WEBSTER FINANCIAL CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $718.5m $796.3m $200.7m $955.1m $891.4m $212.4m $268.7m $233.4m $245.7m $238.0m
Operating Income (Loss) $524.5m $417.7m $479.4m $1.1b $1.2b $1.2b $1.5b
Interest income:
Noninterest income:
Additional Financial Items
Other Interest and Dividend Income $105.3m $56.0m $105.2m
Bank Owned Life Insurance Income $0 $2.6m $4.9m $1.2m $4.4m $6.3m $3.6m $14.1m $4.8m
Amortization of Intangible Assets $5.7m $4.1m $3.8m $3.8m $4.2m $4.5m $31.9m $36.2m $36.1m $36.3m
Preferred Stock Dividends and Other Adjustments $8.7m $8.6m $8.7m $9.7m $9.1m
Preferred Stock Dividends, Income Statement Impact $16.6m $16.6m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $608k $424k $862k $1.9m $1.3m $2.3m $5.7m $7.9m $11.3m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $533.9m $798.0m $1.1b $1.0b $1.3b
Net Income (Loss) Attributable to Parent $207.1m $255.4m $360.4m $382.7m $220.6m $408.9m $644.3m $867.8m $768.7m $1.0b
Net Income (Loss) Available to Common Stockholders, Basic $198.4m $246.8m $351.7m $373.0m $211.5m $398.7m $622.7m $843.3m $752.1m $974.9m
Earnings Per Share, Basic $2.17 $2.68 $3.83 $4.07 $2.35 $4.43 $3.72 $4.91 $4.38 $5.91
Earnings Per Share, Diluted $2.16 $2.67 $3.81 $4.06 $2.35 $4.42 $3.72 $4.91 $4.37 $5.90
Common Stock, Dividends, Per Share, Declared $0.98 $1.03 $1.25 $1.60 $1.60
Weighted Average Number of Shares Outstanding, Basic 91.4m 92.0m 91.9m 91.6m 90.0m 90.0m 167.5m 171.8m 169.8m 164.8m
Weighted Average Number of Shares Outstanding, Diluted 91.9m 92.4m 92.2m 91.9m 90.2m 90.2m 167.5m 171.9m 170.2m 165.2m
Noninterest expense:
Labor and Related Expense $331.7m $359.9m $381.5m $395.4m $428.4m $420.0m $723.6m $711.8m $762.8m $821.7m
Equipment Expense $79.9m $89.5m $97.9m $105.3m $112.3m $112.8m $186.4m $197.9m $195.0m $190.6m
Business Combination, Acquisition Related Costs $7.2m
Current Income Tax Expense (Benefit) $78.6m $107.4m $71.7m $103.0m $90.6m $130.0m $223.4m $270.3m $230.1m $209.8m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $220.7m $209.0m
Interest Expense $103.4m $117.3m $148.5m $199.5m $110.7m $41.8m $250.5m $1.3b $1.6b $1.5b
Income Tax Expense (Benefit) $96.3m $98.4m $81.2m $104.0m $59.4m $125.0m $153.7m $216.7m $248.3m $257.3m
Interest Income (Expense), Net $718.5m $796.3m $906.7m $955.1m $891.4m $901.1m $2.0b $2.3b $2.3b $2.5b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.