Nitin J. Mhatre
Net Worth
Last updated:
What is Nitin J. Mhatre net worth?
The estimated net worth of Mr. Nitin J. Mhatre is at least $14,182,154 as of 24 Feb 2020. He owns shares worth $1,368,704 as insider and has received compensation worth at least $12,813,450 in Webster Financial Corporation.
What is the salary of Nitin J. Mhatre?
Mr. Nitin J. Mhatre salary is $985,650 per year as Advisor to Chief Executive Officer in Webster Financial Corporation.
How old is Nitin J. Mhatre?
Mr. Nitin J. Mhatre is 54 years old, born in 1971.
What stocks does Nitin J. Mhatre currently own?
As insider, Mr. Nitin J. Mhatre owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Webster Financial Corporation (WBS) | Advisor to Chief Executive Officer | 23,120 | $59.2 | $1,368,704 |
What does Webster Financial Corporation do?
Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Retail Banking. The Commercial Banking segment provides lending, deposit, and cash management services; commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and asset-based lending, as well as treasury and payment services; wealth management solutions to business owners, operators, and consumers; and trust, asset management, financial planning, insurance, retirement, and investment products. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, consultants, and financial advisors. The Retail Banking segment provides deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers. The company also offers online and mobile banking services. As of December 31, 2021, it operated 130 banking centers and 251 ATMs. The company was founded in 1935 and is headquartered in Stamford, Connecticut.
Nitin J. Mhatre insider trading
Webster Financial Corporation
Mr. Nitin J. Mhatre has made 3 insider trades between 2012-2020, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 31,940 units of WBS stock on 2 Aug 2017. As of 24 Feb 2020 he still owns at least 23,120 units of WBS stock.
Webster Financial key executives
Webster Financial Corporation executives and other stock owners filed with the SEC:
- Mr. Charles L. Wilkins (63) Executive Vice President
- Mr. Christopher J. Motl (54) Executive Vice President & Head of Commercial Banking
- Mr. Daniel H. Bley (56) Executive Vice President & Chief Risk Officer
- Mr. Glenn I. MacInnes (64) Executive Vice President & Chief Financial Officer
- Mr. John R. Ciulla (59) Chairman, Pres & Chief Executive Officer
- Mr. Nitin J. Mhatre (54) Advisor to Chief Executive Officer