About Webster Bank
Webster Bank is a company based in Stamford (United States) founded in 1935 was acquired by Santander in February 2026. It operates as a Subscription Services, and Commission-Based. The company has 4,410 employees as of December 31, 2024. Webster Bank has completed 1 acquisition, including Ametros. Webster Bank offers products and services including Personal Banking, Business Banking, Commercial Banking, and Wealth Management. Webster Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Stamford, United States
- Employees 4410 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Webster Financial Corporation
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IPO & Listings of Webster Bank
Webster Bank is a publicly listed company on the NYSE with ticker symbol WBS in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Webster Bank
Webster Bank offers a comprehensive portfolio of products and services, including Personal Banking, Business Banking, Commercial Banking, and Wealth Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personal checking and savings accounts are offered widely.
Business checking and lending solutions are provided comprehensively.
Commercial loans and treasury management are delivered expertly.
Investment and retirement planning services are offered professionally.
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Leadership Team
287 people
Software Development Team
125 people
Senior Team
28 people
Sales and Marketing
22 people
Finance and Accounting
20 people
Product Management Team
19 people
Human Resources and Administration
16 people
Legal and Compliance
12 people
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Funding Insights of Webster Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Webster Bank
Webster Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Santander. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are provided to individuals and institutions globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Webster Bank
Webster Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ametros. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of medical funds management and settlement services
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Webster Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Webster Bank Comparisons
Competitors of Webster Bank
Webster Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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| domain | founded_year | HQ Location |
Regional bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided across the United States.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Webster Bank
Frequently Asked Questions about Webster Bank
When was Webster Bank founded?
Webster Bank was founded in 1935.
Where is Webster Bank located?
Webster Bank is headquartered in Stamford, United States. It is registered at Stamford, Connecticut, United States.
Who is the current CEO of Webster Bank?
John R Ciulla is the current CEO of Webster Bank.
How many employees does Webster Bank have?
As of Dec 31, 2024, the latest employee count at Webster Bank is 4,410.
What is the annual revenue of Webster Bank?
Annual revenue of Webster Bank is $4.42B as on Dec 31, 2025.
What does Webster Bank do?
Webster Bank is involved in offering a wide range of banking solutions across personal, business, and commercial sectors. Services are provided in areas such as checking and savings accounts, loans, credit cards, and treasury management. Specialized solutions are extended to industries including healthcare, manufacturing, and government banking. Digital conveniences and personalized attention are ensured through dedicated relationship managers. Wealth management and investment services are also delivered to support financial planning and retirement needs. Operations are focused in regions like Connecticut, Massachusetts, New York, and Rhode Island.
Who are the top competitors of Webster Bank?
What products or services does Webster Bank offer?
Webster Bank offers Personal Banking, Business Banking, Commercial Banking, and Wealth Management.
Is Webster Bank publicly traded?
Yes, Webster Bank is publicly traded on NYSE under the ticker symbol WBS.
How many acquisitions has Webster Bank made?
Webster Bank has made 1 acquisition, including Ametros.
Who are Webster Bank's investors?
Webster Bank has 1 investor. Key investors include Santander.
What is Webster Bank's ticker symbol?
The ticker symbol of Webster Bank is WBS on NYSE.