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 |
$16.12 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 |
$0.00 |
-$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 |
$1.11 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 |
$2.86 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 |
$77.55 M
|
$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 |
$1.16 B
|
$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 |
0.46 |
0.44 |
0.44 |
0.24 |
0.4 |
0.53 |
0.48 |
0.45 |
0.48 |
0.5 |
| Operating Income Ratio
|
0.55
|
0.42
|
0.44
|
0.24
|
0.39
|
0.5
|
0.48
|
0.45
|
0.47
|
0.24
|
| Total Other
Income/Expenses Net |
-$302.34 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
|
| Link |
|
|
|
|
|
|
|
|
|
|
