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Webster Financial

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    • Financial ServicesInvestmentbanksholding companymortgages

    Webster Financial Corporation is a bank and financial holding company. Its subsidiaries include Webster Bank, Webster Wealth Advisors, Inc., and Webster Licensing, LLC.  Webster Bank provides consumer banking services, residential mortgage originations, various commercial banking products and services, and financial planning and investment services. 

    Revenue(FY, 2017)
    $1.2 B
    Market capitalization(2018-11-14)
    $5.5 B
    Total Loans(Q2, 2017)
    $17.3 B
    TypePublic
    HQWaterbury, US
    Founded1986
    Size (employees)3,302 (est)+5%
    Websitepublic.websteronline.com
    Webster Financial was founded in 1986 and is headquartered in Waterbury, US
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    Key People/Management at Webster Financial

    John Ciulla

    John Ciulla

    President and Chief Executive Officer of Webster Financial Corporation and Webster Bank
    Glenn MacInnes

    Glenn MacInnes

    Executive Vice President and Chief Financial Officer of Webster Financial Corporation and Webster Bank
    Daniel Bley

    Daniel Bley

    Executive Vice President and Chief Risk Officer of Webster Financial Corporation and Webster Bank
    Colin Eccles

    Colin Eccles

    Executive Vice President and Chief Information Officer of Webster Financial Corporation and Webster Bank
    Bernard Garrigues

    Bernard Garrigues

    Executive Vice President and Chief Human Resources Officer of Webster Financial Corporation and Webster Bank
    John Guy

    John Guy

    Executive Vice President, Director of Business Banking of Webster Financial Corporation and Webster Bank
    Show more

    Webster Financial Office Locations

    Webster Financial has offices in Waterbury, Watertown, Branford, East Haven and in 96 other locations
    Waterbury, US (HQ)
    145 Bank St
    Ansonia, US
    200 Division St
    Attleboro, US
    27 Park St
    Avon, US
    392 W Main St
    Barrington, US
    262 County Rd
    Berlin, US
    346 Main St
    Show all (146)
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    Webster Financial Financials and Metrics

    Webster Financial Revenue

    Webster Financial's revenue was reported to be $1.17 b in FY, 2017
    USD

    Revenue (Q2, 2018)

    		328.9m

    Gross profit (Q2, 2018)

    		293.4m

    Gross profit margin (Q2, 2018), %

    		89.2%

    Net income (Q2, 2018)

    		81.7m

    EBIT (Q2, 2018)

    		225.0m

    Market capitalization (14-Nov-2018)

    		5.5b

    Closing stock price (14-Nov-2018)

    		59.2

    Cash (30-Jun-2018)

    		228.6m

    EV

    		5.5b
    Webster Financial's current market capitalization is $5.5 b.
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		718.9m999.6m1.1b1.2b

    Revenue growth, %

    		39%9%

    Cost of goods sold

    		95.4m103.4m117.3m

    Gross profit

    		904.2m983.0m1.1b
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018

    Revenue

    		218.0m227.6m225.1m230.8m240.8m246.8m253.5m266.4m267.5m272.1m282.7m291.3m296.9m328.9m

    Cost of goods sold

    		21.8m22.5m22.4m22.5m23.1m23.5m24.0m26.2m25.5m25.5m27.0m29.0m30.1m35.5m

    Gross profit

    		196.2m205.1m202.7m208.3m217.7m223.4m229.5m240.2m242.0m246.6m255.7m262.3m266.8m293.4m

    Gross profit Margin, %

    		90%90%90%90%90%90%91%90%90%91%90%90%90%89%
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		223.6m261.5m251.3m190.7m

    Accounts Receivable

    		790.0k

    Inventories

    		19.8m

    PP&E

    		121.6m121.9m129.4m137.4m130.0m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018

    Cash

    		266.7m251.9m287.9m207.1m234.0m205.7m251.9m198.2m225.0m200.0m184.0m231.8m215.2m228.6m

    PP&E

    		121.3m121.5m119.8m118.6m123.5m123.8m127.2m134.2m134.5m137.1m134.6m131.8m130.4m128.0m

    Goodwill

    		529.9m529.9m529.9m529.9m538.4m538.4m538.4m538.4m538.4m538.4m538.4m538.4m538.4m538.4m

    Total Assets

    		20.6b21.2b21.5b21.8b23.1b23.6b24.1b24.9b25.1b25.6b26.0b26.2b26.4b27.0b
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		179.5m199.8m206.3m207.1m255.4m

    Depreciation and Amortization

    		97.4m30.6m34.7m36.4m37.2m

    Inventories

    		1.4m

    Accounts Payable

    		126.0m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018

    Net Income

    		47.3m50.4m47.9m50.5m49.7m102.2m153.8m48.6m50.6m59.5m121.1m185.5m161.9m

    Depreciation and Amortization

    		16.9m26.0m9.6m19.0m28.1m19.2m

    Cash From Operating Activities

    		93.5m211.9m144.1m182.0m300.3m256.5m

    Cash From Investing Activities

    		287.1m(128.4m)5.4m(86.9m)(353.5m)(653.2m)
    show all
    USDY, 2018

    EV/EBIT

    		24.3 x

    EV/CFO

    		21.3 x
    Show all financial metrics

    Webster Financial Operating Metrics

    Webster Financial's Total Loans was reported to be $17.3b in Q2, 2017.
    FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

    Assets Under Administration

    		$5.18 b$5.18 b$5.26 b$5.40 b$5.60 b$5.64 b$5.93 b$6.14 b

    Non-performing Loans

    		$129.88 m$139.94 m$140.72 m$132.91 m$128.22 m$134.04 m$173.83 m$166.37 m

    Total Loans

    		$13.90 b$15.67 b$15.86 b$16.27 b$16.62 b$17.03 b$17.09 b$17.27 b
    Show all operating metrics

    Webster Financial Revenue Breakdown

    Embed Graph

    Webster Financial revenue breakdown by business segment: 11.1% from HSA Bank, 49.7% from Community Banking, 37.6% from Commercial Banking and 1.5% from Other

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    Competitors

    The Bancorp
    Financial Services - Public
    Capital One
    Financial Services - Public
    Merchants Bancshares
    Financial Services - Public
    Entegra Financial
    Financial Services - Public
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    Webster Financial Online and Social Media Presence

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    Webster Financial Blogs

    October 03, 2018

    How many ways can hackers attack your business today?

    The answer: Plenty, with new threats evolving all the time. Cybersecurity isn’t an IT issue. It’s a business issue. And the cost of prevention is minimal compared to the cost of recovering from a cyber fraud event. A successful Cyber Awareness Plan requires training, refresher courses, and regular…
    October 01, 2018

    Why employers are taking a closer look at ESOPs

    Why is the Silver Tsunami creating a sea of change in closely held businesses? What makes an Employee Stock Ownership Plan a timely alternative ownership transition strategy? How does the new Main Street Employee Ownership Act make ESOPs more attractive than ever? And what four key factors can make…
    September 14, 2018

    Failure Can Be Inspiring. And Success Should Be Shared

    How do you find the leaders of tomorrow? At Webster Bank, the process we go through is a little different because what we’re trying to achieve goes above and beyond the norm: We’re not only looking for people who can be great bankers; we want people who are truly good human beings. We begin by …

    Webster Financial Company Life and Culture

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     Webster Financial Frequently Asked Questions

    • When was Webster Financial founded?

      Webster Financial was founded in 1986.

    • Who are Webster Financial key executives?

      Webster Financial's key executives are John Ciulla, Glenn MacInnes and Daniel Bley.

    • How many employees does Webster Financial have?

      Webster Financial has 3,302 employees.

    • What is Webster Financial revenue?

      Latest Webster Financial annual revenue is $1.2 b.

    • What is Webster Financial revenue per employee?

      Latest Webster Financial revenue per employee is $355.3 k.

    • Who are Webster Financial competitors?

      Competitors of Webster Financial include The Bancorp, Capital One and Merchants Bancshares.

    • Where is Webster Financial headquarters?

      Webster Financial headquarters is located at 145 Bank St, Waterbury.

    • Where are Webster Financial offices?

      Webster Financial has offices in Waterbury, Watertown, Branford, East Haven and in 96 other locations.

    • How many offices does Webster Financial have?

      Webster Financial has 146 offices.