Webster Financial Corporation operates within the National commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Webster Financial with three other
companies in this sector in UNITED STATES :
sales of $1.37 billion
of which 100%
was Banking & Related Activities),
Cullen/Frost Bankers, Inc
of which 82%
was Banking), and
Valley National Bancorp
of which 63%
was Commercial Lending).
During the year ended December of 2019, sales at
Webster Financial were $1.44 billion.
increase of 7.6%
versus 2018, when the company's sales were $1.34 billion.
This was the fifth consecutive year of sales increases at Webster Financial
(and since 2014, sales have increased a total of 56%).
Sales of Corporate and Reconciling Amounts saw an increase
that was more than double the company's growth rate: sales were up
598.2% in 2019, from
$2.05 million to $14.30 million.
Webster Financial also saw significant increases in sales in
Hsa Bank (up 13.6% to $264.28 million)
Not all segments of Webster Financial experienced an increase in sales in 2019:
sales of Community Banking fell 0.9% to $510.01 million.