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Webster Financial Corporation WBS Consumer 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 consumer banking — occupancy and technology depreciation?
Webster Financial Corporation (WBS) reported consumer banking — occupancy and technology depreciation of $3M in Q2 2026.
How has Webster Financial Corporation's consumer banking — occupancy and technology depreciation changed year-over-year?
Webster Financial Corporation's consumer banking — occupancy and technology depreciation increased by 25.0% year-over-year, from $2.4M to $3M.
What is the long-term trend for Webster Financial Corporation's consumer banking — occupancy and technology depreciation?
Over 3 years (2022 to 2025), Webster Financial Corporation's consumer banking — occupancy and technology depreciation has grown at a 10.6% compound annual growth rate (CAGR), from $7.4M to $10M.
What does consumer banking — occupancy and technology depreciation mean?
This represents the non-cash expense allocated to the Consumer Banking segment for the wear and tear of physical branch infrastructure and technological assets. It reflects the capital intensity required to maintain a retail banking presence and digital service delivery platforms.

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