Webster Financial Corp.

Webster Financial Corp.

Webster Financial Corp.

Overview
Date Founded

1986

Headquarters

Webster Plaza,145 Bank Street,Waterbury, CT 06702-2211

Type of Company

Public

Employees (Worldwide)

2,946

Industries

Retail & Commercial Banking
Holding Companies

Company Description

Webster Financial Corp., is holding company, which engages in the provision of financial services to individuals, families, and businesses. It operates through the following business segments: Commercial Banking, HSA Bank, and Community Banking. The Commercial Banking segment includes commercial banking and private banking. The HSA Bank segment offers comprehensive consumer directed healthcare solutions. The Community Banking segment comprises personal and business banking. The company was founded in 1986 and is headquartered in Waterbury, CT.

Contact Data
Trying to get in touch with decision makers at Webster Financial Corp.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chairman, President & Chief Executive Officer

President

Chief Financial Officer, Executive Vice President

Executive Vice President, General Counsel & Secretary

Chief Marketing Officer & Executive Vice President

Executive Vice President & Chief Risk Officer

Chief Information Officer & Executive Vice President

Senior Vice President & Chief Accounting Officer of the Company & Bank

Chief Human Resources Officer & Executive Vice President

Executive Vice President & Head of Commercial Banking of Webster & Webster Bank

Board of Directors

Chairman, President & Chief Executive Officer at Webster Financial Corp.

Co-Founder, Managing Partner at Fairview Capital Partners, Inc.

Executive-in-Residence at Northeastern University - D'Amore-McKim School of Business

Former Chief Financial Officer & Executive Vice President at CIT Group, Inc.

Chief Executive Officer at Chemtura USA Corporation

President at Blackthorne LLC

Former President at CIGNA International Corp. (Pennsylvania)

Vice Chairman at Marsh USA, Inc. - Illinois

Former Director at PricewaterhouseCoopers LLP

Member, Board of Directors at Webster Financial Corp.

Paths to Webster Financial Corp.
Potential Connections via
Relationship Science
You
Webster Financial Corp.
Owners & Shareholders
Details Hidden

Wasatch selects investments for clients based solely on investment considerations, including whether the investments are suitable for the client and consistent with the client’s investment objectives and guidelines. The firm generally uses a process of “bottom-up” fundamental analysis to look for individual companies that they believe are stable and have the potential to grow steadily for long periods of time. Their analysis may include studying a company’s financial statements, building proprietary financial models, visiting company facilities, and meeting with executive management, suppliers and customers.

Details Hidden

Nitorum Capital, on behalf of the funds, seeks to generate superior absolute and risk-adjusted returns over a long period of time while minimizing the risk of capital loss. The firm attempts to achieve the funds’ objective by employing a classic bottom-up, fundamental research driven process primarily with respect to long and short investments in publicly traded equity securities.Nitorum Capital seeks to identify equity securities that are misunderstood (positively or negatively), and therefore, mispriced. The firm employs a classic bottom-up, fundamental research driven process including a deep financial analysis married with targeted field research to evaluate the attractiveness of the risk/reward of any potential long or short investment. They also consider the perception of the equity security, the market sentiment, and macroeconomic factors, among other things. The firm is opportunistic with a value bias and invests globally across a variety of sectors.On the long side, Nitorum Capital seeks high quality companies at a reasonable price with a value bias. On the short side, they seek companies where the expected profitability or growth of thebusiness is unsustainable and misunderstood.

Details Hidden

PCM employs an active, unconstrained (all countries, industries and market caps), value-oriented investment strategy. The firm utilizes a proprietary five factor global valuation model that produces a ranking of countries from the most undervalued to the most overvalued since country and industry factors have influences on security prices. The investment team conducts detailed fundamental research on the companies identified by the valuation screens. Their research process is almost entirely driven by a world-wide search for undervalued common stocks of well-run companies with sustainable business models that are priced to provide their required rate of return. Most investments are held for three to five years resulting in low portfolio turnover. In the portfolio construction process, PCM seeks to include a broad range of market-caps in the portfolio but does not attempt to override the results of the bottom-up investment process.

Recent Transactions
Details Hidden

Webster Financial Corp. purchases Sterling Bancorp (Montebello, New York)

Details Hidden

Webster Financial Corp. purchases JPMorgan Chase Bank, NA /Health Savings Account Business from JPMorgan Chase & Co.

Details Hidden

Webster Financial Corp. issued USD Common Stock

Transaction Advisors
Accountant

Advised onWebster Financial Corp. purchases Firstfed America Bancorp, Inc.

Accountant

Advised onWebster Financial Corp. purchases Eagle Financial Corp. (Connecticut)

Legal Advisor

Advised onWebster Financial Corp. purchases NewMil Bancorp, Inc.

Chief Legal Officer & Partner

Advised onWebster Financial Corp. issued USD Common Stock

Associate

Advised onWebster Financial Corp. issued USD Common Stock

Managing Director

Advised onWebster Financial Corp. issued USD Common Stock

Advisors & Consultants
Advisor

Former Chairman at The Palace Theater

Advisor

Co-Founder at Harvest Earnings Group LLC

Advisor

Co-Founder at Harvest Earnings Group LLC

Key Stats and Financials As of 2020
Market Capitalization
$5.1B
Total Enterprise Value
$5.61B
Earnings Per Share
$2.35
Revenue
$1.28B
TEVNet Income
25.56x
Debt TEV
0.33x
Net Profit
$219M
Total Debt
$1.85B
Total Equity
$3.23B
Enterprise Value / Sales
4.39x
Three Year Compounded Annual Growth Rate Of Revenue
2.96%
Investments
Details Hidden

Duff & Phelps LLC provides financial advising and investment banking services. It's consulting and investment banking services include financial reporting and tax valuation, fixed asset and real estate consulting, M&A advisory, fairness and solvency opinions, ESOP and ERISA advisory services, legal business solutions and dispute consulting. The company was founded in 1932 and is headquartered in Chicago, IL.

Details Hidden

Payrailz LLC operates as a digital payments company offering bill payment and money transfer solutions to banks and credit unions. Its technology, including AI, security, cloud-based software and chat bot, offers engaging payment solutions to the customers. The company is headquartered in Glastonbury, CT.

Details Hidden

Achillion Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company, which engages in the development of oral small molecule complement system inhibitors. Its pipeline includes Danicopan and ACH-5228. The company was founded on August 17, 1998 and is headquartered in Blue Bell, PA.

Suppliers
LPL Financial Holdings, Inc. Investment Banking & Brokerage | San Diego, CA

LPL Financial Holdings, Inc. operates as an investment holding company with interests in technology, brokerage and investment advisory services. It provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions. The company operates its business through its subsidiaries under three business segments: Independent Advisor Services, Institution Services and Custom Clearing Services. LPL Financial Holdings is headquartered in Boston, MA.

Black Knight Financial Services, Inc. IT Consulting & Services | Jacksonville, FL

Black Knight Financial Services, Inc. engages in the provision of integrated technology, workflow automation, and data and analytics to the mortgage industry. The company was founded in 2014 and is headquartered in Jacksonville, FL.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Webster Financial Corp.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Webster Financial Corp.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Webster Financial Corp..