Webster Financial Corporation reported net charge offs for the quarter ended December 31, 2023. For the quarter, the company reported net charge-offs were $34.0 million, compared to $29.3 million in the prior quarter, and $20.2 million a year ago. The ratio of net charge-offs to average loans and leases was 0.27%, compared to 0.23% in the prior quarter, and 0.17% a year ago.
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- Webster Financial Corporation Reports Net Charge Offs for the Quarter Ended December 31, 2023