Tag: Webster Financial Corp.
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...
Webster announces $6.5B investment, new office for community relations
PROVIDENCE – Webster Financial Corp., the holding company for Webster Bank, recently announced a $6.5 billion investment in its local communities, coupled with a...
Webster Bank has $17M Q1 loss after closing Sterling merger
STAMFORD, CONN. – Higher costs associated with the merger with Sterling Bancorp left Webster Financial Corp. $16.8 million in the red for the first...
Webster Financial to acquire Boston tech company for HSA Bank
PROVIDENCE – Webster Financial Corp. recently announced plans to acquire a Boston-based technology company to bolster its health savings account bank services, according to...
Webster Bank reports $409M 2021 profit ahead of upcoming merger
WATERBURY, Conn. – Webster Financial Corp. nearly doubled its profits in 2021 as the bank slashed the amount of money it set aside for...
Webster’s HSA Bank donates $10K to Wounded Warrior Project
PROVIDENCE – HSA Bank, the health savings account bank under Webster Financial Corp., based in Waterbury, Conn., recently donated $10,000 to the Wounded Warrior...
Federal regulators approve $10.3B Webster Bank merger
WATERBURY, Conn. – Federal regulators have signed off on the $10.3 billion merger between Waterbury-based Webster Financial Corp. and Montebello, N.Y.-based Sterling Bancorp, the...
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...
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