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Webster Financial Corporation WBS Provision for Credit Losses

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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$12.81B+38.9%
Enterprise value$14.48B+38.3%
P/E12.6×+1.8×
P/S4.3×+1.0×

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:ProvisionForLoanLeaseAndOtherLosses.

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
Long-term debt8,3439,62416,67319,271
Total interest expense380,632379,405740,508740,700
Net interest income632,744621,1821,267,1471,233,374
Provision for credit losses31,50046,50085,500124,000
Net interest income after provision for credit losses601,244574,6821,181,6471,109,374
Non-interest Income:
Deposit service fees42,25640,93483,77179,829
Loan and lease related fees20,57017,65735,98435,278

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Webster Financial Corporation's provision for credit losses?
Webster Financial Corporation (WBS) reported provision for credit losses of $31.5M in Q2 2026.
How has Webster Financial Corporation's provision for credit losses changed year-over-year?
Webster Financial Corporation's provision for credit losses decreased by 32.3% year-over-year, from $46.5M to $31.5M.
What is the long-term trend for Webster Financial Corporation's provision for credit losses?
Over 4 years (2021 to 2025), Webster Financial Corporation's provision for credit losses has grown at a 40.1% compound annual growth rate (CAGR), from -$54.5M to $210M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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