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Webster Bank reports $96M Q3 earnings

WATERBURY, Conn. – Webster Financial Corp. grew its profit margin by nearly 40% year over year, with earnings of $95.7 million for the 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,...
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 posts $69M Q3 profit

WATERBURY, Conn. – Webster Financial Corp., the parent company for Webster Bank, reported a $69.3 million profit in the third quarter, the company announced...

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, Citizens named to Forbes’ 2020 Best Banks list

PROVIDENCE – Two local banks earned spots on Forbes’ 2020 America’s Best Banks list. Connecticut-based Webster Bank and Citizens Bank, in Rhode Island, both were...

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