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WBS Webster Financial Corporation

44.80
0.00 (0.00%)
Pre Market
Last Updated: 12:00:06
Delayed by 15 minutes
Share Name Share Symbol Market Type
Webster Financial Corporation NYSE:WBS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 44.80 50 12:00:06

Webster Financial Corporation Releases Results of 2015 Dodd-Frank Act Stress Test

17/06/2015 12:34am

PR Newswire (US)


Webster Financial (NYSE:WBS)
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WATERBURY, Conn., June 16, 2015 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, today announced the release of its company-run 2015 capital stress test results as required by the Dodd-Frank Act.  The stress test disclosure includes results for both Webster Financial Corporation and Webster Bank, and can be found on Webster's Investor Relations website under the heading "Presentations" 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 and the Office of the Comptroller of Currency, and do not represent Webster's economic forecast.

About Webster
Webster Financial Corporation is the holding company for Webster Bank, N.A. With $23 billion in assets, Webster provides business and consumer banking, mortgages, private banking, trust and investment services through 165 banking offices; 314 ATMs; telephone banking; mobile banking; and the Internet. Webster Bank owns the asset based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; 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 or follow us on LinkedIn http://linkedin.com/company/webster-bank and Twitter https://twitter.com/WebsterBank.   

Media Contact 

Investor Contact

Bob Guenther, 203-578-2391

Terry Mangan, 203-578-2318

rguenther@websterbank.com

tmangan@websterbank.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/webster-financial-corporation-releases-results-of-2015-dodd-frank-act-stress-test-300100374.html

SOURCE Webster Financial Corporation

Copyright 2015 PR Newswire

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