WBS is no longer listed. Its last trade on record was Aug 20, 2026. The price and figures on this page are from its last trading day and final filings, and are no longer updated.
Net interest income grew 1.9% sequentially to $632.7M in 2026Q2, with NIM stabilizing at 0.7% and efficiency ratio improving to 34.4%, though non-interest income swung from $0 to $107.2M quarter-over-quarter.
Webster Financial Corporation (WBS) annual income statement — 30-year revenue, gross profit & net income history
| 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 |
|---|
| Net Interest Income | 2.53B | 2.5B | 2.34B | 2.34B | 2.03B | 901.09M | 891.39M | 955.13M | 906.68M | 796.29M | 718.51M | 664.63M | 628.44M | 596.73M | 578.91M | 563.77M | 537.27M | 494.64M | 505.79M | 508.19M | 508.55M | 517.34M | 468.16M | 413.52M | 405.73M | 367.48M | 326.52M | 303.51M | 282.61M | 285.76M | 222.1M |
| NII Growth % | 16.58% | 6.82% | 0.05% | 14.89% | 125.76% | 1.09% | -6.67% | 5.34% | 13.86% | 10.82% | 8.11% | 5.76% | 5.31% | 3.08% | 2.69% | 4.93% | 8.62% | -2.21% | -0.47% | -0.07% | -1.7% | 10.5% | 13.21% | 1.92% | 10.41% | 12.55% | 7.58% | 7.4% | -1.1% | 28.66% | 64.15% |
| Net Interest Margin % | 2.95% | 2.97% | 2.96% | 3.12% | 2.85% | 2.58% | 2.74% | 3.14% | 3.28% | 3.01% | 2.76% | 2.7% | 2.79% | 2.86% | 2.87% | 3.01% | 2.98% | 2.79% | 2.88% | 2.95% | 2.97% | 2.9% | 2.75% | 2.84% | 3.01% | 3.1% | 2.9% | 3.06% | 2.87% | 3.14% | 3.96% |
| Interest Income | 4.06B | 4.02B | 3.93B | 3.63B | 2.28B | 942.84M | 1B | 1.15B | 1.06B | 913.61M | 821.91M | 760.04M | 718.94M | 687.64M | 693.5M | 699.72M | 708.65M | 745.34M | 869.27M | 995.6M | 1.01B | 871.85M | 732.11M | 658.72M | 692.03M | 757.24M | 738.91M | 645.79M | 682.24M | 633.07M | 507M |
| Interest Expense | 1.52B | 1.52B | 1.59B | 1.29B | 250.45M | 41.76M | 110.66M | 199.46M | 148.49M | 117.32M | 103.4M | 95.42M | 90.5M | 90.91M | 114.59M | 135.96M | 171.38M | 250.7M | 363.48M | 487.4M | 506.19M | 354.51M | 263.95M | 245.2M | 286.31M | 389.76M | 412.39M | 342.28M | 399.63M | 347.31M | 284.9M |
| Loan Loss Provision | 117.5M | 210M | 222M | 150.75M | 280.62M | -54.5M | 137.75M | 37.8M | 42M | 40.9M | 56.35M | 49.3M | 37.25M | 33.5M | 21.5M | 22.5M | 115M | 303M | 186.3M | 67.75M | 11M | 9.5M | 18M | 25M | 29M | 14.4M | 11.8M | 9M | 8.1M | 26.45M | 13.1M |
| Non-Interest Income | 321.5M | 401.52M | 240.24M | 314.34M | 438.24M | 322.14M | 285.28M | 285.31M | 282.57M | 259.46M | 264.48M | 237.53M | 201.82M | 191.05M | 192.76M | 177.04M | 201.22M | 209.59M | -28.05M | 205.88M | 180.48M | 176.5M | 219.71M | 232.48M | 185.57M | 162.1M | 128.82M | 92.63M | 82.64M | 47.72M | 52M |
| Non-Interest Income % | 11.27% | 13.85% | 9.32% | 11.85% | 17.72% | 26.33% | 24.24% | 23% | 23.76% | 24.58% | 26.91% | 26.33% | 24.31% | 24.25% | 24.98% | 23.9% | 27.25% | 29.76% | -5.87% | 28.83% | 26.19% | 25.44% | 31.94% | 35.99% | 31.38% | 30.61% | 28.29% | 23.38% | 22.63% | 14.31% | 18.97% |
| Total Net Revenue | 2.85B | 2.9B | 2.58B | 2.65B | 2.47B | 1.22B | 1.18B | 1.24B | 1.19B | 1.06B | 982.99M | 902.16M | 830.26M | 787.78M | 771.67M | 740.81M | 738.5M | 704.23M | 477.74M | 714.07M | 689.03M | 693.84M | 687.87M | 646M | 591.3M | 529.58M | 455.34M | 396.14M | 365.25M | 333.48M | 274.1M |
| Revenue Growth % | 4.54% | 12.44% | -2.75% | 7.24% | 102.13% | 3.96% | -5.14% | 4.3% | 12.64% | 7.4% | 8.96% | 8.66% | 5.39% | 2.09% | 4.17% | 0.31% | 4.87% | 47.41% | -33.1% | 3.63% | -0.69% | 0.87% | 6.48% | 9.25% | 11.66% | 16.3% | 14.94% | 8.46% | 9.53% | 21.66% | 67.95% |
| Non-Interest Expense | 1.56B | 1.43B | 1.34B | 1.42B | 1.39B | 743.86M | 758.95M | 715.95M | 705.62M | 661.06M | 623.19M | 555.1M | 501.31M | 497.71M | 501.8M | 510.98M | 538.97M | 529.88M | 675.17M | 487.54M | 485.21M | 416.77M | 447.14M | 377.98M | 328.32M | 308.93M | 267.13M | 244.46M | 229.43M | 229.53M | 174.4M |
| Efficiency Ratio | 54.61% | 49.29% | 51.95% | 53.41% | 56.38% | 60.81% | 64.5% | 57.72% | 59.33% | 62.62% | 63.4% | 61.53% | 60.38% | 63.18% | 65.03% | 68.98% | 72.98% | 75.24% | 141.33% | 68.28% | 70.42% | 60.07% | 65% | 58.51% | 55.53% | 58.34% | 58.67% | 61.71% | 62.82% | 68.83% | 63.63% |
| Operating Income | 1.18B | 1.26B | 1.02B | 1.08B | 797.98M | 533.86M | 279.97M | 486.69M | 441.63M | 353.79M | 303.45M | 297.76M | 291.7M | 256.57M | 248.36M | 207.33M | 84.52M | -128.65M | -383.73M | 158.78M | 192.82M | 267.57M | 222.73M | 243.02M | 233.98M | 206.25M | 176.41M | 142.68M | 127.71M | 77.5M | 86.6M |
| Operating Margin % | 41.28% | 43.46% | 39.44% | 40.9% | 32.27% | 43.64% | 23.79% | 39.24% | 37.14% | 33.51% | 30.87% | 33.01% | 35.13% | 32.57% | 32.19% | 27.99% | 11.45% | -18.27% | -80.32% | 22.24% | 27.98% | 38.56% | 32.38% | 37.62% | 39.57% | 38.95% | 38.74% | 36.02% | 34.97% | 23.24% | 31.59% |
| Operating Income Growth % | - | 23.91% | -6.22% | 35.91% | 49.47% | 90.68% | -42.47% | 10.2% | 24.83% | 16.59% | 1.91% | 2.08% | 13.69% | 3.3% | 19.79% | 145.3% | 165.7% | 66.47% | -341.67% | -17.65% | -27.94% | 20.13% | -8.35% | 3.86% | 13.45% | 16.91% | 23.64% | 11.72% | 64.79% | -10.51% | 93.3% |
| Pretax Income | 1.28B | 1.26B | 1.02B | 1.08B | 797.98M | 533.86M | 279.97M | 486.69M | 441.63M | 353.79M | 303.45M | 297.76M | 291.7M | 256.57M | 248.36M | 207.33M | 84.52M | -128.65M | -383.73M | 158.78M | 192.82M | 267.57M | 222.73M | 243.02M | 233.98M | 206.25M | 176.41M | 142.68M | 127.71M | 77.5M | 86.6M |
| Pretax Margin % | 44.83% | 43.46% | 39.44% | 40.9% | 32.27% | 43.64% | 23.79% | 39.24% | 37.14% | 33.51% | 30.87% | 33.01% | 35.13% | 32.57% | 32.19% | 27.99% | 11.45% | -18.27% | -80.32% | 22.24% | 27.98% | 38.56% | 32.38% | 37.62% | 39.57% | 38.95% | 38.74% | 36.02% | 34.97% | 23.24% | 31.59% |
| Income Tax | 259.1M | 257.35M | 248.3M | 216.66M | 153.69M | 125M | 59.35M | 103.97M | 81.22M | 98.35M | 96.32M | 93.03M | 91.97M | 77.11M | 74.67M | 57.95M | 12.36M | -52.74M | -65.84M | 48.09M | 59.14M | 85.04M | 68.9M | 79.77M | 73.97M | 69.43M | 58.12M | 47.33M | 49.69M | 29.89M | 32.6M |
| Effective Tax Rate % | 20.26% | 20.42% | 24.41% | 19.98% | 19.26% | 23.41% | 21.2% | 21.36% | 18.39% | 27.8% | 31.74% | 31.24% | 31.53% | 30.06% | 30.06% | 27.95% | 14.62% | 40.99% | 17.16% | 30.29% | 30.67% | 31.78% | 30.93% | 32.83% | 31.61% | 33.66% | 32.94% | 33.17% | 38.91% | 38.56% | 37.64% |
| Net Income | 1.02B | 1B | 768.71M | 867.84M | 644.28M | 408.86M | 220.62M | 382.72M | 360.42M | 255.44M | 207.13M | 204.73M | 199.73M | 179.46M | 173.7M | 151.38M | 72.25M | -75.63M | -320.97M | 96.77M | 133.79M | 185.19M | 153.83M | 163.25M | 152.73M | 133.19M | 118.29M | 95.35M | 78.02M | 47.61M | 54M |
| Net Margin % | 35.75% | 34.59% | 29.81% | 32.73% | 26.06% | 33.43% | 18.75% | 30.85% | 30.31% | 24.2% | 21.07% | 22.69% | 24.06% | 22.78% | 22.51% | 20.43% | 9.78% | -10.74% | -67.18% | 13.55% | 19.42% | 26.69% | 22.36% | 25.27% | 25.83% | 25.15% | 25.98% | 24.07% | 21.36% | 14.28% | 19.7% |
| Net Income Growth % | 19.09% | 30.45% | -11.42% | 34.7% | 57.58% | 85.32% | -42.35% | 6.19% | 41.1% | 23.32% | 1.17% | 2.5% | 11.3% | 3.32% | 14.74% | 109.51% | 195.53% | 76.44% | -431.67% | -27.67% | -27.76% | 20.39% | -5.77% | 6.89% | 14.67% | 12.59% | 24.06% | 22.21% | 63.86% | -11.83% | 84.3% |
| Net Income (Continuing) | 1.02B | 1B | 768.71M | 867.84M | 644.28M | 408.86M | 220.62M | 382.72M | 360.42M | 255.44M | 207.13M | 204.73M | 199.73M | 179.46M | 173.7M | 149.38M | 72.16M | -75.91M | -317.89M | 110.7M | 133.68M | 182.53M | 153.83M | 163.25M | 160.01M | 136.81M | 118.29M | 95.35M | 78.02M | 47.61M | 54M |
| EPS (Diluted) | 6.37 | 5.91 | 4.37 | 4.91 | 3.72 | 4.42 | 2.35 | 4.06 | 3.81 | 2.67 | 2.16 | 2.13 | 2.08 | 1.86 | 1.86 | 1.61 | 0.60 | -2.14 | -6.42 | 1.76 | 2.47 | 3.42 | 2.98 | 3.49 | 3.16 | 2.68 | 2.55 | 2.10 | 1.69 | 1.74 | 0.68 |
| EPS Growth % | 24.75% | 35.24% | -11% | 31.99% | -15.84% | 88.09% | -42.12% | 6.56% | 42.7% | 23.61% | 1.41% | 2.4% | 11.83% | 0% | 15.53% | 168.33% | 128.04% | 66.67% | -464.77% | -28.74% | -27.78% | 14.77% | -14.61% | 10.44% | 17.91% | 5.1% | 21.43% | 24.26% | -2.87% | 155.88% | 21.43% |
| EPS (Basic) | - | 5.92 | 4.38 | 4.91 | 3.72 | 4.43 | 2.35 | 4.07 | 3.83 | 2.68 | 2.17 | 2.15 | 2.10 | 1.90 | 1.96 | 1.69 | 0.63 | -1.40 | -6.42 | 1.78 | 2.50 | 3.46 | 3.03 | 3.55 | 3.21 | 2.71 | 2.58 | 2.14 | 1.72 | 1.74 | 0.72 |
| Diluted Shares Outstanding | 160.18M | 160.6M | 170.19M | 173.36M | 168.91M | 90.21M | 90.15M | 91.88M | 92.23M | 92.36M | 91.86M | 91.53M | 90.62M | 90.26M | 91.65M | 91.69M | 82.17M | 63.92M | 52.02M | 55M | 54.06M | 54.24M | 51.62M | 46.78M | 48.39M | 49.74M | 46.39M | 45.41M | 46.16M | 27.36M | 23.9M |
Quick answers to the most common questions about buying WBS stock.
For fiscal year 2025, Webster Financial Corporation (WBS) reported total revenue of $2.90B. This represents a 957.8% increase compared to $274.1M in 1996.
Webster Financial Corporation (WBS) is profitable, generating $1.00B in net income for the fiscal year ending 2025 with a net profit margin of 22.7%.
Webster Financial Corporation (WBS) reported an operating income of $1.26B, resulting in an operating profit margin of 28.5%. This margin reflects the operational efficiency of the business before interest and taxes.
Webster Financial Corporation (WBS) generated $2.69B in gross profit for the year, representing a gross profit margin of 60.8%. This demonstrates the company's core pricing power and production efficiency.
Key Metrics
Top Statement Risk
Fee income volatility and NIM compression
Metrics are mathematically derived from official filings.
Steady NII Growth Amid Rate Stability
Net interest income rose 1.9% sequentially to $632.7M in 2026Q2, with year-over-year growth of 8.5% from 2025Q2, according to reported figures.
The sequential increase is modest, suggesting loan growth is offsetting any margin pressure. The year-over-year improvement indicates a stable rate environment and continued balance sheet expansion. However, the pace of growth has slowed from the 8.5% seen in 2025Q2, implying that the benefits of higher rates are waning.
NIM Stabilizes at Low Levels
Net interest margin held at 0.7% in 2026Q2, unchanged from the prior quarter, as per financial statements, indicating a plateau after earlier declines.
The NIM remains low, reflecting a high-cost deposit base and competitive loan pricing. The stability suggests that funding costs are no longer rising, but the margin is still below peer averages. Investors should monitor whether the bank can improve asset yields without increasing credit risk.
Efficiency Ratio Improves Sharply
Efficiency ratio dropped to 34.4% in 2026Q2 from 43.6% in 2026Q1, as per reported data, reflecting strong expense control and revenue growth.
The improvement is notable, but the 2026Q1 figure was distorted by a zero non-interest income line, which likely understated revenue. Excluding that anomaly, the efficiency ratio has been consistently in the low 30s, indicating solid operating leverage. This suggests the bank is managing expenses well relative to its revenue base.
Provision Expense Declines Sequentially
Provision for loan losses fell to $31.5M in 2026Q2 from $42.0M in 2025Q4, based on reported figures, signaling improving credit conditions.
The decline in provisioning suggests that credit quality is stabilizing or improving, which is positive for earnings. However, the provision remains elevated compared to 2024 levels, indicating that the bank is still building reserves. This may reflect a cautious outlook on certain loan segments, warranting continued monitoring.
Fee Income Volatility Raises Concerns
Non-interest income swung from $0 in 2026Q1 to $107.2M in 2026Q2, as per financial statements, highlighting significant quarter-to-quarter variability.
The zero fee income in 2026Q1 is unusual and may indicate a one-time adjustment or reclassification. The rebound in 2026Q2 brings fee income back to historical levels, but the volatility complicates revenue forecasting. Investors should assess the composition of these fees to determine their recurrence and sustainability.
Earnings Quality Questioned by Fee Swings
The $107.2M non-interest income in 2026Q2 contrasts with $0 in 2026Q1, per reported data, suggesting potential earnings management or one-time items.
Such a dramatic swing in fee income is atypical and may indicate that the bank is relying on non-recurring gains to boost revenue. If these fees are not recurring, the underlying earnings power may be weaker than reported. Additionally, the low NIM and modest NII growth suggest that the bank's core profitability is under pressure, and the fee volatility could mask this trend.