Webster Financial Corporation (WBS)
NYSE: WBS · Real-Time Price · USD
51.62
+0.59 (1.16%)
Mar 31, 2025, 3:46 PM EDT - Market open
Webster Financial Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 3,196 | 3,072 | 1,947 | 762.96 | 790.49 | Upgrade
|
| Interest Income on Investments | 730.91 | 556.15 | 338.1 | 179.89 | 211.56 | Upgrade
|
| Total Interest Income | 3,927 | 3,628 | 2,285 | 942.84 | 1,002 | Upgrade
|
| Interest Paid on Deposits | 1,427 | 1,021 | 138.55 | 20.13 | 67.9 | Upgrade
|
| Interest Paid on Borrowings | 161.7 | 269.57 | 111.9 | 21.62 | 42.76 | Upgrade
|
| Total Interest Expense | 1,589 | 1,291 | 250.45 | 41.76 | 110.66 | Upgrade
|
| Net Interest Income | 2,338 | 2,337 | 2,034 | 901.09 | 891.39 | Upgrade
|
| Net Interest Income Growth (YoY) | 0.05% | 14.89% | 125.76% | 1.09% | -6.67% | Upgrade
|
| Trust Income | 33.23 | 29 | 40.28 | 39.59 | 32.92 | Upgrade
|
| Mortgage Banking Activities | - | - | - | 6.22 | 18.3 | Upgrade
|
| Gain (Loss) on Sale of Assets | 11.66 | - | - | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | -136.22 | -33.62 | -6.75 | - | 0.01 | Upgrade
|
| Other Non-Interest Income | 180.59 | 148.94 | 208.79 | 114.86 | 78.03 | Upgrade
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| Total Non-Interest Income | 250.4 | 313.64 | 440.78 | 323.37 | 285.28 | Upgrade
|
| Non-Interest Income Growth (YoY) | -20.16% | -28.84% | 36.31% | 13.35% | -0.01% | Upgrade
|
| Revenues Before Loan Losses | 2,589 | 2,651 | 2,475 | 1,224 | 1,177 | Upgrade
|
| Provision for Loan Losses | 222 | 143.95 | 280.62 | -54.5 | 137.75 | Upgrade
|
| Revenue | 2,367 | 2,507 | 2,194 | 1,279 | 1,039 | Upgrade
|
| Revenue Growth (YoY) | -5.59% | 14.24% | 71.58% | 23.11% | -13.61% | Upgrade
|
| Salaries and Employee Benefits | 707.65 | 657.67 | 590.52 | 392.34 | 416.21 | Upgrade
|
| Occupancy Expenses | 31.96 | 39.25 | 10.94 | 23.51 | 23.67 | Upgrade
|
| Federal Deposit Insurance | 58.59 | 50.92 | 26.57 | 15.79 | 18.32 | Upgrade
|
| Amortization of Goodwill & Intangibles | 36.08 | 36.21 | 31.94 | 4.51 | 4.16 | Upgrade
|
| Selling, General & Administrative | 367.37 | 416.41 | 319.55 | 193.6 | 206.36 | Upgrade
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| Other Non-Interest Expense | 139.31 | 168.75 | 147.39 | 76.69 | 78.23 | Upgrade
|
| Total Non-Interest Expense | 1,341 | 1,369 | 1,127 | 706.45 | 746.95 | Upgrade
|
| EBT Excluding Unusual Items | 1,026 | 1,138 | 1,068 | 572.52 | 291.97 | Upgrade
|
| Asset Writedown | - | - | -23.1 | -1.2 | -12 | Upgrade
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| Other Unusual Items | -8.82 | -46.46 | - | - | - | Upgrade
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| Pretax Income | 1,017 | 1,085 | 797.98 | 533.86 | 279.97 | Upgrade
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| Income Tax Expense | 248.3 | 216.66 | 153.69 | 125 | 59.35 | Upgrade
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| Net Income | 768.71 | 867.84 | 644.28 | 408.86 | 220.62 | Upgrade
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| Preferred Dividends & Other Adjustments | 24.63 | 24.57 | 21.59 | 10.18 | 9.15 | Upgrade
|
| Net Income to Common | 744.08 | 843.27 | 622.69 | 398.69 | 211.47 | Upgrade
|
| Net Income Growth | -11.42% | 34.70% | 57.58% | 85.32% | -42.35% | Upgrade
|
| Basic Shares Outstanding | 170 | 172 | 167 | 90 | 90 | Upgrade
|
| Diluted Shares Outstanding | 170 | 172 | 168 | 90 | 90 | Upgrade
|
| Shares Change (YoY) | -0.98% | 2.59% | 85.74% | 0.06% | -1.88% | Upgrade
|
| EPS (Basic) | 4.38 | 4.91 | 3.72 | 4.43 | 2.35 | Upgrade
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| EPS (Diluted) | 4.37 | 4.91 | 3.72 | 4.42 | 2.35 | Upgrade
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| EPS Growth | -10.98% | 32.02% | -15.87% | 88.09% | -42.12% | Upgrade
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| Dividend Per Share | 1.600 | 1.600 | 1.600 | 1.600 | 1.600 | Upgrade
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| Dividend Growth | - | - | - | - | 4.58% | Upgrade
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| Effective Tax Rate | 24.41% | 19.98% | 19.26% | 23.41% | 21.20% | Upgrade
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Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.