---
schema_version: "secwatch.filing_event.v1"
accession: "0000801337-23-000016"
form_type: "8-K"
ticker: "WBS"
cik: "0000801337"
company_name: "WEBSTER FINANCIAL CORP"
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T23:06:54.470749+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Webster Q1 EPS $1.24, adjusted $1.49; revenue $666.0M, net income $216.8M

## Summary
- Net income available to common stockholders of $216.8M vs. $(20.2)M loss in Q1 2022.
- Adjusted EPS of $1.49 excludes $56.6M pre-tax merger & balance sheet repositioning charges.
- Period-end loans up 2.3% linked quarter to $50.9B; deposits up 2.3% to $55.3B.
- Net interest margin 3.66%, down 8 bps from prior quarter; provision for credit losses $46.7M.
- Common equity tier 1 ratio 10.40%; return on average tangible common equity 17.66%.

## SEC filing metadata
- accession: 0000801337-23-000016
- form_type: 8-K
- ticker: WBS
- cik: 0000801337
- company_name: WEBSTER FINANCIAL CORP
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/801337/000080133723000016/0000801337-23-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/801337/000080133723000016/wbs-20230420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000801337-23-000016
- JSON: https://secwatch.observer/filing/0000801337-23-000016.json
- Plain text: https://secwatch.observer/filing/0000801337-23-000016.txt

## Key facts
- Earnings Releases
  WEBSTER FINANCIAL CORP reported financial results for the quarter ended March 31, 2023.
  - Period: the quarter ended March 31, 2023
  - Result: reported results
  source text: On April 20, 2023, Webster Financial Corporation (the Company) issued a press release reporting its results of operations for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/801337/000080133723000016/0000801337-23-000016-index.htm

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