Webster Financial (WBS) Tops Q1 EPS by 5c, Revenues Beat

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Go back to Webster Financial (WBS) Tops Q1 EPS by 5c, Revenues Beat

Webster Reports First Quarter 2019 Earnings Of $1.06 Per Share

April 18, 2019 7:30 AM EDT

WATERBURY, Conn., April 18, 2019 /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 $97.5 million, or $1.06 per diluted share, for the quarter ended March 31, 2019 compared to $78.1 million, or $0.85 per diluted share, for the quarter ended March 31, 2018.

"The first quarter represented our 38th consecutive quarter of year-over-year revenue growth as we continue to execute on our strategic priorities," said John R. Ciulla, president and chief executive officer. "Our disciplined approach to capital... More