WEBSTER FINANCIAL CORP's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), WEBSTER FINANCIAL CORP reported net income of $1.0B (+30.5% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Interest and fees on loans and leases | $3.1B | $3.2B | $3.1B | $1.9B |
| Taxable interest on investment securities | $764.6M | $636.2M | $396.7M | $287.7M |
| Non-taxable interest on investment securities | $28.9M | $38.8M | $54.2M | $50.4M |
| Loans held for sale | $4.2M | $13.9M | $734.0K | $78.0K |
| Other interest and dividends | $105.2M | $56.0M | $105.3M | — |
| Total interest income | $4.0B | $3.9B | $3.6B | $2.3B |
| Deposits | $1.4B | $1.4B | $1.0B | $138.6M |
| Securities sold under agreements to repurchase and federal funds purchased | $3.3M | $4.1M | $9.1M | $19.1M |
| Federal Home Loan Bank advances | $111.2M | $125.3M | $222.5M | $58.6M |
| Long-term debt | $43.4M | $32.3M | $37.9M | $34.3M |
| Total interest expense | $1.5B | $1.6B | $1.3B | $250.5M |
| Net interest income | $2.5B | $2.3B | $2.3B | $2.0B |
| Provision for credit losses | $210.0M | $222.0M | $150.7M | $280.6M |
| Net interest income after provision for credit losses | $2.3B | $2.1B | $2.2B | $1.8B |
| Deposit service fees | $157.9M | $161.1M | $169.3M | $198.5M |
| Loan and lease related fees | $70.7M | $76.4M | $84.9M | $103.0M |
| Wealth and investment services | $31.0M | $33.2M | $29.0M | $40.3M |
| Cash surrender value of life insurance policies | $33.2M | $27.7M | $26.2M | $29.2M |
| Gain (loss) on sale of investment securities, net | $220.0K | ($136.2M) | ($33.6M) | ($6.8M) |
| Other income | $108.5M | $89.6M | $37.3M | $75.9M |
| Total non-interest income | $401.5M | $251.9M | $314.3M | $440.8M |
| Compensation and benefits | $821.7M | $762.8M | $711.8M | $723.6M |
| Occupancy | $77.4M | $72.2M | $77.5M | $113.9M |
| Technology and equipment | $190.6M | $195.0M | $197.9M | $186.4M |
| Intangible assets amortization | $36.3M | $36.1M | $36.2M | $31.9M |
| Marketing | $21.0M | $18.8M | $18.6M | $16.4M |
| Professional and outside services | $75.2M | $58.3M | $107.5M | $117.5M |
| Deposit insurance | $51.0M | $68.9M | $98.1M | $26.6M |
| Other expense | $156.0M | $139.3M | $168.7M | $180.1M |
| Total non-interest expense | $1.4B | $1.4B | $1.4B | $1.4B |
| Income before income taxes | $1.3B | $1.0B | $1.1B | $798.0M |
| Income tax expense | $257.3M | $248.3M | $216.7M | $153.7M |
| Net income | $1.0B | $768.7M | $867.8M | $644.3M |
| Preferred stock dividends | $16.6M | $16.6M | ($16.6M) | ($15.9M) |
| Income allocated to participating securities | $11.3M | — | — | — |
| Net income available to common stockholders | $974.9M | $752.1M | — | — |
| Basic (in dollars per share) | $5.91 | $4.38 | $4.91 | $3.72 |
| Diluted (in dollars per share) | $5.90 | $4.37 | $4.91 | $3.72 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Interest and fees on loans and leases | $784.9M | $776.6M | $794.7M | $775.2M |
| Taxable interest on investment securities | $186.0M | $184.6M | $194.3M | $190.6M |
| Non-taxable interest on investment securities | $9.3M | $8.5M | $7.0M | $7.2M |
| Loans held for sale | $2.0K | $18.0K | $4.0M | $7.0K |
| Other interest and dividends | $33.2M | $24.6M | $28.3M | $27.6M |
| Total interest income | $1.0B | $994.3M | $1.0B | $1.0B |
| Deposits | $326.9M | $316.6M | $355.5M | $339.7M |
| Securities sold under agreements to repurchase | $20.0K | $1.1M | $631.0K | $218.0K |
| Federal Home Loan Bank advances | $45.4M | $33.9M | $29.6M | $29.8M |
| Long-term debt | $8.3M | $8.3M | $10.9M | $9.6M |
| Total interest expense | $380.6M | $359.9M | $396.6M | $379.4M |
| Net interest income | $632.7M | $634.4M | $631.7M | $621.2M |
| Provision for credit losses | $31.5M | $54.0M | $44.0M | $46.5M |
| Net interest income after provision for credit losses | $601.2M | $580.4M | $587.7M | $574.7M |
| Deposit service fees | $42.3M | $41.5M | $39.6M | $40.9M |
| Loan and lease related fees | $20.6M | $15.4M | $16.4M | $17.7M |
| Wealth and investment services | $7.5M | $7.2M | $7.6M | $7.8M |
| Cash surrender value of life insurance policies | $11.2M | $8.6M | $7.5M | $9.2M |
| Gain on sale of investment securities, net | $0 | $0 | — | — |
| Other income | $25.6M | $28.7M | $29.8M | $19.1M |
| Total non-interest income | $107.2M | $101.5M | $100.9M | $94.7M |
| Compensation and benefits | $224.3M | $222.9M | $209.0M | $199.9M |
| Occupancy | $19.7M | $19.5M | $19.0M | $19.3M |
| Technology and equipment | $50.5M | $49.6M | $47.5M | $45.9M |
| Intangible assets amortization | $9.0M | $9.2M | $9.0M | $9.1M |
| Marketing | $5.2M | $4.7M | $5.0M | $5.2M |
| Professional and outside services | $21.1M | $22.5M | $17.8M | $18.4M |
| Deposit insurance | $18.2M | $16.3M | $15.6M | $15.1M |
| Other expense | $36.9M | $34.4M | $33.8M | $32.8M |
| Total non-interest expense | $385.0M | $379.1M | $356.7M | $345.7M |
| Income before income taxes | $323.5M | $302.8M | $331.9M | $323.6M |
| Income tax expense | $66.7M | $56.5M | $70.7M | $64.8M |
| Net income | $256.8M | $246.2M | $261.2M | $258.8M |
| Preferred stock dividends | $4.2M | $4.2M | $4.2M | $4.2M |
| Income allocated to participating securities | $3.2M | $2.8M | $3.0M | $3.0M |
| Net income applicable to common stockholders | $249.4M | $239.3M | $254.1M | $251.7M |
| Basic (in dollars per share) | $1.56 | $1.50 | $1.55 | $1.52 |
| Diluted (in dollars per share) | $1.56 | $1.50 | $1.54 | $1.52 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks | $370.7M | $388.1M | $429.3M | $264.1M |
| Interest-bearing deposits | $2.1B | $1.7B | $1.3B | $575.8M |
| Investment securities available-for-sale, at fair value | $10.0B | $9.0B | $9.0B | $7.9B |
| Investment securities held-to-maturity, net of allowance for credit losses of $171 and $209 | $8.0B | $8.4B | $7.1B | $6.6B |
| Loans held for sale | $14.9M | $27.6M | $6.5M | $2.0M |
| Loans and leases | $56.6B | $52.5B | $50.7B | $49.8B |
| Allowance for credit losses on loan and leases | ($719.4M) | ($689.6M) | ($635.7M) | ($594.7M) |
| Loans and leases, net | $55.9B | $51.8B | $50.1B | $49.2B |
| Federal Home Loan Bank and Federal Reserve Bank stock | $356.4M | $321.3M | $326.9M | $445.9M |
| Deferred tax assets, net | $195.7M | $316.9M | $369.2M | $371.6M |
| Premises and equipment, net | $432.0M | $407.0M | — | — |
| Goodwill | $2.9B | $2.9B | $2.6B | $2.5B |
| Other intangible assets, net | $313.2M | $334.3M | $203.1M | $199.3M |
| Cash surrender value of life insurance policies | $1.3B | $1.3B | $1.2B | $1.2B |
| Accrued interest receivable and other assets | $2.3B | $2.2B | $1.9B | $1.6B |
| Total assets | $84.1B | $79.0B | $74.9B | $71.3B |
| Non-interest-bearing | $10.1B | $10.3B | $10.7B | $13.0B |
| Interest-bearing | $58.7B | $54.4B | $50.1B | $41.1B |
| Total deposits | $68.8B | $64.8B | $60.8B | $54.1B |
| Securities sold under agreements to repurchase and federal funds purchased | $596.7M | $344.2M | $458.4M | $1.2B |
| Federal Home Loan Bank advances | $3.0B | $2.1B | $2.4B | $5.5B |
| Long-term debt | $739.5M | $909.2M | $1.0B | $1.1B |
| Accrued expenses and other liabilities | $1.5B | $1.8B | $1.6B | $1.5B |
| Total liabilities | $74.6B | $69.9B | $66.3B | $63.2B |
| Preferred stock | $284.0M | $284.0M | $284.0M | $284.0M |
| Common stock | $1.8M | $1.8M | $1.8M | $1.8M |
| Paid-in capital | $6.2B | $6.2B | $6.2B | $6.2B |
| Retained earnings | $4.5B | $3.8B | $3.3B | $2.7B |
| Treasury stock, at cost—21,562,037 and 11,386,920 shares | -1.1B | -536.8M | — | — |
| Accumulated other comprehensive (loss), net of tax | ($350.8M) | ($556.4M) | ($550.6M) | ($685.0M) |
| Total stockholders’ equity | $9.5B | $9.1B | $8.7B | $8.1B |
| Total liabilities and stockholders’ equity | $84.1B | $79.0B | $74.9B | $71.3B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and due from banks | $375.4M | $353.2M | $498.8M | $425.3M |
| Interest-bearing deposits | $2.3B | $2.5B | $2.6B | $2.6B |
| Total available-for-sale securities | $10.6B | $10.6B | $9.9B | $9.6B |
| Investment securities held-to-maturity, net of allowance for credit losses | $7.7B | $7.8B | $8.1B | $8.2B |
| Loans held for sale | $13.2M | $14.5M | $75.4M | $278.4M |
| Loans and leases | $57.9B | $57.2B | $55.1B | $53.7B |
| Allowance for credit losses on loans and leases | ($723.8M) | ($733.4M) | ($727.9M) | ($722.0M) |
| Loans and leases, net | $57.1B | $56.5B | $54.3B | $52.9B |
| Federal Home Loan Bank and Federal Reserve Bank stock | $388.4M | $431.4M | $340.2M | $370.3M |
| Deferred tax assets, net | $225.1M | $186.6M | $221.0M | $252.4M |
| Premises and equipment, net | $429.3M | $428.2M | $427.2M | $422.8M |
| Goodwill | $2.9B | $2.9B | $2.9B | $2.9B |
| Other intangible assets, net | $290.5M | $299.5M | $307.7M | $316.0M |
| Cash surrender value of life insurance policies | $1.3B | $1.3B | $1.3B | $1.3B |
| Accrued interest receivable and other assets | $2.2B | $2.2B | $2.3B | $2.4B |
| Total assets | $85.9B | $85.6B | $83.2B | $81.9B |
| Non-interest-bearing | $10.0B | $9.8B | $10.5B | $10.3B |
| Interest-bearing | $60.3B | $59.2B | $57.7B | $56.0B |
| Total deposits | $70.3B | $69.0B | $68.2B | $66.3B |
| Securities sold under agreements to repurchase | $73.4M | $69.8M | — | — |
| Federal Home Loan Bank advances | $3.7B | $4.8B | $2.6B | $3.3B |
| Long-term debt | $737.2M | $738.3M | $1.2B | $905.6M |
| Accrued expenses and other liabilities | $1.4B | $1.4B | $1.6B | $1.6B |
| Total liabilities | $76.2B | $76.0B | $73.7B | $72.6B |
| Preferred stock | $284.0M | $284.0M | $284.0M | $284.0M |
| Common stock | $1.8M | $1.8M | $1.8M | $1.8M |
| Paid-in capital | $6.2B | $6.1B | $6.2B | $6.2B |
| Retained earnings | $4.8B | $4.7B | $4.3B | $4.1B |
| Treasury stock, at cost—20,743,567 and 21,562,037 shares | -1.1B | -1.1B | -898.2M | -765.4M |
| Accumulated other comprehensive (loss), net of tax | ($447.7M) | ($430.5M) | ($385.0M) | ($438.3M) |
| Total stockholders’ equity | $9.8B | $9.6B | $9.5B | $9.3B |
| Total liabilities and stockholders’ equity | $85.9B | $85.6B | $83.2B | $81.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $1.0B | $768.7M | $867.8M | $644.3M |
| Provision for credit losses | $210.0M | $222.0M | $150.7M | $280.6M |
| Deferred income tax expense (benefit) | $47.6M | $18.2M | ($53.6M) | ($69.7M) |
| Stock-based compensation | $56.8M | $55.1M | $54.1M | $54.1M |
| Depreciation and amortization of property and equipment and intangible assets | $73.3M | $71.5M | $76.5M | $81.8M |
| Net (accretion) and amortization of interest-earning assets and borrowings | ($165.6M) | ($95.3M) | ($23.3M) | ($26.2M) |
| Amortization of low-income housing tax credit investments | $115.3M | $80.9M | $71.8M | $44.2M |
| Reduction of ROU lease assets | $30.0M | $31.3M | ($30.6M) | ($56.8M) |
| Net (gain) loss on sale of investment securities | ($220.0K) | $136.2M | $33.6M | $6.8M |
| Originations of loans held for sale | ($9.8M) | ($6.8M) | ($13.3M) | ($33.1M) |
| Proceeds from sale of loans held for sale | $8.1M | $8.3M | $13.9M | $36.3M |
| Net loss on sale of factored receivables portfolio | $0 | $16.0M | — | — |
| Net (gain) on sale of mortgage servicing rights | $0 | ($11.7M) | ($1.1M) | ($580.0K) |
| (Increase) in cash surrender value of life insurance policies | ($33.2M) | ($27.7M) | ($26.2M) | ($29.2M) |
| (Gain) from life insurance policies | ($4.8M) | ($14.1M) | ($3.6M) | ($6.3M) |
| (Gain) on extinguishment of long-term debt | ($9.8M) | — | — | — |
| (Gain) on sale of alternative investments | ($8.8M) | ($14.8M) | — | — |
| Other operating activities, net | ($16.0M) | ($16.0M) | — | — |
| Net decrease (increase) in loans held for sale | $3.0K | ($49.6M) | — | — |
| Net (increase) decrease in derivative contract assets and liabilities | ($185.0M) | $20.5M | ($73.3M) | $536.8M |
| Net decrease (increase) in prepaid expenses and other assets | $37.2M | $246.8M | ($13.8M) | ($106.7M) |
| Net (decrease) in accrued expenses and other liabilities | ($89.7M) | ($35.4M) | ($116.1M) | ($149.1M) |
| Net cash provided by operating activities | $1.1B | $1.4B | $978.6M | $1.3B |
| Purchases of available-for-sale investment securities | ($2.0B) | ($3.2B) | ($2.4B) | ($1.1B) |
| Proceeds from principal payments, maturities, and calls of available-for-sale investment securities | $1.3B | $893.0M | $591.2M | $754.5M |
| Proceeds from sale of available-for-sale investment securities | $14.9M | $2.1B | $789.6M | $172.9M |
| Purchases of held-to-maturity investment securities | $0 | ($1.8B) | ($891.8M) | ($1.2B) |
| Proceeds from principal payments, maturities, and calls of held-to-maturity investment securities | $538.6M | $457.4M | $390.1M | $750.8M |
| Net (increase) decrease in Federal Home Loan Bank and Federal Reserve Bank stock | ($35.1M) | $5.5M | $119.0M | ($223.6M) |
| Alternative investments (capital calls), net of returns of capital | ($293.5M) | ($160.1M) | ($27.4M) | ($24.9M) |
| Proceeds from sales of alternative investments | $13.4M | $19.6M | — | — |
| Net (increase) in loans | ($4.6B) | ($2.5B) | ($1.7B) | ($7.5B) |
| Proceeds from sale of loans not originated for sale | $400.0M | $569.5M | $626.0M | $679.7M |
| Proceeds from sale of mortgage servicing rights | $0 | $18.6M | — | — |
| Proceeds from sale of foreclosed properties and repossessed assets | $2.1M | $8.5M | $4.0M | $2.6M |
| Proceeds from sale of property and equipment | $4.3M | $6.8M | $6.9M | $300.0K |
| Purchases of property and equipment | ($49.6M) | ($35.8M) | ($40.3M) | ($28.8M) |
| Proceeds from life insurance policies | $18.6M | $34.4M | $20.1M | $21.9M |
| Cash paid for acquisitions of HSA deposits | ($6.4M) | — | — | — |
| Net cash paid for acquisition | ($24.4M) | ($359.5M) | ($157.6M) | $54.4M |
| Net cash (used in) investing activities | ($4.7B) | ($3.9B) | ($2.6B) | ($7.2B) |
| Net increase in deposits | $4.0B | $3.7B | $6.7B | $936.0M |
| Net increase (decrease) in Federal Home Loan Bank advances | $870.6M | ($249.9M) | ($3.1B) | — |
| Net increase (decrease) in securities sold under agreements to repurchase and federal funds purchased | $252.6M | ($114.2M) | ($693.4M) | $447.2M |
| Repayment of long-term debt | ($499.0M) | ($132.6M) | ($16.8M) | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $503.0M | $246.2M | $747.0M | $485.8M |
| Provision for credit losses | $85.5M | $54.0M | $168.0M | $124.0M |
| Deferred income tax expense | $7.3M | $39.3M | $31.3M | $19.7M |
| Stock-based compensation | $31.2M | $14.0M | $41.9M | $29.1M |
| Depreciation and amortization of property and equipment and intangible assets | $39.9M | $20.0M | $54.7M | $36.3M |
| Net (accretion) and amortization of interest-earning assets and borrowings | ($63.4M) | ($33.7M) | ($122.8M) | ($80.5M) |
| Amortization of low-income housing tax credit investments | $77.4M | $38.4M | $89.8M | $66.7M |
| Reduction of ROU lease assets | $15.1M | $7.5M | $22.9M | $15.5M |
| Net (gain) on sale of investment securities | $0 | $0 | — | — |
| Originations of loans held for sale | ($7.5M) | ($6.5M) | ($6.8M) | ($4.8M) |
| Proceeds from sale of loans held for sale | $9.3M | $7.0M | $7.0M | $5.0M |
| (Increase) in cash surrender value of life insurance policies | ($19.9M) | ($8.6M) | ($24.7M) | ($17.2M) |
| (Gain) from life insurance policies | ($3.6M) | ($1.2M) | ($3.0M) | ($1.5M) |
| (Gain) on sale of alternative investments | ($3.7M) | ($1.5M) | ($6.7M) | ($5.7M) |
| Other operating activities, net | $1.4M | ($2.6M) | ($6.2M) | ($2.9M) |
| Net decrease (increase) in derivative contract assets and liabilities | $83.6M | $54.1M | ($172.1M) | ($147.9M) |
| Net (increase) in prepaid expenses and other assets | ($30.9M) | ($17.6M) | $16.2M | ($76.6M) |
| Net (decrease) in accrued expenses and other liabilities | ($50.0M) | ($119.9M) | ($95.8M) | ($79.0M) |
| Net cash provided by operating activities | $674.5M | $288.7M | $740.5M | $365.8M |
| Purchases of available-for-sale investment securities | ($1.3B) | ($954.2M) | ($1.4B) | ($1.0B) |
| Proceeds from principal payments, maturities, and calls of available-for-sale investment securities | $605.8M | $292.3M | $821.8M | $564.5M |
| Proceeds from sale of available-for-sale investment securities | $0 | $0 | $14.9M | $14.9M |
| Proceeds from principal payments, maturities, and calls of held-to-maturity investment securities | $295.8M | $141.2M | $414.6M | $283.3M |
| Net (increase) in Federal Home Loan Bank and Federal Reserve Bank stock | ($32.0M) | ($75.0M) | ($18.9M) | ($48.9M) |
| Alternative investments (capital calls), net of returns of capital | ($140.7M) | ($78.1M) | ($205.7M) | ($141.4M) |
| Proceeds from sales of alternative investments | $7.0M | $3.7M | $10.8M | $9.5M |
| Net (increase) in loans | ($1.4B) | ($699.6M) | ($3.0B) | ($1.6B) |
| Proceeds from sale of loans not originated for sale | $29.8M | $16.8M | $332.6M | $80.9M |
| Proceeds from sale of mortgage servicing rights | $564.0K | — | $0 | $0 |
| Proceeds from sale of foreclosed properties and repossessed assets | $1.7M | $1.3M | $1.8M | $261.0K |
| Proceeds from sale of property and equipment | $1.6M | $1.3M | $4.1M | $2.3M |
| Purchases of property and equipment | ($24.9M) | ($10.5M) | ($33.7M) | ($21.5M) |
| Proceeds from life insurance policies | $6.7M | $4.0M | $14.8M | $8.6M |
| Payments for premiums on life insurance policies | ($3.4M) | ($3.0M) | — | — |
| Net cash (used for) investing activities | ($1.9B) | ($1.4B) | ($3.1B) | ($1.8B) |
| Net increase in deposits | $1.5B | $277.7M | $3.4B | $1.6B |
| Net increase in Federal Home Loan Bank advances | $680.5M | $1.8B | $450.7M | $1.2B |
| Net (decrease) increase in securities sold under agreements to repurchase | ($523.3M) | ($527.0M) | ($242.5M) | $28.6M |
| Payment of contingent consideration | $0 | — | ($11.4M) | ($11.2M) |
| Dividends paid to common stockholders | ($129.3M) | ($64.5M) | ($202.3M) | ($135.8M) |
| Dividends paid to preferred stockholders | ($8.3M) | ($4.2M) | ($12.5M) | ($8.3M) |
| Common stock repurchase program | $0 | $0 | ($389.4M) | ($259.6M) |
| Common shares acquired related to stock compensation plan activity | -30.8M | -30.2M | -22.6M | -22.2M |
| Net cash provided by financing activities | $1.5B | $1.5B | $3.3B | $2.4B |
| Net increase in cash and cash equivalents | $272.9M | $410.6M | $988.0M | $919.5M |
WEBSTER FINANCIAL CORP score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.