Webster Bank Sees Growth in HSAs
Webster Financial Corporation, the holding company for Webster Bank and its HSA Bank division, had earnings of $88.1 million, or $0.96 per diluted share, for the quarter ending Dec. 31, 2019.
Webster Financial Corporation, the holding company for Webster Bank and its HSA Bank division, had earnings of $88.1 million, or $0.96 per diluted share, for the quarter ending Dec. 31, 2019.
East Boston Savings Bank’s fourth quarter net income increased a record 38 percent compared to the fourth quarter of 2018, the company reported this week.
The parent company of Medford-based Century Bank had record earnings for the year of 2018.
Keller Williams is No. 1 in units and sales volume in the U.S., the company announced yesterday.
The strengthening economy has bank customers on the hunt for higher returns and is forcing banks to raise rates in order to protect deposits.
In an activity-packed quarter that included a major acquisition, a stock offering, the relocation of its headquarters to Boston and the passing of the $10 billion asset threshold, Berkshire Hills Bancorp continued to produce major earnings growth.
Earnings at Medford-based Century Bancorp Inc. shot up in the second quarter; the company boasted record net income totaling $14.25 million for the first six months of the year, a 23.4 percent increase from this time last year.