Waterbury-based Webster Financial Corp., the holding company for Webster Bank, has recorded a first quarter 2008 net income of $24.4 million, down from $35 million a year ago.
The results of the quarter include a loss of $2.1 million from discontinued operations tied to the sale of Webster Insurance on Feb. 1. Webster’s total revenue fell slightly in the first quarter to $172.7 million from $175.4 million for the same period last year.
