Webster Q2 FY26 EPS rises to 1.56; revenue climbs to 740 million
Webster Financial Corporation
Webster Financial Corporation WBS | 0.00 |
- Webster Financial posts Q2 EPS of USD 1.56, up 2.63% from USD 1.52 a year earlier; net income attributable to common stockholders slips 0.9% to USD 249.4 million.
- Revenue rises 4.64% to USD 740 million, with net interest income up 1.85% to USD 632.7 million as net interest margin narrows 18 basis points to 3.26%.
- Provision for credit losses falls 32.26% to USD 31.5 million; non-performing loans and leases drop 19.7% to USD 429 million.
- Loans and leases climb 1.1% from the prior quarter to USD 57.9 billion, while deposits increase 1.8% to USD 70.3 billion.
- Banco Santander deal remains on track for a second-half 2026 close, pending Federal Reserve approval; shareholders would receive USD 48.75 cash, 2.0548 Banco Santander shares per share.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Webster Financial Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607211615BIZWIRE_USPR_____20260720_BW349926) on July 21, 2026, and is solely responsible for the information contained therein.
