Webster Financial Corporation (WBS), the holding company for Webster Bank, reported first quarter net income available to common stockholders of $212.2 million, or $1.23 per share, compared to $216.8 million, or $1.24 per share, a year ago. Adjusted earnings per share was $1.35 for the quarter ended March 31, 2024. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $1.41, for the quarter. Analysts' estimates typically exclude special items.
Net interest income was $567.7 million compared to $595.3 million, prior year. Total non-interest income was $99.4 million compared to $70.8 million. Analysts on average had estimated $616.79 million in revenue.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.