on Borrowings	157.91	161.7	269.57	111.9	21.62
Total Interest Expense	1,524	1,589	1,291	250.45	41.76
Net Interest Income	2,498	2,338	2,337	2,034	901.09
Net Interest Income Growth (YoY)	6.82%	0.05%	14.89%	125.76%	1.09%
Trust Income	30.98	33.23	29	40.28	39.59
Mortgage Banking Activities	-	-	-	-	6.22
Gain (Loss) on Sale of Assets	-	11.66	-	-	-
Gain (Loss) on Sale of Investments	0.22	-136.22	-33.62	-6.75	-
Other Non-Interest Income	212.43	180.59	148.94	208.79	114.86
Total Non-Interest Income	401.52	250.4	313.64	440.78	323.37
Non-Interest Income Growth (YoY)	60.35%	-20.16%	-28.84%	36.31%	13.35%
Revenues Before Loan Losses	2,899	2,589	2,651	2,475	1,224
Provision for Loan Losses	210	222	143.95	280.62	-54.5
Revenue	2,689	2,367	2,507	2,194	1,279
Revenue Growth (YoY)	13.63%	-5.59%	14.24%	71.58%	23.11%
Salaries and Employee Benefits	821.75	707.65	657.67	590.52	392.34
Occupancy Expenses	-	31.96	39.25	10.94	23.51
Federal Deposit Insurance	51.01	58.59	50.92	26.57	15.79
Amortization of Goodwill & Intangibles	36.3	36.08	36.21	31.94	4.51
Selling, General & Administrative	364.21	367.37	416.41	319.55	193.6
Other Non-Interest Expense	156	137.41	168.75	147.39	76.69
Total Non-Interest Expense	1,429	1,339	1,369	1,127	706.45
EBT Excluding Unusual Items	1,260	1,028	1,138	1,068	572.52
Asset Writedown	-	-1.9	-	-23.1	-1.2
Other Unusual Items	-	-8.82	-46.46	-	-
Pretax Income	1,260	1,017	1,085	797.98	533.86
Income Tax Expense	257.35	248.3	216.66	153.69	125
Net Income	1,003	768.71	867.84	644.28	408.86
Preferred Dividends & Other Adjustments	27.94	24.63	24.57	21.59	10.18
Net Income to Common	974.86	744.08	843.27	622.69	398.69
Net Income Growth	30.45%	-11.42%	34.70%	57.58%	85.32%
Basic Shares Outstanding	165	170	172	167	90
Diluted Shares Outstanding	165	170	172	168	90
Shares Change (YoY)	-2.93%	-0.98%	2.59%	85.74%	0.06%
EPS (Basic)	5.91	4.38	4.91	3.72	4.43
EPS (Diluted)	5.90	4.37	4.91	3.72	4.42
EPS Growth	35.01%	-10.98%	32.02%	-15.87%	88.09%
Dividend Per Share	1.600	1.600	1.600	1.600	1.600
Effective Tax Rate	20.42%	24.41%	19.98%	19.26%	23.41%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.