Webster Bank reports $81.7M profit for Q2

WEBSTER FINANCIAL CORP., like many banking companies, has seen improved quarterly results this year, bolstered by the steep cut in the federal corporate tax rate. / PBN FILE PHOTO
WATERBURY, Conn. – Webster Financial Corp., the parent company of Webster Bank, reported Thursday that its second-quarter profit grew 32.6 percent year over year to $81.7 million, or 86 cents per diluted share. The company had reported a $61.6 million profit in the second quarter of 2017, or 64 cents per diluted share. Total interest and…

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