Webster Financial Corporation (WBS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and are subject to the Safe Harbor rules. Please review the forward-looking disclaimer in Safe Harbor language in today's press release and presentation for more information about risks and uncertainties which may affect us. The presentation accompanying management's remarks can be found on the company's investor relations site at investors.websterbank.com. For the Q&A portion of the call, we ask that each participant ask just one question and one follow-up before returning to the queue. I'll now turn it over to Webster Financial's CEO and Chairman, John Ciullo. Thanks, Emlyn. Good morning and welcome to Webster Financial Corporation's second quarter 2025 earnings call. We appreciate you joining us this morning. I'm going to start with a recap of our results and the competitive positioning that drives them. Our President and Chief Operating Officer, Luis Maciani, is going to provide an update on exciting developments in our operating segments, and our CFO, Neil Holland, will provide additional detail on financials before my closing remarks and Q&A. Highlights for the second quarter are provided on slide two of our earnings presentation. Our results were solid, with a return on tangible common equity of 18%, ROA of nearly 1.3%, and growth in both loans and deposits of over 1% in quarter. Overall revenue grew 1.6% over the prior quarter. Our financial results put our company on a trajectory to meet the outlook we established in January, despite a less certain macroeconomic picture at points in the first half of the year. We achieved this outcome while maintaining our strong operating position and balance sheet flexibility. Our common equity tier one ratio increased, and our loan-to-deposit ratio remained roughly flat. With our strong capital position and new capital ge...