Webster Reports Fourth Quarter 2020 Earnings of $0.64 Per Diluted Share

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Go back to Webster Reports Fourth Quarter 2020 Earnings of $0.64 Per Diluted Share

Webster Financial (WBS) Tops Q4 EPS by 30c, Revenues Beat

January 21, 2021 7:33 AM EST

Webster Financial (NYSE: WBS) reported Q4 EPS of $0.99, $0.30 better than the analyst estimate of $0.69. Revenue for the quarter came in at $293.7 million versus the consensus estimate of $221.39 million.

Highlights for the fourth quarter of 2020:

Revenue of $293.7 million; $297.4 million excluding $3.7 million in hedge termination costs related to debt prepayments.Loan growth of $1.6 billion, or 8.0 percent from a year ago, led by... More