Webster Financial (WBS) Financials

Webster Financial Corp (WBS) is a publicly traded financial holding company based in Waterbury, Connecticut. The company operates through its subsidiary, Webster Bank, which provides a range of banking and financial services to individuals, businesses, and institutions. As of the latest financial statements, Webster Financial Corp had a total revenue of $1.34 billion. The company's gross profit was $1.05 billion, and its net income from stockholders was $271 million. Webster Financial Corp had total assets of $27.6 billion and total liabilities of $24.7 billion. The company's stockholders equity was $2.92 billion. Webster Financial Corp had cash equivalents of $852 million and net debt of $4.61 billion.

Webster Financial Corp's EBIT (earnings before interest and taxes) for the latest reporting period was $336 million. The company's EBITDA (earnings before interest, taxes, depreciation, and amortization) was $375 million. The operating cash flow for Webster Financial Corp was $456 million, while the investing cash flow was -$179 million. The financing cash flow was -$331 million. Webster Financial Corp's free cash flow for the period was $220 million.

Webster Financial Corp is committed to delivering value to its shareholders and maintaining a strong financial position. The company's solid financial performance reflects its disciplined approach to risk management and its focus on serving its customers' needs. Webster Financial Corp continues to invest in its technology infrastructure to enhance its capabilities and provide innovative solutions to its customers. With its strong balance sheet and solid cash flow generation, Webster Financial Corp is well-positioned to navigate the changing economic environment and seize growth opportunities in the financial services industry.