韦伯斯特金融 2025年季度报告

FORM10-Q_________________________________________________________________________________________________________________________________________-___________________________________________________________________________________________________ ☒Quarterly Report Pursuant to Section13 or 15(d) of the Securities Exchange Act of 1934For the quarterly period endedMarch31, 2025or☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the transition period from ____ to ____ Commission File Number:001-31486_______________________________________________________________________________________ WEBSTER FINANCIAL CORPORATION (Exact name of registrant as specified in its charter)______________________________________________________________________________________ Delaware06-1187536(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 200 Elm Street,Stamford,Connecticut06902(Address and zip code of principal executive offices)(203)578-2202(Registrant’s telephone number, including area code)______________________________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Common Stock, par value $0.01 per shareDepositary Shares, each representing 1/1000th interest in a shareof 5.25% Series F Non-Cumulative Perpetual Preferred StockDepositary Shares, each representing 1/40th interest in a shareof 6.50% Series G Non-Cumulative Perpetual Preferred Stock Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2)has been subject to such filing requirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter periodthat the registrant was required to submit such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large Accelerated Filer☒Acceleratedfiler☐Non-accelerated filer☐Smallerreportingcompany☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐Yes☒No The number of shares of common stock, par value $0.01 per share, outstanding as of May2, 2025 was168,229,092. INDEX Key to Acronyms and TermsiiForward-Looking StatementsiiiPART I – FINANCIAL INFORMATIONItem1.Financial Statements28Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations1Item3.Quantitative and Qualitative Disclosures about Market Risk77Item4.Controls and Procedures77PART II – OTHER INFORMATIONItem1.Legal Proceedings78Item1A.Risk Factors78Item2.Unregistered Sales of Equity Securities and Use of Proceeds78Item3.Defaults Upon Senior Securities78Item4.Mine Safety Disclosures78Item5.Other Information79Item6.Exhibits80EXHIBIT INDEX80SIGNATURES81 KEY TO ACRONYMS AND TERMS A financial services corporation created by the United States CongressAgency commercial mortgage-backed securitiesAgency collateralized mortgage obligationsAgency mortgage-backed securitiesAsset/Liability CommitteeAmetros Financial CorporationAccumulated other comprehensive income (loss), net of taxAccounting Standards CodificationAccounting Standards UpdateAutomated teller machineCapital rules under a global regulatory framework developed by the Basel Committee on Banking SupervisionBank Holding Company Act of 1956, as amendedCurrent expected credit lossesCommon Equity Tier 1 Capital, defined by Basel III capital rulesRatio of CET1 capital to total risk-weighted assets, defined by the Basel III Capital RulesNon-agency commercial mortgage-backed securitiesChief Operating Decision MakerCommunity Reinvestment Act of 1977Exposure at defaultFinancial Accounting Standards BoardFederal Deposit Insurance CorporationFederal Home Loan BankFair Isaac CorporationFederal Reserve BankFully tax-equivalentFunds Transfer Pricing, a matched maturity funding conceptU.S. Generally Accepted Accounting PrinciplesWebster Financial CorporationHealth savings accountHSA Bank, a division of Webster Bank, National AssociationInterlink Insured Sweep LLCLoss given defaultLow-i