Webster Financial Corporation (NYSE:WBS) will release earnings results for the fourth quarter, before the opening bell on Friday, Jan. 23.
Analysts expect the Jacksonville, Florida-based company to report quarterly earnings at $1.53 per share, up from $1.43 per share in the year-ago period. The consensus estimate for Webster Financial’s quarterly revenue is $731.66 million, versus $660.98 million a year earlier, according to data from Benzinga Pro.
On Dec. 10, Webster lowered prime lending rate to 6.75%.
Webster Financial shares gained 0.5% to close at $66.22 on Thursday.
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