| Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
|---|
| Loans | 13.91 | 0.73 | 0.08 | 0.25 | -- | -- | -- | -- | 621.03 | -- |
| Interest and fees on loans and leases | 3,182.47 | 3,071.38 | 1,946.56 | 762.71 | 789.72 | 924.69 | 842.45 | 708.57 | -- | 552.44 |
| Loans and loans held for sale | -- | -- | -- | -- | 0.77 | 0.73 | 0.63 | 1.03 | 1.45 | 1.59 |
| Securities and short-term investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Taxable Interest and Dividends on Securities | 636.18 | 396.68 | 287.66 | 159.00 | 189.68 | 207.29 | 191.49 | 181.13 | 180.35 | 190.06 |
| Non-taxable Interest and Dividends on Securities | 38.76 | 54.21 | 50.44 | 20.88 | 21.88 | 21.87 | 20.60 | 22.87 | 19.09 | 15.95 |
| Other interest and dividends | 55.97 | 105.26 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Interest Income | 3,927.29 | 3,628.26 | 2,284.74 | 942.84 | 1,002.05 | 1,154.58 | 1,055.17 | 913.61 | 821.91 | 760.04 |
| Deposits | 1,427.20 | 1,021.42 | 138.55 | 20.13 | 67.90 | 129.58 | 90.41 | 62.25 | 49.86 | 46.03 |
| Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Long-term debt | 32.25 | 37.93 | 34.28 | 16.88 | 18.05 | 20.53 | 11.13 | 10.38 | 9.98 | 9.67 |
| Federal Home Loan Bank advances and other borrowings | 125.33 | 222.54 | 58.56 | 1.71 | 18.77 | 31.40 | 33.46 | 30.32 | 29.03 | 22.86 |
| Repurchase agreements and other short-term borrowings | 4.11 | 9.10 | 19.06 | 3.04 | 5.94 | 17.95 | 13.49 | 14.37 | 14.53 | 16.86 |
| Total Interest Expense | 1,588.90 | 1,290.99 | 250.45 | 41.76 | 110.66 | 199.46 | 148.49 | 117.32 | 103.40 | 95.42 |
| Net Interest Income | 2,338.39 | 2,337.27 | 2,034.29 | 901.09 | 891.39 | 955.13 | 906.68 | 796.29 | 718.51 | 664.63 |
| Provision for credit losses | 222.00 | 150.75 | 280.62 | (54.50) | 137.75 | 37.80 | 42.00 | 40.90 | 56.35 | 49.30 |
| Net interest income after provision for credit losses | 2,116.39 | 2,186.52 | 1,753.67 | 955.59 | 753.64 | 917.33 | 864.68 | 755.39 | 662.16 | 615.33 |
| Loan related fees | 76.38 | 84.86 | 102.99 | 36.66 | 29.13 | 31.33 | 32.03 | 26.45 | 30.11 | 25.59 |
| Wealth and investment services | 33.23 | 29.00 | 40.28 | 39.59 | 32.92 | 32.93 | 32.84 | 31.06 | 28.96 | 32.49 |
| Financial advisory services | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Deposit service fees | 161.14 | 169.32 | 198.47 | 162.71 | 156.03 | 168.02 | 162.18 | 151.14 | 140.69 | 136.58 |
| Net gain on investment securities | (136.22) | (33.62) | (6.75) | -- | 0.01 | 0.03 | -- | -- | 0.41 | 0.61 |
| Net gain on securities transactions | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Loss on write-down of securities available for sale to fair value | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on Webster Capital Trust I and II securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on the exchange of Trust Securities for common stock | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Loss on sale of mortgage loans | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Loss on sale of FNMA/FHLMC preferred stock | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Mortgage banking activities | -- | 1.24 | 0.71 | 6.22 | 18.30 | 6.12 | 4.42 | 9.94 | 11.10 | 7.80 |
| Net gain on trading securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Insurance revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other income | 89.65 | 37.31 | 75.86 | 63.77 | 34.34 | 32.28 | 36.48 | 26.40 | 38.59 | 23.57 |
| Increase in cash surrender value of life insurance | 27.71 | 26.23 | 29.24 | 14.43 | 14.56 | 14.61 | 14.61 | 14.63 | 14.76 | 13.02 |
| Visa share redemption | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on early extinguishment of subordinated notes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Warrants - fair value adjustment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total other-than-temporary impairment losses on securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Portion of the loss recognized in other comprehensive income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Impairment loss recognized in earnings | -- | -- | -- | -- | -- | -- | -- | (0.13) | (0.15) | (0.11) |
| Total Non-Interest Income | 251.90 | 314.34 | 440.78 | 323.37 | 285.28 | 285.32 | 282.57 | 259.48 | 264.48 | 239.55 |
| Compensation and benefits | 762.79 | 711.75 | 723.62 | 419.99 | 428.39 | 395.40 | 381.50 | 359.93 | 331.73 | 297.52 |
| Marketing | 18.75 | 18.62 | 16.44 | 12.05 | 14.13 | 16.29 | 16.84 | 17.42 | 19.70 | 16.05 |
| Occupancy | 72.16 | 77.52 | 113.90 | 55.35 | 71.03 | 57.18 | 59.46 | 60.49 | 60.29 | 48.84 |
| Deposit insurance | 68.91 | 98.08 | 26.57 | 15.79 | 18.32 | 17.95 | 34.75 | 25.65 | 26.01 | 24.04 |
| FDIC special assessment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Goodwill impairment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible assets amortization | 36.08 | 36.21 | 31.94 | 4.51 | 4.16 | 3.85 | 3.85 | 4.06 | 5.65 | 6.34 |
| Branch reconfiguration | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Acquisition costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Conversion and infrastructure costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Furniture and Equipment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Professional services | -- | -- | -- | -- | -- | 21.38 | 20.30 | 16.86 | -- | 11.16 |
| Other expense | 139.31 | 168.75 | 180.09 | 77.34 | 78.23 | 98.62 | 91.05 | 87.21 | 85.13 | 70.58 |
| Outside services | 58.25 | 107.50 | 117.53 | 47.24 | 32.42 | -- | -- | -- | 14.80 | -- |
| Debt prepayment expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Capital securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividends on preferred stock of subsidiary corporation | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Severance and other costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Foreclosed and repossessed property expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Foreclosed and repossessed asset write-downs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Litigation reserve | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Technology and equipment expense | 195.02 | 197.93 | 186.38 | 112.83 | 112.27 | 105.28 | 97.88 | 89.46 | 79.88 | 80.03 |
| Litigation reserve and settlement | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-Interest expense | 1,351.28 | 1,416.36 | 1,396.47 | 745.10 | 758.95 | 715.95 | 705.62 | 661.08 | 623.19 | 554.55 |
| Income Before Income Taxes | 1,017.01 | 1,084.50 | 797.98 | 533.86 | 279.97 | 486.69 | 441.63 | 353.79 | 303.45 | 300.32 |
| Current: Federal | -- | -- | -- | -- | -- | -- | 58.33 | 96.36 | -- | 98.44 |
| Income taxes | 248.30 | 216.66 | 153.69 | 125.00 | 59.35 | 103.97 | 81.22 | 98.35 | 96.32 | 93.98 |
| Deferred: Federal | -- | 219.55 | -- | 109.62 | 73.17 | -- | 8.51 | 39.57 | 73.19 | (7.28) |
| Deferred: State and local | -- | -- | -- | -- | -- | -- | 0.96 | (48.64) | -- | (8.23) |
| Current: State and local | -- | 50.75 | -- | 20.37 | 17.42 | -- | 13.41 | 11.06 | 5.43 | 11.05 |
| Income from Continuing Operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Loss from discontinued operations, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| (Loss) income from discontinued operations, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income before cumulative effect of change in accounting method | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Extraordinary item - early extinguishment of debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cumulative effect of change in accounting method | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net (loss) income | 768.71 | 867.84 | 644.28 | 408.86 | 220.62 | 382.72 | 360.42 | 255.44 | 207.13 | 206.34 |
| Less: Net income attributable to non controlling interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income attributable to Webster Financial Corporation | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Preferred stock dividends | 16.65 | 16.65 | 15.92 | 7.88 | 9.15 | 9.74 | 8.72 | 8.61 | 8.10 | 8.71 |
| Preferred stock dividends and accretion of discount | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accretion of preferred stock discount and gain on extinguishment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Less income allocated to participating securities | -- | -- | -- | -- | -- | -- | -- | -- | 0.61 | 0.66 |
| Net (loss) income applicable to common shareholders | 752.06 | 851.19 | 628.36 | 400.99 | 211.47 | 372.99 | 351.70 | 246.83 | 198.42 | 196.97 |
| Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income before cumulative effect of change in accounting method | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income (loss) from discontinued operations, net of tax per common share | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cumulative effect of change in accounting method | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Basic) | 4.38 | 4.91 | 3.72 | 4.43 | 2.35 | 4.07 | 3.83 | 2.68 | 2.17 | 2.17 |
| Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income before cumulative effect of change in accounting method | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income (loss) from discontinued operations, net of tax per common share | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cumulative effect of change in accounting method | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Diluted) | 4.37 | 4.91 | 3.72 | 4.42 | 2.35 | 4.06 | 3.81 | 2.67 | 2.16 | 2.15 |
| Weighted Average Shares Outstanding (Basic) | 169.82 | 171.78 | 167.45 | 89.98 | 89.97 | 91.56 | 91.93 | 91.97 | 91.37 | 90.97 |
| Weighted Average Shares Outstanding (Diluted) | 170.19 | 171.88 | 167.55 | 90.21 | 90.15 | 91.88 | 92.23 | 92.36 | 91.86 | 91.53 |