Webster Financial Q2 2022 Earnings Conference Call

Webster Financial Corporation reported second quarter 2022 adjusted results with strong loan growth across diverse segments and an efficiency ratio of 45% as merger synergies materialize. The bank maintains a well-positioned balance sheet with 59% of the loan portfolio on floating or periodic rates and a CET1 ratio of 11.0%. Merger integration is progressing on schedule with expectations for 8-10% loan growth and $60 million in expense savings for 2022.