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Webster Financial Corporation WBS Healthcare Financial Services — 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 healthcare financial services — occupancy and technology depreciation?
Webster Financial Corporation (WBS) reported healthcare financial services — occupancy and technology depreciation of $1.4M in Q2 2026.
How has Webster Financial Corporation's healthcare financial services — occupancy and technology depreciation changed year-over-year?
Webster Financial Corporation's healthcare financial services — occupancy and technology depreciation decreased by 6.7% year-over-year, from $1.5M to $1.4M.
What is the long-term trend for Webster Financial Corporation's healthcare financial services — occupancy and technology depreciation?
Over 3 years (2022 to 2025), Webster Financial Corporation's healthcare financial services — occupancy and technology depreciation has grown at a 27.4% compound annual growth rate (CAGR), from $2.9M to $6M.
What does healthcare financial services — occupancy and technology depreciation mean?
This represents the non-cash expense allocated to the healthcare financial services segment for the wear and tear of physical office space and technological infrastructure. It captures the systematic allocation of costs associated with long-term assets used to support the segment's operations.

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