Webster Financial (US:WBS)2026-01-23 14:00Financial Highlights - Full year adjusted Return on Average Assets (ROAA) was 1.24%[2] and Return on Average Tangible Common Equity (ROATCE) was 17.26%[2] - Adjusted diluted Earnings Per Share (EPS) grew 10.4% year-over-year to $5.94[4] - Tangible book value per share grew 12.9% year-over-year to $37.20[4] Balance Sheet Growth - Total loans increased by 7.8% year-over-year[4], representing an increase of $4.1 billion[14] - Total deposits increased by 6.2% year-over-year[4], representing an increase of $4.0 billion[19] - Loans grew by 2.8% quarter-over-quarter[5,6,13], representing an increase of $1.5 billion[13] - Deposits grew by 0.9% quarter-over-quarter[5,6,17,18], representing an increase of $0.6 billion[18] Key Ratios - The loan-to-deposit ratio was 82.3%[5,6,8,10] - Net Interest Margin (NIM) was 3.35%[5,6] - Common Equity Tier 1 (CET1) ratio was 11.22%[5,6,8] - Tangible Common Equity (TCE) ratio was 7.42%[5,6,8] Income Statement - Pre-provision net revenue (PPNR) was $371.0 million[5] - Net income applicable to common was $254.7 million[5] - Diluted EPS was $1.59[5] - Efficiency ratio was 47.0%[5] Asset Quality - Commercial classified loans decreased by 5.0% year-over-year[4] - Criticized loans decreased by 6.2% quarter-over-quarter[5,6] - Classified loans decreased by 6.7% quarter-over-quarter[5,6] - Net charge-off ratio was 35 bps[5,6] Capital Management - The company repurchased 10.9 million shares during the full year[4] and 3.6 million shares during the fourth quarter[5,6] Outlook - The company expects full year loan growth of 5% to 7%[61] and deposit growth of 4% to 6%[61] - The company expects full year net interest income (NII) of $2.57 billion to $2.63 billion[61]