Webster Financial Corp. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported total interest income of $211,432,000 compared to $198,160,000 a year ago. Net interest income was $185,259,000 compared to $173,340,000 a year ago. Income before income taxes was $81,505,000 compared to $75,439,000 a year ago. Net income was $57,660,000 compared to $51,812,000 a year ago. Earnings available to common shareholders was $55,501,000 or $0.60 per diluted share compared to $49,646,000 or $0.54 per diluted share a year ago. Revenues were $255.9 million, up from $246.6 million reported for the same period last year. Return on average tangible common shareholders' equity (non-GAAP) was 12.31% against 11.82% a year ago.

For the year, the company reported total interest income of $821,913,000 compared to $760,040,000 a year ago. Net interest income was $718,513,000 compared to $664,625,000 a year ago. Income before income taxes was $303,450,000 compared to $297,761,000 a year ago. Net income was $207,127,000 compared to $204,729,000 a year ago. Net income available to common shareholders was $198,423,000 or $2.16 per diluted share compared to $195,361,000 or $2.14 per diluted share a year ago.

For the quarter ended December 31, 2016, the company reported total net charge-offs of $6,105,000 compared to $11,802,000 a year ago.