Webster Financial Corporation (WBS)

Webster Financial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	3,115	3,196	3,072	1,947	762.96	790.49
Interest Income on Investments	882.49	730.91	556.15	338.1	179.89	211.56
Total Interest Income	3,997	3,927	3,628	2,285	942.84	1,002
Interest Paid on Deposits	1,381	1,427	1,021	138.55	20.13	67.9
Interest Paid on Borrowings	143.43	161.7	269.57	111.9	21.62	42.76
Total Interest Expense	1,524	1,589	1,291	250.45	41.76	110.66
Net Interest Income	2,474	2,338	2,337	2,034	901.09	891.39
Net Interest Income Growth (YoY)	7.50%	0.05%	14.89%	125.76%	1.09%	-6.67%
Trust Income	31.6	33.23	29	40.28	39.59	32.92
Mortgage Banking Activities	-	-	-	-	6.22	18.3
Gain (Loss) on Sale of Assets	11.66	11.66	-	-	-	-
Gain (Loss) on Sale of Investments	-56.67	-136.22	-33.62	-6.75	-	0.01
Other Non-Interest Income	194.52	180.59	148.94	208.79	114.86	78.03
Total Non-Interest Income	339.18	250.4	313.64	440.78	323.37	285.28
Non-Interest Income Growth (YoY)	29.21%	-20.16%	-28.84%	36.31%	13.35%	-0.01%
Revenues Before Loan Losses	2,813	2,589	2,651	2,475	1,224	1,177
Provision for Loan Losses	231.5	222	143.95	280.62	-54.5	137.75
Revenue	2,581	2,367	2,507	2,194	1,279	1,039
Revenue Growth (YoY)	8.96%	-5.59%	14.24%	71.58%	23.11%	-13.61%
Salaries and Employee Benefits	745.14	707.65	657.67	590.52	392.34	416.21
Occupancy Expenses	31.96	31.96	39.25	10.94	23.51	23.67
Federal Deposit Insurance	52.78	58.59	50.92	26.57	15.79	18.32
Amortization of Goodwill & Intangibles	36.98	36.08	36.21	31.94	4.51	4.16
Selling, General & Administrative	377.27	367.37	416.41	319.55	193.6	206.36
Other Non-Interest Expense	130.07	137.41	168.75	147.39	76.69	78.23
Total Non-Interest Expense	1,374	1,339	1,369	1,127	706.45	746.95
EBT Excluding Unusual Items	1,207	1,028	1,138	1,068	572.52	291.97
Asset Writedown	-1.9	-1.9	-	-23.1	-1.2	-12
Other Unusual Items	-8.82	-8.82	-46.46	-	-	-
Pretax Income	1,196	1,017	1,085	797.98	533.86	279.97
Income Tax Expense	271.53	248.3	216.66	153.69	125	59.35
Net Income	924.75	768.71	867.84	644.28	408.86	220.62
Preferred Dividends & Other Adjustments	26.83	24.63	24.57	21.59	10.18	9.15
Net Income to Common	897.91	744.08	843.27	622.69	398.69	211.47
Net Income Growth	19.12%	-11.42%	34.70%	57.58%	85.32%	-42.35%
Basic Shares Outstanding	167	170	172	167	90	90
Diluted Shares Outstanding	168	170	172	168	90	90
Shares Change (YoY)	-1.60%	-0.98%	2.59%	85.74%	0.06%	-1.88%
EPS (Basic)	5.37	4.38	4.91	3.72	4.43	2.35
EPS (Diluted)	5.36	4.37	4.91	3.72	4.42	2.35
EPS Growth	21.39%	-10.98%	32.02%	-15.87%	88.09%	-42.12%
Dividend Per Share	1.600	1.600	1.600	1.600	1.600	1.600
Dividend Growth	-	-	-	-	-	4.58%
Effective Tax Rate	22.70%	24.41%	19.98%	19.26%	23.41%	21.20%

Updated Oct 17, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q