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Webster Financial (WBS) Tops Q4 EPS by 6c

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Webster Reports Fourth Quarter 2017 Earnings

January 23, 2018 7:30 AM EST

WATERBURY, Conn., Jan. 23, 2018 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, today announced earnings applicable to common shareholders of $67.7 million, or $0.73 per diluted share, for the quarter ended December 31, 2017 compared to $55.5 million, or $0.60 per diluted share, for the quarter ended December 31, 2016.

"Webster ended 2017 in a position of financial strength from which we continue to execute on our key strategic priorities. We are pleased to report that our earnings have exceeded our cost of capital for the third consecutive... More