• Webster Financial average return on tangible equity for 2023 was 16.46, a 67.79% decline from 2022.
• Webster Financial average return on tangible equity for 2022 was 9.81, a 21.08% increase from 2021.
• Webster Financial average return on tangible equity for 2021 was 12.43, a 24.3% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.