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earnings
Format: PDF earnings
Webster Financial Corporation reported second quarter 2023 results with deposit growth of 6.2% and an efficiency ratio of 42%, alongside merger-related charges of $40.8 million pre-tax. The Northeast-based bank operates 200+ financial centers serving consumers and small businesses, supported by an online platform and specialized treasury services. Capital metrics remained strong with a CET1 ratio of 10.7% and total capital to equity of 7.23%.
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