Welcome to our dedicated page for Webster Financial news (Ticker: WBS), a resource for investors and traders seeking the latest updates and insights on Webster Financial stock.
Webster Financial Corporation reports news as the holding company for Webster Bank, N.A., a commercial bank serving businesses, individuals, and families through Commercial Banking, Healthcare Financial Services, and Consumer Banking. Recurring updates cover operating results, expense and tax items, balance sheet activity, and segment-level banking trends across its Northeast core footprint and selected extended geographies.
Company announcements also include common-stock dividends and preferred-stock depositary share dividends for Webster's Series F and Series G preferred stock. Other recurring news categories include governance matters, capital-structure disclosures, material agreements, and shareholder voting matters tied to the bank holding company's public securities.
Ametros, a leader in medical insurance claims settlements administration, has announced two key leadership appointments to enhance its member services. Hollie Lamboy joins as Vice President of Member Experience, bringing over 20 years of pharmacy benefits and workers' compensation expertise. Lena Lini takes the role of Vice President of Member Operations, with more than two decades of managed care experience.
Both positions are newly created roles aimed at strengthening Ametros' member-focused strategy. The appointments were announced by Andrea Mills, Executive Managing Director of Webster Bank (NYSE: WBS) and President of Ametros, highlighting the company's commitment to supporting injured individuals in their post-settlement journey.
Webster Financial Corporation (NYSE: WBS) has announced its latest dividend declarations for both common and preferred stockholders. The company will pay a quarterly cash dividend of $0.40 per common share on August 21, 2025, to shareholders of record as of August 11, 2025.
Additionally, Webster declared dividends on two classes of preferred stock: Series F Preferred Stock at $328.125 per share ($0.328125 per depositary share) payable September 15, 2025, and Series G Preferred Stock at $16.25 per share ($0.40625 per depositary share) payable October 15, 2025.
Ametros, a professional administration and post-settlement medical care coordination company, has announced two key leadership appointments. Allison Kelly joins as Chief Revenue Officer, bringing over 20 years of insurance industry experience, while Patrick Conklin takes the role of VP of Strategic Partnerships with more than a decade of workers' compensation expertise.
Kelly will lead sales, marketing, and business development functions, while Conklin will focus on developing partnerships with insurance carriers and employers to enhance professional administration programs. Both appointments align with Ametros' strategy to expand its services for injured individuals post-settlement.
Webster Financial Corporation (NYSE:WBS) reported strong Q2 2025 financial results with net income of $251.7 million, or $1.52 per diluted share, up from $175.5 million ($1.03/share) in Q2 2024. The bank achieved revenue of $715.8 million and maintained solid growth with loans reaching $53.7 billion (up 1.2% QoQ) and deposits of $66.3 billion (up 1.1% QoQ).
Key performance metrics include a return on average assets of 1.29%, return on average tangible common equity of 17.96%, and net interest margin of 3.44%. The bank's asset quality improved with net charge-offs ratio at 0.27% and an efficiency ratio of 45.40%. Webster maintained strong capital positions with a common equity tier 1 ratio of 11.33% and tangible common equity ratio of 7.46%.
Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, has scheduled its Q2 2025 earnings release for Thursday, July 17, 2025, at approximately 7:30 a.m. Eastern.
The company will host a conference call at 9:00 a.m. Eastern on the same day to discuss the results. Investors can access the call through a toll-free number (888-330-2446) or international number (1-240-789-2732) using passcode 8607257. A webcast will be available on Webster's Investor Relations website, with replay options available via both webcast and telephone for those unable to attend live.
Webster Financial Corporation (NYSE: WBS) has announced two key leadership appointments. Jason E. Schugel has been named Chief Risk Officer (CRO) and Executive Vice President, effective July 14, succeeding Daniel Bley who is retiring. Schugel joins from Ally Bank where he served as CRO, bringing over 25 years of financial, audit, and risk management experience.
Additionally, Frederick (Fred) J. Crawford has been appointed as an independent member of the Board of Directors for both Webster Financial Corporation and Webster Bank. Crawford previously served as President and Chief Operating Officer of AFLAC and held executive positions at CNO Financial Group and Lincoln Financial Group.
Amerant Bancorp (NYSE: AMTB) has announced the appointment of two new board members: Patricia "Patty" Morrison and Jack Kopnisky. Morrison brings extensive technology leadership experience as former CIO of Cardinal Health and board expertise from various Fortune 500 companies. Kopnisky contributes over 40 years of financial services experience, most recently serving as Executive Chairman of Webster Financial Corporation.
These appointments follow the addition of Lisa Lutoff-Perlo and Odilon Almeida Júnior to the board in January 2025, demonstrating Amerant's commitment to strategic growth and board strengthening as it aims to become Florida's bank of choice.
Webster Financial Corporation (NYSE:WBS) announced that its Board of Directors has authorized a significant increase of $700 million to its existing share repurchase program. The program allows for stock repurchases through open market transactions, private deals, and block trades, with implementation possible through Rule 10b5-1 trading plans.
The company will conduct repurchases at management's discretion, considering factors such as stock availability, market conditions, trading price, alternative capital uses, and financial performance. The program has no expiration date but can be modified, suspended, or terminated by the Board at any time based on various factors including market conditions and capital requirements.
Webster Financial Corporation (NYSE: WBS) has announced its latest dividend declarations for both common and preferred stockholders. The company's Board of Directors approved a quarterly cash dividend of $0.40 per share on common stock, payable May 22, 2025, to shareholders of record as of May 12, 2025.
Additionally, Webster declared dividends on two classes of preferred stock:
- Series F Preferred Stock: Quarterly cash dividend of $328.125 per share ($0.328125 per depositary share), payable June 16, 2025
- Series G Preferred Stock: Quarterly cash dividend of $16.25 per share ($0.40625 per depositary share), payable July 15, 2025