Webster Financial
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Webster Financial's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $2,500,159,000. The net income raised on $867,840,000 and profit margin reached 35%. Total operating expenses were $1,113,319,000.
Profit Margin
| 2014 | 827.04M | 199.75M | 24.15% |
|---|---|---|---|
| 2015 | 900.99M | 206.34M | 22.9% |
| 2016 | 979.98M | 207.12M | 21.14% |
| 2017 | 1.05B | 255.43M | 24.27% |
| 2018 | 1.18B | 360.41M | 30.39% |
| 2019 | 1.23B | 382.72M | 30.93% |
| 2020 | 1.17B | 220.62M | 18.78% |
| 2021 | 1.22B | 408.86M | 33.42% |
| 2022 | 2.47B | 644.28M | 26.06% |
| 2023 | 2.50B | 867.84M | 34.71% |
WBS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.50B | 2.47B | 1.22B | 1.17B | 1.23B | 1.18B | 1.05B | 979.98M | 900.99M | 827.04M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.50M |
Gross profit | 2.50B | 2.47B | 1.22B | 1.17B | 1.23B | 1.18B | 1.05B | 979.98M | 900.99M | 830.54M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 18.62M | 16.43M | 12.05M | 14.12M | 16.28M | 16.83M | 17.42M | 19.70M | 16.05M | 15.37M |
Total operating expenses | 1.11B | 16.43M | -689.43M | -894.93M | -750.79M | -599.13M | 17.42M | -545.34M | -480.10M | -630.79M |
Operating income | 1.09B | 1.04B | 533.86M | 279.97M | 486.69M | 590.11M | 504.21M | 437.64M | 424.06M | 199.75M |
Other income (expenses), net | -6.5M | -250.45M | 533.86M | -112.70M | 486.69M | -148.48M | -120.33M | -134.19M | -100.96M | -98.45M |
Income before tax | 1.08B | 797.97M | 533.86M | 279.97M | 486.69M | 441.63M | 353.79M | 303.45M | 300.31M | 291.16M |
Income tax expense | 216.66M | 153.69M | 124.99M | 59.35M | 103.96M | 81.21M | 98.35M | 96.32M | 93.97M | 91.40M |
Net income | 867.84M | 644.28M | 408.86M | 220.62M | 382.72M | 360.41M | 255.43M | 207.12M | 206.34M | 199.75M |
Earnings per share | ||||||||||
Basic EPS | 4.91 | 3.72 | 4.43 | 2.35 | 4.07 | 3.92 | 2.68 | 2.17 | 2.15 | 2.1 |
Diluted EPS | 4.91 | 3.72 | 4.42 | 2.35 | 4.06 | 3.91 | 2.67 | 2.16 | 2.13 | 2.08 |
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