Investments
4Portfolio Exits
3Partners & Customers
1About 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.

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Latest Webster Financial News
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.

Webster Financial Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
12/7/2022 | Seed | Save | Yes | 1 | ||
8/14/2012 | Debt | |||||
1/22/2002 | Series C | |||||
4/11/2001 | Unattributed VC |
Date | 12/7/2022 | 8/14/2012 | 1/22/2002 | 4/11/2001 |
---|---|---|---|---|
Round | Seed | Debt | Series C | Unattributed VC |
Company | Save | |||
Amount | ||||
New? | Yes | |||
Co-Investors | ||||
Sources | 1 |
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 | 1 | |||
Date | 1/4/2021 | ||
---|---|---|---|
Exit | Acq - Fin | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 1 |
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 | $15.02M | Acquired | 4 | ||
2/1/2022 |
Date | 2/16/2022 | 2/1/2022 |
---|---|---|
Investment Stage | Debt | |
Companies | ||
Valuation | ||
Total Funding | $15.02M | |
Note | Acquired | |
Sources | 4 |
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 | |
Name | Louis Amoriggi | |||
---|---|---|---|---|
Work History | ||||
Title | Senior Vice President | |||
Status | Current |
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