Webster Financial Corporation (WBS)

Webster Financial Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,198	1,483	839.94	461.57	263.1	164.1
Investment Securities	3,381	4,569	5,129	1,243	865.91	876.68
Trading Asset Securities	-	-	-	-	-	133.16
Mortgage-Backed Securities	15,154	12,649	10,201	9,295	8,066	7,365
Total Investments	18,535	17,218	15,330	10,538	8,932	8,375
Gross Loans	51,947	50,726	49,764	22,272	21,641	20,037
Allowance for Loan Losses	-687.8	-635.74	-594.74	-301.19	-359.43	-209.1
Net Loans	51,259	50,090	49,170	21,971	21,282	19,828
Property, Plant & Equipment	411.07	429.56	430.18	204.56	226.74	270.41
Goodwill	2,868	2,631	2,514	538.37	538.37	538.37
Other Intangible Assets	343.98	203.14	199.34	17.87	22.38	21.92
Loans Held for Sale	117.62	6.54	1.99	4.69	14.01	36.05
Accrued Interest Receivable	340.1	337.8	287.4	79.4	570.97	293.95
Restricted Cash	-	232.7	-	-	-	93.8
Other Current Assets	-	-	4.8	0.49	2.65	-
Long-Term Deferred Tax Assets	273.17	369.21	371.63	109.41	81.29	61.98
Other Real Estate Owned & Foreclosed	1.66	9.06	2.35	2.81	2.31	6.47
Other Long-Term Assets	1,975	1,835	1,904	976.65	637.72	610.45
Total Assets	79,454	74,945	71,278	34,916	32,591	30,389
Accrued Expenses	653.37	805.24	879.18	221.73	151.78	122.41
Interest Bearing Deposits	52,410	48,830	39,184	22,530	21,180	18,217
Institutional Deposits	1,360	1,222	1,895	256.52	-	661.33
Non-Interest Bearing Deposits	10,745	10,733	12,975	7,060	6,156	4,446
Total Deposits	64,514	60,784	54,054	29,847	27,335	23,325
Short-Term Borrowings	100.23	458.39	1,152	474.9	795.36	847.59
Current Portion of Long-Term Debt	3,100	2,350	5,450	0.09	25	1,690
Current Portion of Leases	7.09	38.58	-	-	-	-
Long-Term Debt	833.64	971.5	995.81	685.61	690.34	663.04
Federal Home Loan Bank Debt, Long-Term	10.21	10.02	10.37	10.91	108.16	258.48
Long-Term Leases	223.54	183.86	239.28	144.8	158.28	174.4
Trust Preferred Securities	77.32	77.32	77.32	77.32	77.32	77.32
Pension & Post-Retirement Benefits	-	26.81	27.07	3.78	4.19	6.12
Other Long-Term Liabilities	724.45	549.26	335.96	11.11	10.2	17.47
Total Liabilities	70,256	66,255	63,221	31,477	29,356	27,182
Preferred Stock, Redeemable	283.98	283.98	283.98	145.04	145.04	145.04
Total Preferred Equity	283.98	283.98	283.98	145.04	145.04	145.04
Common Stock	1.83	1.83	1.83	0.94	0.94	0.94
Additional Paid-In Capital	6,166	6,180	6,173	1,109	1,110	1,113
Retained Earnings	3,654	3,283	2,714	2,333	2,078	2,061
Treasury Stock	-535.03	-507.52	-431.76	-126.95	-140.66	-76.73
Comprehensive Income & Other	-373.24	-550.57	-684.96	-22.58	42.26	-36.07
Total Common Equity	8,914	8,406	7,772	3,293	3,090	3,063
Shareholders' Equity	9,198	8,690	8,056	3,438	3,235	3,208
Total Liabilities & Equity	79,454	74,945	71,278	34,916	32,591	30,389
Total Debt	4,352	4,090	7,925	1,394	1,854	3,711
Net Cash (Debt)	-1,154	-2,607	-7,085	-932.06	-1,591	-3,414
Net Cash Per Share	-6.78	-15.16	-42.29	-10.33	-17.65	-37.15
Filing Date Shares Outstanding	171.41	171.75	174.01	179.59	90.29	91.63
Total Common Shares Outstanding	171.43	172.02	174.01	90.58	90.2	92.03
Book Value Per Share	52.00	48.87	44.67	36.36	34.25	33.28
Tangible Book Value	5,702	5,571	5,059	2,737	2,529	2,502
Tangible Book Value Per Share	33.26	32.39	29.07	30.22	28.04	27.19

Source: S&P Capital IQ. Banks template. Financial Sources.