Webster Financial Corporation Waterbury (WBS)

WBS · National Commercial Banks · Stamford, CT · filing with the SEC since 1994

Grade5.1

◀ Past 3.4● Present 6.9▶ Future 5.3

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Mar 3, 2025	Feb 27, 2024	Mar 10, 2023	Feb 25, 2022	Feb 26, 2021	Feb 28, 2020	Mar 1, 2019	Mar 1, 2018	Mar 1, 2017
Revenue	237,967	245,699	233,404	268,672	212,406	198,737	208,293	200,673	185,945	173,377
For lenders
Interest and dividend income	4,021,508	3,927,286	3,628,260	2,284,737	942,844	1,002,049	1,154,583	1,055,167	913,605	821,913
Net interest income	2,497,894	2,338,387	2,337,269	2,034,286	901,089	891,393	955,127	906,681	796,287	718,513
Provision for credit losses	210,000	222,000	150,747	280,619	-54,500	137,750	37,800	42,000	40,900	56,350
Net interest income after provision	2,287,894	2,116,387	2,186,522	1,753,667	955,589	753,643	917,327	864,681	755,387	662,163
Noninterest income	401,519	251,899	314,337	440,783	323,372	285,277	285,315	282,568	259,478	264,478
Noninterest expense	1,429,264	1,351,279	1,416,355	1,396,473	745,100	758,946	715,950	705,616	661,075	623,191
Operating income	1,470,149	1,239,007	1,235,251	1,078,596	479,361	417,724	524,492	483,633	394,690	·
Interest expense	1,523,614	1,588,899	1,290,991	250,451	41,755	110,656	199,456	148,486	117,318	103,400
Income before income taxes	1,260,149	1,017,007	1,084,504	797,977	533,861	279,974	486,692	441,633	353,790	303,450
Income tax expense	257,347	248,300	216,664	153,694	124,997	59,353	103,969	81,215	98,351	96,323
Net income	1,002,802	768,707	867,840	644,283	408,864	220,621	382,723	360,418	255,439	207,127
Preferred dividends	16,650	16,650	16,650	15,919	·	·	·	·	·	·
Net income to common shareholders	974,861	744,076^r	843,268	628,364^r	398,687	211,474	372,985	351,703	246,831	198,423
Earnings per share, basic	5.91	4.38	4.91	3.72	4.43	2.35	4.07	3.83	2.68	2.17
Earnings per share, diluted	5.90	4.37	4.91	3.72	4.42	2.35	4.06	3.81	2.67	2.16
Weighted average shares, basic	164,842	169,820	171,775	167,452	89,983	89,967	91,559	91,930	91,965	91,367
Weighted average shares, diluted	165,206	170,192	171,883	167,547	90,206	90,151	91,882	92,227	92,356	91,856

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanAndLeaseLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton WBS · research, not advice