Webster Bank posts $80M Q1 profit

WEBSTER FINANCIAL CORP. is the Connecticut-based parent of Webster Bank. /PBN FILE PHOTO
WEBSTER FINANCIAL CORP. is the Connecticut-based parent of Webster Bank. /PBN FILE PHOTO
WATURBURY, Conn – Webster Financial Corp. on Thursday reported first-quarter profit grew 34.9 percent to $80.2 million, or 85 cents per diluted share, compared to $59.5 million, or 62 cents per diluted share, a year earlier. The parent of Webster Bank reported total interest and noninterest income increased 11.3 percent to $314.7 million for the…

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