Company: WBS-PG
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000801337-25-000004
Chunk: 127

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 127
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Intangible assets amortization, which is a component of other non-interest expense presented in other segment items, was $16.9 million for Commercial Banking, $4.8 million for Healthcare Financial Services, and $10.3 million for Consumer Banking.

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Note 22: 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 21: Segment Reporting. Year ended December 31, 2024(In thousands)CommercialBankingHealthcare Financial ServicesConsumer BankingCorporate andReconcilingConsolidatedTotalNon-interest Income:Deposit service fees$19,904 $78,211 $63,591 $(562)$161,144 Loan and lease related fees (1)14,170 — — — 14,170 Wealth and investment services (2)13,122 — 20,133 (21)33,234 Other (3) (4)— 31,996 1,067 4,088 37,151 Revenue from contracts with customers47,196 110,207 84,791 3,505 245,699 Other sources of non-interest income95,908 — 28,847 (118,555)6,200 Total non-interest income$143,104 $110,207 $113,638 $(115,050)$251,899 Year ended December 31, 2023(In thousands)CommercialBankingHealthcare Financial ServicesConsumer BankingCorporate andReconcilingConsolidatedTotalNon-interest Income:Deposit service fees$15,987 $81,051 $71,539 $741 $169,318 Loan and lease related fees (1)17,633 — — — 17,633 Wealth and investment services (2)11,544 — 17,477 (22)28,999 Other (3)— 7,062 6,199 4,193 17,454 Revenue from contracts with customers45,164 88,113 95,215 4,912 233,404 Other sources of non-interest income80,101 — 19,636 (18,