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Jun 30, 2022
Webster Q2 2022 Earnings Report
Reported EPS of $1.00 and adjusted EPS of $1.29, reflecting a strong second quarter performance driven by loan growth and merger synergies
Key Takeaways
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.
Revenue reached $607.6 million.
Loans and leases totaled $45.6 billion, with 80% in commercial loans and leases and 20% in consumer loans.
Deposits amounted to $53.1 billion.
The company repurchased $100 million in shares under its share repurchase program.
Webster
Webster
Webster Revenue by Segment
Forward Guidance
This earnings report does not include any forward guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income