Webster Financial (WBS) Tops Q3 EPS by 8c

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Webster Reports Third Quarter 2020 Earnings Of $0.75 Per Diluted Share

October 22, 2020 7:30 AM EDT

WATERBURY, Conn., Oct. 22, 2020 /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 $66.9 million, or $0.75 per diluted share, for the quarter ended September 30, 2020, compared to $91.4 million, or $1.00 per diluted share, for the quarter ended September 30, 2019.

"True to our heritage and our values, we are pleased to be able to do our part to help consumers and businesses manage through uncertainties brought on by the COVID-19 pandemic," said John R. Ciulla, chairman and chief... More