--- title: "Webster Financial-Waterbury | 8-K: FY2026 Q2 Revenue: USD 739.99 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/293382485.md" datetime: "2026-07-21T20:21:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293382485.md) - [en](https://longbridge.com/en/news/293382485.md) - [zh-HK](https://longbridge.com/zh-HK/news/293382485.md) --- # Webster Financial-Waterbury | 8-K: FY2026 Q2 Revenue: USD 739.99 M Revenue: As of FY2026 Q2, the actual value is USD 739.99 M. EPS: As of FY2026 Q2, the actual value is USD 1.56, missing the estimate of USD 1.6287. EBIT: As of FY2026 Q2, the actual value is USD 377.29 M. ### Operational Metrics - **Net Income Applicable to Common Stockholders** - Second quarter 2026: $249.4 million - Second quarter 2025: $251.7 million - **Net Income** - Second quarter 2026: $256.789 million - Second quarter 2025: $258.848 million - **Adjusted Net Income Applicable to Common Stockholders (Non-GAAP)** - Second quarter 2026: $255.890 million - **Net Interest Income** - Second quarter 2026: $632.7 million - Second quarter 2025: $621.2 million - **Non-Interest Income** - Second quarter 2026: $107.2 million - Second quarter 2025: $94.7 million - This represents an increase of $12.5 million year-over-year, primarily due to other miscellaneous income and higher loan and lease related fees . - **Total Revenue** - Second quarter 2026: $740.0 million - Second quarter 2025: $715.9 million - **Provision for Credit Losses** - Second quarter 2026: $31.5 million - Second quarter 2025: $46.5 million - **Net Charge-offs** - Second quarter 2026: $42.7 million - Second quarter 2025: $36.4 million - **Non-Interest Expense** - Second quarter 2026: $385.0 million - Second quarter 2025: $345.7 million - This marks an increase of $39.3 million year-over-year, mainly due to higher compensation and benefit costs and $8.7 million of Transaction expenses . - **Income Tax Expense** - Second quarter 2026: $66.7 million - Second quarter 2025: $64.8 million - **Effective Tax Rate** - Second quarter 2026: 20.6% - Second quarter 2025: 20.0% ### Key Ratios - **Return on Average Assets** - Second quarter 2026: 1.19% - Second quarter 2025: 1.29% - **Return on Average Tangible Common Stockholders’ Equity** - Second quarter 2026: 16.67% - Second quarter 2025: 17.96% - **Return on Average Common Stockholders’ Equity** - Second quarter 2026: 10.73% - Second quarter 2025: 11.31% - **Net Interest Margin** - Second quarter 2026: 3.26% - Second quarter 2025: 3.44% - **Efficiency Ratio** - Second quarter 2026: 47.74% - Second quarter 2025: 45.40% - **Common Equity Tier 1 Ratio** - Second quarter 2026: 11.69% - Second quarter 2025: 11.35% - **Tangible Common Equity Ratio** - Second quarter 2026: 7.60% - Second quarter 2025: 7.46% - **Tangible Equity Ratio** - Second quarter 2026: 7.94% - Second quarter 2025: 7.82% - **Allowance for Credit Losses on Loans and Leases to Total Loans and Leases** - Second quarter 2026: 1.25% - Second quarter 2025: 1.35% - **Allowance for Credit Losses on Loans and Leases to Non-Performing Loans and Leases** - Second quarter 2026: 169% - Second quarter 2025: 135% - **Net Charge-offs to Average Loans and Leases (annualized)** - Second quarter 2026: 0.30% - Second quarter 2025: 0.27% ### Balance Sheet Items - **Total Assets** - June 30, 2026: $85.949 billion - June 30, 2025: $81.914 billion - **Loans and Leases Balance** - June 30, 2026: $57.9 billion, an increase of $0.6 billion (1.1%) from the prior quarter and $4.2 billion (7.8%) year-over-year . - June 30, 2025: $53.672 billion - Commercial loans and leases increased by $2.4 billion year-over-year, commercial real estate loans by $1.4 billion year-over-year, residential mortgages by $0.3 billion year-over-year, and consumer loans by $0.1 billion year-over-year . - **Deposits Balance** - June 30, 2026: $70.3 billion, an increase of $1.2 billion (1.8%) from the prior quarter and $4.0 billion (6.0%) year-over-year . - June 30, 2025: $66.314 billion - The increase was primarily driven by interest-bearing checking and money market . - **Core Deposits to Total Deposits Ratio** - June 30, 2026: 88.1% (remained flat) - **Loan to Deposit Ratio** - June 30, 2026: 82.3% - June 30, 2025: 80.9% - **Investment Securities** - June 30, 2026: $18.3 billion, an increase of $0.5 billion (2.7%) year-over-year . - The carrying value included - $0.6 billion of net unrealized losses on available-for-sale securities and excluded - $0.9 billion of net unrealized losses on held-to-maturity securities . - **Borrowings** - June 30, 2026: $4.5 billion, a decrease of $0.1 billion (3.2%) year-over-year . - **Non-Performing Loans and Leases** - June 30, 2026: $429.0 million, a decrease of $105.5 million (19.7%) year-over-year . - The decrease was primarily driven by commercial non-mortgage and commercial real estate . - **Non-Performing Loans and Leases to Total Loans and Leases Ratio** - June 30, 2026: 0.74% - June 30, 2025: 1.00% - **Non-Performing Assets** - June 30, 2026: $430.174 million - June 30, 2025: $537.050 million - **Past Due Loans and Leases** - June 30, 2026: $117.3 million, an increase of $62.6 million (114.3%) year-over-year, primarily driven by commercial real estate . - **Book Value Per Common Share** - June 30, 2026: $58.49 - June 30, 2025: $54.19 - **Tangible Book Value Per Common Share** - June 30, 2026: $38.81 - June 30, 2025: $35.13 ### Outlook / Guidance Webster Financial Corporation will no longer provide a forward-looking financial outlook due to its pending acquisition by Banco Santander, S.A. . The transaction has been approved by Webster’s stockholders, the Office of the Comptroller of the Currency, and the European Central Bank . The acquisition is expected to close in the second half of 2026, pending approval by the Board of Governors of the Federal Reserve System . ### Related Stocks - [WBS.US](https://longbridge.com/en/quote/WBS.US.md) ## Related News & Research - [Webster Financial Corporation $WBS Stake Lessened by Systematic Financial Management LP](https://longbridge.com/en/news/293736149.md) - [Morgan Stanley Remains a Hold on Webster Financial (WBS)](https://longbridge.com/en/news/293624346.md) - [Webster Financial Corp Q2 2026: Revenue $740M, EPS $1.56— 10-Q Summary](https://longbridge.com/en/news/293968361.md) - [Webster Financial Corporation $WBS Shares Acquired by Bank of Nova Scotia](https://longbridge.com/en/news/293816012.md) - [CDS Spillover Event To Stock Market Is Starting](https://longbridge.com/en/news/294388010.md)