Webster Financial Corporation

Frequently Asked Questions About WBS

What does WBS invest in?

Webster Financial Corporation functions as the parent entity for Webster Bank, National Association, providing a comprehensive suite of banking, investment, and financial services throughout the United States. Its offerings cater to a diverse clientele, including individual consumers, families, and businesses. The company's operations are divided into three primary divisions: 1. Commercial Banking: This segment delivers core services such as lending, deposit management, and advanced cash management solutions. Its specialized financial products include commercial and industrial loans and leasing, commercial real estate financing, equipment and asset-based lending, along with treasury and payment services. Additionally, it offers extensive wealth management options, including trust services, asset management, financial planning, insurance, retirement solutions, and investment products for business owners, operators, and individual clients. 2. HSA Bank: Focused on health-related financial solutions, this division provides health savings accounts (HSAs), health reimbursement arrangements (HRAs), flexible spending accounts (FSAs), and commuter benefits. These products are distributed directly to employers and individuals, as well as through collaborations with national and regional insurance carriers, consultants, and financial advisors. 3. Retail Banking: Tailored for individual consumers, this segment offers traditional deposit and fee-based services, residential mortgages, home equity lines of credit, various secured and unsecured loans, and credit card products. In addition to its segmented services, Webster Financial Corporation ensures accessible banking through its online and mobile platforms. As of December 31, 2021, the company maintained a physical presence with 130 banking centers and 251 ATMs. Founded in 1935, its corporate headquarters are located in Stamford, Connecticut.

What is the expense ratio of WBS?

An expense ratio for Webster Financial Corporation (WBS) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is WBS's dividend yield?

WBS's trailing-twelve-month yield is 2.12%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of WBS?

Effective duration measures WBS's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. WBS's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of WBS?

WBS's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of WBS?

Yield to maturity (YTM) is the total return you'd earn from WBS if every bond in the portfolio is held to maturity at the current price. WBS's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.