Reports Q3 revenue $732.6M, consensus $728.64M. Common equity tier 1 ratio of 11.40 percent. “Webster’s growth, efficiency, and returns are each reflective of the company’s favorable strategic positioning,” said Neal Holland, senior executive vice president and chief financial officer. “We are proud to deliver record quarterly EPS on the occasion of Webster’s 90th anniversary.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBS:
- WBS Upcoming Earnings Report: What to Expect?
- Webster Financial price target raised to $78 from $77 at Barclays
- Webster Financial price target lowered to $68 from $70 at JPMorgan
- Webster Financial price target raised to $77 from $64 at Morgan Stanley
- Webster Financial initiated with a Buy at TD Cowen