Webster Bank reports $96M Q3 earnings

WEBSTER FINANCIAL CORP. on Thursday reported a $95.7 million third-quarter profit. / PBN FILE PHOTO
WATERBURY, Conn. – Webster Financial Corp. grew its profit margin by nearly 40% year over year, with earnings of $95.7 million for the quarter that ended Sept. 30, the company announced on Thursday. The increase over the $69.3 million profit in the third quarter of 2020 comes after the Webster Bank parent company cut back…

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