Webster Financial Corporation (WBS)

Name: Webster Financial Corporation Financial Statements
Creator: Quarter Results

Financial Services | Banks Regional

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$1.1B

Net Income

$227M

Operating Margin

26.6%

Free Cash Flow

$1.0B

Debt / Assets

88.7%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Webster Financial Corporation (WBS).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	1,066,093,000	1,047,594,000	1,061,804,000	1,018,584,000
Cost of Revenue	1,066,093,000	450,119,000	468,180,000	462,989,000
Gross Profit	0	597,475,000	593,624,000	555,595,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	4,027,000	214,876,000	214,059,000	206,022,000
Operating Expenses	4,027,000	340,377,000	348,958,000	326,021,000
Operating Income	283,654,000	257,098,000	244,666,000	229,574,000
Interest Expense	0	386,619,000	414,180,000	403,989,000
Income Before Tax	283,654,000	257,098,000	244,666,000	229,574,000
Income Tax Expense	56,737,000	79,332,000	51,681,000	47,941,000
Net Income	226,917,000	177,766,000	192,985,000	181,633,000
Per Share
EPS	1.30	0.98	1.10	1.03
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Webster Financial Corporation (WBS).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	4,423,027,000	4,167,530,000	3,942,597,000	2,472,471,000	1,223,293,000
Cost of Revenue	1,733,614,000	1,810,899,000	1,441,738,000	0	0
Gross Profit	2,689,413,000	2,356,631,000	2,500,859,000	2,472,471,000	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	749,793,000	840,139,000	781,291,000	766,632,000	447,834,000
Operating Expenses	1,429,264,000	1,339,624,000	1,416,355,000	16,438,000	0
Operating Income	1,260,149,000	1,017,007,000	1,084,504,000	1,048,428,000	0
Interest Expense	1,523,614,000	1,588,899,000	1,290,991,000	250,451,000	41,755,000
Income Before Tax	1,260,149,000	1,017,007,000	1,084,504,000	797,977,000	533,861,000
Income Tax Expense	257,347,000	248,300,000	216,664,000	153,694,000	124,997,000
Net Income	1,002,802,000	768,707,000	867,840,000	644,283,000	408,864,000
Per Share
EPS	5.92	4.51	4.91	3.72	4.54
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Webster Financial Corporation (WBS).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	370,748,000	2,074,434,000	1,715,795,000	839,943,000
Short Term Investments	17,979,075,000	6,322,000	-14,181,825,000	7,892,697,000
Net Receivables	348,100,000	1,215,929,000	0	1,618,175,000
Inventory	0	0	0	0
Total Current Assets	18,349,823,000	3,296,685,000	3,536,899,000	9,774,990,000
Property Plant Equipment	432,035,000	406,963,000	429,561,000	430,184,000
Goodwill and Intangibles	3,210,756,000	3,202,369,000	2,834,600,000	2,713,446,000
Total Assets	84,073,663,000	79,025,073,000	74,945,249,000	71,277,521,000
Liabilities
Account Payables	0	0	0	0
Short Term Debt	596,738,000	2,444,168,000	0	6,638,149,000
Total Current Liabilities	44,636,835,000	67,197,248,000	36,613,025,000	34,430,162,000
Long Term Debt	3,720,172,000	919,293,000	3,408,838,000	6,533,680,000
Total Liabilities	74,581,427,000	69,891,859,000	66,255,253,000	63,221,335,000
Shareholders Equity
Retained Earnings	4,477,744,000	3,759,158,000	3,282,530,000	2,713,861,000
Total Shareholders Equity	9,492,236,000	9,133,214,000	8,689,996,000	8,056,186,000

Balance sheet annual history for Webster Financial Corporation (WBS).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	370,748,000	2,074,434,000	1,715,795,000	839,943,000	461,570,000
Short Term Investments	17,979,075,000	6,322,000	-14,181,825,000	7,892,697,000	4,234,854,000
Net Receivables	348,100,000	1,215,929,000	0	1,618,175,000	531,469,000
Inventory	0	0	0	0	0
Total Current Assets	18,349,823,000	3,296,685,000	3,536,899,000	9,774,990,000	23,721,821,000
Property Plant Equipment	432,035,000	406,963,000	429,561,000	430,184,000	204,557,000
Goodwill and Intangibles	3,210,756,000	3,202,369,000	2,834,600,000	2,713,446,000	0
Total Assets	84,073,663,000	79,025,073,000	74,945,249,000	71,277,521,000	34,915,599,000
Liabilities
Account Payables	0	0	0	0	0
Short Term Debt	596,738,000	2,444,168,000	0	6,638,149,000	0
Total Current Liabilities	44,636,835,000	67,197,248,000	36,613,025,000	34,430,162,000	0
Long Term Debt	3,720,172,000	919,293,000	3,408,838,000	6,533,680,000	573,928,000
Total Liabilities	74,581,427,000	69,891,859,000	66,255,253,000	63,221,335,000	31,477,274,000
Shareholders Equity
Retained Earnings	4,477,744,000	3,759,158,000	3,282,530,000	2,713,861,000	0
Total Shareholders Equity	9,492,236,000	9,133,214,000	8,689,996,000	8,056,186,000	3,438,325,000

Cash flow quarterly history for Webster Financial Corporation (WBS).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	1,002,802,000	768,707,000	859,918,000	644,283,000
Depreciation & Amortization	73,346,000	71,531,000	70,907,000	82,670,000
Stock Based Compensation	56,823,000	55,141,000	54,087,000	54,099,000
Change in Working Capital	-270,718,000	183,658,000	-203,154,000	308,523,000
Operating Cash Flow	1,058,136,000	1,404,300,000	978,946,000	1,335,952,000
Investing Activities
Capital Expenditure	-49,566,000	-35,844,000	-40,303,000	-28,762,000
Investments	-49,566,000	-35,844,000	-40,303,000	-28,762,000
Investing Cash Flow	-4,747,963,000	-3,869,260,000	-2,596,049,000	-7,186,338,000
Financing Activities
Debt Repayment	718,999,000	-382,460,000	-3,810,730,000	-22,000,445,000
Common Stock Issued/Repurchased	-616,349,000	-65,403,000	-122,539,000	-321,400,000
Dividends Paid	-283,480,000	-291,195,000	-294,805,000	-261,492,000
Financing Cash Flow	4,064,918,000	2,823,599,000	2,492,955,000	6,228,759,000
Summary
Free Cash Flow	1,008,570,000	1,368,456,000	938,643,000	1,307,190,000
Net Change in Cash	375,091,000	358,639,000	875,852,000	378,373,000

Cash flow annual history for Webster Financial Corporation (WBS).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	1,002,802,000	768,707,000	859,918,000	644,283,000	408,864,000
Depreciation & Amortization	73,346,000	71,531,000	70,907,000	82,670,000	168,982,000
Stock Based Compensation	56,823,000	55,141,000	54,087,000	54,099,000	13,662,000
Change in Working Capital	-270,718,000	183,658,000	-203,154,000	308,523,000	150,659,000
Operating Cash Flow	1,058,136,000	1,404,300,000	978,946,000	1,335,952,000	688,592,000
Investing Activities
Capital Expenditure	-49,566,000	-35,844,000	-40,303,000	-28,762,000	3,221,000
Investments	-49,566,000	-35,844,000	-40,303,000	-28,762,000	3,221,000
Investing Cash Flow	-4,747,963,000	-3,869,260,000	-2,596,049,000	-7,186,338,000	-2,405,089,000
Financing Activities
Debt Repayment	718,999,000	-382,460,000	-3,810,730,000	-22,000,445,000	0
Common Stock Issued/Repurchased	-616,349,000	-65,403,000	-122,539,000	-321,400,000	0
Dividends Paid	-283,480,000	-291,195,000	-294,805,000	-261,492,000	0
Financing Cash Flow	4,064,918,000	2,823,599,000	2,492,955,000	6,228,759,000	0
Summary
Free Cash Flow	1,008,570,000	1,368,456,000	938,643,000	1,307,190,000	691,813,000
Net Change in Cash	375,091,000	358,639,000	875,852,000	378,373,000	-14,429,000