Webster Financial Corp (WBS)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 867,840 | 644,283 | 408,864 | 220,621 | 382,723 |
| Depreciation Amortization | 126,061 | 100,663 | 178,493 | 124,393 | 97,805 |
| Income taxes - deferred | -53,634 | -69,664 | -4,998 | -31,236 | 927 |
| Other Working Capital | -202,629 | 302,118 | 154,963 | -67,012 | -219,649 |
| Loans | -297 | -94 | 8,706 | 36,237 | -24,733 |
| Other Operating Activity | 241,308 | 358,646 | -57,436 | 97,546 | 66,777 |
| Operating Cash Flow | $978,649 | $1,335,952 | $688,592 | $380,549 | $303,850 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -33,409 | -28,462 | -13,368 | -20,414 | -25,717 |
| Net Acquisitions | -157,646 | -54,407 | N/A | N/A | N/A |
| Purchase Of Investment | -3,264,010 | -2,249,833 | -3,925,695 | -2,288,439 | -2,121,145 |
| Sale Of Investment | 1,893,934 | 1,457,250 | 2,231,517 | 1,703,353 | 1,211,875 |
| Net Loans | -1,027,289 | -6,821,852 | -691,256 | -1,672,750 | -1,621,570 |
| Other Investing Activity | -7,332 | 510,966 | -6,287 | -10,359 | 6,801 |
| Investing Cash Flow | $-2,595,752 | $-7,186,338 | $-2,405,089 | $-2,288,609 | $-2,549,756 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | -693,443 | 449,750 | -320,459 | -45,076 | 458,557 |
| Debt Issued | -3,100,534 | 5,449,555 | -122,167 | 3,850,000 | 9,500,000 |
| Debt Repayment | -16,752 | N/A | N/A | -5,665,312 | -9,078,332 |
| Common Stock Issued | -14,555 | -22,952 | -892 | -3,266 | -5,997 |
| Common Stock Repurchased | -107,984 | -322,103 | 0 | -76,556 | -13,003 |
| Dividend Paid | -294,805 | -261,492 | -152,682 | -152,840 | -148,658 |
| Other Financing Activity | 0 | 0 | 0 | 0 | -3,642 |
| Financing Cash Flow | $2,492,955 | $6,228,759 | $1,914,963 | $1,913,269 | $2,174,302 |
| Beginning Cash Position | 839,943 | 461,570 | 263,104 | 257,895 | 329,499 |
| End Cash Position | 1,715,795 | 839,943 | 461,570 | 263,104 | 257,895 |
| Net Cash Flow | $875,852 | $378,373 | $198,466 | $5,209 | $-71,604 |
| Free Cash Flow | |||||
| Operating Cash Flow | 978,649 | 1,335,952 | 688,592 | 380,549 | 303,850 |
| Capital Expenditure | -40,303 | -28,762 | -16,589 | -21,280 | -25,717 |
| Free Cash Flow | 938,346 | 1,307,190 | 672,003 | 359,269 | 278,133 |