Webster Financial Corp. (WBS) is in the Financial Services Industry

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• Foreclosure Relief: $1 Million Apiece

  Greg Newton submits:  ABOVE: Webster Bank WBS executives help themselves to $400 million from the Kash’n’Kari Capital Purchase Program. Connecticut is hardly unique in being littered with small-cap banks that have variously avoided the worst of the financial sector rout, lied more skillfully about their exposures,...

  External links 2008-11-17

  Tags: Financial, Seeking Alpha, Greg Newton, Financial Accounting, Finance, Webster Financial Corp.

• Webster Financial Corporation Q3 2008 Earnings Call Transcript

  Question-and-Answer Session Operator Thank you. [Operator Instructions]. Our first question is coming from Ken Zerbe with Morgan Stanley. Please state your question. Ken Zerbe Thanks, good morning. Jerry Plush Hello Ken. Ken Zerbe When you guys recently setup a liquidating portfolio, I was under the impression that you setup...

  Earnings calls 2008-10-21

  Tags: Call Transcript, Portfolio, Earnings, Reserve, Research & Development, Investment, Financial Services, Business Operations, Finance, Seeking Alpha, Webster Financial Corp.

• Lehman Brothers Take-over: Implications for Financials

  Benjamin Mackovak submits: I thought it would be interesting to take a look at what a Lehman LEH take-over would imply for the valuation of financials. I ran a screen for financials with market caps above $900m that trade in the US and trade below current book value. I then...

  External links 2008-08-24

  Tags: Financial, Ambac Financial Group Inc., American Capital Strategies Ltd., AmeriCredit Corp., Allied Capital Corp., Associated Banc-Corp., Bank of America Corp., Citigroup Inc., Comerica Inc., CNA Financial Corp., Colonial BancGroup Inc., Capital One Financial Corp., E*Trade Financial Corp., First American Corp., First Horizon National Corp., Fifth Third Bancorp, Fidelity National Financial Inc., Fannie Mae, Freddie Mac, Genworth Financial Inc., Huntington Bancshares Inc., J.P. Morgan Chase & Co., KeyCorp, Lehman Brothers Holdings Inc., Legg Mason Inc., MBIA Inc., Merrill Lynch & Co. Inc., National City Corp., Old Republic International Corp., Phoenix Companies Inc., Regions Financial Corp., Sovereign Bancorp Inc., SunTrust Banks Inc., Susquehanna Bancshares Inc., Wachovia Corp., Webster Financial Corp., Washington Mutual Inc., Zions Bancorporation

• Webster Financial Q2 2008 Earnings Call Transcript

  Earnings Call ExcerptWebster Financial Corporation WBS Q2 2008 Earnings Call July 22, 2008 9:00 am ET Executives James C. Smith – Chairman and Chief Executive Officer Jerry Plush – Chief Financial Officer John Ciulla – Chief Credit Risk Officer Terry Mangan - Investor Relations Analysts James Abbott –...

  Earnings calls 2008-07-22

  Tags: Webster Financial Corp.

• Webster Financial Corporation Q1 2008 Earnings Call Transcript

  Question-and-Answer SessionOperator Thank you. Operator Instructions. Our first question comes from Ken Zerbe with Morgan Stanley. Please state your question. Ken Zerbe Thanks. If I understood correctly, your provision expense of 15.8 matched your charge-offs with the continuing portfolio. Can you just talk about how you came to the...

  Earnings calls 2008-04-22

  Tags: Webster Financial Corp.

• Webster Financial Corporation Q4 2007 Earnings Call Transcript

  Question-and-Answer SessionOperator Operator Instructions Our first question is from Andrea Jao from Lehman Brothers. Please proceed with your question. Andrea Jao Hello. James C. Smith Andrea. Andrea Jao Yes. James C. Smith Good morning. Andrea Jao Good morning. The goal of decreasing your...

  Earnings calls 2008-01-24

  Tags: Webster Financial Corp.

• Webster Financial Corporation Q3 2007 Earnings Call Transcript

  Question-and-Answer SessionOperator Thank you. [Operator instructions]. Okay, our first question comes from the line of Mark Fitzgibbon with Sandler O'Neill. Please proceed with your question. Mark Fitzgibbon - Sandler O'Neill & Partners Hi, good morning. Gentlemen, you guys have had a... some pretty bad luck with...

  Earnings calls 2007-10-24

  Tags: Webster Financial Corp.

Additional Resources

• Webster Receives Funds Under Treasury Department's Capital Purchase Program

  $400 million in new capital enhances already strong capital base, expands credit for region's consumers, businesses --Webster issues 400,000 shares of preferred stock representing $400 million in new capital --Treasury Department receives warrants to purchase 3.3 million shares of Webster common stock WATERBURY, Conn.,...

  Articles 2008-11-21

• Webster Suspends Home Foreclosures

  Will Work to Structure New Affordable Payment Plans, Reach Out to At-Risk Customers WATERBURY, Conn., Nov. 13 /PRNewswire-FirstCall/ -- Webster Bank, N.A., a subsidiary of Webster Financial Corporation , announced today a 90-day moratorium on home foreclosures for Webster owned mortgages and the expansion of mortgage assistance...

  Articles 2008-11-13

• Webster to Participate in Treasury Department's Capital Purchase Program

  $400 million in new capital will enhance already strong capital base, expand credit for region's consumers, businesses WATERBURY, Conn., Nov. 7 /PRNewswire-FirstCall/ -- Webster Financial Corporation , the holding company for Webster Bank, N.A., today announced it has received preliminary approval for $400 million in new capital...

  Articles 2008-11-07

• Webster CEO to Make Presentation at Investor Conference

  WATERBURY, Conn., Nov. 6 /PRNewswire-FirstCall/ -- Webster Financial Corporation announced today that its Chairman and Chief Executive Officer, James C. Smith, will make a presentation at the Sandler O'Neill & Partners, L.P. 2008 East Coast Financial Services Conference on Thursday, Nov. 13, 2008 from 8:55 a.m. to 9:30...

  Articles 2008-11-06

• Webster Lowers Prime Lending Rate To 4.00 Percent

  WATERBURY, Conn., Oct. 30 /PRNewswire-FirstCall/ -- Webster Bank, National Association, a subsidiary of Webster Financial Corporation , announced that it has lowered its prime lending rate to 4.00 percent from 4.50 percent effective today. Webster last changed its prime rate on Oct. 8, 2008. Webster Financial...

  Articles 2008-10-30

• Webster Declares Convertible Preferred Stock Dividend

  WATERBURY, Conn., Oct. 21 /PRNewswire-FirstCall/ -- Webster Financial Corporation , the holding company for Webster Bank, N.A., announced that its Board of Directors declared today a regular quarterly cash dividend of $21.25 per share on its 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock. The dividend for...

  Articles 2008-10-21

• Webster Lowers Prime Lending Rate to 4.50 Percent

  WATERBURY, Conn., Oct. 8 /PRNewswire-FirstCall/ -- Webster Bank, National Association, a subsidiary of Webster Financial Corporation , announced today that it has lowered its prime lending rate to 4.50 percent from 5.00 percent effective today. Webster last changed its prime rate on April 30, 2008. Webster...

  Articles 2008-10-08

• Webster Appoints Nitin J. Mhatre EVP, Consumer Lending

  WATERBURY, Conn., Oct. 6 /PRNewswire-FirstCall/ -- Webster Bank, N.A., a subsidiary of Webster Financial Corporation , announced today the appointment of Nitin J. Mhatre as executive vice president, consumer lending. In his new position, Mhatre will oversee home equity business and secured and unsecured consumer lending activity and new...

  Articles 2008-10-06

• Webster Financial Corporation Announces 2008 Third Quarter Earnings Conference Call

  WATERBURY, Conn., Oct. 1 /PRNewswire-FirstCall/ -- Webster Financial Corporation , the holding company for Webster Bank, N.A., announced today the following details for its 2008 third quarter earnings release and conference call: Earnings Release: Tuesday, October 21, 2008, at approximately 8:00 a.m. EDT ...

  Articles 2008-10-01

• Service Bancorp Appoints Edward A. Hjerpe, III to Serve as Interim Chief Executive Officer

  MEDWAY, Mass., Sept. 25 /PRNewswire-FirstCall/ -- Service Bancorp, Inc. (BULLETIN BOARD: SERC) , the bank holding company for Strata Bank, announced today the appointment of Edward A. Hjerpe, III as the Interim Chief Executive Officer of Strata Bank, Service Bancorp, Inc. and Service Bancorp MHC. From...

  Articles 2008-09-25

• Webster to Make Presentation at Investor Conference

  WATERBURY, Conn., Sept. 2 /PRNewswire-FirstCall/ -- Webster Financial Corporation announced today that its Chairman and Chief Executive Officer James C. Smith and its Senior Executive Vice President and Chief Financial Officer Jerry Plush will make a presentation at the Lehman Brothers Global Financial Services Conference on Tuesday, Sept....

  Articles 2008-09-02

• Walter F. Greenfield Appointed President and COO of Center Capital

  WATERBURY, Conn., Sept. 2 /PRNewswire-FirstCall/ -- Webster Bank, N.A., a subsidiary of Webster Financial Corporation , announced today the appointment of Walter F. Greenfield as president and chief operating officer of Center Capital Corporation, Webster Bank's equipment financing subsidiary headquartered in Farmington, Conn. The appointment is effective Oct....

  Articles 2008-09-02

• PMA Capital Completes Acquisition of Webster Risk Services and Announces Second Quarter 2008 Earnings Release Date

  -- Acquisition continues PMA Capital's growth strategy in its Fee-based Business -- -- Transaction expands PMA Capital's geographic footprint in New England -- -- Webster Risk Services to be renamed PMA Management Corp. of New England, Inc. -- BLUE BELL, Pa. -- PMA Capital...

  Articles 2008-06-30