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WBS - Webster Financial Corporation

Profile of Webster Financial Corporation(WBS), Webster Financial Corporation operates as the bank holding company for Webster Bank, National Associ

About

ceo

Mr. John R. Ciulla

sector

Financial Services

industry

Banks - Regional

website

https://public.websteronline.com

exchange

NYSE

Description

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Retail Banking. The Commercial Banking segment provides lending, deposit, and cash management services; commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and asset-based lending, as well as treasury and payment services; wealth management solutions to business owners, operators, and consumers; and trust, asset management, financial planning, insurance, retirement, and investment products. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, consultants, and financial advisors. The Retail Banking segment provides deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers. The company also offers online and mobile banking services. As of December 31, 2021, it operated 130 banking centers and 251 ATMs. The company was founded in 1935 and is headquartered in Stamford, Connecticut.

CIK

0000801337

ISIN

US9478901096

CUSIP

947890109

Address

200 Elm Street

Phone

203 578 2202

Country

US

Employee

4,131

IPO Date

Dec 12, 1986

Key Executives

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