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 .