What is Webster Financial's earnings per share (EPS)?

Webster Financial (WBS) reported diluted earnings per share of $5.90 for fiscal year 2025. This represents a 35.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Webster Financial Financials

WBS

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Webster Financial (WBS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 78/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

100

Webster Financial has an operating margin of 50.7%, meaning the company retains $51 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 47.8% the prior year.

Growth

Webster Financial's revenue grew 11.9% year-over-year to $2.9B, a solid pace of expansion. This earns a growth score of 53/100.

Leverage

100

Webster Financial carries a low D/E ratio of 0.08, meaning only $0.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

100

Webster Financial converts 34.8% of revenue into free cash flow ($1.0B). This strong cash generation earns a score of 100/100.

Returns

Webster Financial's ROE of 10.6% shows moderate profitability relative to equity, earning a score of 35/100. This is up from 8.4% the prior year.

Piotroski F-Score Strong

7/9

Webster Financial passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.06x

For every $1 of reported earnings, Webster Financial generates $1.06 in operating cash flow ($1.1B OCF vs $1.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.0x

Webster Financial earns $1.0 in operating income for every $1 of interest expense ($1.5B vs $1.5B). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.9B

YoY+11.9%

5Y CAGR+70.9%

10Y CAGR+14.3%

Webster Financial generated $2.9B in revenue in fiscal year 2025. This represents an increase of 11.9% from the prior year.

EBITDA

$1.5B

YoY+17.8%

5Y CAGR+27.7%

Webster Financial's EBITDA was $1.5B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 17.8% from the prior year.

Net Income

$1.0B

YoY+30.5%

5Y CAGR+35.4%

10Y CAGR+17.2%

Webster Financial reported $1.0B in net income in fiscal year 2025. This represents an increase of 30.5% from the prior year.

EPS (Diluted)

$5.90

YoY+35.0%

5Y CAGR+20.2%

10Y CAGR+10.7%

Webster Financial earned $5.90 per diluted share (EPS) in fiscal year 2025. This represents an increase of 35.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$1.0B

YoY-26.3%

5Y CAGR+22.9%

10Y CAGR+14.2%

Webster Financial generated $1.0B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 26.3% from the prior year.

Cash & Debt

$2.4B

YoY+18.1%

5Y CAGR+56.2%

10Y CAGR+28.5%

Webster Financial held $2.4B in cash against $739.5M in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.60

YoY+0.0%

10Y CAGR+6.0%

Webster Financial paid $1.60 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Shares Outstanding

161M

YoY-5.9%

5Y CAGR+12.3%

10Y CAGR+5.8%

Webster Financial had 161M shares outstanding in fiscal year 2025. This represents a decrease of 5.9% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

50.7%

YoY+2.9pp

5Y CAGR-159.5pp

Webster Financial's operating margin was 50.7% in fiscal year 2025, reflecting core business profitability. This is up 2.9 percentage points from the prior year.

Net Margin

34.6%

YoY+4.9pp

5Y CAGR-76.4pp

10Y CAGR+7.7pp

Webster Financial's net profit margin was 34.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 4.9 percentage points from the prior year.

Return on Equity

10.6%

YoY+2.1pp

5Y CAGR+3.7pp

10Y CAGR+2.1pp

Webster Financial's ROE was 10.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$593.7M

YoY+807.7%

5Y CAGR+50.6%

10Y CAGR+47.0%

Webster Financial spent $593.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 807.7% from the prior year.

Capital Expenditures

$49.6M

YoY+38.3%

5Y CAGR+18.4%

10Y CAGR+3.2%

Webster Financial invested $49.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 38.3% from the prior year.

WBS Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$2.9B+11.9%	$2.6B-2.3%	$2.7B+7.1%	$2.5B+1065.3%	$212.4M+6.9%	$198.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$1.5B+18.7%	$1.2B+0.3%	$1.2B+14.5%	$1.1B+125.0%	$479.4M+14.8%	$417.7M
Interest Expense	$1.5B-4.1%	$1.6B+23.1%	$1.3B+415.5%	$250.5M+499.8%	$41.8M-62.3%	$110.7M
Income Tax	$257.3M+3.6%	$248.3M+14.6%	$216.7M+41.0%	$153.7M+23.0%	$125.0M+110.6%	$59.4M
Net Income	$1.0B+30.5%	$768.7M-11.4%	$867.8M+34.7%	$644.3M+57.6%	$408.9M+85.3%	$220.6M
EPS (Diluted)	$5.90+35.0%	$4.37-11.0%	$4.91+32.0%	$3.72-15.8%	$4.42+88.1%	$2.35

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$746.2M+1.9%	$732.6M+2.3%	$715.8M+1.6%	$704.8M+6.6%	$661.0M+2.1%	$647.6M+5.4%	$614.6M-7.9%	$667.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$363.0M-3.4%	$375.9M+1.6%	$370.1M+2.5%	$361.2M+12.7%	$320.6M+7.3%	$298.7M+3.5%	$288.6M-12.9%	$331.2M
Interest Expense	$386.3M-2.6%	$396.6M+4.5%	$379.4M+5.0%	$361.3M-6.6%	$386.6M-6.7%	$414.2M+2.5%	$404.0M+5.2%	$384.1M
Income Tax	$65.1M-7.8%	$70.7M+9.1%	$64.8M+14.2%	$56.7M-28.5%	$79.3M+53.5%	$51.7M+7.8%	$47.9M-30.9%	$69.3M
Net Income	$255.8M-2.1%	$261.2M+0.9%	$258.8M+14.1%	$226.9M+27.6%	$177.8M-7.9%	$193.0M+6.2%	$181.6M-16.0%	$216.3M
EPS (Diluted)	N/A	$1.54+1.3%	$1.52+16.9%	$1.30	N/A	$1.10+6.8%	$1.03-16.3%	$1.23

WBS Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$84.1B+6.4%	$79.0B+5.4%	$74.9B+5.1%	$71.3B+104.1%	$34.9B+7.1%	$32.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.4B+18.1%	$2.1B+20.9%	$1.7B+104.3%	$839.9M+82.0%	$461.6M+75.4%	$263.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$2.9B+1.0%	$2.9B+9.0%	$2.6B+4.7%	$2.5B+367.0%	$538.4M0.0%	$538.4M
Total Liabilities	$74.6B+6.7%	$69.9B+5.5%	$66.3B+4.8%	$63.2B+100.8%	$31.5B+7.2%	$29.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$739.5M-18.7%	$909.2M-13.3%	$1.0B-2.3%	$1.1B+90.6%	$562.9M-0.8%	$567.7M
Total Equity	$9.5B+3.9%	$9.1B+5.1%	$8.7B+7.9%	$8.1B+134.3%	$3.4B+6.3%	$3.2B
Retained Earnings	$4.5B+19.1%	$3.8B+14.5%	$3.3B+21.0%	$2.7B+16.3%	$2.3B+12.3%	$2.1B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$84.1B+1.1%	$83.2B+1.6%	$81.9B+2.0%	$80.3B+1.6%	$79.0B-0.5%	$79.5B+3.4%	$76.8B+0.9%	$76.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.4B-20.0%	$3.1B+2.3%	$3.0B+19.2%	$2.5B+21.1%	$2.1B-35.1%	$3.2B+108.2%	$1.5B-0.6%	$1.5B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$2.9B+1.0%	$2.9B0.0%	$2.9B0.0%	$2.9B0.0%	$2.9B0.0%	$2.9B0.0%	$2.9B0.0%	$2.9B
Total Liabilities	$74.6B+1.2%	$73.7B+1.6%	$72.6B+2.1%	$71.1B+1.7%	$69.9B-0.5%	$70.3B+3.3%	$68.0B+0.9%	$67.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$739.5M-40.8%	$1.2B+38.0%	$905.6M-0.2%	$907.4M-0.2%	$909.2M-0.2%	$911.0M-0.2%	$912.7M-0.2%	$914.5M
Total Equity	$9.5B+0.3%	$9.5B+1.3%	$9.3B+1.5%	$9.2B+0.8%	$9.1B-0.7%	$9.2B+4.4%	$8.8B+0.7%	$8.7B
Retained Earnings	$4.5B+4.4%	$4.3B+4.6%	$4.1B+4.8%	$3.9B+4.1%	$3.8B+2.9%	$3.7B+3.4%	$3.5B+3.2%	$3.4B

WBS Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.1B-24.7%	$1.4B+43.5%	$978.6M-26.7%	$1.3B+94.0%	$688.6M+80.9%	$380.5M
Capital Expenditures	$49.6M+38.3%	$35.8M-11.1%	$40.3M+40.1%	$28.8M+73.4%	$16.6M-22.0%	$21.3M
Free Cash Flow	$1.0B-26.3%	$1.4B+45.8%	$938.3M-28.2%	$1.3B+94.5%	$672.0M+87.0%	$359.3M
Investing Cash Flow	-$4.7B-22.7%	-$3.9B-49.1%	-$2.6B+63.9%	-$7.2B-198.8%	-$2.4B-5.1%	-$2.3B
Financing Cash Flow	$4.1B+44.0%	$2.8B+13.3%	$2.5B-60.0%	$6.2B+225.3%	$1.9B+0.1%	$1.9B
Dividends Paid	$266.8M-2.8%	$274.5M-1.3%	$278.2M+12.3%	$247.8M+71.1%	$144.8M-0.1%	$145.0M
Share Buybacks	$593.7M+807.7%	$65.4M-39.4%	$108.0M-66.5%	$322.1M	$0-100.0%	$76.6M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$317.6M-15.2%	$374.7M+38.3%	$270.9M+185.5%	$94.9M-89.4%	$891.3M+1867.1%	$45.3M-79.8%	$224.0M-8.1%	$243.7M
Capital Expenditures	$15.8M+29.5%	$12.2M-7.6%	$13.2M+59.1%	$8.3M-32.6%	$12.3M+23.1%	$10.0M+18.9%	$8.4M+66.6%	$5.1M
Free Cash Flow	$301.8M-16.7%	$362.5M+40.7%	$257.7M+197.6%	$86.6M-90.2%	$879.0M+2390.7%	$35.3M-83.6%	$215.6M-9.7%	$238.6M
Investing Cash Flow	-$1.7B-31.6%	-$1.3B-15.9%	-$1.1B-47.4%	-$738.4M+35.0%	-$1.1B-58.6%	-$716.4M-7.1%	-$669.0M+50.4%	-$1.3B
Financing Cash Flow	$729.1M-23.7%	$955.3M-26.5%	$1.3B+20.1%	$1.1B+223.1%	-$878.1M-137.6%	$2.3B+435.8%	$435.4M-53.3%	$933.3M
Dividends Paid	$64.5M-2.9%	$66.5M-1.2%	$67.3M-1.8%	$68.5M+1.0%	$67.8M-1.8%	$69.1M0.0%	$69.1M+0.7%	$68.6M
Share Buybacks	$204.3M+57.4%	$129.8M+65.1%	$78.6M-56.6%	$181.0M+18098600.0%	$1K	$0-100.0%	$45.0M+120.6%	$20.4M

WBS Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	50.7%+2.9pp	47.8%+1.2pp	46.6%+3.0pp	43.6%-182.1pp	225.7%+15.5pp	210.2%
Net Margin	34.6%+4.9pp	29.7%-3.0pp	32.7%+6.7pp	26.0%-166.5pp	192.5%+81.5pp	111.0%
Return on Equity	10.6%+2.1pp	8.4%-1.6pp	10.0%+2.0pp	8.0%-3.9pp	11.9%+5.1pp	6.8%
Return on Assets	1.2%+0.2pp	1.0%-0.2pp	1.2%+0.3pp	0.9%-0.3pp	1.2%+0.5pp	0.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.08-0.0	0.10-0.0	0.12-0.0	0.13-0.0	0.16-0.0	0.18
FCF Margin	34.8%-18.0pp	52.8%+17.4pp	35.4%-17.4pp	52.8%-263.6pp	316.4%+135.6pp	180.8%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	48.6%-2.7pp	51.3%-0.4pp	51.7%+0.5pp	51.2%+2.7pp	48.5%+2.4pp	46.1%-0.8pp	46.9%-2.7pp	49.6%
Net Margin	34.3%-1.4pp	35.7%-0.5pp	36.2%+4.0pp	32.2%+5.3pp	26.9%-2.9pp	29.8%+0.3pp	29.5%-2.9pp	32.4%
Return on Equity	2.7%-0.1pp	2.8%0.0pp	2.8%+0.3pp	2.5%+0.5pp	1.9%-0.2pp	2.1%+0.0pp	2.1%-0.4pp	2.5%
Return on Assets	0.3%0.0pp	0.3%-0.0pp	0.3%+0.0pp	0.3%+0.1pp	0.2%-0.0pp	0.2%0.0pp	0.2%-0.0pp	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.08-0.1	0.13+0.0	0.100.0	0.100.0	0.100.0	0.100.0	0.100.0	0.10
FCF Margin	40.4%-9.0pp	49.5%+13.5pp	36.0%+23.7pp	12.3%-120.7pp	133.0%+127.5pp	5.5%-29.6pp	35.1%-0.7pp	35.8%

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Frequently Asked Questions

What is Webster Financial's annual revenue?

Webster Financial (WBS) reported $2.9B in total revenue for fiscal year 2025. This represents a 11.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Webster Financial's revenue growing?

Webster Financial (WBS) revenue grew by 11.9% year-over-year, from $2.6B to $2.9B in fiscal year 2025.

Is Webster Financial profitable?

Yes, Webster Financial (WBS) reported a net income of $1.0B in fiscal year 2025, with a net profit margin of 34.6%.

What is Webster Financial's EBITDA?

Webster Financial (WBS) had EBITDA of $1.5B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Webster Financial have?

As of fiscal year 2025, Webster Financial (WBS) had $2.4B in cash and equivalents against $739.5M in long-term debt.

What is Webster Financial's operating margin?

Webster Financial (WBS) had an operating margin of 50.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Webster Financial's net profit margin?

Webster Financial (WBS) had a net profit margin of 34.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Webster Financial pay dividends?

Yes, Webster Financial (WBS) paid $1.60 per share in dividends during fiscal year 2025.

What is Webster Financial's return on equity (ROE)?

Webster Financial (WBS) has a return on equity of 10.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Webster Financial's free cash flow?

Webster Financial (WBS) generated $1.0B in free cash flow during fiscal year 2025. This represents a -26.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Webster Financial's operating cash flow?

Webster Financial (WBS) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Webster Financial's total assets?

Webster Financial (WBS) had $84.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Webster Financial's capital expenditures?

Webster Financial (WBS) invested $49.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Webster Financial buy back shares?

Yes, Webster Financial (WBS) spent $593.7M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Webster Financial have outstanding?

Webster Financial (WBS) had 161M shares outstanding as of fiscal year 2025.

What is Webster Financial's debt-to-equity ratio?

Webster Financial (WBS) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Webster Financial's return on assets (ROA)?

Webster Financial (WBS) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Webster Financial's Piotroski F-Score?

Webster Financial (WBS) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Webster Financial's earnings high quality?

Webster Financial (WBS) has an earnings quality ratio of 1.06x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Webster Financial cover its interest payments?

Webster Financial (WBS) has an interest coverage ratio of 1.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Webster Financial?

Webster Financial (WBS) scores 78 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.