Company: WBS-PG
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000801337-25-000004
Chunk: 124

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 124
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. The $228.2 million of goodwill recorded related to Ametros was allocated entirely to Healthcare Financial Services.(2)The allocation of the purchase price for the interLINK acquisition was considered final at June 30, 2023. The $143.2 million of goodwill recorded related to interLINK was allocated entirely to Commercial Banking.

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The following tables present certain income statement information for the Company’s reportable segments: Year ended December 31, 2024(In thousands)CommercialBankingHealthcare Financial ServicesConsumerBankingTotalsNet interest income$1,348,346 $366,927 $812,743 $2,528,016 Non-interest income143,104 110,207 113,638 366,949 Total segment revenues1,491,450 477,134 926,381 2,894,965 Reconciliation of revenue:Corporate and reconciling(304,679)Total consolidated revenues2,590,286 Less:Compensation and benefits199,545 90,166 146,428 Occupancy (1)— — 56,102 Technology and equipment (1)8,153 33,010 11,087 Marketing— — 7,835 Other segment items (2) (3)210,769 90,913 249,950 Segment pre-tax, pre-provision net revenue1,072,983 263,045 454,979 1,791,007 Reconciliation of pre-tax, pre-provision net revenue:Corporate and reconciling(552,000)Total consolidated pre-tax, pre-provision net revenue1,239,007 Total consolidated provision for credit losses222,000 Total consolidated income before income taxes1,017,007 (1)Occupancy and Technology and equipment include, in aggregate, depreciation expense of $0.2 million for Commercial Banking, $5.5 million for Healthcare Financial Services, and $9.5 million for Consumer Banking.(2)Other segment items for each reportable segment includes:•Commercial Banking--occupancy, marketing, outside professional services, loan workout expense, foreclosed property expense, other non-interest expense, allocated net operating costs, and allocated total support costs.•Healthcare Financial Services--occupancy, marketing, outside professional services, other non-interest expense, allocated net operating costs, and allocated total support costs.•Consumer Banking--outside professional services, loan workout expense, foreclosed