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Webster Financial (WBS) Misses Q1 EPS by 2c

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Webster Reports 2015 First Quarter Earnings

April 16, 2015 7:30 AM EDT

WATERBURY, Conn., April 16, 2015 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common shareholders of $47.1 million, or $0.52 per diluted share, for the quarter ended March 31, 2015 compared to $47.8 million, or $0.53 per diluted share, for the quarter ended March 31, 2014.

"Webster's solid first quarter results mark our 22nd consecutive quarter of year-over-year revenue growth, a clear reflection of our bankers' success in serving our customers and communities," said James C. Smith, chairman and chief executive officer. "Commercial Banking once again... More