Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 75

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 75
---
iling(169,787)Total consolidated revenues1,281,687 Less:Compensation and benefits100,662 44,277 73,421 Occupancy (1)— — 28,221 Technology and equipment (1)4,009 16,098 4,759 Marketing— — 3,561 Other segment items (1) (2) (3)106,142 43,019 126,064 Segment pre-tax, pre-provision net revenue537,507 132,934 230,800 901,241 Reconciliation of pre-tax, pre-provision net revenue:Corporate and reconciling(281,498)Total consolidated pre-tax, pre-provision net revenue619,743 Total consolidated provision for credit losses104,500 Total consolidated income before income taxes515,243 (1)Occupancy and Technology and equipment include, in aggregate, $0.1 million of depreciation expense for Commercial Banking, $2.6 million for Healthcare Financial Services, and $4.6 million for Consumer Banking.(2)Other segment items for each reportable segment includes:•Commercial Banking--occupancy, marketing, outside professional services, loan workout expense, foreclosed property expense, other non-interest expense, allocated net operating costs, and allocated total support costs.•Healthcare Financial Services--occupancy, marketing, outside professional services, other non-interest expense, allocated net operating costs, and allocated total support costs.•Consumer Banking--outside professional services, loan workout expense, foreclosed property expense, other-non interest expense, allocated net operating costs, and allocated total support costs.(3)Intangible assets amortization, which is a component of other non-interest expense presented in Other segment items, was $4.7 million for Commercial Banking, $6.3 million for Healthcare Financial Services, and $4.3 million for Consumer Banking.

83

Note 16: Revenue from Contracts with Customers

The following tables summarize revenues recognized in accordance with ASC Topic 606, Revenue from Contracts with Customers. These disaggregated amounts, together with sources of other non-interest income that are subject to other GAAP topics, have been reconciled to non-interest income by reportable segment as presented within Note 15: Segment Reporting.Three months ended June 30, 2025(In thousands)Commercial BankingHealthcare Financial ServicesConsumer BankingCorporate andReconcilingConsolidatedTotalNon-interest Income:Deposit service fees$4,550 $