Webster Q2 2020 Earnings Report
Key Takeaways
Webster Financial Corporation announced earnings applicable to common shareholders of $50.7 million, or $0.57 per diluted share, for the quarter ended June 30, 2020. Revenue was $284.5 million. Loan growth was $2.5 billion, or 13.1 percent from a year ago. Deposit growth of $3.8 billion, or 16.6 percent from a year ago.
Earnings applicable to common shareholders of $50.7 million, or $0.57 per diluted share.
Revenue of $284.5 million.
Loan growth of $2.5 billion, or 13.1 percent from a year ago.
Deposit growth of $3.8 billion, or 16.6 percent from a year ago.
Webster
Webster
Webster Revenue by Segment
Forward Guidance
This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Act”). Forward-looking statements are based on Webster’s current expectations and assumptions regarding its business, the economy, and other future conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income