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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...

Webster Bank reports $383M profit in 2019

WATERBURY, Conn. – Webster Financial Corp., the parent company for Webster Bank, brought in a $382.7 million profit in 2019, an increase of 6.2%,...
WEBSTER FINANCIAL CORP. reported a third-quarter profit of $93.9 million, which Webster President and CEO John R. Ciulla attributed to year-over-year loan and deposit growth. /COURTESY WEBSTER BANK

Webster Bank reports $93.9M profit in Q3

PROVIDENCE – Webster Bank’s parent company Tuesday reported a third-quarter profit of $93.9 million, a 5.8% decrease from $99.7 in profit for the same...
WEBSTER FINANCIAL CORP.

Webster Bank posts 21% increase in quarterly profit

PROVIDENCE – Webster Bank’s holding company Thursday reported profit grew by 21% in the second quarter compared with the same period last year, driven...

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