Company: WBS-PG
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000801337-25-000004
Chunk: 92

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 92
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 Bank to maintain minimum ratios of CET1 Risk-Based Capital, Tier 1 Risk-Based Capital, Total Risk-Based Capital, and Tier 1 Leverage Capital, as defined in the regulations. CET1 capital consists of common stockholders’ equity less deductions for goodwill and other intangible assets, and certain deferred tax adjustments. At the time of initial adoption of the Basel III Capital Rules, the Company had elected to opt-out of the requirement to include certain components of AOCI in CET1 capital. Tier 1 capital consists of CET1 capital plus preferred stock. Total capital consists of Tier 1 capital and Tier 2 capital, as defined in the regulations. Tier 2 capital includes qualifying subordinated debt and the permissible portion of the ACL.At December 31, 2024, and 2023, both the Company and the Bank were classified as “well-capitalized.”The following table provides information on the regulatory capital ratios for the Company and the Bank:At December 31, 2024 Actual (1)Minimum RequirementWell Capitalized(In thousands)AmountRatioAmountRatioAmountRatioWebster Financial CorporationCET1 Risk-Based Capital$6,318,876 11.54 %$2,464,542 4.5 %$3,559,895 6.5 %Tier 1 Risk-Based Capital6,602,855 12.06 3,286,057 6.0 4,381,409 8.0 Total Risk-Based Capital7,800,717 14.24 4,381,409 8.0 5,476,761 10.0 Tier 1 Leverage Capital 6,602,855 8.70 3,034,369 4.0 3,792,961 5.0 Webster BankCET1 Risk-Based Capital$6,847,474 12.53 %$2,460,031 4.5 %$3,553,378 6.5 %Tier 1 Risk-Based Capital6,847,474 12.53 3,280,042 6.0 4,373,389 8.0 Total Risk-Based Capital7,512,143 13.74 4,373,389 8.0 5,466,736 10.0 Tier 1 Leverage Capital6,847,474 9.04 3,031,190 4.