Crossmark Global Holdings Boosts Webster Financial Stake

Got story updates? Submit your updates here. ›

Crossmark Global Holdings Inc. has significantly increased its stake in Webster Financial Corporation, a financial services provider based in Waterbury, Connecticut. According to a recent SEC filing, Crossmark lifted its position in Webster Financial by 231.5% during the third quarter, now owning 33,220 shares worth $1.975 million.

Why it matters

The substantial increase in Crossmark's Webster Financial holdings suggests the investment firm sees strong potential in the regional bank's future performance. As a major shareholder, Crossmark's actions could influence Webster Financial's strategic direction and investor sentiment.

The details

Crossmark Global Holdings, an investment management firm, added 23,199 shares of Webster Financial in the third quarter, bringing its total holdings to 33,220 shares. This represents a 231.5% increase in Crossmark's position in the financial services company. Webster Financial provides a range of banking products and services to individuals, small businesses, and middle-market commercial clients, with a focus on deposit accounts, real estate lending, equipment finance, and payment processing solutions.

• Crossmark Global Holdings increased its Webster Financial stake in the third quarter of 2026.