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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...

Webster Bank leader to head American Bankers Council

STAMFORD, Conn. – Webster Financial Corp. CEO and President John Ciulla was recently appointed as the 2022-23 chairperson of the American Bankers Association’s American Bankers...

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...
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