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Webster Financial Q1 Earnings Miss on Higher Provisions & Expenses
WBSWebster Financial (WBS) ZACKS·2025-04-25 22:26

Webster Financial (WBS) reported first-quarter 2025 earnings per share (EPS) of 1.30,whichlaggedtheZacksConsensusEstimateof1.30, which lagged the Zacks Consensus Estimate of 1.38. Nonetheless, the reported figure compared favorably with EPS of $1.23 reported a year ago.Results were affected by higher non-interest expenses and provisions, along with lower non-interest income. Nonetheless, a rise in net interest income (NII) and higher loan and deposit balances supported the results to some extent.Net income applicable to common shareholders (GAAP b ...