secwatch.observer — SEC 8-K summary
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Issuer:     WEBSTER FINANCIAL CORP (WBS)
CIK:        0000801337
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0000801337-26-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Webster Q1 2026 EPS $1.50 ($1.57 adj); pending Santander acquisition on track
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/801337/000080133726000013/0000801337-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/801337/000080133726000013/wbs-20260428.htm
  HTML page:      https://secwatch.observer/filing/0000801337-26-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer