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    Webster Financial Corp. (WBS)

    -NYSE
    35.25 Down 0.52(1.45%) Apr 17, 4:01PM EDT
    |After Hours : 35.25 0.00 (0.00%) Apr 17, 4:34PM EDT
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    Webster Financial Corp.
    Webster Plaza
    Waterbury, CT 06702
    United States - Map
    Phone: 203-578-2202
    Website: http://www.websteronline.com

    Details 
    Index Membership:N/A
    Sector:Financial
    Industry:Regional - Northeast Banks
    Full Time Employees:2,693

    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 three segments: Commercial Banking, Community Banking, and Other. 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 insurance and investment products, including stocks and bonds, mutual funds, annuities, and managed accounts; brokerage and online investing services; and cash flow management products. It serves consumer, and business and professional service firms. The Other segment operates as a bank custodian of health savings accounts; and provides private banking services, such as asset management, trust, loan and deposit products, and financial planning services to high net worth clients, not-for-profit organizations, and business clients. The company provides various banking services through 164 banking offices; 314 ATMs; telephone banking; and mobile banking, as well as through its Internet Website. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.

    Key Statistics


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    Corporate Governance 
    Webster Financial Corp.’s ISS Governance QuickScore as of Apr 1, 2015 is 1. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 2; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. James C. Smith , 65
    Chairman, Chief Exec. Officer, Chairman of Exec. Committee, Chairman of Webster Bank and Chief Exec. Officer of Webster Bank
    1.99M0.00
    Mr. Joseph J. Savage , 62
    Pres, Pres of Webster Bank and Director of Webster Bank
    839.00K0.00
    Mr. Glenn I. MacInnes , 53
    Chief Financial Officer, Exec. VP, Chief Financial Officer of Webster Bank and Exec. VP of Webster Bank
    792.00K0.00
    Mr. Nitin J. Mhatre , 44
    Exec. VP of Community Banking and Exec. VP of Community Banking - Webster Bank
    603.00K0.00
    Mr. John R. Ciulla , 49
    Exec. VP of Commercial Banking and Exec. VP of Commercial Banking for Webster Bank
    705.00K0.00
    Amounts are as of Dec 31, 2014 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.
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