Company: WBS-PG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000801337-25-000026
Chunk: 83

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 83
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ars and shares in thousands, except per share data)20252024Tangible book value per common share:Stockholders’ equity$9,204,154 $8,747,498 Less: Preferred stock283,979 283,979  Goodwill and other intangible assets3,193,132 3,250,909 Tangible common stockholders’ equity$5,727,043 $5,212,610 Common shares outstanding168,594 172,464 Tangible book value per common share$33.97 $30.22 Book value per common share (GAAP)$52.91 $49.07 Tangible common equity ratio:Tangible common stockholders’ equity$5,727,043 $5,212,610 Total assets$80,279,750 $76,161,693 Less: Goodwill and other intangible assets3,193,132 3,250,909 Tangible assets$77,086,618 $72,910,784 Tangible common equity ratio7.43 %7.15 %Common stockholders’ equity to total assets (GAAP)11.11 %11.11 %

3

Three months ended March 31,(Dollars in thousands)20252024Return on average tangible common stockholders’ equity:Net income$226,917 $216,323 Less: Preferred stock dividends4,163 4,163 Add: Intangible assets amortization, tax-effected6,732 7,263 Net income adjusted for preferred stock dividends and intangible assets amortization$229,486 $219,423 Net income adjusted for preferred stock dividends and intangible assets amortization (annualized)$917,944 $877,692 Average stockholders’ equity$9,245,030 $8,759,992 Less: Average preferred stock283,979 283,979  Average goodwill and other intangible assets3,198,123 3,090,751 Average tangible common stockholders’ equity$5,762,928 $5,385,262 Return on average tangible common stockholders’ equity15.93 %16.30 %Return on average common stockholders’ equity (annualized) (GAAP)9.94 %10.01 %Efficiency ratio:Non-interest expense$343,644 $335,923