secwatch.observer — SEC 8-K summary
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Issuer:     WEBSTER FINANCIAL CORP (WBS)
CIK:        0000801337
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0000801337-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/801337/000080133723000004/0000801337-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/801337/000080133723000004/wbs-20230126.htm
  HTML page:      https://secwatch.observer/filing/0000801337-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer