Webster reports 54% jump in Q3 profit

PROVIDENCE – Webster Financial Corp., the holding company for Webster Bank, on Thursday reported a 54 percent increase year over year in quarterly earnings, aided by a big cut in the federal corporate tax rate. In addition to the tax cut, Webster said it benefited from increases in deposits, better interest rate spreads, and increased…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -