Company: WBS-PG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000801337-25-000026
Chunk: 114

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 114
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8.0 Total Risk-Based Capital 8.0 10.0 Tier 1 Leverage Capital4.0 5.0 

At March 31, 2025, and December 31, 2024, both the Company and the Bank were classified as “well-capitalized.” Management believes that no events or changes have occurred subsequent to quarter-end and through the date of this Quarterly Report on Form 10-Q that would change this designation.

The Company’s and the Bank’s capital ratios, which exceeded minimum regulatory requirements, were as follows: March 31, 2025 (1)December 31, 2024 (1)(In thousands)Capital/AssetsRatioCapital/AssetsRatioWebster Financial CorporationCET1 Risk-Based Capital $6,276,086 11.25 %$6,318,876 11.54 %Tier 1 Risk-Based Capital6,560,065 11.76 6,602,855 12.06 %Total Risk-Based Capital 7,788,501 13.96 7,800,717 14.24 %Tier 1 Leverage Capital6,560,065 8.54 6,602,855 8.70 %Risk-weighted assets55,786,052 54,767,609 Webster BankCET1 Risk-Based Capital$6,988,372 12.56 %$6,847,474 12.53 %Tier 1 Risk-Based Capital6,988,372 12.56 6,847,474 12.53 %Total Risk-Based Capital7,684,411 13.81 7,512,143 13.74 %Tier 1 Leverage Capital6,988,372 9.11 6,847,474 9.04 %Risk-weighted assets55,661,677 54,667,360 

(1)In accordance with regulatory capital rules, the Company elected to delay the estimated impact of the adoption of CECL on its regulatory capital over a two-year deferral period, which ended on January 1, 2022, and a subsequent three-year transition period, which ended on December 31, 2024. During the three-year transition period, regulatory capital ratios phased out the aggregate amount of the regulatory capital benefit provided from the delayed CECL adoption in the initial two years. For 2024, the