What does commercial banking — occupancy mean?

Expenses related to the physical facilities, such as rent, utilities, and maintenance, allocated to the commercial banking segment. This reflects the overhead costs associated with maintaining a physical presence for commercial client services.

Webster Financial Corporation (WBS) Commercial Banking — Occupancy

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Other segment segments

Consumer Banking

$14.4M+4.1%

Healthcare Financial Services

$0—

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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:OccupancyNet.

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)	Commercial Banking	Healthcare Financial Services	Consumer Banking	Totals
Total consolidated revenues				739,991
Less:
Compensation and benefits	56,028	26,702	39,954
Occupancy (1)	—	—	14,401
Technology and equipment (1)	2,727	7,705	2,910
Marketing	—	—	2,125
Other segment items (2) (3)	57,288	26,464	69,868
Segment pre-tax, pre-provision net revenue	243,244	71,240	105,381	419,865

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Webster Financial Corporation's commercial banking — occupancy?: Webster Financial Corporation (WBS) reported commercial banking — occupancy of $0 in Q2 2026.
What does commercial banking — occupancy mean?: Expenses related to the physical facilities, such as rent, utilities, and maintenance, allocated to the commercial banking segment. This reflects the overhead costs associated with maintaining a physical presence for commercial client services.