Company: WBS-PG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000801337-25-000026
Chunk: 103

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 103
---
 the Company’s loan and lease portfolio, with a large portion of the borrowers or properties associated with these loans geographically concentrated in New York City and the proximate areas.

15

The following table summarizes the percentage composition of commercial non-mortgage loans by industry, as determined using NAICS codes, which are used by the Company to categorize loans based on the borrower’s type of business:Industry:March 31, 2025December 31, 2024Finance26.0 %25.7 %Public Administration16.1 15.8 Services15.7 16.1 Communications7.6 7.7 Manufacturing6.6 6.4 Real Estate5.8 5.0 Retail & Wholesale4.5 4.6 Healthcare4.4 4.6 Transportation & Public Utilities3.3 3.0 Construction2.3 2.3 Other7.7 8.8 Total Commercial non-mortgage100.0 %100.0 %

As illustrated above, concentrations are generally consistent from period to period. Any change in composition is consistent with the Company’s portfolio growth strategy.

The following tables summarize the percentage composition of commercial real estate and multi-family loans by both geography and property type, and whether the properties are owner occupied or non-owner occupied:March 31, 2025December 31, 2024Geography:Owner OccupiedNon-Owner OccupiedTotalOwner OccupiedNon-Owner OccupiedTotalNew York City2.7 %32.3 %35.0 %2.9 %32.6 %35.5 %Other New York Counties2.6 11.3 13.9 2.6 11.7 14.3 Connecticut2.4 6.4 8.8 2.4 6.3 8.7 New Jersey1.1 7.0 8.1 1.6 6.9 8.5 Massachusetts1.4 4.9 6.3 1.4 4.9 6.3 Southeast0.9 11.1 12.0 1.0 10.2 11.2 Other1.4 14.5 15.9 1.4 14.1 15.5 Total Commercial real estate &