1. WBS lowered its prime lending rate to 7.00%. 2. The prior rate was 7.25%, effective October 30, 2025. 3. This rate change can stimulate borrowing and economic activity. 4. Webster Bank serves diverse markets across the Northeast U.S. 5. WBS manages over $80 billion in total assets.
Lowering the prime rate typically encourages consumer and business loans, which could positively impact revenue for WBS.
This announcement regarding prime lending rate may directly affect WBS's interest margins and economic perception.
Interest rate changes generally have an immediate effect on market perception and bank profitability, particularly in loan activities.
Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A., announced today that it has lowered its prime lending rate to 7.00 percent from 7.25 percent, effective October 30, 2025.
About Webster
Webster Financial Corporation ("Webster") (NYSE:WBS) is the holding company for Webster Bank, N.A. ("Webster Bank"). Founded in 1935 and headquartered in Stamford, CT, Webster is a values-driven organization with more than $80 billion in total assets. Webster Bank is a commercial bank that provides a wide range of financial products and services to businesses, individuals, and families across three differentiated lines of business: Commercial Banking, Healthcare Financial Services, and Consumer Banking. While its core footprint spans the Northeast from the New York metropolitan area to Rhode Island and Massachusetts, certain businesses operate in extended geographies. Webster Bank is a member of the FDIC and an 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.
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Media Contact:
Alice Ferreira, 203-578-2610
acferreira@websterbank.com
Investor Contact:
Emlen Harmon, 212-309-7646
eharmon@websterbank.com