Webster Financial-Waterbury

Q2 FY2026 EarningsQ2 FY26 results missed consensus estimates across the board: total revenue of $740.0M was 2.02% below the $755.2M expected, while diluted EPS of $1.56 missed the $1.63 mean estimate. Performance was hindered by a Net Interest Margin (NIM) of 3.26%, failing to meet the 3.35% consensus due to sticky deposit costs and a lower interest rate environment. Operating profit was further pressured by $8.7M in transaction expenses related to the pending $12.3B acquisition by Banco Santander, leading to a significant 16.6% miss on pre-tax income.