Tag: Webster Financial Corp.
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 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...
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 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 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...
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...
Webster Bank first-quarter profit totals $59M
WATERBURY, Conn. – With its 30th consecutive quarter of year-over-year revenue growth, Webster Financial Corp. on Friday reported first-quarter profit growing 26.4 percent to...