Webster Financial Non-GAAP EPS of $1.60 misses by $0.01, revenue of $740M misses by $15.23M
Seeking Alpha ·
Webster Financial press release ( WBS ): Q2 Non-GAAP EPS of $1.60 misses by $0.01 . Revenue of $740M (+3.4% Y/Y) misses by $15.23M . Webster Financial: Limited Upside Even As Spain Risk Is Remote (Downgrade) Webster Financial: Santander Deal Leaves Limited Upside While Credit Risks Build Webster Financial Q2 2026 Earnings Preview Webster/Banco Santander deal spread widens on Trump Spain comments Seeking Alpha’s Quant Rating on Webster Financial
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Webster Financial reported Q2 Non-GAAP EPS of $1.60 and revenue of $740 million, missing market expectations by $0.01 and $15.23 million, respectively. While revenue increased 3.4% year-over-year, the earnings miss was accompanied by heightened credit risk concerns and Spain-related external variables. Widening deal spreads with Santander dampened investment sentiment and led to a rating downgrade.
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- Banks — Webster Financial's Q2 EPS of $1.60 and revenue of $740 million missed expectations, and heightened credit risk deteriorated investment sentiment across regional banks.
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