---
schema_version: "secwatch.filing_event.v1"
accession: "0000801337-24-000010"
form_type: "8-K"
ticker: "WBS"
cik: "0000801337"
company_name: "WEBSTER FINANCIAL CORP"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T13:02:37.299974+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Webster Q1 GAAP EPS $1.23, adjusted $1.35; revenue $667.1M; NIM 3.35%

## Summary
- Net income $212.2M ($1.23 diluted) vs $216.8M ($1.24) a year ago; adjusted EPS $1.35.
- Revenue $667.1M; net interest income $567.7M; net interest margin 3.35% (down 7 bps QoQ).
- Loan balance $51.1B (+0.7% QoQ); deposits $60.7B ( $36.5M QoQ) but core deposits +$1.5B.
- Provision for credit losses $45.5M; net charge-offs $37.5M (0.29% of avg loans); NPLs $283.6M (0.56%).
- CET1 ratio 10.51%; tangible common equity ratio 7.15%; efficiency ratio 45.25%.

## SEC filing metadata
- accession: 0000801337-24-000010
- form_type: 8-K
- ticker: WBS
- cik: 0000801337
- company_name: WEBSTER FINANCIAL CORP
- filed_at: 2024-04-23T23:59:59+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/801337/000080133724000010/0000801337-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/801337/000080133724000010/wbs-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000801337-24-000010
- JSON: https://secwatch.observer/filing/0000801337-24-000010.json
- Plain text: https://secwatch.observer/filing/0000801337-24-000010.txt

## Key facts
- Earnings Releases
  WEBSTER FINANCIAL CORP reported the quarter ended March 31, 2024 results: EPS $1.23 per diluted share.
  - Period: the quarter ended March 31, 2024
  - EPS: $1.23 per diluted share
  - Result: reported results
  source text: On April 23, 2024, Webster Financial Corporation (the Company) issued a press release reporting its results of operations for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/801337/000080133724000010/0000801337-24-000010-index.htm

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