WBS financial statements

The full income statement, balance sheet, and cash-flow statement for Webster Financial Corporation (WBS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 171.4M2024-09 171.4M2024-12 171.3M2025-03 168.2M2025-06 166.2M2025-09 161.3M2025-12 161.2M2026-03 162.0M2026-06 162.0M-5.5% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.90B YoY+11.9%	2.59B YoY-2.3%	2.65B YoY+7.1%	2.48B YoY+102.1%	1.22B YoY+4.1%
Noninterest income	402M YoY+59.4%	252M YoY-19.9%	314M YoY-28.7%	441M YoY+36.3%	323M YoY+13.4%
Selling & marketing	21.0M YoY+11.9%	18.8M YoY+0.7%	18.6M YoY+13.3%	16.4M YoY+36.4%	12.1M YoY-14.7%
Restructuring	—	—	32.1M YoY-54.3%	70.2M YoY+543.9%	10.9M YoY-61.9%
Amortization of intangibles	36.3M YoY+0.6%	36.1M YoY-0.3%	36.2M YoY+13.4%	31.9M YoY+607.7%	4.51M YoY+8.5%
Noninterest expense	1.43B YoY+5.8%	1.35B YoY-4.6%	1.42B YoY+1.4%	1.40B YoY+87.4%	745M YoY-1.8%
Provision for credit losses	210M YoY-5.4%	222M YoY+47.3%	151M YoY-46.3%	281M YoY+614.9%	-54.5M YoY-139.6%
Operating income	1.47B YoY+18.7%	1.24B YoY+0.3%	1.24B YoY+14.5%	1.08B YoY+125.0%	479M YoY+14.8%
Interest expense	1.52B YoY-4.1%	1.59B YoY+23.1%	1.29B YoY+415.5%	250M YoY+499.8%	41.8M YoY-62.3%
Interest & investment income	4.02B YoY+2.4%	3.93B YoY+8.2%	3.63B YoY+58.8%	2.28B YoY+142.3%	943M YoY-5.9%
Net interest income	2.50B YoY+6.8%	2.34B YoY+0.0%	2.34B YoY+14.9%	2.03B YoY+125.8%	901M YoY+1.1%
Pre-tax income	1.26B YoY+23.9%	1.02B YoY-6.2%	1.08B YoY+35.9%	798M YoY+49.5%	534M YoY+90.7%
Income tax	257M YoY+3.6%	248M YoY+14.6%	217M YoY+41.0%	154M YoY+23.0%	125M YoY+110.6%
	1.00B YoY+30.5%	769M YoY-11.4%	868M YoY+34.7%	644M YoY+57.6%	409M YoY+85.3%
Net income to common	975M YoY+31.0%	744M YoY-11.8%	843M YoY+34.2%	628M YoY+57.6%	399M YoY+88.5%
	$5.90 YoY+35.0%	$4.37 YoY-11.0%	$4.91 YoY+32.0%	$3.72 YoY-15.8%	$4.42 YoY+88.1%
EPS (basic)	$5.91 YoY+34.9%	$4.38 YoY-10.8%	$4.91 YoY+32.0%	$3.72 YoY-16.0%	$4.43 YoY+88.5%
	165M YoY-2.9%	170M YoY-1.1%	172M YoY+2.6%	167M YoY+86.1%	90.0M YoY+0.0%
	165M YoY-2.9%	170M YoY-1.0%	172M YoY+2.6%	168M YoY+85.7%	90.2M YoY+0.1%
Dividends per share	$1.60 YoY+0.0%	$1.60 YoY+0.0%	$1.60 YoY+0.0%	$1.60 YoY+98.4%	$0.81 YoY-49.8%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	2.45B YoY+18.1%	2.07B YoY+20.9%	1.72B YoY+104.3%	840M YoY+82.0%	462M YoY+75.4%
	84.1B YoY+6.4%	79.0B YoY+5.4%	74.9B YoY+5.1%	71.3B YoY+104.1%	34.9B YoY+7.1%
Property, plant & equipment	432M YoY+6.2%	407M YoY-5.3%	430M YoY+79.6%	239M YoY+182.5%	84.6M YoY-14.7%
Operating lease right-of-use	177M YoY+7.8%	164M YoY-10.7%	183M YoY-4.0%	191M YoY+59.3%	120M YoY-5.9%
Goodwill	2.90B YoY+1.0%	2.87B YoY+9.0%	2.63B YoY+4.7%	2.51B YoY+367.0%	538M YoY+0.0%
Intangible assets	313M YoY-6.3%	334M YoY+64.6%	203M YoY+1.9%	199M YoY+1015.6%	17.9M YoY-20.2%
Deferred tax assets	196M YoY-38.2%	317M YoY-14.2%	369M YoY-0.7%	372M YoY+239.7%	109M YoY+34.6%
	74.6B YoY+6.7%	69.9B YoY+5.5%	66.3B YoY+4.8%	63.2B YoY+100.8%	31.5B YoY+7.2%
Long-term debt	739M YoY-18.7%	909M YoY-13.3%	1.05B YoY-2.3%	1.07B YoY+90.6%	563M YoY-0.8%
Operating lease liability (total)	203M YoY+4.9%	193M YoY-13.2%	222M YoY-7.0%	239M YoY+65.2%	145M YoY-8.5%
	9.49B YoY+3.9%	9.13B YoY+5.1%	8.69B YoY+7.9%	8.06B YoY+134.3%	3.44B YoY+6.3%
Common stock	1.83M YoY+0.0%	1.83M YoY+0.0%	1.83M YoY+0.0%	1.83M YoY+95.1%	937K YoY+0.0%
Additional paid-in capital	6.18B YoY+0.0%	6.18B YoY+0.0%	6.18B YoY+0.1%	6.17B YoY+456.9%	1.11B YoY-0.1%
Retained earnings	4.48B YoY+19.1%	3.76B YoY+14.5%	3.28B YoY+21.0%	2.71B YoY+16.3%	2.33B YoY+12.3%
Treasury stock	1.10B YoY+105.6%	537M YoY+5.8%	508M YoY+17.5%	432M YoY+240.1%	127M YoY-9.7%
Accumulated other comprehensive income	-351M YoY+36.9%	-556M YoY-1.1%	-551M YoY+19.6%	-685M YoY-2933.5%	-22.6M YoY-153.4%
Total equity incl. non-controlling	9.49B YoY+3.9%	9.13B YoY+5.1%	8.69B YoY+7.9%	8.06B YoY+134.3%	3.44B YoY+6.3%
Total liabilities & equity	84.1B YoY+6.4%	79.0B YoY+5.4%	74.9B YoY+5.1%	71.3B YoY+104.1%	34.9B YoY+7.1%
	183M YoY+0.0%	183M YoY+0.0%	183M YoY+0.0%	183M YoY+95.1%	93.7M YoY+0.0%
	161M YoY-5.9%	171M YoY-0.4%	172M YoY-1.1%	174M YoY+92.1%	90.6M YoY+0.4%
	161M YoY-5.9%	171M YoY-0.2%	172M YoY-1.3%	174M YoY-3.1%	180M YoY+98.9%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.06B YoY-24.7%	1.40B YoY+43.5%	979M YoY-26.7%	1.34B YoY+94.0%	689M YoY+80.9%
Depreciation & amortization	73.3M YoY+2.5%	71.5M YoY-6.5%	76.5M YoY-6.5%	81.8M YoY+127.8%	35.9M YoY-1.9%
Intangible amortization	36.3M YoY+0.6%	36.1M YoY-0.3%	36.2M YoY+13.4%	31.9M YoY+607.7%	4.51M YoY+8.5%
Share-based compensation	56.8M YoY+3.1%	55.1M YoY+1.9%	54.1M YoY-0.0%	54.1M YoY+296.0%	13.7M YoY+12.2%
Deferred income taxes	47.6M YoY+161.7%	18.2M YoY+133.9%	-53.6M YoY+23.0%	-69.7M YoY-1293.8%	-5.00M YoY+84.0%
Other operating activities	-16.0M YoY-0.3%	-16.0M YoY-679.6%	2.76M YoY-33.2%	4.13M	—
	-4.75B YoY-22.7%	-3.87B YoY-49.1%	-2.60B YoY+63.9%	-7.19B YoY-198.8%	-2.41B YoY-5.1%
Capital expenditure	49.6M YoY+38.3%	35.8M YoY-11.1%	40.3M YoY+40.1%	28.8M YoY+73.4%	16.6M YoY-22.0%
Free cash flow	1.01B YoY-26.3%	1.37B YoY+45.8%	938M YoY-28.2%	1.31B YoY+94.5%	672M YoY+87.0%
Acquisitions	0.00	0.00	0.00 YoY-100.0%	54.4M	0.00
Sales/maturities of investments	1.29B YoY+44.7%	893M YoY+51.0%	591M YoY-21.6%	755M YoY-19.4%	936M YoY+49.1%
Proceeds from sale of PP&E	4.34M YoY-35.9%	6.77M YoY-1.8%	6.89M YoY+2198.0%	300K YoY-90.7%	3.22M YoY+271.9%
Other investing activities	293M YoY+83.3%	160M YoY+483.5%	27.4M YoY+10.2%	24.9M YoY+119.1%	11.4M YoY-7.2%
	4.06B YoY+44.0%	2.82B YoY+13.3%	2.49B YoY-60.0%	6.23B YoY+225.3%	1.91B YoY+0.1%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	594M YoY+807.7%	65.4M YoY-39.4%	108M YoY-66.5%	322M	0.00 YoY-100.0%
Dividends paid	267M YoY-2.8%	275M YoY-1.3%	278M YoY+12.3%	248M YoY+71.1%	145M YoY-0.1%
Net change in cash	375M YoY+4.6%	359M YoY-59.1%	876M YoY+131.5%	378M YoY+90.6%	198M YoY+3710.1%
Interest paid	1.55B YoY-3.8%	1.61B YoY+29.0%	1.25B YoY+418.4%	241M YoY+471.4%	42.2M YoY-64.3%
Income taxes paid	85.4M YoY-31.6%	125M YoY-46.8%	235M YoY+21.2%	194M YoY+71.9%	113M YoY+19.7%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	10.1B YoY+7.2%	9.46B YoY+8.4%	8.73B YoY+6.0%	8.24B YoY-17.9%	10.0B YoY+163.5%
P/E	10.1× YoY-17.8%	12.3× YoY+30.7%	9.4× YoY-41.6%	16.1× YoY-34.2%	24.5× YoY+42.2%
P/S	3.5× YoY-4.2%	3.7× YoY+13.8%	3.2× YoY-18.7%	3.9× YoY-51.8%	8.2× YoY+153.2%
P/B	1.1× YoY+3.2%	1.0× YoY-2.7%	1.1× YoY+1.2%	1.1× YoY-63.9%	2.9× YoY+147.9%
P/FCF	10.1× YoY+45.5%	6.9× YoY-11.2%	7.8× YoY+19.2%	6.5× YoY-56.2%	14.9× YoY+40.9%
	9.9% YoY+21.6%	8.1% YoY-23.5%	10.6% YoY+71.3%	6.2% YoY+52.0%	4.1% YoY-29.7%
	9.9% YoY-31.3%	14.5% YoY+12.6%	12.8% YoY-16.1%	15.3% YoY+128.5%	6.7% YoY-29.0%
	2.5% YoY-12.3%	2.9% YoY-8.1%	3.2% YoY-6.7%	3.4% YoY+134.1%	1.4% YoY-62.1%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: WBS's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all WBS filings on SEC EDGAR → Not investment advice.