Highest-materiality recent filing
Banco Santander completes Webster Financial acquisition on Aug 20, 2026
Each Webster common share exchanged for 2.0548 Santander ADSs plus $48.75 cash; close date Aug 20, 2026.
Federal Reserve approves Santander's acquisition of Webster; closing expected Aug 20, 2026
Fed approval received Aug 4, 2026; follows OCC approval (June 12) and ECB authorization (July 21).
Webster Q2 2026 EPS $1.56 ($1.60 adj); revenue $740M; Santander deal on track
GAAP EPS $1.56, adjusted EPS $1.60; net income $249.4M vs $251.7M a year ago.
OCC approves bank merger of Webster Bank into Santander Bank; closing pending Fed, ECB approvals
OCC approved Bank Merger application on June 12, 2026, to merge Webster Bank into Santander Bank.
Webster Financial stockholders approve acquisition by Banco Santander with 98.9% support
115,788,667 votes for, 1,279,203 against, 192,086 abstain on the Transaction Proposal; quorum 72.3% of 162,048,996 shares.
Three stockholder complaints and demand letters allege proxy statement lacks full disclosure on Webster's Santander deal.
Webster Q1 2026 EPS $1.50 ($1.57 adj); pending Santander acquisition on track
Net income $239.3M ($1.50 dil EPS) vs $220.4M ($1.30) year ago; adjusted EPS $1.57.
Transaction structured as a reincorporation merger into a Virginia sub, then a share exchange by Santander.
Santander acquires Webster Financial for $12.3B in cash-and-stock; per-share value ~$75.59
Webster stockholders receive $48.75 cash + 2.0548 Santander ADSs per share; total consideration ~$75.59/share.
Webster Q4 2025 EPS $1.55 ($1.59 adjusted); revenue $746.2M; record tangible book value
GAAP EPS $1.55 vs $1.01 YoY; adjusted EPS $1.59 vs $1.43 YoY; net income $248.7M.
Webster Q4 2025 EPS $1.55, adjusted $1.59; record EPS and tangible book value per share
Net income applicable to common $248.7M ($1.55 diluted EPS); adjusted EPS $1.59 vs $1.43 a year ago.
Webster Q3 2025 EPS $1.54 vs $1.10 YoY; record quarterly profit
Net income $254.1M, diluted EPS $1.54, up from $186.8M, $1.10 YoY.
Webster Financial Q2 2025 EPS $1.52, net income $251.7M vs $1.03, $175.5M a year ago
Diluted EPS $1.52, net income $251.7M vs $1.03, $175.5M in Q2 2024.
Webster Financial names Jason Schugel CRO, adds Frederick Crawford to board
Jason Schugel appointed CRO and EVP effective July 14, succeeding retiring Daniel Bley.
Webster Financial boosts share repurchase authorization by $700M
Board increased existing repurchase authority by $700 million; total remaining authorization not disclosed.
Webster Q1 2025 EPS $1.30 beats $1.23 YoY; loans and deposits grow
Diluted EPS $1.30 vs $1.23 YoY; net income $220.4M vs $210.1M.
Webster Q4 GAAP EPS $1.01 vs $1.05 YoY; adjusted EPS $1.43; loan growth 1.1% QoQ; NPLs rise to 0.88%
GAAP net income $173.6M ($1.01 diluted EPS) includes $56.9M securities loss and $29.4M DTA adjustment; adjusted EPS $1.43 vs $1.46 YoY.
Webster Q3 EPS $1.10 GAAP, $1.34 adjusted; net income down 15% YoY
Net income available to common $188.8M ($1.10 diluted) vs $222.3M ($1.28) in Q3 2023.
Webster Q2 2024 EPS $1.03 (down from $1.32); adj $1.26; loans up 0.9% QoQ
Net income available to common $177.5M, EPS $1.03; adjusted EPS $1.26 (excl $49.9M securities repositioning loss).
Webster Financial names Neal Holland as CFO successor, Bill Haas to board
Neal Holland to become CFO after Glenn MacInnes' retirement expected August 2024; Holland was CFO at First Republic Bank.
Webster Q1 GAAP EPS $1.23, adjusted $1.35; revenue $667.1M; NIM 3.35%
Net income $212.2M ($1.23 diluted) vs $216.8M ($1.24) a year ago; adjusted EPS $1.35.
Webster Financial CFO Glenn MacInnes to retire; successor search underway
Glenn MacInnes retiring as EVP & CFO after 13 years with Webster.
Webster Q4 GAAP EPS $1.05, adjusted $1.46; revenue $634.8M; includes $94.7M charges
GAAP EPS $1.05; adjusted EPS $1.46; net income $181.2M.
Webster to acquire Ametros for $350M cash; accretion >2% to FY25 EPS
Deal valued at $350M cash; expected close Q1 2024; Ametros to operate as Webster subsidiary.
Webster Q3 2023 GAAP EPS $1.28, Adj. EPS $1.55; deposits up 2.7% QoQ to $60.3B
Net income available to common of $222.3M ($1.28 diluted), vs $229.8M ($1.31) year ago.
Webster Q2 2023 EPS $1.32 ($1.50 adjusted); deposits up 6% linked quarter
Net income available to common $230.8M ($1.32 diluted); adjusted EPS $1.50 (ex. $40.8M pre-tax merger charges).
Webster Q1 EPS $1.24, adjusted $1.49; revenue $666.0M, net income $216.8M
Net income available to common stockholders of $216.8M vs. $(20.2)M loss in Q1 2022.
Webster Q4 2022 adj. EPS $1.60; net income $240.6M; NIM 3.74% up 20bps QoQ
GAAP diluted EPS $1.38; adjusted EPS $1.60, excluding $50.4M pre-tax merger and balance sheet repositioning charges.
Webster Financial acquires interLINK deposit platform managing >$9B in sweep deposits
Webster Bank signs definitive agreement to acquire StoneCastle Insured Sweep (interLINK) from StoneCastle Partners.
Webster Q3 2022 EPS $1.31 GAAP, $1.46 adjusted; revenue $664.6M
Net income available to common shareholders $229.8M, vs $93.7M a year ago.
Webster Q2 GAAP EPS $1.00, adjusted $1.29; revenue $607.6M on Sterling merger
Net income available to common shareholders $178.1M ($1.00 diluted EPS); adjusted EPS $1.29 excluding $66.5M merger costs.
Webster Q1 adj EPS $1.24 beats $1.17 YoY; GAAP loss ($0.14) on merger costs
GAAP net loss $(20.2)M ($0.14/sh); adjusted EPS $1.24 vs $1.17 in Q1 2021.
Webster Financial expands share repurchase authority by $600M to $601.2M total
Board authorized $600M increase in common stock repurchase authority on April 27, 2022.
Webster Financial increases share repurchase authority by $600M to $601.2M total
Board authorized $600M increase in common stock buyback program; total authorization now $601.2M.
Webster Financial completes Sterling Bancorp merger; pro forma net income $531.7M
Merger consideration $5.18B; each Sterling share exchanged for 0.4630 Webster share.
Merger closed Jan 31, 2022; each Sterling common share converted to 0.4630 of a Webster share.
As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.
As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.
As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.
As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.
On July 15, 2024, Webster Financial Corporation (“ Webster ” or the “ Company ”) announced that the Board of Directors appointed William (Neal) Holland, as Executive Vice President, Finance, of the Company and Webster Bank, N.A. (the “ Bank ”), effective July 15, 2024.
effective upon the previously announced retirement of Glenn MacInnes from his position as Executive Vice President and Chief Financial Officer of the Company and the Bank, which is expected in August 2024.
On July 15, 2024, the Company also announced that William D. Haas was appointed to the Company’s Board of Directors, effective immediately.
The Board of Directors also appointed Mr. Holland as the Chief Financial Officer of the Company and the Bank, effective upon the previously announced retirement of Glenn MacInnes from his position as Executive Vice President and Chief Financial Officer of the Company and the Bank, which is expected in August 2024.
On March 25, 2024, Webster Financial Corporation (“Webster” or the Company”) announced that Glenn MacInnes has informed the Company of his intent to retire from his position as Executive Vice President and Chief Financial Officer after 13 years of distinguished service and leadership with the Company.
On January 24, 2024, Webster Financial Corporation (the “ Company ”) appointed Luis Massiani, currently President and Chief Operating Officer of Webster Bank, N.A. (the “ Bank ”), as the Company’s President and Chief Operating Officer, effective as of February 1, 2024
Also effective February 1, 2024, John Ciulla, currently President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank, will assume the role of President of the Bank.
Following Mr. Kopnisky’s departure, Mr. Ciulla will succeed Mr. Kopnisky as Chairman of both Boards
Max materiality 1.00 · Median 0.65 · Most common event earnings