---
schema_version: "secwatch.filing_event.v1"
accession: "0000801337-22-000014"
form_type: "8-K/A"
ticker: "WBS"
cik: "0000801337"
company_name: "WEBSTER FINANCIAL CORP"
filed_at: "2022-04-15T23:59:59+00:00"
generated_at: "2026-06-26T07:14:59.794077+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Webster Financial completes Sterling Bancorp merger; pro forma net income $531.7M

## Summary
- Merger consideration $5.18B; each Sterling share exchanged for 0.4630 Webster share.
- Preliminary goodwill $2.0B recorded; core deposit intangible $119.1M, customer intangibles $91.0M.
- Pro forma total assets $64.7B; loans and leases net $42.7B; deposits $52.7B.
- Pro forma net income available to common $531.7M; EPS $2.98 basic for FY2021.
- One-time merger costs $199.3M and $175.1M provision for credit losses on acquired loans.

## SEC filing metadata
- accession: 0000801337-22-000014
- form_type: 8-K/A
- ticker: WBS
- cik: 0000801337
- company_name: WEBSTER FINANCIAL CORP
- filed_at: 2022-04-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/801337/000080133722000014/0000801337-22-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/801337/000080133722000014/wbs-20220131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000801337-22-000014
- JSON: https://secwatch.observer/filing/0000801337-22-000014.json
- Plain text: https://secwatch.observer/filing/0000801337-22-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.