WATERBURY, Conn., Oct. 17, 2017 /PRNewswire/ -- Webster Financial
Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division,
today announced the release of its company-run 2017 capital stress
test results as required by the Dodd-Frank Act. The stress test
disclosure includes the results for both Webster Financial
Corporation and Webster Bank, and
can be found on Webster's Investor Relations website under the
heading "Presentations" at:
http://phx.corporate-ir.net/phoenix.zhtml?c=73114&p=irol-presentations.
Webster Financial Corporation's and Webster Bank's regulatory capital ratios
continue to significantly exceed well-capitalized levels throughout
the nine-quarter stress test period. Results are based on a
forward-looking exercise using hypothetical severely adverse
macroeconomic assumptions developed and provided by the Federal
Reserve Board and the Office of the Comptroller of the Currency,
and do not represent Webster's economic forecast.
About Webster
Webster Financial Corporation is the holding company
for Webster Bank, National Association. With $26.2
billion in assets, Webster provides business and consumer
banking, mortgage, financial planning, trust, and investment
services through 167 banking centers and 343 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. 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.
Media
Contact:
|
Investor
Contact:
|
Alice Ferreira,
203-578-2610
|
Terry Mangan,
203-578-2318
|
acferreira@websterbank.com
|
tmangan@websterbank.com
|
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SOURCE Webster Financial Corporation