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Dec 31, 2024

Webster Q4 2024 Earnings Report

Net income available to common stockholders was announced as $173.6 million, or $1.01 per diluted share.

Key Takeaways

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.

Revenue of $661.0 million.

Period end loans and leases balance of $52.5 billion, up $0.6 billion or 1.1 percent from prior quarter.

Period end deposits balance of $64.8 billion, up $0.2 billion or 0.4 percent from prior quarter.

Net interest margin of 3.39 percent, up 3 basis points from prior quarter.

Total Revenue
$608M
Previous year: $571M
+6.6%
EPS
$1.43
Previous year: $1.46
-2.1%
Net Interest Margin
3.39%
Previous year: 3.42%
-0.9%
Efficiency Ratio
44.8%
Previous year: 43.04%
+4.1%
Cash and Equivalents
$388M
Previous year: $429M
-9.6%
Total Assets
$79B
Previous year: $74.9B
+5.4%

Webster

Webster

Webster Revenue by Segment

Forward Guidance

This release contains forward-looking statements that are subject to risks and uncertainties.