Skip to content
OpenCapital
Get started

Webster Financial Corporation WBS Commercial Banking — Pre-Tax Income

Discontinued — last reported Q3 '24

Similar metrics at other companies

Citizens Financial Group logo
CFGCommercial Banking — Income before income tax expense
$321M+27.4%
First Citizens BancShares logo
FCNCACommercial Banking — Pre-Tax Income
$164M+39.0%
Valley National Bank logo
VLYCommercial Banking — Income Before Income Taxes
$178.93M+71.7%
First Citizens BancShares logo
FCNCACommercial Bank — Pre-Tax Income
$386M+37.4%
Commerce Bancshares logo
CBSHCommercial segment — Pre-Tax Income
$82.96M+2.5%
Western Alliance Bancorporation logo
WALCommercial Segment — Income (loss) before provision for income taxes
$29.3M-80.0%

Other financials

Income statement

See full
Revenue$735.9M+4.4%
Operating income$356.8M-1.2%
Net income$246.2M+8.5%
EPS (diluted)$1.50+15.4%

Balance sheet

See full
Cash & equivalents$2.9B+13.8%
Total debt$5.5B+45.4%
Total equity$9.6B+4.0%
Total assets$85.6B+6.6%

Cash flow

See full
Operating cash flow$288.7M+204%
CapEx$10.5M+26.0%
Free cash flow$278.3M+221%

Valuation

See full
Market cap$12.25B+26.7%
Enterprise value$14.94B+36.9%
P/E12×-0.4×
P/S4.2×+0.5×

Profitability

See full
Operating margin50%—
Net margin34.9%+5.2pp
FCF margin41%-5.3pp

Returns & leverage

See full
Return on equity10.9%+2.2pp
Debt / equity0.6×+0.2×

Where this comes from

Reported directly by Webster Financial Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: Webster Financial Corporation’s 10-Q, filed November 8, 2024, on SEC EDGAR. View the filing →

Ask your AI about Webster Financial Corporation's commercial banking — pre-tax income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Webster Financial Corporation's commercial banking — pre-tax income?
Webster Financial Corporation (WBS) reported commercial banking — pre-tax income of $222.01M in Q3 2024.
How has Webster Financial Corporation's commercial banking — pre-tax income changed year-over-year?
Webster Financial Corporation's commercial banking — pre-tax income decreased by 12.6% year-over-year, from $254.04M to $222.01M.
What does commercial banking — pre-tax income mean?
The total profit of the commercial banking division before paying income taxes.
How do you interpret commercial banking — pre-tax income?
An increase indicates stronger overall segment performance and profitability, while a decrease signals weaker performance or higher operating/credit costs.
How does commercial banking — pre-tax income compare across companies?
Standard financial reporting metric for business segments across all public banking institutions.