Webster Financial Corporation reported stronger results for the quarter ended September 30, 2025, with net income of $261.2 million, up from $193.0 million a year earlier, and diluted earnings per share rising to $1.54 from $1.10. Return on average assets improved to 1.27%, while return on average tangible common equity reached 17.64%. Net interest income increased to $631.7 million as average interest-earning assets and deposits both grew, and net interest margin held essentially flat at 3.40%. Non-interest income rose sharply to $100.9 million, helped by the absence of prior-period securities losses and higher other income. Asset quality remained generally sound, with non-performing loans at 0.99% of total loans and net charge-offs at 0.28% of average loans, alongside an allowance for credit losses equal to 1.32% of loans. Total assets reached $83.2 billion and loans grew to $55.1 billion, while common equity and tangible book value per share also increased and regulatory capital ratios, including a CET1 ratio of 11.39%, stayed solid.
Webster Financial Corp (WBS) reported an insider equity award. An officer received 4,447 time-based restricted shares on October 28, 2025 at a reported price of $0. These restricted shares will vest on the three-year anniversary of the grant date. Following the award, the officer beneficially owns 15,641 shares with direct ownership.
Webster Financial (WBS) reported an insider equity grant. The Head of Bank Operations acquired 4,447 shares of common stock on 10/28/2025 at $0 per share as time-based restricted stock that will vest on the three-year anniversary of the grant. Following this award, the reporting person beneficially owns 13,053.51 shares, held directly.
Webster Financial (WBS) reported an insider equity grant. The company’s EVP and CFO received 8,894 time-based restricted shares on 10/28/2025 at a stated price of $0. These restricted shares will vest on the three-year anniversary of the grant date.
Following this award, the executive beneficially owns 31,993 shares, held directly. The filing indicates a routine equity compensation grant under established company practices.
Webster Financial Corporation reported compensation adjustments for Senior Executive Vice President and CFO Neal Holland. The Board’s Compensation and Human Resources Committee approved a one-time grant of $500,000 in restricted stock, which vests on the third anniversary of the grant date under the Webster 2021 Stock Incentive Plan.
Effective September 22, 2025, Mr. Holland’s base salary was set at $730,000. His target annual cash incentive award was set at 125% of base salary, and his target annual long-term incentive awards were set at 200% of base salary. The adjustments recognize his rapid integration, significant contributions, and importance in implementing Webster’s strategic plan.
Webster Financial Corporation reported its results for the quarter ended September 30, 2025, via a press release furnished as Exhibit 99.1. The information is furnished and not deemed filed under the Exchange Act. The company will host a conference call on October 17, 2025 to discuss the results, with presentation slides and a live webcast available on its Investor Relations website.
Webster Financial Corp (WBS) filed a Form 144 reporting a proposed sale of 427 common shares with an aggregate market value of $26,430.05, scheduled approximately on 10/06/2025 and listed on the NYSE. The shares were acquired on 05/04/2024 by restricted stock vesting and paid as compensation.
The filing also discloses a prior sale by Albert J. Wang of 3,250 common shares on 07/22/2025 for gross proceeds of $196,007.50. The filer certifies there is no undisclosed material adverse information and includes the standard criminal-liability statement for intentional misstatements.
Kristy Berner, Executive Vice President, General Counsel and Corporate Secretary of Webster Financial Corp (WBS), reported a non-derivative sale on 09/26/2025. The filing shows 1,273 shares disposed at a price of $59.82 each, reducing her direct beneficial ownership from 18,640.369 shares to 17,367.369 shares. The filing notes 24.369 shares were received via dividend reinvestment since the most recent Form 4 filed March 5, 2025. The submission explains the share disposition represents tax withholding related to vesting of time-based restricted shares granted on 09/26/2023. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person and contains no other transactions or derivative holdings.
Elzbieta Cieslik, EVP & CAO of Webster Financial Corp (WBS), reported two open-market sales of common stock in September 2025. She sold 1,000 shares on 09/12/2025 at $61.615 per share and 2,000 shares on 09/15/2025 at $61.58 per share, reducing her direct beneficial ownership from 16,894 shares to 14,894 shares. The Form 4 was signed by an attorney-in-fact on 09/15/2025.
Form 144 notice for Webster Financial Corp (WBS)
The filer notifies a proposed sale of 2,000 common shares through Fidelity Brokerage Services LLC on 09/15/2025 with an aggregate market value of $123,150. The filing states the company has 166,188,648 shares outstanding. All 2,000 shares reported were acquired by restricted stock vesting on four dates (02/19/2017: 423 shares; 02/25/2018: 631 shares; 03/01/2022: 584 shares; 03/01/2023: 362 shares) and were granted as compensation. The filer certifies they are not aware of any undisclosed material adverse information about the issuer. No securities were reported sold in the past three months.