Webster Financial Corporation (NYSE: WBS) shares progressed Friday, as the holding company for Webster Bank, N.A., announced net income applicable to common stockholders of $254.1 million, or $1.54 per diluted share, for the quarter ended September 30, 2025, compared to $186.8 million, or $1.10 per diluted share, for the quarter ended September 30, 2024.
“Webster continues to exhibit strong financial results,” said CEO John R. Ciulla. “It is appropriate that on Webster’s 90th anniversary, the consistency and excellence Webster has delivered since its founding persists.”
Highlights for the third quarter of 2025:
• Revenue of $732.6 million.
• Period end loans and leases balance of $55.1 billion, up $1.4 billion, or 2.6 percent from prior quarter.
• Period end deposits balance of $68.2 billion, up $1.9 billion, or 2.8 percent, from prior quarter.
• Provision for credit losses of $44.0 million.
• Return on average assets of 1.27 percent.
• Return on average tangible common equity of 17.64 percent.
• Repurchased 2.2 million shares under Webster’s share repurchase program.
“Webster’s growth, efficiency, and returns are each reflective of the company’s favorable strategic positioning,” said Neal Holland, senior executive vice president and chief financial officer.
“We are proud to deliver record quarterly EPS on the occasion of Webster’s 90th anniversary.”
WBS shares hiked 64 cents, or 1.2%, to $54.74.
