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Sep 30, 2020
Webster Q3 2020 Earnings Report
Reported earnings of $0.75 per diluted share.
Key Takeaways
Webster Financial Corporation reported earnings applicable to common shareholders of $66.9 million, or $0.75 per diluted share, for the quarter ended September 30, 2020.
Revenue of $294.3 million.
Loan growth of $2.3 billion, or 11.8 percent from a year ago, led by commercial and commercial real estate, which increased 20.2 percent.
Deposit growth of $3.6 billion, or 15.6 percent from a year ago, with growth of $1.8 billion in demand deposits and $688 million in HSA deposits.
Net interest margin of 2.88 percent.
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”).
Revenue & Expenses
Visualization of income flow from segment revenue to net income