WEBSTER FINANCIAL CORP company info

CIK 801337
IRS Number 061187536
State of incorporation DE
Business address FRED SMITH
132 GRAND STREET
WATERBURY
CT
06702
Mail address FRED SMITH
132 GRAND STREET
WATERBURY
CT
06702

Short summary

WEBSTER FINANCIAL CORP is a Connecticut company, with head office located at Fred Smith Waterbury, Connecticut 06702. The company achieved a record breaking net income last year - 207.13 million USD. This is 1.17% higher than one reported in 2015. In 2016 the company owned a total of 26.07 billion USD worth of assets. An analysis of the recent trend shows a steady growth of company assets, with a 3.79% growth from the last year and a 46.94% increase in the 7 year period.

WEBSTER FINANCIAL CORP Income Statement

Name [in Millions USD]200820092010201120122013201420152016Trends
Interest expense 363.48250.70171.38135.96114.5990.9190.5095.42103.40
Income Tax Expense (Benefit) -65.84-52.7413.4757.9574.6777.1191.9793.9896.32
Net income -320.97-76.9174.32151.38173.70179.46199.75204.73207.13

WEBSTER FINANCIAL CORP Balance Sheet

Name [in Millions USD]200820092010201120122013201420152016Trends
Available-for-sale Securities, Current 3,257.363,193.77
Collateral Already Posted, Aggregate Fair Value 48.8035.50
Property, Plant and Equipment, Gross 392.81404.90416.67419.00435.93456.50483.52
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 235.09257.52282.11297.40313.99327.07346.10
Goodwill 529.89529.89529.89529.89529.89538.37538.37538.37
Intangible Assets, Net (Excluding Goodwill) 24.0718.4812.907.793.5244.38
Total assets 17,743.1517,806.8319,429.7520,329.2421,524.3423,620.7925,120.4726,072.53
Long-term Debt, Excluding Current Maturities 551.18465.97227.32227.32
Long-term Debt 586.62566.68472.93229.93226.18226.30225.39225.51
Total liabilities 15,859.4115,964.1717,498.2018,201.7619,239.8621,241.0922,643.5023,545.52
Common Stock, Value, Issued 0.820.910.910.930.930.940.940.94
Retained Earnings (Accumulated Deficit) 710.30804.11928.521,023.241,143.191,260.091,365.551,425.32
Accumulated Other Comprehensive Income (Loss), Net of Tax -12.71-4.00-43.88-65.14-30.00-60.70-57.51-76.99

WEBSTER FINANCIAL CORP Cash Flow

Name [in Millions USD]200820092010201120122013201420152016Trends
Net income -320.97-76.9174.32151.38173.70179.46199.75204.73207.13
Depreciation and amortization 56.9565.8889.4883.15108.5436.0230.59
Depreciation 36.1037.2034.9034.1031.1027.9028.4030.80
Amortization of Intangible Assets 5.945.745.591.405.424.922.696.345.65
Depreciation and amortization 36.0230.5934.6836.45
Deferred Income Tax Expense (Benefit) -89.9114.6213.4828.9820.9911.43-5.15-15.5117.70
Net Cash Provided by (Used in) Operating Activities 486.05114.09337.05266.52257.08476.72272.82302.79398.15
Payments to Acquire Property, Plant, and Equipment 33.7331.7318.6828.8721.9821.8930.0436.1240.73
Net Cash Provided by (Used in) Investing Activities -1,250.54-465.98-517.84-771.71-1,390.09-1,150.13-1,669.64-774.18-1,635.01
Proceeds from Issuance of Long-term Debt 0015000
Proceeds from Issuance of Common Stock 1.03118.360.690.560.730.4400
Payments for Repurchase of Common Stock 0.640.791.651.6753.24010.7412.5611.21
Payments of Ordinary Dividends, Common Stock 63.062.443.1313.9830.6748.9567.4380.9689.52
Net Cash Provided by (Used in) Financing Activities 695.78263.56169.37539.301,189.34644.541,434.76457.171,227.83
Cash and Cash Equivalents, Period Increase (Decrease) -47.45-88.02-11.3436.1156.33-28.6737.93-10.29-9.03