← WEBSTER FINANCIAL CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $207.1m |
$255.4m
+23.32%
|
$360.4m
+41.10%
|
$382.7m
+6.19%
|
$220.6m
-42.35%
|
$408.9m
+85.32%
|
$644.3m
+57.58%
|
$867.8m
+34.70%
|
$768.7m
-11.42%
|
$1.0b
+30.45%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $198.4m |
$246.8m
+24.40%
|
$351.7m
+42.49%
|
$373.0m
+6.05%
|
$211.5m
-43.30%
|
$398.7m
+88.53%
|
$622.7m
+56.19%
|
$843.3m
+35.42%
|
$752.1m
-10.82%
|
$974.9m
+29.63%
|
— | |
| Depreciation, Amortization and Accretion, Net | $36.4m | $37.2m | $38.8m | $37.5m | $36.6m | $35.9m | $81.8m | $76.5m | $71.5m | $73.3m | $76.9m | |
| Amortization of Intangible Assets | $5.7m | $4.1m | $3.8m | $3.8m | $4.2m | $4.5m | $31.9m | $36.2m | $36.1m | $36.3m | — | |
| Depreciation | $30.8m | $33.1m | $34.9m | $33.7m | $32.5m | $31.4m | $41.7m | $34.7m | $35.4m | $37.0m | $76.9m | |
| Deferred Income Tax Expense (Benefit) | $17.7m | ($9.1m) | $9.5m | $927k | ($31.2m) | ($5.0m) | ($69.7m) | ($53.6m) | $18.2m | $47.6m | $35.2m | |
| Share-based Payment Arrangement, Noncash Expense | $11.4m | $12.3m | $11.6m | $12.6m | $12.2m | $13.7m | $54.1m | $54.1m | $55.1m | $56.8m | $58.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $11.7m | — | — | — | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $11.4m | $12.3m | $11.6m | — | — | — | — | — | — | — | $58.9m | |
| Operating Lease, Impairment Loss | — | — | — | — | $12.0m | $1.2m | $23.1m | $0 | $0 | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | — | $220.7m | $209.0m | — | |
| Increase (Decrease) in Other Operating Assets | ($50.7m) | $19.8m | $739k | $23.8m | ($25.7m) | $69.3m | $106.7m | $13.8m | ($246.8m) | ($37.2m) | — | |
| Gain (Loss) on Disposition of Other Assets | $7.3m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $398.1m |
$445.0m
+11.76%
|
$469.4m
+5.49%
|
$303.9m
-35.27%
|
$380.5m
+25.24%
|
$688.6m
+80.95%
|
$1.3b
+94.01%
|
$978.6m
-26.75%
|
$1.4b
+43.49%
|
$1.1b
-24.65%
|
$1.4b
+29.18%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($397k) | $15k | ($346k) | ($1.3m) | ($1.1m) | $1.2m | ($6.3m) | ($4.6m) | ($1.7m) | ($300k) | ($16.6m) | |
| Payments to Acquire Property, Plant, and Equipment | $40.7m | $28.5m | $33.0m | $25.7m | $21.3m | $16.6m | $28.8m | $40.3m | $35.8m | $49.6m | ($53.0m) | |
| Equipment Expense | $79.9m | $89.5m | $97.9m | $105.3m | $112.3m | $112.8m | $186.4m | $197.9m | $195.0m | $190.6m | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $673.0m | $984.7m | $538.7m | $556.3m | $627.6m | $935.6m | $754.5m | $591.2m | $893.0m | $1.3b | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | $0 | $29k | $8k | $0 | ($6.8m) | ($33.6m) | ($136.2m) | $220k | — | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | — | — | $3.8m | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | — | $3.5m | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | $54.4m | — | — | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | $381k | ($873k) | $1.2m | $6.1m | $12.2m | $11.4m | $24.9m | $27.4m | $160.1m | $293.5m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($1.6b) | ($527.2m) | ($1.4b) | ($2.5b) | ($2.3b) | ($2.4b) | ($7.2b) | ($2.6b) | ($3.9b) | ($4.7b) | ($4.8b) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $0 | — | — | — | — | — | — | — | — | — | ($249.9m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | $2.5m | — | — | $9.8m | — | |
| Proceeds from Issuance of Long-term Debt | $0 | — | — | — | — | — | — | — | — | — | $668.7m | |
| Payments for Repurchase of Common Stock | $11.2m | $11.6m | $12.2m | $13.0m | $76.6m | $0 | $322.1m | $108.0m | $65.4m | $593.7m | — | |
| Payments of Ordinary Dividends, Common Stock | $89.5m | $94.6m | $115.0m | $140.8m | $145.0m | $144.8m | $247.8m | $278.2m | $274.5m | $266.8m | ($276.9m) | |
| Proceeds from Issuance of Common Stock | $0 | — | — | — | — | — | — | — | — | — | — | |
| Other Interest and Dividend Income | — | — | — | — | — | — | — | $105.3m | $56.0m | $105.2m | — | |
| Net Cash Provided by (Used in) Financing Activities | $1.2b |
$122.7m
-90.00%
|
$921.2m
+650.50%
|
$2.2b
+136.02%
|
$1.9b
-12.01%
|
$1.9b
+0.09%
|
$6.2b
+225.27%
|
$2.5b
-59.98%
|
$2.8b
+13.26%
|
$4.1b
+43.96%
|
$3.2b
-21.39%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($71.6m) | $5.2m | $198.5m | $378.4m | $875.9m | $358.6m | $375.1m | $2.7b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $231.2m | $260.4m | $257.9m | $263.1m | $461.6m | $839.9m | $1.7b | $2.1b | $2.4b | $2.7b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $137.8m | ($54.5m) | $280.6m | $150.7m | $222.0m | $210.0m | $171.5m | |
| Bank Owned Life Insurance Income | $0 | — | $2.6m | $4.9m | $1.2m | $4.4m | $6.3m | $3.6m | $14.1m | $4.8m | — | |
| Gain (Loss) on Sales of Loans, Net | $11.1m | $9.9m | $4.4m | $6.1m | $18.3m | $6.2m | $705k | $1.2m | — | — | — | |
| Proceeds from Stock Options Exercised | $11.8m | $8.3m | $2.2m | $619k | $240k | $3.5m | $703k | $1.7m | $254k | $67k | — | |
| Parent Company | $89.5m | $94.6m | $115.0m | $140.8m | $145.0m | $144.8m | $247.8m | $278.2m | $274.5m | $266.8m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $197.2m | $118.1m | $42.2m | $240.9m | $1.2b | $1.6b | $1.6b | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $85.4m | — | |
| Additional Financial Items | ||||||||||||
| Goodwill | $538.4m | $538.4m | $538.4m | $538.4m | $538.4m | $538.4m | $2.5b | $2.6b | $2.9b | $2.9b | $29.5m | |
| Income Tax Expense (Benefit) | $96.3m | $98.4m | $81.2m | $104.0m | $59.4m | $125.0m | $153.7m | $216.7m | $248.3m | $257.3m | — | |
| Noncash Merger Related Costs | — | — | — | — | — | $37.5m | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($5.1m) | ($4.4m) | ($5.5m) | — | — | — | — | — | — | — | — | |
| Payments for Repurchase of Warrants | $163k | $0 | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Redeemable Preferred Stock | — | $145.1m | $0 | $0 | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.