BNET Industries
Market Cap:$915.9M
Last Fiscal Year Sales:$1.0B
- Public
- US
Dow Jones Description
Webster Business Credit will be the provider of choice for asset based financing and value added financial services to middle market companies. We are committed to build partnerships with our borrowers and to provide a superior level of customer service.
Number of Employees 2,782
Contact Information
Webster Plz WFD730
Waterbury, Connecticut 06702
(203) 465-4364
Peer Companies
NAICS Code Savings Institutions: 522120
Recent Events
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FDIC eases commercial mortgage standards
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Barclays Upgrades Webster Financial WBS to Overweight
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Webster 3Q loss up from 2008
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Webster Declares Common, Preferred Dividends
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FTN Equity Cap Markets Corp. reiterates Webster Financial at 'neutral'
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BRIEF: Warburg Pincus Completes Investment In Webster
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Warburg Pincus Completes $115 Mln Equity Investment In Webster Financial - Quick Facts
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BRIEF-Morgan Stanley upgrades Associated Banc Corp, TCF Financial
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FBR Capital Markets and Co. reiterates Webster Financial at 'market perform'
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RBC Capital Markets Corp raises Webster Financial to 'outperform'
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Webster Financial chief accounting officer to retire
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New York firm to invest $115 million in Webster Financial of Waterbury, Conn.
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Exchange of stock helps Webster
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STOCKS NEWS US-Volatility Indexes dip, lowest levels since Sept
News & Analysis
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webster financial corp. - All News and Analysis
Webster Financial Corporation Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. We will now be conducting a question and answer session. Operator Instructions Our first question is from the line of Mark Fitzgibbon, Sandler O’Neill. Please go ahead with your question. Mark Fitzgibbon – Sandler O’Neill & Partners, LP What’s really driving that is the rate...
Webster Financial: Following the Smart Money
Tom Armistead submits: Webster Financial Corp. WBS is a regional bank, interesting as a value play where the investor has the benefit of the involvement of smart money - in this case, Warburg Pincus. As a strategy, following the smart money into financials worked horribly during the meltdown,...
Webster Financial Corporation. Q2 2009 Earnings Call Transcript
Webster Financial Corporation, Inc. WBS Q2 2009 Earnings Call July 17, 2009 9:00 am ET
Webster Financial Corporation. Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Mark Fitzgibbon – Sandler O’Neill & Partners, LP. Mark Fitzgibbon – Sandler O’Neill & Partners, LP Jim, you had mentioned earlier in the call that you intend to file a plan with the Treasury Department to repay...
Webster Financial Corp., Q1 2009 Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Ladies and gentlemen, we will now be conducting a question-and-answer session. Operator instructions. Our first question is coming from Ken Zerbe with Morgan Stanley. Please state your question. Ken Zerbe - Morgan Stanley Thanks, good morning. James Smith Good morning,...
Webster Financial Corporation Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Ladies and gentlemen, we will now be conducting a question-and-answer session. Operator instructions Our first question is coming from Ken Zerbe with Morgan Stanley. Please state your question. Ken Zerbe – Morgan Stanley Good morning. James Smith Good morning. Ken Zerbe – Morgan Stanley I...
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,...
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...
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...
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 –...
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Glass Door
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