Webster Financial posts Q2 EPS of USD 1.56, up 2.63% from USD 1.52 a year earlier; net income attributable to common stockholders slips 0.9% to USD 249.4 million.
Revenue rises 4.64% to USD 740 million, with net interest income up 1.85% to USD 632.7 million as net interest margin narrows 18 basis points to 3.26%.
Provision for credit losses falls 32.26% to USD 31.5 million; non-performing loans and leases drop 19.7% to USD 429 million.
Loans and leases climb 1.1% from the prior quarter to USD 57.9 billion, while deposits increase 1.8% to USD 70.3 billion.
Banco Santander deal remains on track
Banco Santander deal remains on track for a second-half 2026 close, pending Federal Reserve approval; shareholders would receive USD 48.75 cash, 2.0548 Banco Santander shares per share.
WBS•
