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Holding Company
websterbank.com

Investments

4

Portfolio Exits

3

Partners & Customers

1

About Webster Financial

Webster Financial (NYSE: WBS) is the holding company for Webster Bank, National Association. With $26.0 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 167 banking centers and 346 ATMs. Webster also provides mobile and Internet banking. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services.

Headquarters Location

Waterbury, Connecticut,

United States

800-325-2424

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Latest Webster Financial News

Webster Financial Corporation Declares Common and Preferred Dividends

May 3, 2023

04/28 05/03/2023 | 04:49pm EDT Message : *Required fields Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable May 22, 2023, to shareholders of record as of May 8, 2023. On its Series F Preferred Stock, Webster declared a quarterly cash dividend of $328.125 per share ($0.328125 per each depositary share, 1,000 of which represent one share of Series F Preferred Stock), payable June 15, 2023, to shareholders of record on June 1, 2023. On its Series G Preferred Stock, Webster declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositary share, 40 of which represents one share of Series G Preferred Stock), payable July 15, 2023, to shareholders of record on June 30, 2023. About Webster Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. and its HSA Bank Division. Webster is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and its HSA Bank division, one of the country’s largest providers of employee benefits solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with $75 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com . View source version on businesswire.com: https://www.businesswire.com/news/home/20230503006026/en/ © Business Wire 2023

Webster Financial Investments

4 Investments

Webster Financial has made 4 investments. Their latest investment was in Save as part of their Seed on December 12, 2022.

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Webster Financial Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/7/2022

Seed

Save

Yes

1

8/14/2012

Debt

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$99M

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0

1/22/2002

Series C

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$99M

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0

4/11/2001

Unattributed VC

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$99M

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0

Date

12/7/2022

8/14/2012

1/22/2002

4/11/2001

Round

Seed

Debt

Series C

Unattributed VC

Company

Save

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Amount

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

0

0

0

Webster Financial Portfolio Exits

3 Portfolio Exits

Webster Financial has 3 portfolio exits. Their latest portfolio exit was Cooley Group on January 04, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/4/2021

Acq - Fin

$99M

1

1/19/2007

Take Private

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$99M

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0

10/9/2006

IPO

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$99M

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0

Date

1/4/2021

1/19/2007

10/9/2006

Exit

Acq - Fin

Take Private

IPO

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

1

0

0

Webster Financial Acquisitions

2 Acquisitions

Webster Financial acquired 2 companies. Their latest acquisition was Bend Financial on February 16, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/16/2022

Debt

$99M

$15.02M

Acquired

4

2/1/2022

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$99M

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10

Date

2/16/2022

2/1/2022

Investment Stage

Debt

Companies

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Valuation

$99M

$99M

Total Funding

$15.02M

Note

Acquired

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Sources

4

10

Webster Financial Partners & Customers

1 Partners and customers

Webster Financial has 1 strategic partners and customers. Webster Financial recently partnered with Save on May 5, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

5/31/2022

Client

United States

Save® announces innovative partnership with Webster Bank to launch Save's Market Savings Program

HOUSTON , May 31 , 2022 / PRNewswire / -- Save ® , a fintech company that helps people earn higher yields on their spending and savings , announced that they have signed an agreement with Webster Bank , N.A. , a leading bank in the Northeast that provides a wide range of digital and traditional financial solutions to consumers and commercial clients .

2

Date

5/31/2022

Type

Client

Business Partner

Country

United States

News Snippet

Save® announces innovative partnership with Webster Bank to launch Save's Market Savings Program

HOUSTON , May 31 , 2022 / PRNewswire / -- Save ® , a fintech company that helps people earn higher yields on their spending and savings , announced that they have signed an agreement with Webster Bank , N.A. , a leading bank in the Northeast that provides a wide range of digital and traditional financial solutions to consumers and commercial clients .

Sources

2

Webster Financial Team

4 Team Members

Webster Financial has 4 team members, including current Senior Vice President, Louis Amoriggi.

Name

Work History

Title

Status

Louis Amoriggi

Senior Vice President

Current

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Name

Louis Amoriggi

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Work History

Title

Senior Vice President

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Status

Current

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