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Webster Financial (WBS) Reports In-Line Q2 EPS

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Webster Reports 2015 Second Quarter Earnings

July 16, 2015 7:30 AM EDT

WATERBURY, Conn., July 16, 2015 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., today announced record net income available to common shareholders of $50.5 million, or $0.55 per diluted share, for the quarter ended June 30, 2015 compared to $45.2 million, or $0.50 per diluted share, for the quarter ended June 30, 2014.

"We're pleased to report another strong quarterly performance, marked by record net income and record loan originations led by business loans and residential mortgages," said James C. Smith, chairman and chief executive officer. "It's clear our strategic investments are... More