Webster Financial Corporation (WBS)

NYSE: WBS · IEX Real-Time Price · USD
50.77
-0.04 (-0.08%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Company Description

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial products and services to individuals, families, and businesses in the United States.

It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment offers commercial real estate and equipment financing, business banking, asset-based lending, and commercial services; public sector finance; mortgage warehouse financing; sponsor and specialty financing services; credit, deposit, and cash flow management services; and wealth management solutions to business owners and operators, including trust, asset management, financial planning, insurance, retirement, and investment products, as well as treasury management services comprising derivative, treasury, accounts payable, accounts receivable, and trade products and services.

This segment also provides commercial services, such as accounts receivable factoring and trade financing, payroll funding, and business process outsourcing.

The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter benefit services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, benefit consultants, and financial advisors.

The Consumer Banking segment provides consumer deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers; and small business banking products, such as credit, deposit, and cash flow management products to businesses and professional service firms.

The company offers online and mobile banking services. Webster Financial Corporation was founded in 1935 and is headquartered in Stamford, Connecticut.

Webster Financial Corporation
Webster Financial logo
Country United States
Founded 1935
Industry Banks - Regional
Sector Financials
Employees 4,131
CEO John R. Ciulla

Contact Details

Address:
200 Elm Street
Stamford, Connecticut 06902
United States
Phone 203-578-2202
Website public.websteronline.com

Stock Details

Ticker Symbol WBS
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000801337
CUSIP Number 947890109
ISIN Number US9478901096
Employer ID 06-1187536
SIC Code 6021

Key Executives

Name Position
John R. Ciulla Chairman and Chief Executive Officer
Luis R. Massiani President and Chief Operating Officer
Glenn I. MacInnes Executive Vice President and Chief Financial Officer
Christopher J. Motl Senior Executive Vice President and President of Commercial Banking
Albert J. Wang CPA Executive Vice President and Chief Accounting Officer
Vikram Nafde Chief Information Officer
Emlen Briggs Harmon C.F.A. Director of Investor Relations
Kristy Berner Esq. General Counsel and Corporate Secretary
Alice Ferreira Senior MD of Corporate Communications
Javier L. Evans Executive Vice President and Chief Human Resources Officer

Latest SEC Filings

Date Type Title
Mar 25, 2024 8-K Current Report
Mar 15, 2024 ARS Filing
Mar 15, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 15, 2024 DEF 14A Other definitive proxy statements
Mar 11, 2024 144 Filing
Mar 11, 2024 144 Filing
Mar 11, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Mar 5, 2024 144 Filing
Feb 29, 2024 144 Filing
Feb 28, 2024 144 Filing