WBS
Webster Financial Corporation63.70
-0.43-0.67%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
10.59BP/E (TTM)
11.86Basic EPS (TTM)
5.37Dividend Yield
0.02%Recent Filings
10-Q
8-K
CFO compensation enhanced
Webster Financial boosted compensation for CFO Neal Holland on October 23, 2025, to honor his swift integration and strategic role. Adjustments include a $500,000 one-time restricted stock grant vesting in three years, plus a $730,000 base salary, 125% target cash incentive, and 200% long-term incentives, effective September 22. This rewards key contributions. Yet risks tie to vesting conditions.
8-K
Q3 EPS jumps to $1.54
Webster Financial Corporation reported third-quarter 2025 net income of $261.2 million, or $1.54 per diluted share, up from $193.0 million, or $1.10, a year earlier, fueled by $732.6 million in revenue and a $43.2 million surge in non-interest income from hedging and a legal settlement. Loans and leases hit $55.1 billion, up 2.6% quarterly, while deposits grew 2.8% to $68.2 billion, though net interest margin dipped to 3.40%. Strong returns persist. Provision for credit losses fell to $44.0 million amid stable asset quality.
8-K
Webster issues $350M notes
Webster Financial Corporation issued $350 million in 5.784% Fixed Rate Reset Subordinated Notes due September 11, 2035, on September 11, 2025, following an underwriting agreement signed September 4. The notes carry a fixed rate until September 11, 2030, then reset based on the five-year U.S. Treasury rate plus 212.5 basis points, with semiannual interest payments starting March 11, 2026. This subordinated debt bolsters the company's capital base amid banking sector demands. Redemption options exist per the indenture.
10-Q
Q2 FY2025 results
Webster Financial Corporation posted solid Q2 results, with net interest income climbing 8.5% year-over-year to $621.2 million, fueled by 6.9% deposit growth to $66.0 billion average, while the net interest margin edged up 5 basis points to 3.44%. Non-interest income surged 123.8% to $94.7 million, thanks to no repeat of last year's $49.9 million securities sale loss and stronger life insurance gains. Net income hit $258.8 million, up 42.5%, with diluted EPS at $1.52 versus $1.03; provision for credit losses fell 21.2% to $46.5 million amid better risk ratings, though non-performing assets rose to 1.00% of loans. Loans grew 2.3% to $53.7 billion, with total assets at $81.9 billion and CET1 at 11.35%. Liquidity stays robust, with $3.0 billion in cash equivalents and $23.7 billion in borrowing capacity. Yet rising office vacancies pressure commercial real estate.
IPO
Website
Employees
Sector
Industry
BFC
Bank First Corporation
135.42-0.09
EWBC
East West Bancorp, Inc.
114.47+0.85
FFBC
First Financial Bancorp.
26.58-0.40
RF
Regions Financial Corporation
27.51+0.12
SFBS
ServisFirst Bancshares, Inc.
74.76+1.00
WABC
Westamerica Bancorporation
49.25-0.03
WNEB
Western New England Bancorp, In
13.28-0.04
WSBC
WesBanco, Inc.
34.71-0.44
WSBK
Winchester Bancorp, Inc.
9.96+0.01
WTBA
West Bancorporation
23.96+0.20