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Webster Financial (Webster Financial) Total Assets : $74,945 Mil (As of Dec. 2023)


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What is Webster Financial Total Assets?

Webster Financial's Total Assets for the quarter that ended in Dec. 2023 was $74,945 Mil.

Warning Sign:

If a company builds assets at 25.8% a year, faster than its revenue growth rate of 3.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Webster Financial's average Total Assets Growth Rate was 17.00% per year. During the past 3 years, the average Total Assets Growth Rate was 36.20% per year. During the past 5 years, the average Total Assets Growth Rate was 25.80% per year. During the past 10 years, the average Total Assets Growth Rate was 13.10% per year.

During the past 13 years, Webster Financial's highest 3-Year average Total Assets Growth Rate was 49.20%. The lowest was -3.50%. And the median was 8.05%.

Total Assets is connected with ROA %. Webster Financial's annualized ROA % for the quarter that ended in Dec. 2023 was 1.00%. Total Assets is also linked to Revenue through Asset Turnover. Webster Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


Webster Financial Total Assets Historical Data

The historical data trend for Webster Financial's Total Assets 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.

* Premium members only.

Webster Financial Total Assets Chart

Webster Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,389.34 32,590.69 34,915.60 71,277.52 74,945.25

Webster Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74,844.40 74,038.24 73,130.85 74,945.25 76,161.69

Webster Financial Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Webster Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=8689.996+66255.253
=74,945

Webster Financial's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=8689.996+66255.253
=74,945

* 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.


Webster Financial  (NYSE:WBS) Total Assets Explanation

Total Assets is connected with ROA %.

Webster Financial's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=741.572/( (73130.851+74945.249)/ 2 )
=741.572/74038.05
=1.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Webster Financial's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=634.836/( (73130.851+74945.249)/ 2 )
=634.836/74038.05
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Webster Financial Total Assets Related Terms

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Webster Financial (Webster Financial) Business Description

Traded in Other Exchanges
Address
200 Elm Street, Stamford, CT, USA, 06902
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.
Executives
Jack L Kopnisky director, officer: Exec. Chair. Company & Bank C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Kristy Berner officer: EVP, GC & Corp Sec C/O PEOPLE'S UNITED BANK, N.A., 850 MAIN STREET, BRIDGEPORT CT 06604
Luis Massiani officer: Chief Operating Officer C/O PROVIDENT BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Katherine Vines Trumbull officer: Acting General Counsel 200 ELM STREET, STAMFORD CT 06902
Javier L. Evans officer: Chief Human Resources Officer 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Maureen Mitchell director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Carol Hayles director C/O CIT GROUP, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Linda H. Ianieri director C/O WEBSTER FINANCIAL CORP., 145 BANK STREET, WATERBURY CT 06702
Thomas X Geisel officer: President of Comm. Banking 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Christopher J Motl officer: EVP-Commercial Banking C/O WEBSTER FINANCIAL CORP, 145 BANK STREET, WATERBURY CT 06702
William L Atwell director 1601 CHESTNUT ST, PHILADELPHIA PA 19192
Daniel Bley officer: EVP-Chief Risk Officer C/O WEBSTER FINANCIAL CORP, 145 BANK STREET, WATERBURY CT 06702
Karen Higgins-carter officer: Chief Information Officer C/O WEBSTER FINANCIAL CORP, 145 BANK STREET, WATERBURY CT 06702
Jonathan W. Roberts officer: EVP - Ret. Bank. & Cons. Lend. C/O WEBSTER FINANCIAL CORP., 145 BANK STREET, WATERBURY CT 06702
James P Blose officer: General Counsel & Corp. Sec. C/O 21 SCARSDALE ROAD, YONKERS NY 10707