Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 1

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 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—167,083,263 and 171,391,125 shares1,828 1,828 Paid-in capital6,155,132 6,181,475 Retained earnings4,100,350 3,759,158 Treasury stock, at cost—15,694,782 and 11,386,920 shares(765,410)(536,843)Accumulated other comprehensive (loss), net of tax(438,262)(556,383)Total stockholders’ equity9,337,617 9,133,214 Total liabilities and stockholders’ equity$81,914,270 $79,025,073 

(1)Investment securities available-for-sale had an amortized cost basis of $10,189,481 at June 30, 2025, and $9,720,415 at December 31, 2024.

(2)Investment securities held-to-maturity had a fair value of $7,291,244 at June 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 $75 at June 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 endedSix months endedJune 30,June 30,(In thousands, except per share data)2025202420252024Interest Income:Interest and fees on loans and leases$775,203 $798,097 $1,530,320 $1,590,142 Taxable interest on investment securities190,600 150,588 377,715 285,659 Non-taxable interest on investment securities7,166 10,239 14,520 22,753 Loans held for sale7 5,593 22 5,675 Other interest and dividends27,611