Webster Financial (WBS) Tax Provisions (2009 - 2026)
Webster Financial (WBS) posted quarterly Tax Provisions of $66.7 million for Q2 2026, up 3.03% year-over-year from $64.8 million in Q2 2025, and up 18.07% quarter-over-quarter from $56.5 million in Q1 2026.
Webster Financial (WBS) Tax Provisions (2009 - 2026) Analysis & Trends
Webster Financial (WBS) has reported Tax Provisions for 18 consecutive years, with $66.7 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions rose 3.03% year-over-year to $66.7 million; the TTM figure through Jun 2026 stood at $259.1 million (up 2.6% YoY), while the FY2025 annual figure was $257.3 million, up 3.64% from the prior year.
- Tax Provisions climbed to $66.7 million in Q2 2026 per WBS's latest filing, from $56.5 million in the prior quarter.
- Across five years, Tax Provisions topped out at $79.3 million in Q4 2024 and bottomed at -$33.6 million in Q1 2022.
- Historically, Tax Provisions has averaged $55.5 million across 5 years, with a median of $63.4 million in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions sank 211.22% — and 2023, when it jumped 295.92%.
- Webster Financial's Tax Provisions stood at $68.4 million in 2022, then slumped by 47.05% to $36.2 million in 2023, then soared by 119.02% to $79.3 million in 2024, then retreated by 17.88% to $65.1 million in 2025, then grew by 2.45% to $66.7 million in 2026.
- Business Quant data shows WBS's Tax Provisions at $66.7 million in Q2 2026, $56.5 million in Q1 2026, and $65.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 235.00 Mn |
| 10 | Webster Financial | 12.57 Bn | 12.57 Bn | - | 66.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 66.74 Mn |
| Mar 31, 2026 | 56.53 Mn |
| Dec 31, 2025 | 65.15 Mn |
| Sep 30, 2025 | 70.69 Mn |
| Jun 30, 2025 | 64.78 Mn |
| Mar 31, 2025 | 56.74 Mn |
| Dec 31, 2024 | 79.33 Mn |
| Sep 30, 2024 | 51.68 Mn |
| Jun 30, 2024 | 47.94 Mn |
| Mar 31, 2024 | 69.35 Mn |
| Dec 31, 2023 | 36.22 Mn |
| Sep 30, 2023 | 51.97 Mn |
| Jun 30, 2023 | 62.65 Mn |
| Mar 31, 2023 | 65.83 Mn |
| Dec 31, 2022 | 68.41 Mn |
| Sep 30, 2022 | 64.07 Mn |
| Jun 30, 2022 | 54.81 Mn |
| Mar 31, 2022 | -33.60 Mn |
| Dec 31, 2021 | 31.03 Mn |
| Sep 30, 2021 | 29.77 Mn |