earnings
confidence high
sentiment positive
materiality 0.85
Webster Q2 2026 EPS $1.56 ($1.60 adj); revenue $740M; Santander deal on track
WEBSTER FINANCIAL CORP
- GAAP EPS $1.56, adjusted EPS $1.60; net income $249.4M vs $251.7M a year ago.
- Revenue $740.0M; net interest income $632.7M; net interest margin 3.26%.
- Loans $57.9B (+1.1% QoQ); deposits $70.3B (+1.8% QoQ); CET1 ratio 11.69%.
- Banco Santander acquisition approved by OCC and ECB; still subject to Fed; expected close H2 2026.
- No forward-looking outlook provided due to pending transaction.