Tag: Webster Financial Corp.
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 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 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 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 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...