Welcome to our dedicated page for Webster Financial news (Ticker: WBS), a resource for investors and traders seeking the latest updates and insights on Webster Financial stock.
Webster Financial Corporation reports news as the holding company for Webster Bank, N.A., a commercial bank serving businesses, individuals, and families through Commercial Banking, Healthcare Financial Services, and Consumer Banking. Recurring updates cover operating results, expense and tax items, balance sheet activity, and segment-level banking trends across its Northeast core footprint and selected extended geographies.
Company announcements also include common-stock dividends and preferred-stock depositary share dividends for Webster's Series F and Series G preferred stock. Other recurring news categories include governance matters, capital-structure disclosures, material agreements, and shareholder voting matters tied to the bank holding company's public securities.
S&P Dow Jones Indices announced upcoming changes to the S&P 500 and S&P MidCap 400. Effective prior to trading on August 18, 2026, Reddit (NYSE: RDDT) will be added to the S&P 500, replacing AvalonBay Communities (NYSE: AVB), which is being acquired by S&P 500 constituent Equity Residential (NYSE: EQR).
After that merger closes, the combined company will be renamed Vivmark Residential (NYSE: VMRK) and will remain in the S&P 500. Effective prior to trading on August 20, 2026, Sun Communities (NYSE: SUI) will join the S&P MidCap 400, replacing Webster Financial (NYSE: WBS), which is being acquired by Banco Santander (NYSE: SAN). The table specifies each change’s index, ticker and GICS sector.
Banco Santander has received approval from the Federal Reserve for its previously announced acquisition of Webster Financial Corporation (NYSE: WBS), following prior clearances from the U.S. Office of the Comptroller of the Currency on 12 June 2026 and the European Central Bank on 21 July 2026. The transaction is now expected to close on 20 August 2026.
According to Banco Santander, the deal is expected to strengthen its U.S. franchise and support delivery of group financial objectives. By 2028, Santander targets its U.S. business achieving around 18% RoTE, with the transaction projected to deliver roughly 7–8% earnings-per-share accretion and about 15% return on invested capital. Most Webster businesses are expected to be integrated into Santander Bank, N.A. after closing, while both banks will operate independently until then. Webster reports more than $80 billion in total assets and a diversified retail and commercial platform across the U.S. Northeast.
Webster Financial (NYSE: WBS) announced that its Board declared a quarterly cash dividend of $0.40 per common share, payable August 20, 2026 to shareholders of record on August 10, 2026.
The Board also declared quarterly dividends on preferred stock: Series F at $328.125 per share (or $0.328125 per depositary share, 1,000:1 ratio), payable September 15, 2026 to holders of record on August 31, 2026; and Series G at $16.25 per share (or $0.40625 per depositary share, 40:1 ratio), payable October 15, 2026 to holders of record on September 30, 2026.
Webster Financial (NYSE: WBS) reported second quarter 2026 net income applicable to common stockholders of $249.4 million, or $1.56 per diluted share, versus $251.7 million, or $1.52, a year earlier. Excluding Transaction expenses related to its pending acquisition, adjusted diluted EPS would have been $1.60. Revenue totaled $740.0 million, with net interest income of $632.7 million and non-interest income of $107.2 million.
Loans and leases were $57.9 billion (up 7.8% year over year), while deposits reached $70.3 billion (up 6.0%). Asset quality improved as non-performing loans and leases fell 19.7% to $429.0 million, though net charge-offs rose to $42.7 million. The net interest margin declined to 3.26%. Capital remained strong, with a preliminary CET1 ratio of 11.69% and tangible common equity ratio of 7.60%; tangible book value per share increased to $38.81.
Webster highlighted the previously announced agreement under which Banco Santander will acquire Webster in a cash-and-stock Transaction. Webster stockholders are expected to receive $48.75 in cash plus 2.0548 Banco Santander ordinary shares (in ADR form) for each share. The deal has received approvals from Webster’s stockholders, the OCC and the ECB, and remains subject to customary conditions, including Federal Reserve approval. Closing is expected in the second half of 2026. In light of the proposed Transaction, Webster will no longer provide a forward-looking financial outlook.
Webster Financial (NYSE: WBS), holding company for Webster Bank, plans to release its second quarter 2026 earnings after the close of U.S. markets on July 21, 2026. The company will not hold an earnings call or provide an accompanying presentation, citing its pending merger with Banco Santander, S.A..
Webster Bank (NYSE:WBS) has implemented Prolific Banking’s FI-Streams Connector, using Plaid’s FDX-aligned Core Exchange API to enhance commercial client data connectivity. The integration enables secure access to business account information, transaction history, and authentication, synchronized with Webster’s digital banking platform for entitlements and user authorization.
Commercial clients can now connect Webster accounts to more than seven thousand Plaid-powered apps and services, including accounting platforms, treasury management tools, and financial management applications, supporting open banking infrastructure while maintaining institutional security, control, and customization.
Webster Financial (NYSE: WBS) declared quarterly cash dividends for common and two preferred series.
The Board approved a $0.40 per-share common dividend payable May 21, 2026 to holders of record on May 11, 2026. Series F preferred: $328.125 per share ($0.328125 per depositary share) payable June 15, 2026 to holders of record May 31, 2026. Series G preferred: $16.25 per share ($0.40625 per depositary share) payable July 15, 2026 to holders of record June 30, 2026.
Webster Financial (NYSE: WBS) reported first-quarter 2026 net income of $239.3 million, or $1.50 diluted EPS; adjusted EPS was $1.57. Revenue was $735.9 million. Period-end loans were $57.2 billion and deposits $69.0 billion. Net interest margin was 3.36%; CET1 ratio was 11.42%. Webster entered into a sale agreement with Banco Santander: $48.75 cash plus 2.0548 Santander ordinary shares per Webster share, expected to close in H2 2026; Webster withdrew forward guidance given the pending transaction.
Webster Financial (NYSE: WBS) will release Q1 2026 earnings after U.S. market close on April 28, 2026. The company said it will not host an earnings call or provide a presentation because of its pending transaction with Banco Santander.
Investors should expect a written release only; timing is post‑market on April 28.
Webster Financial (to be acquired by Banco Santander, NYSE:SAN) agreed to a cash-and-stock deal valuing Webster at about $12.3 billion. Webster shareholders will receive $48.75 cash plus 2.0548 Santander ADS per share, implying $75.59 per Webster share and a 16% premium to the 10-day VWAP.
The boards approved the definitive agreement; closing is expected in second half of 2026 and remains subject to bank regulatory and shareholder approvals in the U.S. and EU.