Thu, Dec 18, 2014, 9:26 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

People's United Financial Inc. Message Board

  • mbagamers06 mbagamers06 Jul 16, 2010 12:12 PM Flag

    Conference Call

    I like it. Management recognizes the stock is extremly undervlued and hinted at a possible large buyback.

    If I was on the board I would take that 2.3 billion and buy back the stock and then take a loan out and buy the remaining shares and bring the company private. They can do an IPO again when the economy turns around and become very rich.

    Do the benchmarking for yourself. Take a look at NAL or WBS. Both are banks that pale in comparison since PBCT is located in the "gold coast" also known as Fairfield County. The recent acquisitions expand their reach in the gold coast where many of the CT residents work.

    They're doing everything right. There is no reason this stock should be trading under $20. Do the comparisons yourself and try to envision the earnings per share once they get rid of all the customer service centers and consolidate duplicate functions into one bank.

    My caclutations puts EPS potential is 300 a million a year in net income with these acuisitions and a rebounded economy.

    I'll buy more stock if this thing sits at these levels. Let's see if we see more executives purchase shares at these levels when the lockout expires.

    I would get your shares cheap why you can. Smart money will recognize the value we have here when they run the ratios and look where PBCT is positioned(not Florida or CA but in the gold coast in CT).

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
PBCT
14.92+0.09(+0.61%)Dec 18 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.