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Webster hires former First Republic CFO as finance chief

STAMFORD, Conn. – Webster Financial Corp., the holding company for Webster Bank N.A., has appointed a former First Republic Bank C-suite executive as the...
WEBSTER BANK'S parent company on Tuesday reported second-quarter earnings of $181.6 million. / PBN FILE PHOTO

Webster reports $181.6M profit in Q2, down 22.7% year over year

STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, on Tuesday reported a $181.6 million profit in the second quarter of...

Webster Financial and Marathon launch private credit joint venture

PROVIDENCE – Webster Financial Corp. and Marathon Asset Management LP are forming a private credit joint venture that will deliver direct lending solutions to...

Webster Bank parent posts $216.3M profit in Q1

STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, on Monday said it recorded a $216.3 million profit in the first...
WEBSTER FINANCIAL Corp., parent company of Webster Bank, reported a $867.8 million profit in 2023, marking a 34.7% increase over the year prior.

Webster Bank parent sees profits rise 35% in 2023 but decline...

STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, says it recorded a $867.8 million profit in 2023, marking a 34.7%...

Webster buying Mass. medical-financial management firm for $350M

STAMFORD, Conn. – Webster Financial Corp., through its principal bank subsidiary, Webster Bank N.A., has agreed to purchase medical insurance settlement fund manager Ametros...
WEBSTER FINANCIAL CORP. reported Thursday that its profit for the third quarter was 3.2% lower than a year ago, but the performance still beat expectations on Wall Street. / PBN FILE PHOTO

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. on Thursday reported a $235 million second-quarter profi. / PBN FILE PHOTO

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 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 Bank to acquire deposit management platform with $9B in deposits

STAMFORD, Conn. – Webster Bank is slated to get a $9 billion deposit boost from buying a deposit management platform, according to a news...
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