Recent events
Recent events tied to this brand in public sources.
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2026
Santander completes acquisition of Webster Financial Corporation
Santander Holdings USA, Inc., the U.S. intermediate holding company for Banco Santander, S.A., completed its acquisition of Stamford-based Webster Financial Corporation, the holding company for Webster Bank, N.A. The deal was announced in February at approximately $12.3 billion and had received approvals from the Federal Reserve, the Office of the Comptroller of the Currency and the European Central Bank.
2026
Santander completes $12.2 billion acquisition of Webster Financial Corp.
Santander Holdings USA Inc., the U.S. intermediate holding company for Banco Santander, S.A., completed its $12.2 billion acquisition of Webster Financial Corp., the holding company for Webster Bank, N.A., on Wednesday after receiving shareholder and regulatory approvals. The combined business has approximately $327 billion in assets, $185 billion in loans and $172 billion in deposits as of Dec. 31, 2025.
2022
Webster and Sterling complete merger
Webster Bank and Sterling National Bank completed their merger, creating a financial institution with about $65 billion in assets. The merger became effective on January 31, 2022.
2021
FirstDigital Telecom announced debt financing
FirstDigital Telecom announced that it had raised debt financing from a group of investors including AllianceBernstein, Deutsche Bank, Guggenheim and Webster Bank. The transaction recapitalized its balance sheet and consolidated its common equity ownership under CEO Wesley McDougal.
2020
Webster Bank partners with RE-Center on anti-racism education
Webster Bank partnered with RE-Center to develop and provide anti-racism education and training for its bank employees and communities.
2020
Webster appoints James P. Bush to its board
Webster Financial Corporation announced the appointment of James P. Bush to its and Webster Bank's boards of directors. He will serve on the Risk Committee for both boards.
2020
Webster reports fourth-quarter 2019 earnings
Webster Financial Corporation announced earnings applicable to common shareholders of $88.1 million, or $0.96 per diluted share, for the quarter ended December 31, 2019.