earnings
confidence high
sentiment positive
materiality 0.80
Webster Q1 2026 EPS $1.50 ($1.57 adj); pending Santander acquisition on track
WEBSTER FINANCIAL CORP
2026-Q1 EPS reported
$1.50
revenue$735,866,000
- Net income $239.3M ($1.50 dil EPS) vs $220.4M ($1.30) year ago; adjusted EPS $1.57.
- Revenue $735.9M; net interest margin 3.36%; loans $57.2B (+1.2% QoQ); deposits $69.0B.
- Provision for credit losses $54M; net charge-offs $41.2M (0.29% of avg loans).
- Banco Santander to acquire Webster for $48.75 cash + 2.0548 Santander ADRs per share; expected close H2 2026.
- No forward guidance provided due to pending transaction; no earnings call held.