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Webster Financial (Webster Financial) Pretax Margin % : 34.91% (As of Dec. 2023)


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What is Webster Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Webster Financial's Pre-Tax Income for the three months ended in Dec. 2023 was $222 Mil. Webster Financial's Revenue for the three months ended in Dec. 2023 was $635 Mil. Therefore, Webster Financial's pretax margin for the quarter that ended in Dec. 2023 was 34.91%.

The historical rank and industry rank for Webster Financial's Pretax Margin % or its related term are showing as below:

WBS' s Pretax Margin % Range Over the Past 10 Years
Min: 23.79   Med: 34.32   Max: 43.64
Current: 40.84


WBS's Pretax Margin % is ranked better than
66.94% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs WBS: 40.84

Webster Financial Pretax Margin % Historical Data

The historical data trend for Webster Financial's Pretax Margin % 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 Pretax Margin % Chart

Webster Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.24 23.79 43.64 32.27 40.90

Webster Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 43.06 44.21 41.10 34.91 42.82

Competitive Comparison of Webster Financial's Pretax Margin %

For the Banks - Regional subindustry, Webster Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Webster Financial's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Webster Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Webster Financial's Pretax Margin % falls into.



Webster Financial Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1084.504/2651.606
=40.90 %

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

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=221.615/634.836
=34.91 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Webster Financial Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Webster Financial's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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