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WBS (Webster Financial) Gross-Profit-to-Asset % : 3.31% (As of Sep. 2024)


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What is Webster Financial Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Webster Financial's annualized Gross Profit for the quarter that ended in Sep. 2024 was $2,590 Mil. Webster Financial's average Total Assets over the quarter that ended in Sep. 2024 was $78,146 Mil. Therefore, Webster Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 3.31%.


Webster Financial Gross-Profit-to-Asset % Historical Data

The historical data trend for Webster Financial's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Webster Financial Gross-Profit-to-Asset % Chart

Webster Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.28 3.74 3.62 4.66 3.63

Webster Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.68 3.43 3.53 3.21 3.31

Competitive Comparison of Webster Financial's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Webster Financial's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Webster Financial's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Webster Financial's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Webster Financial's Gross-Profit-to-Asset % falls into.



Webster Financial Gross-Profit-to-Asset % Calculation

Webster Financial's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2651.606/( (71277.521+74945.249)/ 2 )
=2651.606/73111.385
=3.63 %

Webster Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=2590.496/( (76838.106+79453.9)/ 2 )
=2590.496/78146.003
=3.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Webster Financial Gross-Profit-to-Asset % Related Terms

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Webster Financial Business Description

Traded in Other Exchanges
Address
200 Elm Street, Stamford, CT, USA, 06902
Webster Financial Corp is a full-service provider of financial services, offering commercial and consumer banking, mortgages, and investment advisory along with trust and wealth management services in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania. The company's segment includes Commercial Banking, HSA Bank, and Consumer Banking. It generates maximum revenue from the Commercial Banking segment.
Executives
Daniel Bley officer: EVP-Chief Risk Officer C/O WEBSTER FINANCIAL CORP, 145 BANK STREET, WATERBURY CT 06702
John R Ciulla officer: EVP-Commercial Banking C/O WEBSTER FINANCIAL CORP, 145 BANK STREET, WATERBURY CT 06702
Charles L Wilkins officer: EVP-Head of HSA Bank C/O WEBSTER FINANCIAL CORP, 145 BANK STREET, WATERBURY CT 06702
Lauren States director 16 WILMONT AVENUE, WHITE PLAINS NY 10605
Javier L. Evans officer: Chief Human Resources Officer 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Christopher J Motl officer: EVP-Commercial Banking C/O WEBSTER FINANCIAL CORP, 145 BANK STREET, WATERBURY CT 06702
Mark Pettie director 90 NORTH BROADWAY, IRVINGTON NY 10533
Albert Jen-wen Wang officer: Chief Accounting Officer 18500 VON KARMEN AVENUE, SUITE 900, IRVINE CA 92612
Laurence C Morse director
William E. Whiston director C/O 21 SCARSDALE ROAD, YONKERS NY 10707
Luis Massiani officer: Chief Operating Officer C/O PROVIDENT BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Jack L Kopnisky director, officer: Exec. Chair. Company & Bank C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Kristy Berner officer: EVP, GC & Corp Sec C/O PEOPLE'S UNITED BANK, N.A., 850 MAIN STREET, BRIDGEPORT CT 06604
Katherine Vines Trumbull officer: Acting General Counsel 200 ELM STREET, STAMFORD CT 06902
Maureen Mitchell director 400 RELLA BOULEVARD, MONTEBELLO NY 10901