Webster Financial fell short of market revenue expectations in the second quarter of 2026, reporting sales of $740 million, a 3.4% year-on-year increase but below the $745.2 million analyst consensus. Net interest income came in at $632.7 million, missing estimates of $647.8 million, while GAAP earnings per share of $1.56 were 4.2% below the $1.63 consensus. The net interest margin of 3.3% was 8.8 basis points short of expectations, though the efficiency ratio of 47.7% beat estimates by 18.8 basis points. Tangible book value per share rose 10.5% year on year to $38.81, in line with forecasts. The stock remained flat at $76.50 following the release.
Webster Financial CorporationMissed Q2 revenue and EPS estimates, with net interest income and margin below consensus.