Tag: John R. Ciulla
Webster sees profit drop 3.2% in third quarter
STAMFORD, Conn. – Webster Financial Corp. on Thursday posted a third-quarter profit of $226.5 million, a 3.2% decline from the same period a year...
Webster Financial Corp. posts $235M Q2 profit, up 28.9%
STAMFORD, Conn. – Webster Financial Corp. on Thursday reported a $235 million second-quarter net income, an increase of $52.7 million – or 28.9% –...
Webster Bank parent posts $216.8M profit in Q1
STAMFORD, Conn. – Webster Financial Corp. on Thursday declared earnings of $216.8 million for the first quarter of 2023.
The profit marked a strong recovery...
Webster Bank reports $644M profit for 2022, boosted by Sterling merger
STAMFORD, Conn. – Webster Financial Corp. continues to reap financial benefits – and some extra costs – from a $10.3 billion merger with a...
Webster sees Q3 profits double after Sterling merger
STAMFORD, Conn. – Webster Financial Corp. more than doubled its third-quarter profits over a year ago, reporting $229.8 million in earnings on Thursday.
The Webster...
Webster posts $182M Q2 profit, boosted by Sterling merger
STAMFORD, Conn. – After ending the first quarter in the red due to merger-related costs, Webster Financial Corp. rebounded with a $182.3 million second-quarter...
Merger between Webster Financial and Sterling gains stockholder approval
PROVIDENCE – Stockholders have signed off on the merger deal between Webster Financial Corp. and New York-based Sterling Bancorp, the companies announced in a...
Webster Bank reports $94M Q2 profit
WATERBURY, Conn. – Webster Financial Corp. saw a 77% increase in quarterly earnings compared to a year ago, reporting on Thursday a $94 million...
Webster Bank joins forces with N.Y. lender in $10.3B merger while...
WATERBURY, Conn. – Connecticut-based Webster Financial Corp. announced on Monday it will merge with a similarly sized New York bank.
The all-stock transaction, valued at...
Webster Bank reports $221M profit in 2020
WATERBURY, Conn. – Webster Financial Corp., the parent company for Webster Bank, on Thursday reported a 42.4% drop in profits over the prior year,...
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