|Webster Financial Corporation -- USA Stock|| |
USD 58.57 0.33 0.56%
Executive VP of Community Banking and Executive VP of Community Banking - Webster Bank
Mr. Nitin J. Mhatre serves as Executive Vice President Community Banking of Webster Financial Corporationrationand Webster Bank, a subsidiary of the company. Mr. Mhatre joined Webster in October 2008 as Executive Vice President, Consumer Lending of Webster Bank and was appointed Executive Vice President, Consumer Finance in January 2009. He was promoted to his current position in August of 2013. Prior to joining Webster, Mr. Mhatre worked at Citigroup across multiple geographies including St. Louis, Missouri, Stamford, Connecticut, Guam, USA and India, in various capacities. In his most recent position, he was the Managing Director for the Home Equity Retail business for CitiMortgage based in Stamford, Connecticut
Age: 45 EVP Since 2013
Mhatre is a board member of Consumer Bankers Association headquartered in Washington, D.C., and also serves on the board of Junior Achievement of Southwest New England.
Nitin Mhatre Latest Insider Activity
The company has Return on Asset of 0.94 %
which means that on every $100 spent on asset it made $0.94 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE)
of 9.44 %
implying that it generated $9.44 on every 100 dollars invested.
The company has 2.64 B in debt with debt to equity (D/E) ratio of 9.21 . This implies that the company may be unable to create cash to meet all of its financial commitments.
Webster Financial Corporationration operates as the bank and financial holding company for Webster Bank, National Association that offer financial services to individuals, families, and businesses in the United States. Webster Financial Corporation (WBS) is traded on New York Stock Exchange in USA. It is located in CONNECTICUT, U.S.A and employs 2,946 people. Webster Financial is listed under Banking category by Fama And French industry classification.