Webster Financial (WBS:NYSE) Annual Reports & Investor Relations Material

Overview

Webster Financial Corporation, the bank holding company for Webster Bank, National Association, has been providing a range of financial services to individuals, families, and businesses in the United States for over 85 years. The company operates through three segments, namely Commercial Banking, HSA Bank, and Consumer Banking. Under its Commercial Banking segment, the company offers a vast array of financial solutions, including commercial real estate and equipment financing, business banking, asset-based lending, and commercial services. Additionally, it provides public sector finance, mortgage warehouse financing, treasury management services, credit, deposit, and cash flow management services, and wealth management solutions to business owners and operators. The HSA Bank segment of the company distributes health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter services to employers and individual consumers directly. These are also distributed through national and regional insurance carriers, consultants, and financial advisors. Under its Consumer Banking segment, Webster Financial Corporation provides consumer deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers. Furthermore, it offers small business banking products, such as credit, deposit, and cash flow management to businesses and professional service firms. The company also offers online and mobile banking services, facilitating access to banking services for its clients. Webster Financial Corporation, headquartered in Stamford, Connecticut, was founded in 1935. Over the years, the company has established itself as a leader in the financial services industry, providing clients across the United States with tailored financial products and services that meet their unique needs.

Frequently Asked Questions

What is Webster Financial's ticker?

Webster Financial's ticker is WBS

What exchange is Webster Financial traded on?

The company's shares trade on the NYSE stock exchange

Where are Webster Financial's headquarters?

They are based in Stamford, Connecticut

How many employees does Webster Financial have?

There are 1001-5000 employees working at Webster Financial

What is Webster Financial's website?

It is public.websteronline.com

What type of sector is Webster Financial?

Webster Financial is in the Financial sector

What type of industry is Webster Financial?

Webster Financial is in the Regional - Northeast Banks industry

Who are Webster Financial's peers and competitors?

The following five companies are Webster Financial's industry peers:

- Sterling Bancorp

- Isabella Bank Corp.

- Bridge Bancorp Inc.

- Bankwell Financial Group, Inc.

- Norwood Financial Corp.