Webster Financial Corporation WBS Commercial Banking — Provision for Credit Losses

Similar metrics at other companies

UMBFCommercial Banking — Provision For Loan Lease And Other Losses

$23.78M-64.4%

FCNCACommercial Banking — Provision for Credit Losses

$14M-73.6%

CFGCommercial Banking — Provision (benefit) for credit losses

$64M-16.9%

UMBFCommercial Banking — Provision For Loan And Lease Losses

$557K-98.8%

HBANCommercial Banking — Provision for loan and lease losses

-$34M-139%

CFGCommercial Banking — Provision for Credit Losses

$101M+135%

Questions, answered.

What is Webster Financial Corporation's commercial banking — provision for credit losses?

Webster Financial Corporation (WBS) reported commercial banking — provision for credit losses of $48.81M in Q3 2024.

How has Webster Financial Corporation's commercial banking — provision for credit losses changed year-over-year?

Webster Financial Corporation's commercial banking — provision for credit losses increased by 19.0% year-over-year, from $41.03M to $48.81M.

What is the long-term trend for Webster Financial Corporation's commercial banking — provision for credit losses?

Over 2 years (2021 to 2023), Webster Financial Corporation's commercial banking — provision for credit losses has grown at a 59.9% compound annual growth rate (CAGR), from -$51.35M to $131.24M.

What does commercial banking — provision for credit losses mean?

The amount of money the bank sets aside to cover expected losses from bad loans in the commercial segment.

How do you interpret commercial banking — provision for credit losses?

An increase suggests deteriorating credit quality or a more conservative economic outlook, while a decrease suggests improved portfolio health.

How does commercial banking — provision for credit losses compare across companies?

Standard industry metric; highly correlated with the bank's overall credit risk management and economic cycle exposure.