SEC filing of the week: Webster Bank parent sees profits fall 11.4% in 2024

WEBSTER FINANCIAL Corp., the parent company of Webster Bank, says it recorded a $768.7 million profit in 2024, marking an 11.4% decrease from the $867.8 million it made in 2023. /PBN FILE PHOTO

STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, says it recorded a $768.7 million profit in 2024, marking an 11.4% decrease from the $867.8 million it made in 2023, according to its filing with the U.S. Securities and Exchange Commission on Jan. 17. For the fourth quarter, Webster – which has

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