
Webster Financial's Assets Hit $79B Amid 11.4% Net Income Dip
Webster Financial CorporationDescription
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
Full Story Script
Content not available for this story.