WBS FY 2025 Earnings Report — Webster Financial Corporation Revenue & Financial Results | Market Cap Arena

Webster Financial CorporationWBS

FY 2025 Earnings

Reported February 27, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$4.4B	—	$4.2B	—	6.1%
Op. Income	$1.3B	—	$1.0B	—	23.9%
Gross Margin	60.8%	—	56.5%	—	4.3pp
Net Margin	22.7%	—	18.4%	—	4.2pp
EPS (Diluted)	$5.91	—	$4.37	—	35.2%
Free Cash Flow	$1.0B	—	$1.4B	—	-26.3%

Revenue Flow

Item	Amount
REVENUE	$4.4B
Cost of Revenue	$1.7B
GROSS PROFIT	$2.7B
R&D Expenses	$48M
Selling & Marketing	$34M
General & Administrative	$716M
SG&A Expenses	$750M
Other Expenses	$632M
Operating Expenses	$1.4B
Cost & Expenses	$3.2B
OPERATING INCOME	$1.3B
Interest Income	$4.0B
Interest Expense	$1.5B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$257M
Net Income from Continuing Ops	$1.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.0B
Net Income Deductions	$6M
BOTTOM LINE NET INCOME	$982M
D&A	$0
EBIT	$1.3B
EBITDA	$1.3B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$4.4B
Cost of Revenue	$1.7B
GROSS PROFIT	$2.7B
R&D Expenses	$48M
Selling & Marketing	$34M
General & Administrative	$716M
SG&A Expenses	$750M
Other Expenses	$632M
Operating Expenses	$1.4B
Cost & Expenses	$3.2B
OPERATING INCOME	$1.3B
Interest Income	$4.0B
Interest Expense	$1.5B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$257M
Net Income from Continuing Ops	$1.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.0B
Net Income Deductions	$6M
BOTTOM LINE NET INCOME	$982M
D&A	$0
EBIT	$1.3B
EBITDA	$1.3B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$1.0B
Depreciation & Amortization	$73M
Stock-Based Compensation	$57M
Deferred Income Tax	$48M
Other Non-Cash Items	$148M
Change in Working Capital	-$271M
OPERATING CASH FLOW	$1.1B
Capital Expenditure	-$50M
Acquisitions (Net)	-$24M
Purchases of Investments	-$2.3B
Sales/Maturities of Investments	$1.9B
Other Investing Activities	-$4.2B
NET CASH FROM INVESTING	-$4.7B
Net Debt Issuance	$719M
Common Stock Repurchased	-$616M
Common Dividends Paid	-$267M
Other Financing Activities	$4.2B
NET CASH FROM FINANCING	$4.1B
FREE CASH FLOW	$1.0B
Net Change in Cash	$375M

Balance Sheet

Item	Amount
Cash & Equivalents	$371M
Short-Term Investments	$18.0B
Net Receivables	$348M
Inventory	$0
Other Current Assets	-$348M
TOTAL CURRENT ASSETS	$18.3B
PP&E (Net)	$432M
Goodwill	$2.9B
Intangible Assets	$313M
Long-Term Investments	$72.6B
Tax Assets	$196M
Other Non-Current Assets	-$72.6B
TOTAL NON-CURRENT ASSETS	$3.8B
TOTAL ASSETS	$84.1B
Account Payables	$0
Short-Term Debt	$597M
Deferred Revenue	$0
Other Current Liabilities	$44.0B
TOTAL CURRENT LIABILITIES	$44.6B
Long-Term Debt	$3.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$26.2B
TOTAL NON-CURRENT LIABILITIES	$29.9B
TOTAL LIABILITIES	$74.6B
Common Stock	$2M
Additional Paid-In Capital	$6.2B
Retained Earnings	$4.5B
Treasury Stock	-$1.1B
Accum. Other Comp. Income	-$351M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$9.5B
Minority Interest	$0
TOTAL EQUITY	$9.5B
TOTAL LIABILITIES & EQUITY	$84.1B
Total Debt	$4.3B
Net Debt	$3.9B