• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Up0.25% Nasdaq Up0.65%

    Webster Financial Corp. (WBS)

    39.08 Up 0.54(1.40%) May 27, 4:02PM EDT
    ProfileGet Profile for:
    Webster Financial Corp.
    145 Bank Street
    Waterbury, CT 06702
    United States - Map
    Phone: 203-578-2202
    Website: http://www.websteronline.com

    Index Membership:N/A
    Industry:Regional - Northeast Banks
    Full Time Employees:2,946

    Business Summary 

    Webster Financial Corporation operates as the bank and financial holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses in the United States. It operates through four segments: Commercial Banking, Community Banking, HSA Bank, and Private Banking. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and asset-based lending, commercial real estate, and equipment finance, as well as treasury and payment services, which include government and institutional banking. The Community Banking segment offers deposit and fee-based services, residential mortgages, home equity lines/loans, unsecured consumer loans, and credit cards, as well as investment and securities-related services, including brokerage and investment advice through a strategic partnership with LPL Financial. This segment also provides customers investment products, including stocks and bonds, mutual funds, annuities, and managed accounts; brokerage and online investing services; and credit, deposit, and cash flow management products to businesses and professional service firms. It serves consumers, and business and professional service firms. The HSA Bank segment offers health savings accounts, health reimbursement accounts, flexible spending accounts, and other financial solutions for healthcare. The Private Banking segment provides relationship banking services for high net worth clients, not-for-profit organizations, and business clients for asset management, trust, loan, and deposit products and financial planning services. The company provides various banking services through 163 banking offices; 316 ATMs; telephone banking; and mobile banking, as well as through its Website. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.

    Key Statistics

    Company Websites 
    Home Page
    Search Yahoo! for:
    More on Webster Financial Corp.

    Corporate Governance 
    Webster Financial Corp.’s ISS Governance QuickScore as of May 1, 2016 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 2; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. James C. Smith , 66
    Chairman, Chief Exec. Officer, Chairman of Exec. Committee, Chairman of Webster Bank and Chief Exec. Officer of Webster Bank
    Mr. Joseph J. Savage , 63
    Exec. Vice Chairman and Exec. Vice Chairman of Webster Bank, N.A.
    Mr. John R. Ciulla , 50
    Pres, Pres of Webster Bank, N.A. and Director of Webster Bank, N.A.
    Mr. Glenn I. MacInnes , 54
    Chief Financial Officer, Exec. VP, Chief Financial Officer of Webster Bank and Exec. VP of Webster Bank
    Mr. Gregory S. Madar , 53
    Chief Accounting Officer, Sr. VP, Chief Accounting Officer of Webster Bank N A and Sr. VP of Webster Bank N A
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
    View Insiders