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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
Revenue by Segment
Commercial Banking Revenue
CapyFin.comHealthcare Financial Services Revenue
CapyFin.com Forward Guidance
This earnings report does not include any forward guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income