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Company Description

Contact Info

145 Bank Street

Waterbury, CT 06702

United States

Phone: 203-578-2202

Fax:

nts, and other financial solutions for healthcare. These solutions are used in conjunction with high deductible health plans and are offered through employers or directly to consumers and are distributed nationwide directly, and through multiple partnerships. The company owns JPMorgan Chase Bank, N.A.'s health savings account business. Private Banking Private Banking provides local, full relationship banking that serves high net worth clients, not-for-profit organizations, and business clients for asset management, trust, loan, and deposit products and financial planning services. The segment is focused on generating revenues from fees earned on clients’ assets under management and administration. The majority of the client relationships include lending and/or deposit accounts, which also generate significant revenues through net interest income; along with ancillary fee and interest rate derivative revenues. Investment Securities Portfolio As of December 31, 2015, the company’s investment portfolio included U.S. treasury bills; agency collateralized mortgage obligations; agency mortgage-backed securities; agency commercial mortgage-backed securities; non-agency commercial mortgage-backed securities; collateralized loan obligations; single issuer trust preferred securities; corporate debt securities; and equity securities - financial institutions. Deposits The company offers various deposit products for checking and savings (including ATM and debit card use, direct deposit, ACH payments, combined statements, mobile banking services, Internet-based banking, bank by mail, as well as overdraft protection via line of credit or transfer from another deposit account) designed to meet the transactional, savings, and investment needs for both consumer and business customers throughout 163 banking centers within its primary market area. Regulations As a bank holding company and a financial holding company, the company is regulated under the Bank Holding Company Act of 1956, as amended, and is subject to inspection, examination, and supervision by the Federal Reserve Board. The company is also under the jurisdiction of the United States Securities and Exchange Commission (SEC) and is subject to the disclosure and regulatory requirements of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, as administered by the SEC. The bank is organized as a national banking association under the National Bank Act. It is subject to regulation and examination by the Office of the Comptroller of the Currency as its primary supervisory agency, as well as by the Federal Deposit Insurance Corporation. History Webster Financial Corporation was founded in 1935. The company was incorporated under the laws of Delaware in 1986.

 

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Industry Average

Valuation WBS Industry Range
Price/Earnings 16.5x
Price/Sales 3.7x
Price/Book 1.4x
Price/Cash Flow 15.8x
TEV/Sales NM Not Meaningful
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