January 18, 2018 / 1:43 PM / 9 months ago

BRIEF-Webster Financial Records 1-Time Revaluation Adjustment To Net Deferred Tax Assets Of About $20.9 Mln

Jan 18 (Reuters) - Webster Financial Corp:

* WEBSTER FINANCIAL SAYS RECORDED 1-TIME REVALUATION ADJUSTMENT TO NET DEFERRED TAX ASSETS DURING QUARTER ENDED DEC 31, 2017 OF ABOUT $20.9 MILLION - SEC FILING

* WEBSTER FINANCIAL-NET EFFECT OF REDUCTION IN DEFERRED TAX ASSETS, CHANGE IN STATE DEFERRED TAX ASSETS IS EXPECTED NET BENEFIT OF ABOUT $7.8 MILLION IN Q4 Source text: (bit.ly/2Dqs5gk) Further company coverage:

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