SEC Form 10-Q filed by Webster Financial Corporation

Webster Financial Corporation ("the Company") (NYSE:WBS), the holding company for Webster Bank, N.A., announced today that its Board of Directors increased the Company's authority to repurchase shares of its common stock by $700,000,000 under its existing share repurchase program. The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. Repurchases will be made at management's discretion at prices management considers to be attractive and in the best interests of both the Company and its stockholders, su

Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A., announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable May 22, 2025, to shareholders of record as of May 12, 2025. On its Series F Preferred Stock, Webster declared a quarterly cash dividend of $328.125 per share ($0.328125 per each depositary share, 1,000 of which represent one share of Series F Preferred Stock), payable June 16, 2025, to shareholders of record on June 1, 2025. On its Series G Preferred Stock, Webster declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositar

Webster Financial Corporation ("Webster") (NYSE:WBS), the holding company for Webster Bank, N.A., today announced net income applicable to common stockholders of $220.4 million, or $1.30 per diluted share, for the quarter ended March 31, 2025, compared to $210.1 million, or $1.23 per diluted share, for the quarter ended March 31, 2024. "Webster has again proven its capacity to consistently execute through a variety of operating environments," said John R. Ciulla, chairman and chief executive officer. "Growth in loans and deposits was generated by a breadth of businesses, as we continue to generate strong returns for our stockholders." Highlights for the first quarter of 2025: Revenue of

Neal Holland to assume CFO role following Glenn MacInnes' retirement Former OCC Deputy Comptroller Bill Haas joins Board of Directors Webster Financial Corporation (NYSE:WBS) ("Webster" or "the Company"), the holding company, for Webster Bank, N.A., (the "Bank") announced its Board of Directors approved both the appointment of William (Neal) Holland, as Executive Vice President, Finance of both the Company and the Bank, and the election of William (Bill) Haas, as a new non-management member of the Board of Directors of the Company and the Bank. In addition, the Board of Directors also appointed Holland as the Chief Financial Officer (CFO) for the Company and the Bank to be effective f

Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that Kristy Berner has been appointed Executive Vice President, General Counsel and Corporate Secretary of Webster Financial Corporation and Webster Bank. She will lead all of Webster's corporate legal services. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230919111813/en/Kristy Berner, Executive Vice President, General Counsel and Corporate Secretary, Webster Bank and Webster Financial Corporation (Photo: Business Wire) Berner has more than twenty years' experience in the financial services industry,

Bea Ordonez to be Successor for Michael Levine Payoneer Global Inc. ("Payoneer" or the "Company") (NASDAQ:PAYO), the financial technology company empowering the world's small businesses to transact, do business and grow globally, today announced the appointment of Bea Ordonez as the Company's Deputy Chief Financial Officer, effective January 16, 2023. Michael Levine, Payoneer's current CFO, will step down from his position in March 2023 at which time it is our expectation that the Board of Directors of the Company will appoint Ordonez as CFO, and she would report to Co-CEO John Caplan. "On behalf of John and everyone at Payoneer, I would like to express my sincere gratitude to Michael for

Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A., announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable May 22, 2025, to shareholders of record as of May 12, 2025. On its Series F Preferred Stock, Webster declared a quarterly cash dividend of $328.125 per share ($0.328125 per each depositary share, 1,000 of which represent one share of Series F Preferred Stock), payable June 16, 2025, to shareholders of record on June 1, 2025. On its Series G Preferred Stock, Webster declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositar

Webster Financial Corporation ("Webster") (NYSE:WBS), the holding company for Webster Bank, N.A., today announced net income applicable to common stockholders of $220.4 million, or $1.30 per diluted share, for the quarter ended March 31, 2025, compared to $210.1 million, or $1.23 per diluted share, for the quarter ended March 31, 2024. "Webster has again proven its capacity to consistently execute through a variety of operating environments," said John R. Ciulla, chairman and chief executive officer. "Growth in loans and deposits was generated by a breadth of businesses, as we continue to generate strong returns for our stockholders." Highlights for the first quarter of 2025: Revenue of

Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A., today announced the following details for its first quarter 2025 earnings release and conference call: Earnings Release: Thursday, April 24, 2025, at approximately 7:30 a.m. (Eastern)   Conference Call: Thursday, April 24, 2025, at 9:00 a.m. (Eastern)   Dial-in number: Toll Free: 888-330-2446; or International Callers:1-240-789-2732 Passcode: 8607257   Webcast: Via Webster's Investor Relations website at investors.websterbank.com   Webcast replay: Will be available shortly after the call's completion, also at investors.websterbank.com

4 - WEBSTER FINANCIAL CORP (0000801337) (Issuer)

4 - WEBSTER FINANCIAL CORP (0000801337) (Issuer)

4 - WEBSTER FINANCIAL CORP (0000801337) (Issuer)

SC 13G/A - WEBSTER FINANCIAL CORP (0000801337) (Subject)

SC 13G/A - WEBSTER FINANCIAL CORP (0000801337) (Subject)

SC 13G/A - WEBSTER FINANCIAL CORP (0000801337) (Subject)

Wells Fargo upgraded Webster Financial from Equal Weight to Overweight and set a new price target of $75.00 from $70.00 previously

UBS resumed coverage of Webster Financial with a rating of Buy

Morgan Stanley downgraded Webster Financial from Overweight to Equal-Weight and set a new price target of $57.00 from $54.00 previously