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Webster Financial Corporation WBS Income Tax

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Other financials

Income statement

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Revenue$740.0M+3.4%
Operating income$355.0M-4.1%
Net income$256.8M-0.8%
EPS (diluted)$1.56+2.6%

Balance sheet

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Cash & equivalents$2.7B-9.1%
Total debt$4.4B+3.6%
Total equity$9.8B+4.5%
Total assets$85.9B+4.9%

Cash flow

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Operating cash flow$385.8M+42.4%
CapEx$14.5M+9.4%
Free cash flow$371.3M+44.1%

Valuation

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Market cap$12.82B+36.6%
Enterprise value$14.5B+36.3%
P/E12.6×+1.6×
P/S4.3×+0.9×

Profitability

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Operating margin49.3%—
Net margin34.5%+3.1pp
FCF margin44.5%-1.6pp

Returns & leverage

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Return on equity10.7%+1.2pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Webster Financial Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: Webster Financial Corporation’s 10-Q, filed July 27, 2026.

Filed
Jul 27, 2026, 3:43 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000801337-26-000023
(In thousands, except per share data)Three months ended / June 30, 2026Three months ended / June 30, 2025Six months ended / June 30, 2026Six months ended / June 30, 2025
Other expense36,85632,79671,21563,524
Total non-interest expense384,962345,714764,071689,358
Income before income taxes323,529323,625626,286607,279
Income tax expense66,74064,777123,266121,514
Net income256,789258,848503,020485,765
Preferred stock dividends4,1624,1628,3258,325
Income allocated to participating securities3,1852,9915,9745,361
Net income applicable to common stockholders$249,442$251,695$488,721$472,079

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Webster Financial Corporation's income tax?
Webster Financial Corporation (WBS) reported income tax of $66.74M in Q2 2026.
How has Webster Financial Corporation's income tax changed year-over-year?
Webster Financial Corporation's income tax increased by 3.0% year-over-year, from $64.78M to $66.74M.
What is the long-term trend for Webster Financial Corporation's income tax?
Over 4 years (2021 to 2025), Webster Financial Corporation's income tax has grown at a 19.8% compound annual growth rate (CAGR), from $125M to $257.35M.
What does income tax mean?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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