Webster Financial Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	768.71	867.84	644.28	408.86
Depreciation & Amortization	72.2	77.55	82.67	41.51
Gain (Loss) on Sale of Assets	-11.66	-	-	-1.98
Gain (Loss) on Sale of Investments	107.08	82.13	24.74	136.99
Provision for Credit Losses	222	150.75	280.62	-54.5
Net Decrease (Increase) in Loans Originated / Sold - Operating	-48.06	0.56	3.23	12.57
Change in Trading Asset Securities	20.53	-73.3	536.82	173.51
Accrued Interest Receivable	246.75	-13.77	-106.74	-69.26
Change in Other Net Operating Assets	-63.09	-142.31	-178.34	23.64
Other Operating Activities	18.73	-24.89	-5.43	7.47
Operating Cash Flow	1,404	978.65	1,336	688.59
Operating Cash Flow Growth	43.49%	-26.75%	94.01%	80.95%
Capital Expenditures	-35.84	-40.3	-28.76	-16.59
Sale of Property, Plant and Equipment	6.77	6.89	0.3	3.22
Cash Acquisitions	-359.46	-157.65	459.55	-
Investment in Securities	-1,628	-1,521	-596.48	-1,713
Purchase / Sale of Intangibles	18.59	-	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-1,919	-1,027	-6,822	-691.26
Other Investing Activities	48.42	143.15	-199.1	12.83
Investing Cash Flow	-3,869	-2,596	-7,186	-2,405
Long-Term Debt Issued	-	-	5,899	-
Long-Term Debt Repaid	-496.68	-3,811	-	-442.63
Net Debt Issued (Repaid)	-496.68	-3,811	5,899	-442.63
Issuance of Common Stock	0.25	1.72	0.7	3.49
Repurchase of Common Stock	-82.62	-124.26	-345.76	-4.38
Common Dividends Paid	-274.55	-278.16	-247.77	-144.81
Preferred Dividends Paid	-16.65	-16.65	-13.73	-7.88
Total Dividends Paid	-291.2	-294.81	-261.49	-152.68
Net Increase (Decrease) in Deposit Accounts	3,698	6,721	936	2,511
Other Financing Activities	-4.05	-	-	-
Financing Cash Flow	2,824	2,493	6,229	1,915
Net Cash Flow	358.64	875.85	378.37	198.47
Free Cash Flow	1,368	938.35	1,307	672
Free Cash Flow Growth	45.84%	-28.22%	94.52%	87.05%
Free Cash Flow Margin	57.82%	37.43%	59.57%	52.54%
Free Cash Flow Per Share	8.04	5.46	7.80	7.45
Cash Interest Paid	1,611	1,249	240.85	42.15
Cash Income Tax Paid	124.82	268.6	193.54	112.59

Source: S&P Global Market Intelligence. Banks template. Financial Sources.