---
schema_version: "secwatch.filing_event.v1"
accession: "0000801337-23-000004"
form_type: "8-K"
ticker: "WBS"
cik: "0000801337"
company_name: "WEBSTER FINANCIAL CORP"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:49:51.523311+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Webster Q4 2022 adj. EPS $1.60; net income $240.6M; NIM 3.74% up 20bps QoQ

## Summary
- GAAP diluted EPS $1.38; adjusted EPS $1.60, excluding $50.4M pre-tax merger and balance sheet repositioning charges.
- Net income available to common stockholders $240.6M, up from $109.1M in Q4 2021; revenue $704.6M.
- Net interest margin 3.74%, up 20 bps from prior quarter; period-end loans $49.8B, deposits $54.1B.
- Provision for credit losses $43.0M; common equity Tier 1 ratio 10.71%.
- Full year 2022 net income $628.4M ($3.72 diluted EPS); includes $433.2M of merger-related and other charges.

## SEC filing metadata
- accession: 0000801337-23-000004
- form_type: 8-K
- ticker: WBS
- cik: 0000801337
- company_name: WEBSTER FINANCIAL CORP
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/801337/000080133723000004/0000801337-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/801337/000080133723000004/wbs-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000801337-23-000004
- JSON: https://secwatch.observer/filing/0000801337-23-000004.json
- Plain text: https://secwatch.observer/filing/0000801337-23-000004.txt

## Key facts
- Earnings Releases
  WEBSTER FINANCIAL CORP reported the quarter ended December 31, 2022 results: revenue $704.6 million, net income $240.6 million, EPS $1.38 per diluted share.
  - Period: the quarter ended December 31, 2022
  - Revenue: $704.6 million
  - Net income: $240.6 million
  - EPS: $1.38 per diluted share
  - Result: reported results
  source text: with our financial performance, we are equally proud of the progress we have made from a culture and talent perspective." Highlights for the fourth quarter of 2022: • Revenue of $704.6 million. • Period end loan and lease balance of $49.8 billion; 81 percent commercial loans and leases, 19 percent consumer loans, and a loan to deposit ratio of 92 percent. • Period end
  evidence_url: https://www.sec.gov/Archives/edgar/data/801337/000080133723000004/0000801337-23-000004-index.htm
- Earnings Releases
  WEBSTER FINANCIAL CORP reported the full year 2022 results: net income $628.4 million, EPS $3.72 per diluted share.
  - Period: the full year 2022
  - Net income: $628.4 million
  - EPS: $3.72 per diluted share
  - Result: reported results
  source text: For the full year 2022, net income available to common stockholders was $628.4 million, or $3.72 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/801337/000080133723000004/0000801337-23-000004-index.htm

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