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WBS| Name | Value |
|---|---|
| Revenues | 997.0M |
| Cost of Revenue | 0.0M |
| Gross Profit | 997.0M |
| Operating Expense | 127.3M |
| Operating I/L | 157.1M |
| Other Income/Expense | 1,669.7M |
| Interest Income | 933.1M |
| Pretax | 221.6M |
| Income Tax Expense | 36.2M |
| Net Income/Loss | 185.4M |
Webster Financial Corporation operates as a bank holding company for Webster Bank, National Association, offering a range of banking, investment, and financial services to individuals, families, and businesses in the United States. The company generates revenue through its Commercial Banking segment, providing lending, deposit, cash management, and wealth management services; HSA Bank segment, offering health savings accounts, reimbursement arrangements, and commuter services; and Retail Banking segment, providing deposit services, mortgages, loans, and credit cards to consumers. Additionally, it offers online and mobile banking services, operating 130 banking centers and 251 ATMs as of December 31, 2021.
