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Dec 31, 2020

Webster Q4 2020 Earnings Report

Reported earnings of $0.64 per diluted share.

Key Takeaways

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.

Earnings applicable to common shareholders were $57.7 million, or $0.64 per diluted share.

Revenue was $293.7 million.

Loan growth was $1.6 billion, led by commercial and commercial real estate.

Deposit growth was $4.0 billion, including growth in demand deposits and HSA deposits.

Total Revenue
$217M
Previous year: $231M
-6.2%
EPS
$0.99
Previous year: $0.96
+3.1%
Net Interest Margin
2.83%
Previous year: 3.27%
-13.5%
Efficiency Ratio
60.3%
Previous year: 58.5%
+3.1%
Gross Profit
$294M
Previous year: $302M
-2.8%
Cash and Equivalents
$194M
Previous year: $185M
+4.4%
Free Cash Flow
$212M
Previous year: $165M
+28.5%
Total Assets
$32.6B
Previous year: $30.4B
+7.2%

Webster

Webster

Webster Revenue by Segment

Forward Guidance

Webster remains focused on strategic priorities and positioning themselves for growth as the macro environment improves in 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income