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Webster Financial Corporation WBS Commercial Banking — Occupancy and technology depreciation

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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 wbs:OccupancyAndEquipmentDepreciationExpense.

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

(1) Occupancy and Technology and equipment include, in aggregate, depreciation expense of $0.3 million for Commercial Banking, $1.4 million for Healthcare Financial Services, and $3.0 million for Consumer Banking.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Webster Financial Corporation's commercial banking — occupancy and technology depreciation?
Webster Financial Corporation (WBS) reported commercial banking — occupancy and technology depreciation of $300K in Q2 2026.
How has Webster Financial Corporation's commercial banking — occupancy and technology depreciation changed year-over-year?
Webster Financial Corporation's commercial banking — occupancy and technology depreciation increased by 200.0% year-over-year, from $100K to $300K.
What is the long-term trend for Webster Financial Corporation's commercial banking — occupancy and technology depreciation?
Over 2 years (2022 to 2025), Webster Financial Corporation's commercial banking — occupancy and technology depreciation has grown at a 9.5% compound annual growth rate (CAGR), from $500K to $600K.
What does commercial banking — occupancy and technology depreciation mean?
This represents the periodic allocation of costs for physical facilities and technological infrastructure used specifically by the commercial banking division. It captures the wear and tear or obsolescence of assets essential to supporting commercial client operations.

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