WEBSTER FINANCIAL CORP
WBS, WBS-PF, WBS-PG · National Commercial Banks · 162.0M shares · +17%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $54M (gross $108M, SBC $54M)
Reference price $71.67 · est. market cap ~$11.6B — last insider sale, 2026-05-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C68Solid mid-cap commercial bank with healthy ROA and strong earnings growth, but mid-pack ROE keeps it average despite a pending acquisition.
Strengths
- Strong ROA 1.19% (69th pct), ROIC 11.4% (76th pct) and net income growth +30.5% (67th pct)
- Differentiated HSA Bank / Healthcare Financial Services franchise; pending Santander acquisition signals franchise value
Risks
- ROE only 10.6% (~59th pct) — mid-pack for banks; tangible book ratio low (15th pct) on AOCL/securities marks
- Commercial-lending concentration and deal-completion/integration risk with the Santander transaction
Notable findings
- No interest coverageInterest coverage 0.96 (cannot cover interest)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Chronic dilutionShare count +17%/yr over 4y (dilution)
- Pending mergerSolid mid-cap commercial bank with healthy ROA and strong earnings growth, but mid-pack ROE keeps it average despite a pending acquisition
- Insider sellingInsider selling — 2 open-market sale(s) by 1 insider(s) (~$1M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
50.7%
Net margin
34.6%
Return on equity
10.6%
Return on assets
1.2%
ROIC
11.4%
Revenue growth (QoQ)
-1.4%
Net-income growth
30.5%
Debt / equity
0.1×
Interest coverage
1.0×
Free cash flow
$1.0B
EBITDA
$1.5B
Tangible book value
$6.3B
Stock comp / revenue
2.0%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-08 | Aboelnaga Mona | Gift | 1.5K | — |
| 2026-05-21 | Cahill John P. | Grant | 1.6K | — |
| 2026-05-21 | Mitchell Maureen | Grant | 1.6K | — |
| 2026-05-21 | Whiston William E. | Grant | 1.6K | — |
| 2026-05-21 | Pettie Mark | Grant | 1.6K | — |
| 2026-05-21 | States Lauren | Grant | 1.6K | — |
| 2026-05-21 | HAYLES CAROL | Grant | 1.6K | — |
| 2026-05-21 | MORSE LAURENCE C | Grant | 1.6K | — |
| 2026-05-21 | O'Toole Richard L. | Grant | 1.6K | — |
| 2026-05-21 | Aboelnaga Mona | Grant | 1.6K | — |
| 2026-05-21 | ATWELL WILLIAM L | Grant | 1.6K | — |
| 2026-05-21 | Crawford Frederick John | Grant | 1.6K | — |
| 2026-05-21 | Haas William David | Grant | 1.6K | — |
| 2026-05-18 | CIULLA JOHN R | Sell | 8.0K | $71.67 |
| 2026-05-04 | O'Toole Richard L. | Gift | 10K | — |
| 2026-03-11 | Massiani Luis | Grant | 35K | — |
| 2026-03-11 | HOLLAND WILLIAM NEAL | Grant | 21K | — |
| 2026-03-11 | GRIFFIN JAMES MI | Grant | 9.0K | — |
| 2026-03-11 | CIESLIK ELZBIETA | Grant | 4.4K | — |
| 2026-03-11 | KRYNICK BENJAMIN L. | Grant | 4.8K | — |
| 2026-03-11 | SOTO JASON A. | Grant | 8.2K | — |
| 2026-03-11 | NAFDE VIKRAM A. | Grant | 7.8K | — |
| 2026-03-11 | Weidner Marissa | Grant | 4.6K | — |
| 2026-03-11 | Berner Kristy | Grant | 8.2K | — |
| 2026-03-11 | Evans Javier L. | Grant | 8.4K | — |
| 2026-03-11 | Schugel Jason E. | Grant | 15K | — |
| 2026-03-11 | MOTL CHRISTOPHER J | Grant | 23K | — |
| 2026-03-11 | WILKINS CHARLES L | Grant | 9.0K | — |
| 2026-03-11 | CIULLA JOHN R | Grant | 66K | — |
| 2026-03-03 | HOLLAND WILLIAM NEAL | Tax withheld | 1.4K | $71.40 |
| 2026-03-03 | CIULLA JOHN R | Tax withheld | 4.9K | $71.40 |
| 2026-03-03 | Massiani Luis | Tax withheld | 2.3K | $71.40 |
| 2026-03-03 | WILKINS CHARLES L | Tax withheld | 328 | $71.40 |
| 2026-03-03 | GRIFFIN JAMES MI | Tax withheld | 542 | $71.40 |
| 2026-03-03 | MOTL CHRISTOPHER J | Tax withheld | 1.6K | $71.40 |
| 2026-03-03 | Evans Javier L. | Tax withheld | 658 | $71.40 |
| 2026-03-03 | Berner Kristy | Tax withheld | 597 | $71.40 |
| 2026-03-03 | CIESLIK ELZBIETA | Tax withheld | 326 | $71.40 |
| 2026-03-03 | Weidner Marissa | Tax withheld | 343 | $71.40 |
| 2026-03-03 | KRYNICK BENJAMIN L. | Tax withheld | 325 | $71.40 |
| 2026-03-03 | NAFDE VIKRAM A. | Tax withheld | 543 | $71.40 |
| 2026-03-03 | SOTO JASON A. | Tax withheld | 430 | $71.40 |
| 2026-03-02 | NAFDE VIKRAM A. | Tax withheld | 1.0K | $72.13 |
| 2026-03-02 | GRIFFIN JAMES MI | Grant | 5.1K | — |
| 2026-03-02 | GRIFFIN JAMES MI | Tax withheld | 2.3K | $72.13 |
| 2026-03-02 | GRIFFIN JAMES MI | Tax withheld | 1.1K | $72.13 |
| 2026-03-02 | CIESLIK ELZBIETA | Grant | 3.1K | — |
| 2026-03-02 | CIESLIK ELZBIETA | Tax withheld | 1.5K | $72.13 |
| 2026-03-02 | CIESLIK ELZBIETA | Tax withheld | 692 | $72.13 |
| 2026-03-02 | KRYNICK BENJAMIN L. | Tax withheld | 804 | $72.13 |
| 2026-03-02 | SOTO JASON A. | Grant | 5.1K | — |
| 2026-03-02 | SOTO JASON A. | Tax withheld | 1.8K | $72.13 |
| 2026-03-02 | SOTO JASON A. | Tax withheld | 867 | $72.13 |
| 2026-03-02 | NAFDE VIKRAM A. | Grant | 3.6K | — |
| 2026-03-02 | NAFDE VIKRAM A. | Tax withheld | 1.7K | $72.13 |
| 2026-03-02 | Weidner Marissa | Grant | 3.1K | — |
| 2026-03-02 | Weidner Marissa | Tax withheld | 1.5K | $72.13 |
| 2026-03-02 | Weidner Marissa | Tax withheld | 692 | $72.13 |
| 2026-03-02 | Berner Kristy | Tax withheld | 783 | $72.13 |
| 2026-03-02 | Evans Javier L. | Grant | 5.6K | — |
| 2026-03-02 | Evans Javier L. | Tax withheld | 2.9K | $72.13 |
| 2026-03-02 | Evans Javier L. | Tax withheld | 1.4K | $72.13 |
| 2026-03-02 | MOTL CHRISTOPHER J | Grant | 12K | — |
| 2026-03-02 | MOTL CHRISTOPHER J | Tax withheld | 5.4K | $72.13 |
| 2026-03-02 | MOTL CHRISTOPHER J | Tax withheld | 3.1K | $72.13 |
| 2026-03-02 | WILKINS CHARLES L | Grant | 6.3K | — |
| 2026-03-02 | WILKINS CHARLES L | Tax withheld | 1.6K | $72.13 |
| 2026-03-02 | WILKINS CHARLES L | Tax withheld | 709 | $72.13 |
| 2026-03-02 | CIULLA JOHN R | Grant | 40K | — |
| 2026-03-02 | CIULLA JOHN R | Tax withheld | 18K | $72.13 |
| 2026-03-02 | CIULLA JOHN R | Tax withheld | 8.1K | $72.13 |
| 2026-03-02 | Massiani Luis | Grant | 18K | — |
| 2026-03-02 | Massiani Luis | Tax withheld | 9.2K | $72.13 |
| 2026-03-02 | Massiani Luis | Tax withheld | 5.0K | $72.13 |
| 2026-02-17 | CIULLA JOHN R | Sell | 8.0K | $71.91 |
| 2026-01-27 | GRIFFIN JAMES MI | Grant | 7.8K | — |
| 2026-01-27 | SOTO JASON A. | Grant | 12K | — |
| 2026-01-27 | NAFDE VIKRAM A. | Grant | 7.8K | — |
| 2026-01-27 | Antonopoulos Kristen | Grant | 7.4K | — |
| 2025-12-08 | Weidner Marissa | Sell | 2.5K | $62.98 |
| 2025-12-08 | MADAR GREGORY | Sell | 654 | $62.63 |
| 2025-11-17 | CIULLA JOHN R | Sell | 8.0K | $55.45 |
| 2025-10-28 | KRYNICK BENJAMIN L. | Grant | 4.4K | — |
| 2025-10-28 | HOLLAND WILLIAM NEAL | Grant | 8.9K | — |
| 2025-10-28 | Weidner Marissa | Grant | 4.4K | — |
| 2025-09-26 | Berner Kristy | Tax withheld | 1.3K | $59.82 |
| 2025-09-15 | CIESLIK ELZBIETA | Sell | 2.0K | $61.58 |
| 2025-09-12 | CIESLIK ELZBIETA | Sell | 1.0K | $61.62 |
| 2025-09-08 | HAYLES CAROL | Sell | 4.8K | $61.58 |
| 2025-08-28 | GRIFFIN JAMES MI | Sell | 807 | $62.14 |
| 2025-08-14 | CIULLA JOHN R | Sell | 8.0K | $57.95 |
| 2025-08-12 | Schugel Jason E. | Grant | 5.3K | — |
| 2025-08-12 | Crawford Frederick John | Grant | 1.0K | — |
| 2025-07-28 | ATWELL WILLIAM L | Sell | 14K | $59.18 |
| 2025-07-28 | ATWELL WILLIAM L | Sell | 2.5K | $59.26 |
| 2025-07-25 | HOLLAND WILLIAM NEAL | Tax withheld | 1.6K | $60.22 |
| 2025-07-22 | Wang Albert Jen-Wen | Sell | 3.2K | $60.31 |
| 2025-07-21 | GRIFFIN JAMES MI | Sell | 2.1K | $60.56 |
| 2025-07-21 | SOTO JASON A. | Sell | 2.1K | $61.21 |
| 2025-07-21 | SOTO JASON A. | Sell | 400 | $61.19 |
| 2025-06-16 | NAFDE VIKRAM A. | Tax withheld | 1.6K | $51.94 |
| 2025-06-06 | WILKINS CHARLES L | Sell | 5.0K | $53.25 |
| 2025-05-28 | Evans Javier L. | Sell | 7.8K | $52.58 |
| 2025-05-22 | States Lauren | Gift | 275 | — |
| 2025-05-22 | States Lauren | Sell | 200 | $50.72 |
| 2025-05-22 | States Lauren | Sell | 2.0K | $50.81 |
| 2025-05-21 | MORSE LAURENCE C | Grant | 2.2K | — |
| 2025-05-21 | Aboelnaga Mona | Grant | 2.2K | — |
| 2025-05-21 | ATWELL WILLIAM L | Grant | 2.2K | — |
| 2025-05-21 | Cahill John P. | Grant | 2.2K | — |
| 2025-05-21 | Haas William David | Grant | 2.2K | — |
| 2025-05-21 | HAYLES CAROL | Grant | 2.2K | — |
| 2025-05-21 | States Lauren | Grant | 2.2K | — |
| 2025-05-21 | Whiston William E. | Grant | 2.2K | — |
| 2025-05-21 | Pettie Mark | Grant | 2.2K | — |
| 2025-05-21 | O'Toole Richard L. | Grant | 2.2K | — |
| 2025-05-21 | Mitchell Maureen | Grant | 2.2K | — |
| 2025-05-14 | GRIFFIN JAMES MI | Sell | 1.5K | $53.20 |
| 2025-05-12 | BLEY DANIEL | Sell | 1.2K | $53.08 |
| 2025-05-05 | BLEY DANIEL | Sell | 35 | $50.05 |
| 2025-05-05 | BLEY DANIEL | Sell | 200 | $49.98 |
| 2025-05-05 | BLEY DANIEL | Sell | 100 | $49.98 |
| 2025-05-05 | BLEY DANIEL | Sell | 865 | $49.97 |
| 2025-04-29 | BLEY DANIEL | Sell | 1.8K | $47.84 |
| 2025-03-03 | Massiani Luis | Tax withheld | 7.6K | $56.32 |
| 2025-03-03 | Massiani Luis | Tax withheld | 6.7K | $56.32 |
| 2025-03-03 | MOTL CHRISTOPHER J | Grant | 11K | — |
| 2025-03-03 | MOTL CHRISTOPHER J | Grant | 11K | — |
| 2025-03-03 | MOTL CHRISTOPHER J | Tax withheld | 4.9K | $56.32 |
| 2025-03-03 | MOTL CHRISTOPHER J | Tax withheld | 4.2K | $56.32 |
| 2025-03-03 | Weidner Marissa | Grant | 2.2K | — |
| 2025-03-03 | Weidner Marissa | Grant | 3.3K | — |
| 2025-03-03 | Weidner Marissa | Tax withheld | 1.6K | $56.32 |
| 2025-03-03 | Weidner Marissa | Tax withheld | 1.0K | $56.32 |
| 2025-03-03 | Wang Albert Jen-Wen | Grant | 4.5K | — |
| 2025-03-03 | Wang Albert Jen-Wen | Tax withheld | 657 | $56.32 |
| 2025-03-03 | Wang Albert Jen-Wen | Tax withheld | 889 | $56.32 |
| 2025-03-03 | WILKINS CHARLES L | Grant | 4.0K | — |
| 2025-03-03 | WILKINS CHARLES L | Grant | 6.4K | — |
| 2025-03-03 | WILKINS CHARLES L | Tax withheld | 2.6K | $56.32 |
| 2025-03-03 | WILKINS CHARLES L | Tax withheld | 5.0K | $56.32 |
| 2025-03-03 | SOTO JASON A. | Grant | 3.9K | — |
| 2025-03-03 | SOTO JASON A. | Grant | 4.3K | — |
| 2025-03-03 | SOTO JASON A. | Tax withheld | 1.5K | $56.32 |
| 2025-03-03 | SOTO JASON A. | Tax withheld | 5.8K | $56.32 |
| 2025-03-03 | HOLLAND WILLIAM NEAL | Grant | 9.0K | — |
| 2025-03-03 | Wang Albert Jen-Wen | Grant | 1.8K | — |
| 2025-03-03 | NAFDE VIKRAM A. | Grant | 3.5K | — |
| 2025-03-03 | NAFDE VIKRAM A. | Tax withheld | 1.4K | $56.32 |
| 2025-03-03 | CIESLIK ELZBIETA | Grant | 2.1K | — |
| 2025-03-03 | CIESLIK ELZBIETA | Grant | 3.3K | — |
| 2025-03-03 | CIESLIK ELZBIETA | Tax withheld | 1.6K | $56.32 |
| 2025-03-03 | CIESLIK ELZBIETA | Tax withheld | 1.0K | $56.32 |
| 2025-03-03 | Berner Kristy | Grant | 3.9K | — |
| 2025-03-03 | Berner Kristy | Tax withheld | 800 | $56.32 |
| 2025-03-03 | BLEY DANIEL | Grant | 3.9K | — |
| 2025-03-03 | BLEY DANIEL | Grant | 5.8K | — |
| 2025-03-03 | BLEY DANIEL | Tax withheld | 1.9K | $56.32 |
| 2025-03-03 | BLEY DANIEL | Tax withheld | 1.3K | $56.32 |
| 2025-03-03 | CIULLA JOHN R | Grant | 32K | — |
| 2025-03-03 | CIULLA JOHN R | Grant | 33K | — |
| 2025-03-03 | CIULLA JOHN R | Tax withheld | 15K | $56.32 |
| 2025-03-03 | CIULLA JOHN R | Tax withheld | 11K | $56.32 |
| 2025-03-03 | GRIFFIN JAMES MI | Grant | 3.7K | — |
| 2025-03-03 | GRIFFIN JAMES MI | Grant | 5.3K | — |
| 2025-03-03 | GRIFFIN JAMES MI | Tax withheld | 2.0K | $56.32 |
| 2025-03-03 | GRIFFIN JAMES MI | Tax withheld | 1.3K | $56.32 |
| 2025-03-03 | Evans Javier L. | Grant | 3.9K | — |
| 2025-03-03 | Evans Javier L. | Grant | 5.8K | — |
| 2025-03-03 | Evans Javier L. | Tax withheld | 3.1K | $56.32 |
| 2025-03-03 | Evans Javier L. | Tax withheld | 2.0K | $56.32 |
| 2025-03-03 | KRYNICK BENJAMIN L. | Grant | 2.1K | — |
| 2025-03-03 | KRYNICK BENJAMIN L. | Tax withheld | 1.0K | $56.32 |
| 2025-03-03 | Massiani Luis | Grant | 14K | — |
| 2025-03-03 | Massiani Luis | Grant | 15K | — |
| 2025-02-20 | CIULLA JOHN R | Sell | 8.0K | $57.43 |
| 2025-02-19 | MORSE LAURENCE C | Sell | 13K | $59.07 |
| 2025-02-11 | Pettie Mark | Gift | 300 | — |
| 2025-02-11 | Pettie Mark | Gift | 300 | — |
| 2025-02-03 | MOTL CHRISTOPHER J | Grant | 4.2K | — |
| 2025-02-03 | MOTL CHRISTOPHER J | Tax withheld | 4.6K | $60.24 |
| 2025-02-03 | Massiani Luis | Grant | 6.3K | — |
| 2025-02-03 | Massiani Luis | Tax withheld | 7.5K | $60.24 |
| 2025-02-03 | CIULLA JOHN R | Grant | 10K | — |
| 2025-02-03 | CIULLA JOHN R | Tax withheld | 11K | $60.24 |
| 2025-01-23 | States Lauren | Gift | 420 | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (2)
- Federal Home Loan Bank of Boston
- Federal Reserve Bank of New York
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-16 | 2026-06-12 | 0000801337-26-000017 ↗ |
| 8-K | 2026-05-27 | 2026-05-26 | 0001193125-26-241890 ↗ |
| 8-K | 2026-05-18 | 2026-05-18 | 0001193125-26-229155 ↗ |
| 10-Q | 2026-04-30 | 2026-03-31 | 0000801337-26-000015 ↗ |
| 8-K | 2026-04-28 | 2026-04-28 | 0000801337-26-000013 ↗ |
| 10-K/A | 2026-04-24 | 2025-12-31 | 0000801337-26-000011 ↗ |
| 10-K | 2026-02-27 | 2025-12-31 | 0000801337-26-000008 ↗ |
| 8-K | 2026-02-06 | 2026-02-03 | 0001193125-26-041328 ↗ |
| 8-K | 2026-02-03 | 2026-02-03 | 0001193125-26-035891 ↗ |
| 8-K/A | 2026-01-23 | 2026-01-23 | 0000801337-26-000006 ↗ |
| 8-K | 2026-01-23 | 2026-01-23 | 0000801337-26-000004 ↗ |
| 8-K | 2026-01-09 | 2026-01-06 | 0000801337-26-000002 ↗ |