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Webster Financial sees Fy23 loan growth 4%-6%, core deposit growth 8%-10%

Sees FY23 NII $2.35B-$2.375B non-FTE, excluding accretion. Sees FY23 non-interest income $355M-$365M, with adjusted expenses $1.2B-$1.225B and an efficiency ratio 40%-42%. The firm’s long-term CET1 capital ratio target is 10.5%. Comments taken from Q2 earnings conference call presentation slides.

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