Webster Financial Corporation (WBS)

Webster Financial Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	388.06	1,483	839.94	461.57	263.1
Investment Securities	1,686	4,569	5,129	1,243	865.91
Mortgage-Backed Securities	17,451	12,649	10,201	9,295	8,066
Total Investments	19,137	17,218	15,330	10,538	8,932
Gross Loans	52,505	50,726	49,764	22,272	21,641
Allowance for Loan Losses	-689.57	-635.74	-594.74	-301.19	-359.43
Net Loans	51,816	50,090	49,170	21,971	21,282
Property, Plant & Equipment	406.96	429.56	430.18	204.56	226.74
Goodwill	-	2,631	2,514	538.37	538.37
Other Intangible Assets	3,202	203.14	199.34	17.87	22.38
Loans Held for Sale	27.63	6.54	1.99	4.69	14.01
Accrued Interest Receivable	2,157	337.8	287.4	79.4	570.97
Restricted Cash	-	232.7	-	-	-
Other Current Assets	-	-	4.8	0.49	2.65
Long-Term Deferred Tax Assets	316.86	369.21	371.63	109.41	81.29
Other Real Estate Owned & Foreclosed	0.43	9.06	2.35	2.81	2.31
Other Long-Term Assets	1,252	1,835	1,904	976.65	637.72
Total Assets	79,025	74,945	71,278	34,916	32,591
Accrued Expenses	1,775	805.24	879.18	221.73	151.78
Interest Bearing Deposits	54,437	48,830	39,184	22,530	21,180
Institutional Deposits	-	1,222	1,895	256.52	-
Non-Interest Bearing Deposits	10,317	10,733	12,975	7,060	6,156
Total Deposits	64,753	60,784	54,054	29,847	27,335
Short-Term Borrowings	344.17	458.39	1,152	474.9	795.36
Current Portion of Long-Term Debt	-	2,350	5,450	0.09	25
Current Portion of Leases	-	38.58	-	-	-
Long-Term Debt	909.19	971.5	995.81	685.61	690.34
Federal Home Loan Bank Debt, Long-Term	2,110	10.02	10.37	10.91	108.16
Long-Term Leases	-	183.86	239.28	144.8	158.28
Trust Preferred Securities	-	77.32	77.32	77.32	77.32
Pension & Post-Retirement Benefits	-	26.81	27.07	3.78	4.19
Other Long-Term Liabilities	-	549.26	335.96	11.11	10.2
Total Liabilities	69,892	66,255	63,221	31,477	29,356
Preferred Stock, Redeemable	283.98	283.98	283.98	145.04	145.04
Total Preferred Equity	283.98	283.98	283.98	145.04	145.04
Common Stock	8,849	1.83	1.83	0.94	0.94
Additional Paid-In Capital	-	6,180	6,173	1,109	1,110
Retained Earnings	-	3,283	2,714	2,333	2,078
Treasury Stock	-	-507.52	-431.76	-126.95	-140.66
Comprehensive Income & Other	-	-550.57	-684.96	-22.58	42.26
Total Common Equity	8,849	8,406	7,772	3,293	3,090
Shareholders' Equity	9,133	8,690	8,056	3,438	3,235
Total Liabilities & Equity	79,025	74,945	71,278	34,916	32,591
Total Debt	3,363	4,090	7,925	1,394	1,854
Net Cash (Debt)	-1,289	-2,607	-7,085	-932.06	-1,591
Net Cash Per Share	-7.51	-15.16	-42.29	-10.33	-17.65
Filing Date Shares Outstanding	171.39	171.75	174.01	179.59	90.29
Total Common Shares Outstanding	171.39	172.02	174.01	90.58	90.2
Book Value Per Share	51.63	48.87	44.67	36.36	34.25
Tangible Book Value	5,647	5,571	5,059	2,737	2,529
Tangible Book Value Per Share	32.95	32.39	29.07	30.22	28.04

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