Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 2

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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075 Other interest and dividends28,325 12,757 79,822 36,664 Total interest income1,028,302 1,004,063 3,002,376 2,932,199 Interest Expense:Deposits355,504 371,075 1,021,625 1,068,309 Securities sold under agreements to repurchase and federal funds purchased631 38 2,525 3,260 Federal Home Loan Bank advances29,620 35,172 83,034 106,266 Long-term debt10,880 7,895 30,151 24,445 Total interest expense396,635 414,180 1,137,335 1,202,280 Net interest income631,667 589,883 1,865,041 1,729,919 Provision for credit losses44,000 54,000 168,000 158,500 Net interest income after provision for credit losses587,667 535,883 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,