Webster Financial Q4 Adj. EPS Meets Estimates, Revenue Tops

Webster Financial Q2 Adj. EPS Misses Estimates, But Revenues Top

Bank holding company Webster Financial Corp. (WBS) on Tuesday reported that second-quarter net income available to common shareholders declined to $177.47 million or $1.03 per share from $230.81 million or $1.32 per share in the prior-year quarter.

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Webster Financial Names William Holland To Succeed Glenn MacInnes As CFO

Webster Financial Corp. (WBS), the holding company for Webster Bank, N.A., announced Monday its Board of Directors approved both the appointment of William Holland as Executive Vice President, Finance of both the Company and the Bank. It also approved the election of William Haas as a new non-management member of the Board of Directors of the Company and the Bank.

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Webster Financial Q4 Adj. EPS Misses Estimates

Bank holding company Webster Financial Corp. (WBS) on Thursday reported that fourth quarter net income available to common shareholders was $240.59 million or $1.38 per share, compared to $109.07 million or $1.20 per share in the prior-year quarter.

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Webster Financial Q2 Adj. EPS Tops Estimates

Bank holding company Webster Financial Corp. (WBS) on Thursday reported that second-quarter net income available to common shareholders was $178.15 million or $1.00 per share, compared to $92.07 million or $1.01 per share in the prior-year quarter.

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U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.

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U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.

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Switzerland Logs Weaker Growth, Trims 2026 Outlook

The Swiss economy expanded modestly in the second quarter, as estimated earlier, and higher U.S. tariffs are set to push down growth prospects, the State Secretariat for Economic Affairs said Thursday. Gross domestic product grew 0.1 percent from the first quarter, unchanged from the flash estimate. Growth softened notably from 0.7 percent in the first quarter.

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U.S. GDP Jumps More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday.

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