---
schema_version: "secwatch.filing_event.v1"
accession: "0000801337-23-000033"
form_type: "8-K"
ticker: "WBS"
cik: "0000801337"
company_name: "WEBSTER FINANCIAL CORP"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:23:07.574804+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Webster Q3 2023 GAAP EPS $1.28, Adj. EPS $1.55; deposits up 2.7% QoQ to $60.3B

## Summary
- Net income available to common of $222.3M ($1.28 diluted), vs $229.8M ($1.31) year ago.
- Adjusted EPS of $1.55 excludes $61.6M pre-tax merger charges ($0.27 per share).
- Revenue $677.5M; net interest margin 3.49% (up 14 bps QoQ).
- Period-end loans $50.1B (down 3% QoQ); deposits $60.3B (up 2.7% QoQ).
- Provision for credit losses $36.5M; CET1 ratio 11.15%.

## SEC filing metadata
- accession: 0000801337-23-000033
- form_type: 8-K
- ticker: WBS
- cik: 0000801337
- company_name: WEBSTER FINANCIAL CORP
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/801337/000080133723000033/0000801337-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/801337/000080133723000033/wbs-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000801337-23-000033
- JSON: https://secwatch.observer/filing/0000801337-23-000033.json
- Plain text: https://secwatch.observer/filing/0000801337-23-000033.txt

## Key facts
- Earnings Releases
  WEBSTER FINANCIAL CORP reported the quarter ended September 30, 2023 results: revenue $677.5 million, net income $222.3 million, EPS $1.28 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Revenue: $677.5 million
  - Net income: $222.3 million
  - EPS: $1.28 per diluted share
  - Result: reported results
  source text: milestone in the completion of our integration. We continue to be well positioned for the current operating environment." Highlights for the third quarter of 2023: • Revenue of $677.5 million. • Period end loans and leases balance of $50.1 billion, down $1.5 billion or 3.0 percent from prior quarter; 80.4 percent commercial loans and leases, 19.6 percent consumer
  evidence_url: https://www.sec.gov/Archives/edgar/data/801337/000080133723000033/0000801337-23-000033-index.htm

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