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WBS Webster Financial Corp.
Webster Financial Corporation operates as the holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses primarily in southern New England and Westchester County, New York. The company operates through four segments: Commercial Banking, Retail Banking, Consumer Finance, and Other. The Commercial Banking segment provides deposit and cash management services to middle market companies; and asset-based lending, commercial real estate, and equipment finance, as well as treasury and payment services, which include government and institutional banking. The Retail Banking segment offers consumer deposits; credit and deposit-related products targeted to small businesses and professional service firms; Internet and mobile banking services; and investment and securities-related services, such as brokerage and investment advice through a strategic partnership with LPL Financial. This segment also provides a range of insurance and investment products, including stocks and bonds, mutual funds, annuities, and managed accounts, as well as brokerage and online investing services. The Consumer Finance segment offers residential mortgages, home equity loans and lines of credit, and unsecured personal loans, as well as credit card options. The Other segment operates as a bank custodian of health savings accounts; and provides private banking services, such as asset management, trust, loan and deposit products, and financial planning services to high net worth clients, not-for-profit organizations, and business clients. As of February 21, 2014, the company operated through 168 banking offices and 310 ATMs. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.
Webster Financial Corporation Declares Common Dividend28 Jul 2014, 2:36 pmWATERBURY, Conn., July 28, 2014 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that its Board of Directors declared its quarterly cash dividend of $.20 on its common stock. The dividend on the common shares will be...
Google searches hold key to future market crashes28 Jul 2014, 7:00 am( University of Warwick ) A team of researchers from Warwick Business School and Boston University have developed a method to automatically identify topics that people search for on Google before subsequent stock market falls.
Why Webster Financial (WBS) Stock Fell Today17 Jul 2014, 2:59 pmNEW YORK (TheStreet) -- Webster Financial shares were down -4.26% to $29.43 on Thursday following the release of the company's second quarter earnings results.The company reported an EPS of 50 cents per diluted share, missing analysts estimates by 1 cent.Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially ...
Webster Reports 2014 Second Quarter Earnings17 Jul 2014, 5:30 amWATERBURY, Conn., July 17, 2014 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common shareholders of $45.2 ...