Webster Financial (WBS) Tops Q3 EPS by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- Wall St rises on cooler inflation data, big bank earnings
- IBM plunges 19% as memory capex squeeze derails Q2 earnings
- SK Hynix’s record plunge drags down global chip stocks
- Software stocks tumble: High memory prices cannibalize enterprise tech capex
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- IBM misses Q2 targets as mainframe and software sales disappoint
- Goldman Sachs Upgrades NIO (NIO) to Buy
- BofA Securities on AppLovin: 'Current valuation appears reasonable'
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- YPF Energía Eléctrica S.A. files for proposed NYSE IPO
Webster Reports 2016 Third Quarter Earnings
October 21, 2016 7:30 AM EDTWATERBURY, Conn., Oct. 21, 2016 /PRNewswire/ --Â Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., today announced earnings applicable to common shareholders of $49.6 million, or $0.54 per diluted share, for the quarter ended September 30, 2016 compared to $49.2 million, or $0.53 per diluted share, for the quarter ended September 30, 2015.
"Strong commercial loan growth, an increase in the net interest margin, and solid growth in non-interest income produced Webster's 28th consecutive quarter of year-over-year revenue growth and solid earnings," said James C. Smith, chairman and chief executive officer. "Credit quality improved further,... More
