---
schema_version: "secwatch.filing_event.v1"
accession: "0000801337-23-000028"
form_type: "8-K"
ticker: "WBS"
cik: "0000801337"
company_name: "WEBSTER FINANCIAL CORP"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:58:51.803107+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Webster Q2 2023 EPS $1.32 ($1.50 adjusted); deposits up 6% linked quarter

## Summary
- Net income available to common $230.8M ($1.32 diluted); adjusted EPS $1.50 (ex. $40.8M pre-tax merger charges).
- Revenue $673.2M; net interest margin 3.35%, down 31bp linked quarter due to liquidity build.
- Period-end deposits $58.7B (+$3.5B, +6.2% linked); loans $51.6B (+$0.7B, +1.4% linked).
- Common equity tier 1 ratio 10.66%; return on avg tangible common equity 18.12% (adjusted 20.40%).
- Nonperforming loans $218.9M (0.42% of loans), up from 0.36% prior quarter; net charge-offs 0.16%.

## SEC filing metadata
- accession: 0000801337-23-000028
- form_type: 8-K
- ticker: WBS
- cik: 0000801337
- company_name: WEBSTER FINANCIAL CORP
- filed_at: 2023-07-20T23:59:59+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/801337/000080133723000028/0000801337-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/801337/000080133723000028/wbs-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000801337-23-000028
- JSON: https://secwatch.observer/filing/0000801337-23-000028.json
- Plain text: https://secwatch.observer/filing/0000801337-23-000028.txt

## Key facts
- Earnings Releases
  WEBSTER FINANCIAL CORP reported financial results for the quarter ended June 30, 2023.
  - Period: the quarter ended June 30, 2023
  - Result: reported results
  source text: On July 20, 2023, Webster Financial Corporation (the Company) issued a press release reporting its results of operations for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/801337/000080133723000028/0000801337-23-000028-index.htm

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