Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 222

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 222
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328,306 $100,041 $214,465 $642,812 Non-interest income33,902 27,304 24,909 86,115 Total segment revenues362,208 127,345 239,374 728,927 Reconciliation of revenue:Corporate and reconciling3,646 Total consolidated revenues732,573 Less:Compensation and benefits50,428 24,165 38,914 Occupancy (1)— — 13,613 Technology and equipment (1)2,442 7,808 2,901 Marketing— — 1,820 Other segment items (1) (2) (3)55,720 22,519 68,149 Segment pre-tax, pre-provision net revenue253,618 72,853 113,977 440,448 Reconciliation of pre-tax, pre-provision net revenue:Corporate and reconciling(64,544)Total consolidated pre-tax, pre-provision net revenue375,904 Total consolidated provision for credit losses44,000 Total consolidated income before income taxes331,904 (1)Occupancy and Technology and equipment include, in aggregate, $0.2 million of depreciation expense for Commercial Banking, $1.5 million for Healthcare Financial Services, and $2.5 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 $2.6 million for Commercial Banking, $3.4 million for Healthcare Financial Services, and $1.8 million for Consumer Banking.

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 Three months ended September 30, 2024(In thousands)CommercialBankingHealthcare Financial ServicesConsumerBankingTotalsNet interest income$338,424 $93,940 $202,122 $634,486 Non-interest income33,288