Webster Reports 2016 First Quarter Earnings

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Webster Financial (WBS) Misses Q1 EPS by 2c

April 19, 2016 8:21 AM EDT

Webster Financial (NYSE: WBS) reported Q1 EPS of $0.51, $0.02 worse than the analyst estimate of $0.53. Revenue for the quarter came in at $240.1 million versus the consensus estimate of $176.5 million.

"Solid quarterly results underscore Webster's sustained progress in executing growth strategies that maximize value to... More