Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 1

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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000 shares;Series F issued and outstanding—6,000 shares145,037 145,037 Series G issued and outstanding—135,000 shares138,942 138,942 Common stock, $0.01 par value: Authorized—400,000,000 shares;Issued—182,778,045 shares; Outstanding—164,816,922 and 171,391,125 shares1,828 1,828 Paid-in capital6,169,269 6,181,475 Retained earnings4,290,807 3,759,158 Treasury stock, at cost—17,961,123 and 11,386,920 shares(898,214)(536,843)Accumulated other comprehensive (loss), net of tax(384,992)(556,383)Total stockholders’ equity9,462,677 9,133,214 Total liabilities and stockholders’ equity$83,192,652 $79,025,073 

(1)Investment securities available-for-sale had an amortized cost basis of $10,429,139 at September 30, 2025, and $9,720,415 at December 31, 2024.

(2)Investment securities held-to-maturity had a fair value of $7,240,887 at September 30, 2025, and $7,453,123 and at December 31, 2024.

(3)Total loans held for sale includes residential mortgage loans valued under the fair value option of $51 at September 30, 2025, and $297 at December 31, 2024.

See accompanying Notes to Condensed Consolidated Financial Statements.

33

WEBSTER FINANCIAL CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

Three months endedNine months endedSeptember 30,September 30,(In thousands, except per share data)2025202420252024Interest Income:Interest and fees on loans and leases$794,668 $809,184 $2,324,988 $2,399,326 Taxable interest on investment securities194,278 168,583 571,993 454,242 Non-taxable interest on investment securities7,043 8,139 21,563 30,892 Loans held for sale3,988 5,400 4,010 11,