Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 150

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 150
---
535,883 1,697,041 1,571,419 Non-interest Income:Deposit service fees39,576 38,863 119,405 122,479 Loan and lease related fees16,404 18,513 51,682 57,614 Wealth and investment services7,640 8,367 23,208 24,847 Cash surrender value of life insurance policies7,535 8,020 24,699 20,325 Gain (loss) on sale of investment securities, net — (19,597)220 (79,338)Other income29,751 3,575 68,955 53,465 Total non-interest income100,906 57,741 288,169 199,392 Non-interest Expense:Compensation and benefits209,036 194,736 607,611 570,126 Occupancy19,003 18,879 58,057 53,421 Technology and equipment47,520 56,696 141,171 147,835 Intangible assets amortization8,966 8,491 27,296 26,401 Marketing4,953 4,224 14,151 12,612 Professional and outside services17,815 16,001 53,435 43,048 Deposit insurance15,621 13,555 47,027 52,843 Other expense33,755 36,376 97,279 104,616 Total non-interest expense356,669 348,958 1,046,027 1,010,902 Income before income taxes331,904 244,666 939,183 759,909 Income tax expense70,687 51,681 192,201 168,968 Net income261,217 192,985 746,982 590,941 Preferred stock dividends4,162 4,162 12,487 12,487 Income allocated to participating securities3,004 2,024 8,339 6,136 Net income applicable to common stockholders$254,051 $186,799 $726,156 $572,318 Earnings per common share:Basic$1.55 $1.10 $4.36 $3.37 Diluted1.54 1.10 4.36