Webster Financial (WBS) - 2024 Q1 - Quarterly Results
Webster Financial (WBS)2024-04-23 19:37
Exhibit 99.1 WEBSTER REPORTS FIRST QUARTER 2024 EPS OF $1.23; ADJUSTED EPS OF $1.35 • Revenue of $667.1 million. • Period end loan and lease balance of $51.1 billion, up $0.4 billion or 0.7 percent from prior quarter; consisting of 80.9 percent commercial loans and leases, 19.1 percent consumer loans, and a loan to deposit ratio of 84.1 percent. • Period end deposit balance of $60.7 billion, down $36.5 million or 0.1 percent from prior quarter; core deposit growth of $1.5 billion from prior quarter. • Provi ...