Webster Financial Corporation posted robust third-quarter results, highlighted by record EPS, healthy net interest income, and rising deposits. The bank celebrated its 90th anniversary by demonstrating continued efficiency, profitability, and strategic growth.
Net income reached $254.1 million for the quarter.
Net interest income totaled $631.7 million, up from $589.9 million a year ago.
Total deposits rose to $68.2 billion, an increase of $3.7 billion YoY.
Return on average tangible common equity reached 17.64%.
No specific numerical guidance was provided, but management expressed confidence in continued growth and profitability.
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