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Webster Financial Q2 Earnings, Revenue Fall
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Webster Financial Q2 Earnings, Revenue Fall
Jul 23, 2024 5:49 AM

08:28 AM EDT, 07/23/2024 (MT Newswires) -- Webster Financial ( WBS ) reported Q2 earnings Tuesday of $1.03 per diluted share, down from $1.32 a year earlier.

Analysts surveyed by Capital IQ expected $1.33.

Webster also reported Q2 adjusted EPS of $1.26, below the Capital IQ analyst consensus of $1.34 per share

Revenue for the quarter ended June 30, expressed as the sum of net interest income and total noninterest income, was $614.6 million, compared with $673.2 million a year earlier.

Analysts polled by Capital IQ expected $675 million.

Price: 46.50, Change: -2.29, Percent Change: -4.69

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