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Webster Financial's Assets Hit $79B Amid 11.4% Net Income Dip

WBS10-KFiling Date: 3/3/2025
Webster Financial Corporation
Description

What this story covers

Webster Financial reported $79B assets and $768.7M net income in 2024, down 11.4% due to higher provisions and rate pressures. Growth via Ametros acquisition added stable deposits; strong capital (CET1 11.54%) and liquidity position it for moderated 2025 expansion in loans and fees.

Story snapshot

CompanyWebster Financial Corporation
TickerWBS
VariantStandard detailed
Duration16:06
Filing type10-K
PeriodAnnual 2024
IndustryFinancial Services
Accession0000801337-25-000004

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