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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,...
CHRISTINA H. PAXSON, president of Brown University, has been named the chair of the Federal Reserve Bank of Boston's board of directors. / PBN FILE PHOTO/TRACY JENKINS

Brown University President Paxson named Boston Fed’s board chair

PROVIDENCE – Brown University President Christina H. Paxson will serve as chair of the Federal Reserve Bank of Boston’s board of directors, Boston Fed...

Webster Bank to close 27 unidentified locations next spring

WATERBURY, Conn. – Webster Bank on Friday said it will close 27 unidentified locations next spring, but insists it will maintain a strong presence...

Webster Bank posts $51M Q2 profit

WATERBURY, Conn. – Webster Financial Corp., the parent company for Webster Bank, saw a 46.2% year-over-year cut to profits, ending the second quarter at...
WEBSTER FINANCIAL CORP.

Webster Bank reports 62% cut to first-quarter earnings

WATERBURY, Conn. – Webster Financial Corp., the parent company for Webster Bank, reported a $38.2 million first-quarter profit, representing a 62% cut to earnings...
WEBSTER FINANCIAL CORP. reported a third-quarter profit of $93.9 million, which Webster President and CEO John R. Ciulla attributed to year-over-year loan and deposit growth. /COURTESY WEBSTER BANK

Webster Bank reports $93.9M profit in Q3

PROVIDENCE – Webster Bank’s parent company Tuesday reported a third-quarter profit of $93.9 million, a 5.8% decrease from $99.7 in profit for the same...
WEBSTER FINANCIAL CORP., the holding company for Webster Bank, reported Thursday a 41 percent jump in earnings in 2018./PBN FILE PHOTO

Webster Bank reports 41% gain in earnings in 2018

PROVIDENCE – Webster Financial Corp., the holding company for Webster Bank, Thursday reported a 41 percent jump in earnings from 2017 to 2018, driven...

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