Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 144

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 144
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bp+100bp+200bp+300bpSeptember 30, 2025(0.7)%(0.4)%(0.2)%0.1%(0.1)%(0.5)%December 31, 2024(1.6)%(0.6)%—%0.4%0.6%0.8%

Asset sensitivity in terms of net interest income decreased from December 31, 2024, to September 30, 2025, primarily due to changes in the overall balance sheet composition, which included a $1.9 billion increase in interSYNC floating-rate money market deposits and a $2.2 billion increase in floating-rate loans and leases.

The following table summarizes the estimated impact that yield curve twists or immediate non-parallel changes in interest rates of up and down 50 and 100 basis points might have on the Company’s net interest income over a 12-month period starting at September 30, 2025, and December 31, 2024:

Short End of the Yield CurveLong End of the Yield Curve-100bp-50bp+50bp+100bp-100bp-50bp+50bp+100bpSeptember 30, 20251.3%0.6%(0.6)%(1.3)%(2.3)%(1.1)%1.0%2.0%December 31, 20242.1%1.0%(0.7)%(1.6)%(2.2)%(1.0)%1.0%1.9%

Sensitivity to the short end of the yield curve for net interest income slightly decreased, primarily due to changes in the overall balance sheet composition, as discussed above, whereas sensitivity to the long end of the yield curve for net interest income remained stable from December 31, 2024, to September 30, 2025.

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The following table summarizes the estimated economic value of financial assets, financial liabilities, and off-balance sheet financial instruments and the corresponding estimated change in economic value if interest rates were to instantaneously increase or decrease by 100 basis points at September 30, 2025, and December 31, 2024:

(Dollars in thousands)EstimatedEconomicValueEstimated Economic Value Change-100bp+100bpSeptember 30, 2025Assets$78,740,570 $2,145,458 $(2,316,294)L