SECOND-QUARTER 2022 BANK EARNINGS IN REVIEW

Navigating the Sharpest Fed Tightening Cycle Since Volcker

KBRA Financial Institutions Group analysts John Rempe, Director, and Leah Hallfors, Senior Director, cover the key takeaways of 2Q22 financial results, share insights on how the industry is navigating the sharp increase in interest rates so far in 2022, the outlook for bottom-line returns, and examine key topics and trends that are top-of-mind, in view of the uncertain economic environment. The ninth episode of Bank Compendium Insights highlights:

1. Earnings Performance: Bank ROA and NIM results and trends in a higher interest rate environment

2. Capital: Core capital trends and reduced capital cushions

3. Asset Quality: A position of strength despite recession risks

4. Developments in the deposit space

5. ESG Bulletin Spotlight – Univest Financial Corporation and industry developments in ESG