Webster Reports First Quarter 2020 Earnings Of $0.39 Per Diluted Share
Webster Financial Corporation (WBS)
Last webster financial corporation earnings: 4/21 07:30 am
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US:NYSE Investor Relations:
webster.gcs-web.com/investor-overview
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Source: PR Newswire
WATERBURY, Conn., April 21, 2020 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, today announced earnings applicable to common shareholders of $36.0 million, or $0.39 per diluted share, for the quarter ended March 31, 2020, compared to $97.5 million, or $1.06 per diluted share, for the quarter ended March 31, 2019. Results in the quarter reflect a provision for credit losses of $76.0 million under the Current Expected Credit Loss (CECL) accounting standard effective January 1, 2020 compared to a provision for credit losses of $8.6 million in prior year."During these uncertain, challenging and unprecedented times, Webster bankers have once again stepped up to take care of our customers, our communities and, importantly, each other. I am so proud of every one of our 3,400 bankers," said John R. Ciulla, president and chief executive officer. "We continue to take swift actions to keep our employees safe whil
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WBS
Earnings
- 10/17/25 - Beat
WBS
Sec Filings
- 11/19/25 - Form 4
- 11/17/25 - Form 144
- 11/10/25 - Form 10-Q
- WBS's page on the SEC website