Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 219

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 219
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 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 $4.7 million for Commercial Banking, $6.3 million for Healthcare Financial Services, and $4.3 million for Consumer Banking.

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Note 16: 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 15: Segment Reporting.Three months ended June 30, 2025(In thousands)Commercial BankingHealthcare Financial ServicesConsumer BankingCorporate andReconcilingConsolidatedTotalNon-interest Income:Deposit service fees$4,550 $20,282 $16,268 $(166)$40,934 Loan and lease related fees (1)2,520 — — — 2,520 Wealth and investment services3,353 — 4,432 (6)7,779 Other (2)— 8,077 416 (296)8,197 Revenue from contracts with customers10,423 28,359 21,116 (468)59,430 Other sources of non-interest income20,205 328 3,475 11,219 35,227 Total non-interest income$30,628 $28,687 $24,591 $10,751 $94,657 Three months ended June 30, 2024(In thousands)Commercial BankingHealthcare Financial ServicesConsumer BankingCorporate andReconcilingConsolidatedTotalNon-interest Income:Deposit service fees$5,160 $20,460 $15,552 $(145)$41,027 Loan and lease related fees (1)3,943 — — — 3,943 Wealth and investment services3,208 — 5