Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 155

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 155
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3,042)(9,473)(Gain) on sale of alternative investments(6,705)— Other operating activities, net(6,224)(46,459)Net (increase) decrease in derivative contract assets and liabilities(172,080)(120,933)Net decrease in prepaid expenses and other assets16,167 198,151 Net (decrease) in accrued expenses and other liabilities(95,778)(439,153)Net cash provided by operating activities740,524 512,984 Investing Activities:Purchases of available-for-sale securities(1,423,863)(1,631,620)Proceeds from principal payments, maturities, and calls of available-for-sale securities821,757 608,524 Proceeds from sale of available-for-sale securities14,880 1,538,030 Purchases of held-to-maturity securities— (1,778,098)Proceeds from principal payments, maturities, and calls of held-to-maturity securities414,573 320,439 Net (increase) in Federal Home Loan Bank and Federal Reserve Bank stock(18,888)(33,913)Alternative investments (capital calls), net of returns of capital(205,682)(16,735)Proceeds from sales of alternative investments10,840 — Net (increase) in loans(3,020,789)(1,982,260)Proceeds from sale of loans not originated for sale332,605 567,729 Proceeds from sale of mortgage servicing rights— 18,310 Proceeds from sale of foreclosed properties and repossessed assets1,795 6,962 Proceeds from sale of property and equipment4,112 4,417 Purchases of property and equipment(33,748)(23,505)Proceeds from life insurance policies14,770 28,247 Cash paid for acquisition of HSA deposits(674)— Net cash paid for acquisition of Ametros— (359,460)Net cash (used for) investing activities(3,088,312)(2,732,933)See accompanying Notes to Condensed Consolidated Financial Statements.

37

WEBSTER FINANCIAL CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited), continued Nine months ended September 30,(In thousands)20252024Financing Activities:Net increase in deposits3,419,988 3,747