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Webster Financial Corp. operates as a holding company for Webster Bank NA. It engages in providing financial services to individuals, families and businesses. Read More It offers equipment financing, commercial real estate lending and asset-based lending services. It operates through the following business segments: Commercial Banking, HSA Bank and Community Banking, The Commercial Banking segment includes middle market, asset-based lending, commercial real estate, equipment finance and treasury and payment solutions, which includes government and institutional banking. The HSA Bank segment offers health savings accounts, health reimbursement accounts, flexible spending accounts, and other financial solutions for healthcare. The Community Banking segment serves consumer and business banking customers primarily throughout southern New England and into Westchester County, New York. It is comprised of personal banking and business banking supported by a distribution network consisting of banking centers and ATMs, a customer care center, telephone banking and a full range of web and mobile-based banking services. The company was founded in 1986 and is headquartered in Waterbury, CT.
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Webster Financial prices $300M of senior notes offering
Webster Financial Corporation (NYSE:WBS) has priced public offering of $300M of senior notes maturing March 25, 2029. The notes have an interest rate of 4.100% and were priced to yield 4.141%. Net proceeds to be used for general corporate purposes....
Valuation Today: Webster Financial Corporation (NYSE: WBS)
Webster Financial Corporation is part of the financial services sector and banking industry. The company CEO is John R. Ciulla. Webster Financial Corp is a bank and financial holding company. It delivers financial services to individuals, families and businesses throughout southern New England and eastern New York State. Previous Intraday Trading Performance: The WBS stock showed a previous change of -4.15% with an open at 54.74 and a close of 52.69. It reached an intraday high of 55.14 and a low of 52.54...
Webster Financial Corporation Announces Pricing of Senior Notes Offering
WATERBURY, Conn., March 20, 2019 /PRNewswire/ -- Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that it priced its underwritten public offering of $300 million aggregate principal amount of senior notes maturing March 25, 2029. The notes have an interest rate of 4.100% and were priced to yield 4.141%. Webster expects to apply the net proceeds of the notes for general corporate purposes. J.P. Morgan Securities LLC,...
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