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Webster Financial Corporation Waterbury - WBS STOCK NEWS

Welcome to our dedicated page for Webster Financial Corporation Waterbury news (Ticker: WBS), a resource for investors and traders seeking the latest updates and insights on Webster Financial Corporation Waterbury stock.

Webster Financial Corporation, headquartered in Waterbury, Connecticut and traded under the symbol WBS, is a comprehensive financial services provider. Established in 1935, Webster Bank, N.A., a principal subsidiary, offers a wide range of banking solutions, including commercial and consumer banking, mortgages, investment advisory, trust, and wealth management services. This institution caters to individuals, families, and businesses across Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania.

Webster operates through three key segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment is the largest revenue generator, offering tailored financial solutions to businesses of all sizes. The HSA Bank segment offers health savings accounts to individuals and businesses, while the Consumer Banking segment provides a broad spectrum of financial products to everyday consumers, including personal loans, credit cards, and deposit products.

The company prides itself on living up to its promise of understanding and addressing what matters most to its customers and communities. Webster Financial Corporation emphasizes values such as responsibility, respect, ethical behavior, citizenship, and teamwork, collectively known as the Webster Way. These guiding principles ensure that the company consistently puts people first, helping them achieve their financial goals and build fulfilling lives.

In recent years, Webster has achieved notable milestones, including strategic partnerships and technological advancements that enhance customer experience. The company's robust financial condition is reflected in its continual growth and the trust it has built within the community.

For the latest updates and relevant information about Webster Financial Corporation's performance and developments, visit our news section regularly.

News

Webster Recognized as a Corporate Citizen of the Year by Long Island Business News

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Webster Bank recognized as Corporate Citizen of the Year by Long Island Business News
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Webster Bank Corporate Responsibility Report: Ethics and Risk Management

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Webster Bank emphasizes high standards of ethics and transparency with comprehensive corporate governance policies. They introduced a new Code of Business Conduct and Ethics in 2022. Risk Committee held 7 meetings in 2022. Webster takes a comprehensive approach to risk management with a focus on climate-related risks. Compliance training is a critical priority for safety and soundness practices.
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Webster Appoints Kristy Berner as Executive Vice President, General Counsel and Corporate Secretary

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Kristy Berner appointed as EVP, General Counsel and Corporate Secretary of Webster Financial Corporation and Webster Bank.
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Webster Bank Celebrates Its 2023 Intern Class

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Webster Bank celebrates its 2023 Intern Class
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Webster Ranked Nationally by Bank Director as a Best Publicly Traded Bank with $50B-plus assets

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Webster Bank ranked in top 10 in Bank Director’s RankingBanking Survey for banks with $50B+ in assets. Only New England-based bank at that level.
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Webster Bank Corporate Responsibility Report: Responsible Governance

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Webster Bank emphasizes comprehensive governance structures and ethical business conduct in its Corporate Responsibility Report.
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Giordano Joins Webster Bank As Head of Philanthropy

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Webster Bank appoints Kelly Giordano as Managing Director of Philanthropy.
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Webster Bank Corporate Responsibility Report: Environmental Sustainability

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Webster Bank continues to advance plans to create efficiencies and reduce emissions. They have increased their use of renewable energy and purchased renewable energy certificates (RECs) to offset their energy consumption. In 2022, they purchased RECs to match 100% of their annual usage, taking meaningful climate action. Webster Bank has also implemented initiatives to reduce their environmental impact and promote environmentally friendly practices. They have financed commercial loans for renewable energy and environmental remediation projects, totaling approximately $661 million in 2022. The bank is actively developing a risk management framework to address climate-related risks.
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Junior Achievement, United Way Recognize Webster Bank for its Philanthropic Support in Region

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Webster Bank (WBS) Receives Three Awards from United Way and Junior Achievement for Philanthropic Support in Westchester-Putnam Counties, Connecticut, and Rhode Island. The awards recognize Webster's $20 million raised over two decades, leadership positions in United Way, and support for Junior Achievement's financial empowerment programs.
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Webster Raises Prime Lending Rate to 8.50 Percent

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Webster Financial Corporation (NYSE: WBS) Raises Prime Lending Rate to 8.50 Percent
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FAQ

What is the current stock price of Webster Financial Corporation Waterbury (WBS)?

The current stock price of Webster Financial Corporation Waterbury (WBS) is $51.8 as of October 31, 2024.

What is the market cap of Webster Financial Corporation Waterbury (WBS)?

The market cap of Webster Financial Corporation Waterbury (WBS) is approximately 9.0B.

What services does Webster Financial Corporation offer?

Webster Financial Corporation provides commercial and consumer banking, mortgages, investment advisory, trust, and wealth management services.

Where is Webster Financial Corporation headquartered?

Webster Financial Corporation is headquartered in Waterbury, Connecticut.

What are the main business segments of Webster Financial Corporation?

The main business segments are Commercial Banking, HSA Bank, and Consumer Banking.

What is the Webster Way?

The Webster Way refers to the company's core values of responsibility, respect, ethical behavior, citizenship, and teamwork.

Which segment generates the most revenue for Webster Financial Corporation?

The Commercial Banking segment generates the most revenue for Webster Financial Corporation.

How does Webster Financial Corporation support its customers?

Webster supports its customers by understanding their needs and providing solutions that help them achieve their financial goals.

In which states does Webster Financial Corporation operate?

Webster operates in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania.

Is Webster Financial Corporation a member of the FDIC?

Yes, Webster Financial Corporation is a member of the FDIC.

What recent achievements has Webster Financial Corporation made?

Webster has made strategic partnerships and technological advancements to enhance customer experience.

How can I stay updated on Webster Financial Corporation's news?

You can stay updated by visiting the news section on Webster Financial Corporation's official website.

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Webster Financial Corporation Waterbury

NYSE:WBS

WBS Rankings

#899 Ranked by Market Cap
#1049 Ranked by Dividends

WBS Stock Data

9.01B
171.43M
0.91%
89.66%
1.81%
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