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Webster Financial Corp

 
Hoover's Profile: Webster Financial Corporation
(NYSE:WBS)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Webster Financial Corporation
Webster Plaza, 145 Bank St.
Waterbury, CT 06702
CT Tel. 203-753-2921
Toll Free 800-325-2424
Fax 203-573-8688

Type: Public
On the web: http://www.websterbank.com
Employees: 2,935
Employee growth: (12.5%)

Webster Financial is the holding company for Webster Bank, which operates about 180 branches in southern New England, primarily in Connecticut, but also in Massachusetts, New York, and Rhode Island. In addition to providing traditional deposit products, the bank and its subsidiaries offer consumer, commercial, real estate, and government lending; insurance premium financing; investment and brokerage services; and financial planning. It provides health savings accounts (through its HSA Bank division), asset-based lending, and equipment financing nationwide. Webster Bank was founded 1935.

Key numbers for fiscal year ending December, 2008:
Sales: $477.7M
One year growth: (32.8%)
Net income: ($321.8)M

Officers:
Chairman, President, and CEO, Webster Financial and Webster Bank: James C. Smith
SEVP, CFO, and, Chief Risk Officer, Webster Financial and Webster Bank: Gerald P. (Jerry) Plush
EVP, Information Technology, Webster Bank; SVP, Webster Financial: Zeynep Fredrick

Competitors:
Citizens Financial Group
People's United Financial
TD Bank USA

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