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4-Traders Homepage  >  Equities  >  Nyse  >  Webster Financial Corporation    WBS

WEBSTER FINANCIAL CORPORATION (WBS)
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Delayed Quote. Delayed  - 05/25 10:02:02 pm
64.93 USD   -0.08%
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WEBSTER FIN : Webster Bank Offers Special Assistance for Local Customers and Homeowners Affected by Tropical Storm Irene

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08/29/2011 | 09:55pm CEST

WATERBURY, Conn., Aug. 29, 2011 /PRNewswire via COMTEX/ --

Webster Bank is offering special assistance to customers and homeowners in Connecticut, New York, Rhode Island and Massachusetts affected by Tropical Storm Irene. The assistance plan includes special rates on new home improvement loans and, to ensure that customers have access to cash when they need it most, a temporary fee waiver for use of non-Webster ATMs.

James C. Smith, chairman and CEO of Webster Bank, said, "For more than 75 years, we have been helping our customers and communities meet their financial needs - especially during life's setbacks. As a bank founded by my father during the Great Depression, 'being there' is in our DNA. Our neighbors who have been impacted by Irene can count on us to assist with special terms on financial products and services, delivered by understanding Webster bankers whose families have also been affected by the storm."

Offer Details:

  • New Webster Unsecured Personal Home Improvement Loan at an interest rate that is 1.5 percentage points below the standard rate. With loan amounts of $1,000 - $15,000 available, this fixed rate loan will provide a simple way for affected residents to gain fast access to funds. This offer is valid through September 30, 2011.
  • Waiver of foreign ATM fees incurred from August 27, 28, 29 and 30. We expect most of our ATMs to be operational. But if you are unable to get to a Webster ATM in your area during this timeframe, we won't charge you for using another's. However, you may be charged by the bank that owns the ATM.

Current and prospective customers should contact their local Webster branch or call the Webster Customer Care Center at 888-493-2783.

Small business owners impacted by Irene may contact Webster and have a small business specialist meet with you at your company about their financing needs. To make an appointment, call 877-864-2037 or any Webster branch.

All credit products, pricing and overdraft protection are subject to the normal credit approval process. Some applications may require further consideration and/or supplemental information. Certain terms and conditions may apply.

Webster Financial Corporation is the holding company for Webster Bank, National Association. With $18.0 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 176 banking offices, 495 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance; and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and 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.

Media contact:

Brenda Greene (401) 228-2083

[email protected]

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SOURCE Webster Financial Corporation

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Financials ($)
Sales 2018 899 M
EBIT 2018 491 M
Net income 2018 328 M
Debt 2018 -
Yield 2018 1,75%
P/E ratio 2018 18,32
P/E ratio 2019 16,65
Capi. / Sales 2018 6,65x
Capi. / Sales 2019 6,07x
Capitalization 5 980 M
Chart WEBSTER FINANCIAL CORPORAT
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Webster Financial Corporat Technical Analysis Chart | WBS | US9478901096 | 4-Traders
Technical analysis trends WEBSTER FINANCIAL CORPORAT
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 64,7 $
Spread / Average Target -0,31%
EPS Revisions
Managers
NameTitle
John R. Ciulla President, Chief Executive Officer & Director
James Copenhaver Smith Non-Executive Chairman
Glenn I. MacInnes Chief Financial Officer & Executive Vice President
Colin D. Eccles Chief Information Officer & Executive VP
Laurence C. Morse Independent Director
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