- Webster Financial press release ( NYSE: WBS ): Q4 Non-GAAP EPS of $1.60 misses by $0.06 .
- Revenue of $704.55M (+122.3% Y/Y) misses by $3.97M .
- Period end loan and lease balance of $49.8 billion; 81 percent commercial loans and leases, 19 percent consumer loans, and a loan to deposit ratio of 92 percent.
- Period end deposit balance of $54.1 billion.
- Provision for credit losses totaled $43.0 million.
- Charges related to the merger and balance sheet repositioning totaled $50.4 million.
- Return on average assets of 1.40 percent; adjusted 1.61 percent.
- Return on average tangible common equity of 19.93 percent 1 ; adjusted 22.92 percent.
- Net interest margin of 3.74 percent, up 20 basis points from prior quarter.
- Common equity tier 1 ratio of 10.71 percent.
- Efficiency ratio of 40.27 percent.
- Tangible common equity ratio of 7.38 percent
- Shares -1% PM.
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Webster Financial Non-GAAP EPS of $1.60 misses by $0.06, revenue of $704.55M misses by $3.97M