Webster Financial Corp Annual Shareholders Meeting Summary

Edited Brief of WBS.N shareholder or annual meeting 21-May-25 1:00pm GMT

...A. We generated strong results in 2024 even as we advanced strategically. B. We reported full year earnings of $752 million earnings per share of $4.37 and our return on tangible common equity was 14.3%. C. On an adjusted basis, full year earnings were $924 million. D. Our EPS was $5.38 and our return on tangible common equity was 17.5%. E. We returned $275 million of capital to shareholders through common dividends and an additional $66 million through share repurchases. F. We also maintained stable net interest income despite elevated deposit competition and the onset of lower interest rates. G. From a strategic perspective, we closed the acquisition of Ametros, an administrator of workers' compensation settlements. H. We've been informed by the Inspector of Election that the preliminary vote report shows that over 89% of the shares outstanding have been voted, which is once again an extraordinary turnout. I. The report shows that each of the nominees for directors have been elected for...

Brief