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Webster Financial (FRA:WED) Allowance For Loans And Lease Losses : €-571 Mil (As of Mar. 2024)


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What is Webster Financial Allowance For Loans And Lease Losses?

Webster Financial's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-571 Mil.

Webster Financial's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-573 Mil) to Dec. 2023 (€-564 Mil) but then declined from Dec. 2023 (€-564 Mil) to Mar. 2024 (€-571 Mil).

Webster Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-261 Mil) to Dec. 2022 (€-540 Mil) and declined from Dec. 2022 (€-540 Mil) to Dec. 2023 (€-564 Mil).


Webster Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Webster Financial's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Webster Financial Allowance For Loans And Lease Losses Chart

Webster Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -183.99 -288.03 -261.12 -539.65 -564.05

Webster Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -551.47 -557.60 -572.81 -564.05 -571.45

Webster Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Webster Financial Allowance For Loans And Lease Losses Related Terms

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Webster Financial (FRA:WED) Business Description

Industry
Traded in Other Exchanges
Address
200 Elm Street, Stamford, CT, USA, 06902
Webster Financial Corp is a full-service provider of financial services, offering commercial and consumer banking, mortgages, and investment advisory along with trust and wealth management services in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania. The company's segment includes Commercial Banking, HSA Bank, and Consumer Banking. It generates maximum revenue from the Commercial Banking segment.

Webster Financial (FRA:WED) Headlines

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