The bank maintains a stable capital structure with an equity-to-assets ratio of 0.11, while total assets have expanded to $85.6 billion primarily through the accumulation of $77.9 billion in investment securities.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Cash & Short Term Investments | 27.29B | 2.46B | 2.08B | 10.68B | 8.73B | 4.7B | 3.59B | 3.18B | 3.23B | 2.89B | 3.21B | 3.34B | 3.19B | 3.35B | 3.49B | 3.17B | 212.66M | 951.8M | 281.44M | 306.65M | 311.89M | 295.96M | 266.45M | 209.79M | 282.06M | 254.84M | 266.79M | 283.62M | 230.96M | 228.4M | 109.7M |
| Cash & Due from Banks | 353.23M | 2.45B | 2.07B | 1.72B | 839.94M | 461.57M | 263.1M | 257.89M | 329.5M | 256.79M | 220.12M | 355.6M | 394.24M | 247.29M | 350.49M | 292.02M | 212.66M | 561.49M | 259.21M | 306.65M | 311.89M | 293.71M | 266.45M | 209.23M | 282.06M | 254.84M | 266.79M | 283.62M | 230.96M | 228.4M | 109.7M |
| Short Term Investments | 18.42B | 12.49M | 6.32M | 8.96B | 7.89B | 4.23B | 3.33B | 2.93B | 2.9B | 2.64B | 2.99B | 2.98B | 2.79B | 3.11B | 3.14B | 2.87B | 0 | 390.31M | 22.23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 77.89B | 72.63B | 68.08B | 64.82B | 62.02B | 31.79B | 29.6B | 27.55B | 25.03B | 23.95B | 23.46B | 21.85B | 19.95B | 19.03B | 18.2B | 16.9B | 16.23B | 15.49B | 15.72B | 15.37B | 15.13B | 16.14B | 15.43B | 13.53B | 12.32B | 10.87B | 10.22B | 9.09B | 9.17B | 8.59B | 5.22B |
| Investments Growth % | 30.84% | 6.68% | 5.02% | 4.51% | 95.12% | 7.39% | 7.44% | 10.08% | 4.51% | 2.07% | 7.39% | 9.53% | 4.8% | 4.56% | 7.72% | 4.08% | 4.79% | -1.42% | 2.24% | 1.63% | -6.29% | 4.58% | 14.11% | 9.78% | 13.35% | 6.31% | 12.49% | -0.88% | 6.81% | 64.46% | 77.76% |
| Long-Term Investments | 291.52B | 72.61B | 68.07B | 55.86B | 54.13B | 27.55B | 26.27B | 24.63B | 22.13B | 21.31B | 20.47B | 18.86B | 17.15B | 15.93B | 15.07B | 14.02B | 16.23B | 15.1B | 15.69B | 15.37B | 15.13B | 16.14B | 15.43B | 13.53B | 12.32B | 10.87B | 10.22B | 9.09B | 9.17B | 8.59B | 5.22B |
| Accounts Receivables | 0 | 0 | 0 | 1.89B | 1.62B | 531.47M | 626.55M | 455.38M | 313.26M | 286.68M | 294.46M | 343.86M | 301.67M | 260.69M | 259.74M | 237.04M | 259.19M | 318.23M | 260.22M | 80.43M | 90.56M | 85.78M | 63.41M | 52.76M | 54.6M | 54.29M | 69.73M | 58.92M | 60.65M | 52.7M | 35.4M |
| Goodwill & Intangibles | 3.5B | 3.21B | 3.2B | 2.83B | 2.71B | 556.24M | 560.76M | 560.29M | 564.14M | 567.98M | 572.05M | 577.7M | 532.55M | 535.24M | 540.16M | 545.58M | 551.16M | 556.75M | 563.93M | 80.43M | 90.56M | 85.78M | 63.41M | 52.76M | 54.6M | 54.29M | 69.73M | 58.92M | 60.65M | 52.7M | 35.4M |
| Goodwill | 3.2B | 2.9B | 2.87B | 2.63B | 2.51B | 538.37M | 538.37M | 538.37M | 538.37M | 538.37M | 538.37M | 538.37M | 529.89M | 529.89M | 529.89M | 529.89M | 529.89M | 529.89M | 529.89M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 299.52M | 313.23M | 334.3M | 203.13M | 199.34M | 17.87M | 22.38M | 21.92M | 25.76M | 29.61M | 33.67M | 39.33M | 2.67M | 5.35M | 10.27M | 15.69M | 21.28M | 26.86M | 34.04M | 80.43M | 90.56M | 85.78M | 63.41M | 52.76M | 54.6M | 54.29M | 69.73M | 58.92M | 60.65M | 52.7M | 35.4M |
| PP&E (Net) | 428.18M | 432.04M | 406.96M | 429.56M | 430.18M | 204.56M | 226.74M | 270.41M | 124.85M | 130M | 137.41M | 129.43M | 121.93M | 121.61M | 134.56M | 147.38M | 157.72M | 178.42M | 185.93M | 193.06M | 191.49M | 182.86M | 149.07M | 95.63M | 84.68M | 82.81M | 94.26M | 103.4M | 93.26M | 71.9M | 58.7M |
| Other Assets | -77.89B | 5.16B | 3.73B | 3.46B | 3.29B | 1.18B | 1.27B | 1.16B | 967.22M | 946.35M | 965.05M | 1.03B | 930.55M | 589.41M | 590.25M | 450.91M | 453.58M | 430.36M | 409.19M | 481.71M | 599.43M | 434.3M | 413.61M | 355.13M | 429.06M | 276.35M | 268.3M | 257.84M | 197.99M | 79.2M | 133.8M |
| Total Current Assets | 18.77B | 2.46B | 3.3B | 11.98B | 10.34B | 5.32B | 4.18B | 3.72B | 3.73B | 3.44B | 3.84B | 3.94B | 3.72B | 3.61B | 3.75B | 3.44B | 529.4M | 1.35B | 541.66M | 387.09M | 402.45M | 381.74M | 329.86M | 262.55M | 336.66M | 309.13M | 336.52M | 342.54M | 291.61M | 281.1M | 145.1M |
| Total Non-Current Assets | 3.81B | 81.61B | 75.73B | 62.96B | 60.94B | 29.6B | 28.41B | 26.67B | 23.88B | 23.05B | 22.23B | 20.71B | 18.81B | 17.24B | 16.4B | 15.27B | 17.49B | 16.39B | 17.04B | 16.7B | 16.69B | 17.45B | 16.69B | 14.31B | 13.13B | 11.55B | 10.91B | 9.59B | 9.54B | 8.81B | 5.46B |
| Total Assets | 85.58B | 84.07B | 79.03B | 74.95B | 71.28B | 34.92B | 32.59B | 30.39B | 27.61B | 26.49B | 26.07B | 24.64B | 22.53B | 20.85B | 20.15B | 18.71B | 18.03B | 17.74B | 17.58B | 17.2B | 17.1B | 17.84B | 17.02B | 14.57B | 13.47B | 11.86B | 11.25B | 9.93B | 9.84B | 9.1B | 5.61B |
| Asset Growth % | 24.31% | 6.39% | 5.44% | 5.15% | 104.14% | 7.13% | 7.24% | 10.07% | 4.24% | 1.59% | 5.81% | 9.35% | 8.06% | 3.51% | 7.65% | 3.77% | 1.66% | 0.89% | 2.22% | 0.62% | -4.15% | 4.79% | 16.83% | 8.17% | 13.58% | 5.4% | 13.27% | 0.97% | 8.14% | 62.22% | 74.15% |
| Return on Assets (ROA) | 1.22% | 1.23% | 1% | 1.19% | 1.21% | 1.21% | 0.7% | 1.32% | 1.33% | 0.97% | 0.82% | 0.87% | 0.92% | 0.88% | 0.89% | 0.82% | 0.4% | -0.43% | -1.85% | 0.56% | 0.77% | 1.06% | 0.97% | 1.16% | 1.21% | 1.15% | 1.12% | 0.96% | 0.82% | 0.65% | 1.22% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 738.31M | 4.32B | 3.36B | 3.87B | 7.69B | 1.39B | 1.88B | 3.7B | 2.63B | 2.55B | 4.02B | 4.04B | 4.34B | 3.61B | 3.24B | 2.97B | 2.44B | 1.99B | 3.59B | 2.94B | 2.59B | 4.38B | 4.7B | 4.94B | 4.46B | 3.53B | 3.03B | 2.79B | 2.58B | 2.55B | 726M |
| Net Debt | 385.08M | 1.87B | 1.29B | 2.15B | 6.85B | 932.06M | 1.62B | 3.45B | 2.31B | 2.29B | 3.8B | 3.69B | 3.94B | 3.37B | 2.89B | 2.68B | 2.23B | 1.43B | 3.34B | 2.63B | 2.28B | 4.08B | 4.43B | 4.73B | 4.17B | 3.28B | 2.76B | 2.5B | 2.34B | 2.32B | 616.3M |
| Long-Term Debt | 5.55B | 750.17M | 919.29M | 1.06B | 6.53B | 573.93M | 700.83M | 2.49B | 2.05B | 1.9B | 3.07B | 2.89B | 3.09B | 2.13B | 2.16B | 1.81B | 1.35B | 1.13B | 2.02B | 1.7B | 1.7B | 1.64B | 1.66B | 1.58B | 2.29B | 2.53B | 2.38B | 880.58M | 246.85M | 197.5M | 97.8M |
| Short-Term Debt | 69.76M | 3.57B | 2.44B | 2.81B | 1.15B | 674.9M | 995.36M | 1.04B | 581.87M | 643.27M | 949.53M | 1.15B | 1.25B | 1.48B | 1.08B | 1.16B | 1.09B | 856.85M | 1.57B | 1.24B | 893.21M | 2.74B | 3.04B | 3.36B | 2.17B | 1B | 650.15M | 1.91B | 2.33B | 2.35B | 628.2M |
| Other Liabilities | 70.39B | 1.5B | 1.78B | 1.6B | 0 | -144.8M | -24.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 160.71M | 164.48M | 171.32M | 196.93M | 97.69M | 239.92M | 91.5M | 187.81M | 116.96M | 121.42M | 115.4M | 86.8M |
| Total Current Liabilities | 69.76M | 72.33B | 67.2B | 63.59B | 56.69B | 30.93B | 28.52B | 24.52B | 22.67B | 21.88B | 20.48B | 19.34B | 17.12B | 16.51B | 15.89B | 15.06B | 14.9B | 14.65B | 13.68B | 13.59B | 13.35B | 14.37B | 13.61B | 11.73B | 9.77B | 8.07B | 7.59B | 8.1B | 8.64B | 8.07B | 5.09B |
| Total Non-Current Liabilities | 75.94B | 2.25B | 2.69B | 2.66B | 6.53B | 551.15M | 834.69M | 2.66B | 2.05B | 1.9B | 3.07B | 2.89B | 3.09B | 2.13B | 2.16B | 1.81B | 1.35B | 1.13B | 2.02B | 1.86B | 1.86B | 1.81B | 1.86B | 1.68B | 2.53B | 2.62B | 2.57B | 997.54M | 368.27M | 312.9M | 184.6M |
| Total Liabilities | 76.01B | 74.58B | 69.89B | 66.26B | 63.22B | 31.48B | 29.36B | 27.18B | 24.72B | 23.79B | 23.55B | 22.23B | 20.21B | 18.64B | 18.05B | 16.87B | 16.26B | 15.78B | 15.7B | 15.46B | 15.21B | 16.18B | 15.47B | 13.41B | 12.3B | 10.69B | 10.16B | 9.1B | 9.01B | 8.38B | 5.27B |
| Total Equity | 9.57B | 9.49B | 9.13B | 8.69B | 8.06B | 3.44B | 3.23B | 3.21B | 2.89B | 2.7B | 2.53B | 2.41B | 2.32B | 2.21B | 2.09B | 1.85B | 1.78B | 1.96B | 1.88B | 1.75B | 1.88B | 1.66B | 1.55B | 1.16B | 1.17B | 1.17B | 1.09B | 835.24M | 826.03M | 711.9M | 336.8M |
| Equity Growth % | 16.82% | 3.93% | 5.1% | 7.87% | 134.31% | 6.3% | 0.84% | 11.13% | 6.83% | 6.92% | 4.68% | 3.92% | 5.14% | 5.52% | 13.42% | 3.76% | -9.15% | 3.94% | 7.88% | -7.3% | 13.7% | 6.65% | 33.64% | -0.33% | 0.02% | 6.98% | 30.49% | 1.12% | 16.03% | 111.37% | 60.38% |
| Equity / Assets (Capital Ratio) | 11.19% | 11.29% | 11.56% | 11.6% | 11.3% | 9.85% | 9.92% | 10.56% | 10.45% | 10.2% | 9.69% | 9.8% | 10.31% | 10.59% | 10.39% | 9.86% | 9.86% | 11.04% | 10.71% | 10.15% | 11.02% | 9.29% | 9.13% | 7.98% | 8.66% | 9.83% | 9.69% | 8.41% | 8.4% | 7.83% | 6.01% |
| Return on Equity (ROE) | 10.8% | 10.77% | 8.63% | 10.36% | 11.21% | 12.25% | 6.85% | 12.56% | 12.9% | 9.77% | 8.38% | 8.64% | 8.81% | 8.34% | 8.82% | 8.35% | 3.87% | -3.94% | -17.68% | 5.33% | 7.56% | 11.54% | 11.33% | 14.02% | 13.1% | 11.81% | 12.29% | 11.48% | 10.15% | 9.08% | 19.75% |
| Book Value per Share | 59.89 | 59.11 | 53.66 | 50.13 | 47.69 | 38.12 | 35.88 | 34.91 | 31.30 | 29.26 | 27.51 | 26.37 | 25.63 | 24.48 | 22.84 | 20.13 | 21.65 | 30.63 | 36.21 | 31.75 | 34.84 | 30.55 | 30.09 | 24.85 | 24.10 | 23.44 | 23.50 | 18.40 | 17.89 | 26.01 | 14.09 |
| Tangible BV per Share | 38.01 | 39.11 | 34.85 | 33.78 | 31.63 | 31.95 | 29.66 | 28.81 | 25.18 | 23.11 | 21.28 | 20.06 | 19.76 | 18.55 | 16.95 | 14.18 | 14.94 | 21.92 | 25.37 | 30.29 | 33.17 | 28.97 | 28.87 | 23.72 | 22.97 | 22.35 | 21.99 | 17.10 | 16.58 | 24.09 | 12.61 |
| Common Stock | 9.29B | 1.83M | 1.83M | 1.83M | 1.83M | 937K | 937K | 937K | 937K | 937K | 937K | 937K | 936K | 934K | 907K | 907K | 907K | 820K | 566K | 566K | 564K | 541K | 536K | 495K | 495K | 495K | 495K | 452K | 457K | 0 | 0 |
| Additional Paid-in Capital | 0 | 6.18B | 6.18B | 6.18B | 6.17B | 1.11B | 1.11B | 1.11B | 1.11B | 1.12B | 1.13B | 1.12B | 1.13B | 1.13B | 1.15B | 1.15B | 1.16B | 1.01B | 733.49M | 734.6M | 726.89M | 619.64M | 605.7M | 416.01M | 415.07M | 415.19M | 416.33M | 301.34M | 308.79M | 0 | 0 |
| Retained Earnings | 4.66B | 4.48B | 3.76B | 3.28B | 2.71B | 2.33B | 2.08B | 2.06B | 1.83B | 1.6B | 1.43B | 1.32B | 1.2B | 1.08B | 1B | 865.43M | 741.87M | 708.02M | 783.88M | 1.18B | 1.15B | 1.08B | 942.83M | 833.36M | 707.53M | 590.25M | 490.08M | 400.41M | 325.81M | 258M | 169.6M |
| Accumulated OCI | -430.55M | -350.84M | -556.38M | -550.57M | -684.96M | -22.58M | 42.26M | -36.07M | -130.65M | -91.53M | -76.99M | -78.11M | -56.26M | -48.55M | -32.27M | -60.2M | -13.71M | -28.39M | -105.91M | -15.9M | -3.32M | -27.88M | -4.54M | 15.75M | 46.68M | 10.66M | -3.17M | -63.26M | 19.32M | 20.5M | 2M |
| Treasury Stock | 0 | -1.1B | -536.84M | -507.52M | -431.76M | -126.95M | -140.66M | -76.73M | -71.5M | -70.43M | -70.9M | -71.85M | -103.29M | -100.92M | -172.81M | -134.64M | -149.46M | -161.91M | -154.22M | -166.26M | 0 | -21.07M | -547K | -112.71M | -134.32M | -10.14M | -13.36M | -3.27M | -27.91M | 0 | 0 |
| Preferred Stock | 283.98M | 283.98M | 283.98M | 283.98M | 283.98M | 145.04M | 145.04M | 145.04M | 145.04M | 145.06M | 122.71M | 122.71M | 151.65M | 151.65M | 151.65M | 28.94M | 28.94M | 422.11M | 616.33M | 0 | 0 | 0 | 0 | 0 | 0 | 9.58M | 49.58M | 49.58M | 49.58M | 0 | 0 |
Commercial Real Estate Concentration
As reported in recent financial statements, Webster Financial Corporation's total assets grew from $74.9 billion in 2023Q4 to $85.6 billion by 2026Q1, a trend largely driven by the aggressive expansion of the investment securities portfolio rather than organic loan book growth.
The shift toward a larger securities portfolio suggests a strategic pivot to manage liquidity while awaiting more favorable commercial lending conditions. Investors should monitor whether this asset mix shift reflects a defensive posture against regional economic volatility or a temporary parking of excess capital.
Based on the provided quarterly figures, the bank has maintained a consistent equity-to-assets ratio of approximately 0.11 to 0.12, indicating that capital accumulation has kept pace with the expansion of the balance sheet over the last ten quarters.
This stability suggests that management is successfully balancing asset growth with internal capital generation. However, the maintenance of this ratio warrants further investigation into whether the bank is utilizing its capital buffer efficiently or if it remains constrained by the integration of recent merger-related assets.
According to recent SEC filings, the bank's cash and cash equivalents fluctuated significantly, peaking at $3.2 billion in 2024Q3 before settling at $353.2 million in 2026Q1, which may indicate a deployment of liquidity into higher-yielding investment securities during the observed period.
The reduction in cash balances appears to correlate with the growth in the investment securities portfolio, suggesting a deliberate effort to optimize the yield on liquid assets. Analysts should assess whether this lower cash position limits the bank's flexibility to respond to sudden deposit outflows or unexpected credit events.
As indicated by the data, the bank's investment securities portfolio has expanded to $77.9 billion by 2026Q1, representing the vast majority of total assets and creating a significant sensitivity to interest rate fluctuations that could impact the bank's tangible book value.
This heavy concentration in securities may mask underlying credit risks while introducing duration risk that is not immediately apparent in the net interest margin. Investors should monitor the duration of this portfolio, as any sustained upward pressure on long-term rates may necessitate further adjustments to the bank's capital position.
Quick answers to the most common questions about buying WBS stock.
As of 2025, Webster Financial Corporation (WBS) had total assets of $84.07B including $2.46B in current assets.
Webster Financial Corporation (WBS) carries total debt of $4.32B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Webster Financial Corporation (WBS) has total shareholders' equity (book value) of $9.49B ($59.11 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Webster Financial Corporation (WBS) reported a current ratio of 0.03x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.