Webster Financial (WBS) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Webster Financial Revenue Highlights

Latest Revenue (Y)

$3.94B

Latest Revenue (Q)

$1.06B

Main Segment (Y)

Deposit Service Fees

Webster Financial Revenue by Period

Webster Financial Revenue by Year

Date	Revenue	Change
2023-12-31	$3.94B	59.46%
2022-12-31	$2.47B	102.12%
2021-12-31	$1.22B	4.12%
2020-12-31	$1.17B	-5.06%
2019-12-31	$1.24B	4.34%
2018-12-31	$1.19B	12.67%
2017-12-31	$1.05B	7.42%
2016-12-31	$979.99M	8.77%
2015-12-31	$901.00M	8.94%
2014-12-31	$827.04M	5.82%
2013-12-31	$781.56M	2.35%
2012-12-31	$763.61M	3.08%
2011-12-31	$740.81M	-0.12%
2010-12-31	$741.67M	9.75%
2009-12-31	$675.75M	40.26%
2008-12-31	$481.77M	-32.53%
2007-12-31	$714.07M	-1.90%
2006-12-31	$727.90M	-1.40%
2005-12-31	$738.23M	7.32%
2004-12-31	$687.87M	6.48%
2003-12-31	$646.00M	9.25%
2002-12-31	$591.30M	11.66%
2001-12-31	$529.58M	16.30%
2000-12-31	$455.34M	14.94%
1999-12-31	$396.14M	23.95%
1998-12-31	$319.60M	40.24%
1997-12-31	$227.90M	61.29%
1996-12-31	$141.30M	29.28%
1995-12-31	$109.30M	13.74%
1994-12-31	$96.10M	32.73%
1993-12-31	$72.40M	-

Webster Financial generated $3.94B in revenue during NA 2023, up 59.46% compared to the previous quarter, and up 332.43% compared to the same period a year ago.

Webster Financial Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.06B	4.13%
2024-06-30	$1.02B	-2.76%
2024-03-31	$1.05B	5.18%
2023-12-31	$996.96M	47.28%
2023-09-30	$676.94M	0.64%
2023-06-30	$672.63M	1.08%
2023-03-31	$665.44M	-5.47%
2022-12-31	$703.95M	1414.19%
2022-09-30	$46.49M	-92.34%
2022-06-30	$606.86M	132.49%
2022-03-31	$261.03M	-17.57%
2021-12-31	$316.68M	1.09%
2021-09-30	$313.26M	6.83%
2021-06-30	$293.23M	-2.30%
2021-03-31	$300.13M	2.28%
2020-12-31	$293.43M	-0.09%
2020-09-30	$293.70M	3.38%
2020-06-30	$284.09M	-6.45%
2020-03-31	$303.69M	0.66%
2019-12-31	$301.69M	-2.52%
2019-09-30	$309.48M	-2.31%
2019-06-30	$316.81M	2.36%
2019-03-31	$309.50M	0.12%
2018-12-31	$309.14M	2.37%
2018-09-30	$301.98M	3.23%
2018-06-30	$292.54M	3.61%
2018-03-31	$282.34M	4.54%
2017-12-31	$270.08M	1.57%
2017-09-30	$265.91M	1.65%
2017-06-30	$261.58M	2.54%
2017-03-31	$255.10M	-0.16%
2016-12-31	$255.50M	4.08%
2016-09-30	$245.48M	1.67%
2016-06-30	$241.45M	0.94%
2016-03-31	$239.21M	2.36%
2015-12-31	$233.69M	1.84%
2015-09-30	$229.47M	2.73%
2015-06-30	$223.36M	2.62%
2015-03-31	$217.65M	1.51%
2014-12-31	$214.42M	2.95%
2014-09-30	$208.28M	2.74%
2014-06-30	$202.72M	-1.18%
2014-03-31	$205.13M	3.52%
2013-12-31	$198.15M	0.97%
2013-09-30	$196.24M	-1.54%
2013-06-30	$199.31M	2.70%
2013-03-31	$194.07M	-2.58%
2012-12-31	$199.21M	3.02%
2012-09-30	$193.37M	0.85%
2012-06-30	$191.73M	2.34%
2012-03-31	$187.35M	2.19%
2011-12-31	$183.34M	-1.74%
2011-09-30	$186.59M	-0.29%
2011-06-30	$187.13M	1.84%
2011-03-31	$183.75M	-4.89%
2010-12-31	$193.19M	6.28%
2010-09-30	$181.77M	-8.68%
2010-06-30	$199.05M	9.32%
2010-03-31	$182.08M	21.76%
2009-12-31	$149.54M	-13.12%
2009-09-30	$172.12M	-5.31%
2009-06-30	$181.78M	9.29%
2009-03-31	$166.32M	-435.90%
2008-12-31	$-49.52M	-127.75%
2008-09-30	$178.44M	2.05%
2008-06-30	$174.86M	1.25%
2008-03-31	$172.70M	17.54%
2007-12-31	$146.94M	-

Webster Financial generated $1.06B in revenue during Q3 2024, up 4.13% compared to the previous quarter, and up 157.86% compared to the same period a year ago.

Webster Financial Revenue Breakdown

Webster Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 18
Loans and Lease Related Fees	$17.63M	$21.50M	-	-
Deposit Service Fees	$169.32M	$198.47M	$162.71M	$162.18M
Other Non Interest Income	$17.45M	$8.43M	$10.11M	$5.65M
Investment Advisory, Management and Administrative Service	$29.00M	$40.28M	$39.59M	$32.84M

Webster Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Deposit Service Fees (72.54%), Investment Advisory, Management and Administrative Service (12.42%), Loans and Lease Related Fees (7.55%), and Other Non Interest Income (7.48%).

Quarterly Revenue by Product

Product/Service	Sep 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19	Dec 18
Non-Interest Income Within the Scope of Other GAAP Topics	$-3.33M	$31.99M	$27.89M	$11.05M	$43.54M	$50.34M	$38.90M	$31.04M	$18.52M	$24.35M	$23.43M	$15.03M	$20.21M	-	-	-	-	-	-	-
Loans and Lease Related Fees	$3.98M	$4.61M	$4.27M	$4.32M	$4.43M	$5.30M	$5.62M	$6.08M	$4.50M	-	-	-	-	-	-	-	-	-	-	-
Deposit Service Fees	$38.86M	$37.46M	$41.01M	$45.42M	$45.44M	$48.45M	$50.81M	$51.38M	$47.83M	$40.54M	$40.26M	$41.44M	$40.47M	$39.28M	$35.84M	$42.57M	$41.41M	$43.12M	$43.02M	$40.27M
Investment Advisory, Management and Administrative Service	$8.37M	$7.77M	$7.25M	$7.39M	$6.59M	$7.02M	$11.42M	$11.24M	$10.60M	$10.11M	$9.98M	$10.09M	$9.40M	$8.26M	$7.10M	$8.74M	$8.50M	$8.31M	$7.65M	$8.11M
Other Non Interest Income	$9.87M	$3.97M	$5.86M	$4.36M	$3.27M	$2.08M	$2.25M	$1.89M	$2.21M	$2.42M	$2.50M	$2.65M	$2.54M	$4.09M	$2.10M	$1.86M	$1.91M	$1.98M	$1.55M	$1.56M

Webster Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Deposit Service Fees (67.31%), Other Non Interest Income (17.09%), Investment Advisory, Management and Administrative Service (14.49%), Loans and Lease Related Fees (6.89%), and Non-Interest Income Within the Scope of Other GAAP Topics (-5.77%).

Webster Financial Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
WBS	Webster Financial	$3.94B	$1.06B
UMBF	UMB Financial	$2.38B	$557.69M
FNB	F.N.B.	$2.23B	$672.46M
TCBI	Texas Capital Bancshares	$1.63B	$452.53M
ABCB	Ameris Bancorp	$1.52B	$360.20M
TRMK	Trustmark	$892.30M	$254.90M
FBMS	First Bancshares	$387.64M	$93.56M
WABC	Westamerica Ban	$327.54M	$79.72M
HONE	HarborOne Bancorp	$277.04M	$77.21M
FGBI	First Guaranty Bancshares	$193.43M	$61.83M
FNWD	Finward Bancorp	$96.53M	$22.47M

WBS Revenue FAQ

What is Webster Financial’s yearly revenue?

Webster Financial's yearly revenue for 2023 was $3.94B, representing an increase of 59.46% compared to 2022. The company's yearly revenue for 2022 was $2.47B, representing an increase of 102.12% compared to 2021. WBS's yearly revenue for 2021 was $1.22B, representing an increase of 4.12% compared to 2020.

What is Webster Financial’s quarterly revenue?

Webster Financial's quarterly revenue for Q3 2024 was $1.06B, a 4.13% increase from the previous quarter (Q2 2024), and a 56.85% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.02B, a -2.76% decrease from the previous quarter (Q1 2024), and a 51.59% increase year-over-year (Q2 2023). WBS's quarterly revenue for Q1 2024 was $1.05B, a 5.18% increase from the previous quarter (Q4 2023), and a 57.58% increase year-over-year (Q1 2023).

What is Webster Financial’s revenue growth rate?

Webster Financial's revenue growth rate for the last 3 years (2021-2023) was 222.29%, and for the last 5 years (2019-2023) was 218.60%.

What are Webster Financial’s revenue streams?

Webster Financial's revenue streams in c 23 are Loans and Lease Related Fees, Deposit Service Fees, Other Non Interest Income, and Investment Advisory, Management and Administrative Service. Loans and Lease Related Fees generated $17.63M in revenue, accounting 7.55% of the company's total revenue, down -17.98% year-over-year. Deposit Service Fees generated $169.32M in revenue, accounting 72.54% of the company's total revenue, down -14.69% year-over-year. Other Non Interest Income generated $17.45M in revenue, accounting 7.48% of the company's total revenue, up 107.17% year-over-year. Investment Advisory, Management and Administrative Service generated $29M in revenue, accounting 12.42% of the company's total revenue, down -28.00% year-over-year.

What is Webster Financial’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Webster Financial was Deposit Service Fees. This segment made a revenue of $169.32M, representing 72.54% of the company's total revenue.