Tag : Preferred Stock

Webster Financial Corporation Declares Common and Preferred Dividends
Finance Fintech News

Webster Financial Corporation Declares Common and Preferred Dividends

Business Wire
by Business Wire0
Webster Financial Corporation, the holding company for Webster Bank, N.A. and its HSA Bank division, announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable November 13, 2023, to shareholders of record as......
First Business Bank Completes $32.5 Million Capital Raise and Announces $5.0 Million Buyback Program
Banking Capital Markets News

First Business Bank Completes $32.5 Million Capital Raise and Announces $5.0 Million Buyback Program

Fintech News Desk
by Fintech News Desk0
First Business Financial Services, Inc. announced the successful private placement to institutional investors of $32.5 million in new capital consisting of $20.0 million of subordinated notes and $12.5 million of preferred stock (both more fully described below) and the redemption of $19.4 million of higher cost trust preferred securities and......
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