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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...

Citizens receives 2nd-most CFPB complaints per deposits in U.S. in 2018

PROVIDENCE – Citizens Financial Group Inc. ranked No. 2 on a list of banks with the most 2018 Consumer Financial Protection Bureau complaints related...

Webster reports 54% jump in Q3 profit

PROVIDENCE – Webster Financial Corp., the holding company for Webster Bank, on Thursday reported a 54 percent increase year over year in quarterly earnings,...

Webster Bank reports $81.7M profit for Q2

WATERBURY, Conn. – Webster Financial Corp., the parent company of Webster Bank, reported Thursday that its second-quarter profit grew 32.6 percent year over year...
WEBSTER FINANCIAL CORP. is the Connecticut-based parent of Webster Bank. /PBN FILE PHOTO

Webster Bank posts $80M Q1 profit

WATURBURY, Conn – Webster Financial Corp. on Thursday reported first-quarter profit grew 34.9 percent to $80.2 million, or 85 cents per diluted share, compared...
EDWARD O. Handy III is the chairman and CEO of Westerly-based Washington Trust Bancorp Inc., the second largest Rhode Island-based bank. / PBN FILE PHOTO/MICHAEL SALERNO

Banks are optimistic tax reform will benefit the bottom line long-term

The Rhode Island banking community has largely celebrated the sweeping tax overhaul approved by Congress that among other things lowered the corporate tax rate...
WEBSTER BANK has launched a new online-investment platform called Guided Wealth Portfolio.

Webster Bank launches new digital-investment platform

PROVIDENCE – In a move to expand its digital services, Webster Bank has launched a new online-investment platform called Guided Wealth Portfolio.The new platform...
WEBSTER FINANCIAL CORP., the parent company of Webster Bank reported a 24.5 profit increase year over year for the third quarter.

Webster reports 25.5% profit jump for Q3

WATERBURY, Conn. – Webster Financial Corp. on Thursday reported third-quarter profit of $64.5 million, or 67 cents per diluted share, an increase of 24.5...
JOHN R. CIULLA (left) is slated to succeed long-time Webster Bank CEO James C. Smith. He'll become the company's third CEO in 82 years./PHOTO COURTESY OF WEBSTER BANK

Long-time Webster Bank CEO to retire, Ciulla named successor

WATERBURY – Webster Financial Corp., parent of Webster Bank, has announced John R. Ciulla will succeed long-time chairman and CEO James C. Smith, who...

Webster reports Q2 profit totaled record $61.6M

WATERBURY, Conn. – Webster Financial Corp. on Friday reported record-breaking, second-quarter profit of $61.6 million, or 64 cents per diluted share, a 21.7 percent increased...
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