NYSE$WBS
Webster Financial Corporation · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported EPS of $1.31 and adjusted EPS of $1.46, driven by strong revenue growth and effective cost management.
Webster Financial Corporation reported a strong third quarter in 2022, with net income available to common shareholders of $229.8 million, or $1.31 per diluted share. Excluding expenses related to the merger, strategic initiatives, and other charges, earnings per diluted share would have been $1.46. The results reflect the progress in creating a high performing and differentiated company and exceeding targets set forth at the announcement of the MOE.
- Revenue reached $664.6 million.
- Period end loan and lease balance was $47.8 billion.
- Period end deposit balance was $54.0 billion.
- Net interest margin was 3.54 percent, up 26 basis points from the prior quarter.
Headline financials
Revenue & EPS history
Webster · Revenue · Quarterly
$665M
Revenue by segment
Webster · $458M total across 2 segments · Q3 2022
- Commercial Banking$374M+104.8%81.6%
- Healthcare Financial$84.4M+26.3%18.4%
Forward guidance
Webster Financial Corporation anticipates net interest income to benefit from higher interest rates and continued execution on efficiencies created in the recent merger.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.5%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+2.8%
Avg return
30 days after
51%
35 / 69 earnings
Positive
+14.5%
Q3 2020
Best reaction
-11.9%
Q1 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | +0.5% | +1.1% | |
| Q4 2025 | -3.2% | -2.6% | +10.4% | |
| Q3 2025 | +0.4% | +3.3% | +4.3% | |
| Q2 2025 | -1.6% | -0.1% | +5.3% | |
| Q1 2025 | +1.6% | +1.1% | +8.7% | |
| Q4 2024 | +4.0% | +2.4% | +2.0% | |
| Q3 2024 | +8.8% | +6.8% | +23.5% | |
| Q2 2024 | -5.0% | +0.8% | -7.6% | |
| Q1 2024 | -3.5% | -4.5% | -7.1% | |
| Q4 2023 | +0.5% | +0.1% | -7.9% | |
| Q3 2023 | -2.9% | -5.6% | +9.8% | |
| Q2 2023 | +1.3% | +3.4% | -5.6% | |
| Q1 2023 | -2.6% | -9.0% | -9.5% | |
| Q4 2022 | +7.5% | +11.3% | +12.7% | |
| Q3 2022 | +4.8% | +8.9% | +8.4% | |
| Q2 2022 | -2.8% | -2.5% | +5.9% | |
| Q1 2022 | +2.7% | +3.9% | +0.2% | |
| Q4 2021 | -1.5% | -1.6% | -2.8% | |
| Q3 2021 | -0.8% | -1.4% | -2.7% | |
| Q2 2021 | -0.9% | -1.4% | +0.8% | |
| Q1 2021 | -11.9% | -7.1% | -0.3% | |
| Q4 2020 | -2.2% | -2.8% | +0.1% | |
| Q3 2020 | +14.5% | +5.4% | +29.1% | |
| Q2 2020 | +1.7% | -1.0% | +2.9% | |
| Q1 2020 | -1.9% | +1.1% | +6.6% | |
| Q4 2019 | -5.2% | -8.1% | -10.5% | |
| Q3 2019 | -6.1% | -4.8% | +0.5% | |
| Q2 2019 | +4.7% | +5.6% | -2.9% | |
| Q1 2019 | -2.8% | +0.3% | -7.5% | |
| Q4 2018 | +5.5% | +4.1% | +4.6% | |
| Q3 2018 | +4.3% | +1.1% | +1.9% | |
| Q2 2018 | +1.5% | +2.8% | +2.3% | |
| Q1 2018 | +8.7% | +10.1% | +18.1% | |
| Q4 2017 | +0.1% | -1.6% | -5.2% | |
| Q3 2017 | +4.7% | +4.5% | +0.8% | |
| Q2 2017 | -3.6% | -3.4% | -12.8% | |
| Q1 2017 | +3.4% | +6.8% | -1.5% | |
| Q4 2016 | +0.2% | +1.5% | +7.0% | |
| Q3 2016 | +4.3% | +4.8% | +23.2% | |
| Q2 2016 | -1.7% | -1.1% | +4.1% | |
| Q1 2016 | -1.4% | — | — | |
| Q4 2015 | -2.6% | — | — | |
| Q3 2015 | -1.5% | — | — | |
| Q2 2015 | -3.3% | — | — | |
| Q1 2015 | -3.6% | — | — | |
| Q4 2014 | +5.7% | — | — | |
| Q3 2014 | +2.7% | — | — | |
| Q2 2014 | -3.7% | — | — | |
| Q1 2014 | +2.7% | — | — | |
| Q4 2013 | +4.6% | — | — | |
| Q3 2013 | +5.3% | — | — | |
| Q2 2013 | +3.6% | — | — | |
| Q1 2013 | -4.0% | — | — | |
| Q4 2009 | +1.3% | — | — | |
| Q4 2012 | +3.7% | — | — | |
| Q3 2012 | -6.0% | — | — | |
| Q2 2012 | +6.3% | — | — | |
| Q1 2012 | +0.4% | — | — | |
| Q4 2011 | -3.8% | — | — | |
| Q4 2010 | -3.8% | — | — | |
| Q4 2008 | -3.8% | — | — | |
| Q1 2010 | -3.8% | — | — | |
| Q3 2011 | +5.5% | — | — | |
| Q2 2011 | -0.9% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q3 2010 | +5.3% | — | — | |
| Q3 2009 | +5.3% | — | — | |
| Q2 2009 | -0.5% | — | — | |
| Q2 2010 | -0.5% | — | — |
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