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

Revenue
Dec 31 2007
$1.1B
Profit
Dec 31 2007
$96.7M
Market Cap
Nov 28 2008
$790.8M

Latest News and Analysis

  • 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

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  • Incorporated: 1986
  • CEO: Mr. James C. Smith
  • Employees: 3,213

Webster Financial, through its Webster Bank subsidiary and various non-banking financial services subsidiaries, delivers financial services to individuals, families and businesses throughout southern New England and eastern New York State. Co. also offers equipment financing, commercial real estate lending, asset-based lending, and insurance premium financing on a regional or national basis. Also, through Webster Bank, Co. provides commercial banking, retail banking, consumer financing, mortgage banking, trust and investment services through 181 banking offices, 343 automatic teller machines and its internet website As of Dec 31 2007, Co. had total assets of $17.20 billion.

Key Competitors

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Webster Financial Corp. Company Info

Board of Directors

Mr. James C. Smith

Chairman

Mr. John J. Crawford

Lead Director

Mr. William T. Bromage

Mr. Joel S. Becker

Mr. Robert A. Finkenzeller

Mr. Roger A. Gelfenbien

Mr. C. Michael Jacobi CPA

Mr. Laurence C. Morse

Ms. Karen R. Osar

Contact Information

Webster Plaza

Waterbury, CT

http://www.websteronline.com

203 578 2476

NAICS Code

Savings Institutions: 522120
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