Webster Financial (Webster Financial) Net Interest Income (for Banks) : $2,309.73 Mil (As of Dec. 2023)

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What is Webster Financial Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Webster Financial's net interest income for the three months ended in Dec. 2023 was $571.02 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was $2,309.73 Mil.

Webster Financial's quarterly net interest income increased from Jun. 2023 ($583.83 Mil) to Sep. 2023 ($587.14 Mil) but then declined from Sep. 2023 ($587.14 Mil) to Dec. 2023 ($571.02 Mil).

Webster Financial's annual net interest income increased from Dec. 2021 ($901.09 Mil) to Dec. 2022 ($2,034.29 Mil) and increased from Dec. 2022 ($2,034.29 Mil) to Dec. 2023 ($2,337.27 Mil).

Webster Financial Net Interest Income (for Banks) Historical Data

The historical data trend for Webster Financial's Net Interest Income (for Banks) 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.

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Webster Financial Net Interest Income (for Banks) Chart

Webster Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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955.13

891.39

901.09

2,034.29

2,337.27

Webster Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															595.28	583.83	587.14	571.02	567.74

Webster Financial Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,309.73 Mil.

Webster Financial (Webster Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Webster Financial Corp (NYSE:WBSpECL.PFD) » Definitions » Net Interest Income (for Banks)

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Address

200 Elm Street, Stamford, CT, USA, 06902

Website

https://www.websterbank.com

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.