Tag: Webster Financial Corp.
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,...
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 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%,...
