For the quarter ending 2026-03-31, WBS had $410,639K increase in cash & cash equivalents over the period. $278,273K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 246,231 | 255,820 | 261,217 | 258,848 |
| Provision for credit losses | 54,000 | 42,000 | 44,000 | 46,500 |
| Deferred income tax expense | 39,317 | 16,241 | 11,678 | -7,967 |
| Stock-based compensation | 14,002 | 14,944 | 12,747 | 15,121 |
| Depreciation and amortization of property and equipment and intangible assets | 19,998 | 18,653 | 18,366 | 18,088 |
| Net (accretion) and amortization of interest-earning assets and borrowings | 33,746 | 42,710 | 42,357 | 39,353 |
| Amortization of low-income housing tax credit investments | 38,353 | 25,440 | 23,162 | 34,611 |
| Reduction of rou lease assets | -7,540 | -7,017 | -7,423 | -15,520 |
| Net (gain) loss on sale of investment securities | - | - | -21,831 | -49,963 |
| Net (gain) on sale of investment securities | 0 | 220 | - | - |
| Originations of loans held for sale | 6,534 | 3,081 | 1,981 | 1,676 |
| Proceeds from sale of loans held for sale | 7,009 | 1,037 | 2,006 | 2,284 |
| Net loss on sale of factored receivables portfolio | - | 0 | 0 | - |
| Net (gain) on sale of mortgage servicing rights | - | 0 | 0 | 0 |
| (increase) in cash surrender value of life insurance policies | 8,644 | 8,520 | 7,535 | 9,172 |
| (gain) from life insurance policies | 1,247 | 1,735 | 1,550 | 671 |
| (gain) on extinguishment of long-term debt | - | 9,767 | - | - |
| (gain) on sale of alternative investments | 1,519 | 2,101 | 957 | 2,457 |
| Other operating activities, net | -2,553 | -9,818 | -3,297 | -2,428 |
| Net decrease (increase) in loans held for sale | - | -3 | - | - |
| Net decrease (increase) in derivative contract assets and liabilities | -54,085 | 12,923 | 24,191 | 63,363 |
| Net (increase) in prepaid expenses and other assets | 17,633 | -21,010 | -92,733 | 62,504 |
| Net (decrease) in accrued expenses and other liabilities | -119,912 | 6,102 | -16,744 | 77,147 |
| Net cash provided by operating activities | 288,747 | 317,612 | 374,720 | 270,914 |
| Purchases of available-for-sale investment securities | 954,225 | 567,039 | 405,896 | 465,312 |
| Proceeds from principal payments, maturities, and calls of available-for-sale investment securities | 292,308 | 470,775 | 257,303 | 232,636 |
| Proceeds from sale of available-for-sale investment securities | 0 | 0 | 0 | 0 |
| Purchases of held-to-maturity investment securities | - | 0 | 0 | 0 |
| Proceeds from principal payments, maturities, and calls of held-to-maturity investment securities | 141,176 | 123,993 | 131,238 | 121,299 |
| Net (increase) in federal home loan bank and federal reserve bank stock | 74,984 | 16,180 | -30,041 | 19,570 |
| Alternative investments (capital calls), net of returns of capital | 78,076 | 87,769 | 64,284 | 84,721 |
| Proceeds from sales of alternative investments | 3,671 | 2,601 | 1,304 | 4,566 |
| Net (increase) in loans | 699,630 | 1,611,760 | 1,459,468 | 907,765 |
| Proceeds from sale of loans not originated for sale | 16,806 | 67,412 | 251,667 | 42,061 |
| Proceeds from sale of mortgage servicing rights | - | 0 | 0 | 0 |
| Proceeds from sale of foreclosed properties and repossessed assets | 1,262 | 260 | 1,534 | 80 |
| Proceeds from sale of property and equipment | 1,317 | 225 | 1,789 | 2,323 |
| Purchases of property and equipment | 10,474 | 15,818 | 12,215 | 13,222 |
| Proceeds from life insurance policies | 4,007 | 3,804 | 6,179 | 587 |
| Cash paid for acquisitions of hsa deposits | - | 5,754 | 674 | - |
| Net cash paid for acquisition-Secure Save | - | 24,401 | - | - |
| Net cash paid for acquisition-Ametros | - | 0 | - | - |
| Net cash paid for acquisition of ametros | - | - | 0 | 0 |
| Net cash paid for acquisition-Inter LINK | - | 0 | - | - |
| Payments for premiums on life insurance policies | 3,040 | - | - | - |
| Net cash (used for) investing activities | -1,359,882 | -1,659,651 | -1,261,482 | -1,088,466 |
| Net increase in deposits | 277,690 | 586,273 | 1,860,725 | 741,600 |
| Net increase in federal home loan bank advances | 1,829,901 | 419,901 | -779,097 | 429,903 |
| Net (decrease) in securities sold under agreements to repurchase | -526,982 | 495,021 | -271,089 | 289,411 |
| Repayment of long-term debt | - | 499,000 | 0 | 0 |
| Proceeds from the issuance of long-term debt | - | 0 | 347,389 | - |
| Debt issuance costs | - | 0 | 1,636 | - |
| Payment of contingent consideration | - | 22,894 | -206 | -11,241 |
| Dividends paid to common stockholders | 64,494 | 64,518 | 66,473 | 67,294 |
| Dividends paid to preferred stockholders | 4,163 | 4,163 | 4,162 | 4,162 |
| Exercise of stock options | - | 0 | 67 | - |
| Common stock repurchase program | 0 | 204,266 | 129,787 | 78,614 |
| Common shares acquired related to stock compensation plan activity | 30,178 | 165 | 407 | 408 |
| Net cash provided by financing activities | 1,481,774 | 729,083 | 955,324 | 1,299,195 |
| Net increase in cash and cash equivalents | 410,639 | -612,956 | 68,562 | 481,643 |
| Cash and cash equivalents, beginning of period | 2,449,525 | 3,062,481 | 2,993,919 | 2,512,276 |
| Cash and cash equivalents, end of period | 2,860,164 | 2,449,525 | 3,062,481 | 2,993,919 |
WEBSTER FINANCIAL CORP (WBS)
WEBSTER FINANCIAL CORP (WBS)