Webster Financial Corp. Bottom Line Climbs 4% In Q3

(RTTNews) - Webster Financial Corp. (WBS) revealed a profit for its third quarter that climbed from last year.

The company said its bottom line rose to $49.51 million, or $0.54 per share. This was up from $47.82 million, or $0.53 per share, in last year's third quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Webster Financial Corp. earnings at a glance:

-Earnings (Q3): $49.51 Mln. vs. $47.82 Mln. last year. -Earnings Growth (Y-o-Y): 3.5% -EPS (Q3): $0.54 vs. $0.53 last year. -EPS Growth (Y-o-Y): 1.9% -Analysts Estimate: $0.55