Webster Financial Corporation WBS Commercial Banking — Net Income
Discontinued — last reported Q3 '24
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Where this comes from
Reported directly by Webster Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
The official record: Webster Financial Corporation’s 10-Q, filed November 8, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Webster Financial Corporation's commercial banking — net income?
- Webster Financial Corporation (WBS) reported commercial banking — net income of $172.94M in Q3 2024.
- How has Webster Financial Corporation's commercial banking — net income changed year-over-year?
- Webster Financial Corporation's commercial banking — net income decreased by 12.4% year-over-year, from $197.39M to $172.94M.
- What is the long-term trend for Webster Financial Corporation's commercial banking — net income?
- Over 2 years (2021 to 2023), Webster Financial Corporation's commercial banking — net income has grown at a 47.5% compound annual growth rate (CAGR), from $392.24M to $852.95M.
- What does commercial banking — net income mean?
- The final profit of the commercial banking division after all expenses and taxes are paid.
- How do you interpret commercial banking — net income?
- An increase is a positive indicator of the segment's ability to generate value for shareholders, while a decrease indicates reduced profitability.
- How does commercial banking — net income compare across companies?
- The primary metric for comparing segment performance across the banking industry.