Webster Earnings Reports

Webster Financial Corporation reported a net income available to common stockholders of $173.6 million, or $1.01 per diluted share, for Q4 2024. Revenue was $661.0 million. Period end loans and leases balance increased to $52.5 billion, and period end deposits balance increased to $64.8 billion.

Webster Financial Corporation reported a net income available to common stockholders of $188.8 million, or $1.10 per diluted share, for the quarter ended September 30, 2024. The results include certain adjustments, and excluding these items, adjusted earnings per diluted share would have been $1.34 for the same period. The company saw growth in deposits and loans, with total deposits reaching $64.5 billion and total loans and leases at $51.9 billion.

Webster Financial Corporation reported a net income available to common stockholders of $177.5 million, or $1.03 per diluted share, for the quarter ended June 30, 2024. The results include net securities repositioning losses of $0.231 per diluted share. Excluding this item, adjusted earnings per diluted share would have been $1.261 for the quarter ended June 30, 2024.

Webster Financial Corporation reported a net income available to common stockholders of $212.2 million, or $1.23 per diluted share, for the quarter ended March 31, 2024. The results include net charges of $20.8 million after tax, or $0.121 per diluted share, related to various items. Adjusted earnings per diluted share were $1.35 for the same period.

Webster Financial Corporation reported a net income available to common stockholders of $181.2 million, or $1.05 per diluted share, for Q4 2023. Adjusted earnings per diluted share were $1.46, excluding charges related to a FDIC special assessment, the merger with Sterling Bancorp, and securities repositioning. The company's revenue reached $634.8 million, and they saw growth in loan and deposit balances.

Webster Financial Corporation reported a net income available to common stockholders of $222.3 million, or $1.28 per diluted share, for the quarter ended September 30, 2023. Excluding merger-related charges, adjusted earnings per diluted share were $1.55. The company completed its core systems conversion and continues to be well-positioned for the current operating environment.

Webster Financial Corporation reported a strong second quarter with net income available to common stockholders of $230.8 million, or $1.32 per diluted share. Adjusted earnings per diluted share, excluding merger-related charges, were $1.50. The company saw revenue of $673.2 million and deposit growth of 6% linked quarter.

Webster Financial Corporation reported a solid first quarter in a challenging banking environment, with net income available to common stockholders at $216.8 million, or $1.24 per diluted share. The results reflect solid performance across diverse business lines, a strong capital position, and effective risk management.

Webster Financial Corporation reported a strong fourth quarter with net income available to common stockholders of $240.6 million, or $1.38 per diluted share. Adjusted EPS was $1.60, excluding merger-related charges. Revenue reached $704.6 million, and the company saw growth in its Commercial Banking, HSA Bank, and Consumer Banking segments.

Webster Financial Corporation reported a strong third quarter in 2022, with net income available to common shareholders of $229.8 million, or $1.31 per diluted share. Excluding expenses related to the merger, strategic initiatives, and other charges, earnings per diluted share would have been $1.46. The results reflect the progress in creating a high performing and differentiated company and exceeding targets set forth at the announcement of the MOE.

Webster Financial Corporation reported a strong second quarter with net income available to common shareholders of $178.1 million, or $1.00 per diluted share. Excluding merger-related expenses, earnings per diluted share would have been $1.29. The company saw strong loan growth and maintained a strong capital position.

Webster Financial Corporation reported a net loss of $(20.2) million, or $(0.14) per diluted share, for Q1 2022. Excluding merger-related expenses, earnings per diluted share would have been $1.24. The merger with Sterling Bancorp closed effective January 31, 2022, creating an approximately $65 billion institution.

Webster Financial Corporation reported strong fourth-quarter results, with earnings applicable to common shareholders of $108.4 million, or $1.20 per diluted share. Revenue increased by 7.9 percent compared to the prior year, and loan growth was robust at 4.1 percent linked quarter, excluding PPP loans.

Webster Financial Corporation reported earnings applicable to common shareholders of $93.2 million, or $1.03 per diluted share, for the quarter ended September 30, 2021. Revenue increased by 6.5% compared to the previous year, and there was loan growth of 2.7% linked quarter, excluding PPP loans.

Webster Financial Corporation reported earnings applicable to common shareholders of $91.6 million, or $1.01 per diluted share, for the quarter ended June 30, 2021. The company experienced loan growth of 3.2% excluding PPP loans and an increase in loan originations of $0.5 billion or 26%.

Webster Financial Corporation reported a strong first quarter with earnings applicable to common shareholders of $105.5 million, or $1.17 per diluted share. The results were driven by revenue of $300.5 million and loan growth. The company also benefited from positive credit trends and an improving economic outlook.

Webster Financial Corporation reported Q4 2020 earnings of $0.64 per diluted share. Revenue for the quarter was $293.7 million. Loan growth was $1.6 billion, and deposit growth reached $4.0 billion.

Webster Financial Corporation reported earnings applicable to common shareholders of $66.9 million, or $0.75 per diluted share, for the quarter ended September 30, 2020.

Webster Financial Corporation announced earnings applicable to common shareholders of $50.7 million, or $0.57 per diluted share, for the quarter ended June 30, 2020. Revenue was $284.5 million. Loan growth was $2.5 billion, or 13.1 percent from a year ago. Deposit growth of $3.8 billion, or 16.6 percent from a year ago.

Webster Financial Corporation announced earnings applicable to common shareholders of $36.0 million, or $0.39 per diluted share, for the quarter ended March 31, 2020. The results reflect a provision for credit losses of $76.0 million due to the adoption of CECL and the impact of COVID-19.

Webster Financial Corporation reported earnings applicable to common shareholders of $88.1 million, or $0.96 per diluted share, for the quarter ended December 31, 2019. Revenue for the quarter was $302.2 million. Commercial loan growth exceeded 10 percent for the second year in a row and total footings at HSA Bank increased 18 percent from a year ago.