---
schema_version: "secwatch.filing_event.v1"
accession: "0000801337-24-000003"
form_type: "8-K"
ticker: "WBS"
cik: "0000801337"
company_name: "WEBSTER FINANCIAL CORP"
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:21:29.965826+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Webster Q4 GAAP EPS $1.05, adjusted $1.46; revenue $634.8M; includes $94.7M charges

## Summary
- GAAP EPS $1.05; adjusted EPS $1.46; net income $181.2M.
- Revenue $634.8M; NIM 3.42% (down 7 bps QoQ); loans $50.7B, deposits $60.8B.
- Provision for credit losses $36.0M; net charge-offs $34.0M (0.27% of avg loans); allowance 1.25% of loans.
- Results include $94.7M pre-tax charges ($0.41/share) for FDIC assessment, merger costs, securities repositioning.
- CET1 ratio 11.12%; tangible book value $32.39/share; return on avg tangible common equity 14.49% (adjusted 19.83%).

## SEC filing metadata
- accession: 0000801337-24-000003
- form_type: 8-K
- ticker: WBS
- cik: 0000801337
- company_name: WEBSTER FINANCIAL CORP
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/801337/000080133724000003/0000801337-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/801337/000080133724000003/wbs-20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000801337-24-000003
- JSON: https://secwatch.observer/filing/0000801337-24-000003.json
- Plain text: https://secwatch.observer/filing/0000801337-24-000003.txt

## Key facts
- Earnings Releases
  WEBSTER FINANCIAL CORP reported the quarter ended December 31, 2023 results: revenue $634.8 million, net income net income available to common stockholders of $181.2 million, EPS $1.05 per diluted share.
  - Period: the quarter ended December 31, 2023
  - Revenue: $634.8 million
  - Net income: net income available to common stockholders of $181.2 million
  - EPS: $1.05 per diluted share
  - Result: reported results
  source text: executive officer. "Our strong financial position and proactive actions position us well for continued success in 2024." Highlights for the fourth quarter of 2023: • Revenue of $634.8 million. • Period end loan and lease balance of $50.7 billion, up $0.6 billion or 1.3 percent from prior quarter; 80.7 percent commercial loans and leases, 19.3 percent consumer loans,
  evidence_url: https://www.sec.gov/Archives/edgar/data/801337/000080133724000003/0000801337-24-000003-index.htm

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