Webster Financial Corporation (NYSE:WBS) reported strong third-quarter 2025 results on Friday, beating Wall Street expectations on both profit and revenue. The bank posted net income applicable to common stockholders of $254.1 million, or $1.54 per diluted share, slightly above the analyst estimate of $1.52. Revenue came in at $732.6 million, topping the consensus of $727.54 million.
Despite the record earnings, Webster shares were little changed in pre-market trading, edging down 0.09%.
Revenue rose sharply from the $647.6 million recorded a year earlier. Net interest income increased to $631.7 million from $589.9 million, while net interest margin remained resilient at 3.40%, slipping only four basis points compared to the prior quarter.
The bank’s loan book expanded by $1.4 billion, or 2.6%, to $55.1 billion, and deposits climbed $1.9 billion, or 2.8%, to $68.2 billion. Asset quality remained solid, with an allowance for credit losses at 1.32% of total loans.
“Webster continues to exhibit strong financial results,” said John R. Ciulla, chairman and chief executive officer. “It is appropriate that on Webster’s 90th anniversary, the consistency and excellence Webster has delivered since its founding persists.”
The bank’s efficiency ratio stood at 45.79%, and return on average tangible common equity reached 17.64%. Webster also bought back 2.2 million shares during the quarter as part of its ongoing repurchase program.
Webster Financial Corporation stock price
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