WEBSTER FINANCIAL CORP

Webster Financial Corporation (NYSE: WFC) operates as a bank holding company headquartered in the Northeast with total consolidated assets of $84.1 billion as of December 31, 2025. The company's website is located at investors.websterbank.com. Webster Bank, National Association, serves as the company's primary subsidiary, operating as a commercial bank with a national charter focused on providing financial products and services to businesses, individuals, and families.

The company organizes its operations into three reportable segments representing differentiated lines of business. Commercial Banking delivers financial solutions nationally to a wide range of companies, investors, government entities, and public and private institutions, with expertise in commercial real estate, middle market lending, sponsor and specialty finance, verticals and regional banking, asset-based lending, commercial services, and treasury management. Healthcare Financial Services includes HSA Bank, one of the country's largest providers of employee benefits solutions and a leading administrator of health savings accounts and flexible spending accounts across all 50 states, along with Ametros, the nation's largest professional administrator of medical insurance claim settlements. Consumer Banking delivers customized financial solutions through 195 banking centers throughout the Northeast, offering deposit, lending, treasury management, and wealth management solutions alongside digital banking experiences through mobile apps and BrioDirect.

Webster's core footprint spans the Northeast from the New York metropolitan area to Rhode Island and Massachusetts, though certain businesses operate in extended geographies. The company employs approximately 4,498 full-time employees and 103 part-time employees, with an average tenure of 8.9 years. The company competes with commercial banks, savings banks, credit unions, non-bank financial services companies, and financial technology firms across its markets.

On February 3, 2026, Webster entered into a transaction agreement with Banco Santander for an acquisition valued at approximately $12.3 billion, with the transaction expected to close in the second half of 2026, subject to regulatory approvals and other customary closing conditions. Additionally, the company formed a private credit joint venture with Marathon Asset Management in July 2024 to deliver direct lending solutions for sponsor-backed middle market companies.