01:42 PM EDT, 10/17/2024 (MT Newswires) -- (Updates with the company's latest stock move in the headline and first paragraph.)

Webster Financial ( WBS ) shares jumped past 10% in recent Thursday trading after reporting Q3 results.

The company reported Q3 earnings of $1.10 per diluted share, down from $1.28 a year earlier. Adjusted EPS was $1.34.

Analysts surveyed by Capital IQ expected GAAP and non-GAAP EPS of $1.34.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $647.7 million, down from $677.5 million a year earlier.

Analysts polled by Capital IQ expected $676.9 million.

Price: 53.80, Change: +5.18, Percent Change: +10.64