WBS
Income statement / Annual
Last year (2023), Webster Financial Corporation's total revenue was $2.50 B,
an increase of 1.12% from the previous year.
In 2023, Webster Financial Corporation's net income was $867.84 M.
See Webster Financial Corporation,s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$2.50 B |
$2.47 B |
$1.22 B |
$1.17 B |
$1.24 B |
$1.19 B |
$1.05 B |
$979.99 M |
$901.00 M |
$827.04 M |
Cost of Revenue |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$3.51 M
|
Gross Profit |
$2.50 B
|
$2.47 B
|
$1.22 B
|
$1.17 B
|
$1.24 B
|
$1.19 B
|
$1.05 B
|
$979.99 M
|
$901.00 M
|
$830.55 M
|
Gross Profit Ratio |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative Expenses |
$769.33 M
|
$750.19 M
|
$435.78 M
|
$446.71 M
|
$413.36 M
|
$416.25 M
|
$385.58 M
|
$357.73 M
|
$321.56 M
|
$292.82 M
|
Selling & Marketing Expenses |
$18.62 M
|
$16.44 M
|
$12.05 M
|
$14.13 M
|
$16.29 M
|
$16.84 M
|
$17.42 M
|
$19.70 M
|
$16.05 M
|
$15.38 M
|
Selling, General & Administrative Expenses |
$785.46 M
|
$766.63 M
|
$447.83 M
|
$460.83 M
|
$429.64 M
|
$433.08 M
|
$403.00 M
|
$377.44 M
|
$337.61 M
|
$308.20 M
|
Other Expenses |
$1.87 B
|
-$750.19 M
|
-$1.14 B
|
-$1.36 B
|
-$1.18 B
|
-$1.03 B
|
-$154.62 M
|
-$922.78 M
|
-$817.71 M
|
-$939.00 M
|
Operating Expenses |
$2.65 B
|
$16.44 M
|
-$689.43 M
|
-$894.94 M
|
-$750.80 M
|
-$599.13 M
|
$17.42 M
|
-$545.34 M
|
-$480.10 M
|
-$630.80 M
|
Cost And Expenses |
$2.65 B
|
$16.44 M
|
-$689.43 M
|
-$894.94 M
|
-$750.80 M
|
-$599.13 M
|
$14.33 M
|
-$3.01 M
|
-$3.17 M
|
-$634.30 M
|
Interest Income |
$3.63 B
|
$2.28 B
|
$942.84 M
|
$1.00 B
|
$1.15 B
|
$1.06 B
|
$913.61 M
|
$821.91 M
|
$760.04 M
|
$718.94 M
|
Interest Expense |
$1.29 B
|
$250.45 M
|
$41.76 M
|
$110.66 M
|
$199.46 M
|
$148.49 M
|
$117.32 M
|
$103.40 M
|
$95.42 M
|
$90.50 M
|
Depreciation & Amortization |
$0.00
|
$73.64 M
|
$35.91 M
|
$36.66 M
|
$37.55 M
|
$38.75 M
|
$37.16 M
|
$36.45 M
|
$6.34 M
|
$2.69 M
|
EBITDA |
$0.00 |
$880.65 M |
$575.37 M |
$323.15 M |
$531.52 M |
$480.38 M |
$390.96 M |
$340.43 M |
$324.64 M |
$322.28 M |
EBITDA Ratio |
0
|
0.44
|
0.44
|
0.24
|
0.4
|
0.53
|
0.48
|
0.45
|
0.48
|
0.5
|
Operating Income Ratio |
0.44
|
0.42
|
0.44
|
0.24
|
0.39
|
0.5
|
0.48
|
0.45
|
0.47
|
0.24
|
Total Other Income/Expenses Net |
-$6.50 M
|
-$475.46 M
|
-$135.65 M
|
-$112.70 M
|
-$120.42 M
|
-$129.64 M
|
-$120.34 M
|
-$121.70 M
|
-$100.97 M
|
-$98.46 M
|
Income Before Tax |
$1.08 B
|
$797.98 M
|
$533.86 M
|
$279.97 M
|
$486.69 M
|
$441.63 M
|
$353.79 M
|
$303.45 M
|
$300.32 M
|
$291.16 M
|
Income Before Tax Ratio |
0.43
|
0.32
|
0.44
|
0.24
|
0.39
|
0.37
|
0.34
|
0.31
|
0.33
|
0.35
|
Income Tax Expense |
$216.66 M
|
$153.69 M
|
$125.00 M
|
$59.35 M
|
$103.97 M
|
$81.22 M
|
$98.35 M
|
$96.32 M
|
$93.98 M
|
$91.41 M
|
Net Income |
$867.84 M
|
$644.28 M
|
$408.86 M
|
$220.62 M
|
$382.72 M
|
$360.42 M
|
$255.44 M
|
$207.13 M
|
$206.34 M
|
$199.75 M
|
Net Income Ratio |
0.35
|
0.26
|
0.33
|
0.19
|
0.31
|
0.3
|
0.24
|
0.21
|
0.23
|
0.24
|
EPS |
4.91 |
3.72 |
4.43 |
2.35 |
4.07 |
3.92 |
2.68 |
2.17 |
2.15 |
2.1 |
EPS Diluted |
4.91 |
3.72 |
4.42 |
2.35 |
4.06 |
3.91 |
2.67 |
2.16 |
2.13 |
2.08 |
Weighted Average Shares Out |
$171.78 M
|
$167.45 M
|
$89.98 M
|
$89.97 M
|
$91.56 M
|
$91.93 M
|
$91.97 M
|
$91.37 M
|
$90.97 M
|
$89.90 M
|
Weighted Average Shares Out Diluted |
$171.88 M
|
$167.55 M
|
$90.21 M
|
$90.15 M
|
$91.88 M
|
$92.23 M
|
$92.36 M
|
$91.86 M
|
$91.53 M
|
$90.62 M
|
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