KBRA Releases Surveillance Report for Webster Financial Corporation

On February 2, 2024, KBRA affirmed the senior unsecured debt rating of A-, the subordinated debt rating of BBB+, the preferred stock rating of BBB, and the short-term debt rating of K2 for Connecticut-based Webster Financial Corporation (NYSE: WBS). KBRA also affirmed the deposit and senior unsecured debt ratings of A, the subordinated debt rating of A-, and the short-term deposit and debt ratings of K1 for Webster Bank, N.A., its principal subsidiary. The Outlook for all long-term ratings is Stable.

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