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