Recent

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

People's United Financial Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • homersaidthestockwouldgoup homersaidthestockwouldgoup Jun 24, 2012 6:50 PM Flag

    PBCT IS ONE BIG DOGPILE OF .....

    If and when the consolidations start PBCT and WBS and FNFG will all be acquisition targets for larger Regionals who want a foothold in New England. All the banks are doing this musical chairs thing, nobody wants to merge yet, but sooner or later the music will stop and some bank will find itself without a chair. Could be tomorrow or it could be two years away, but the wave is coming.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Now why would a management team do this "musical chairs thing"?
      Wouldn't be self interest would it?
      Because it sure as hell isn't in the broader stockholders best interest.

      • 1 Reply to titty_fkr
      • homersaidthestockwouldgoup homersaidthestockwouldgoup Jul 2, 2012 11:40 PM Flag

        They all have the same problem, top line can't grow because of the economy and there's too many banks; expenses are going up thanks to Dodd Franks; capital requirements are going up, which reduces lending, hence even less interest income for the top line. The pressure is building, soon the regionals with high expense ratios will be easy prey, buy the bank, cut the back room and poof! an improved profit picture. Look at FNG acquisition of that New Haven bank last year. Gives the shareholders a quick gain but that's it. It's gonna be like the mid-90's all over again.

    • We will have go through 4 more years of a failed experiment from a community organizer who is leading us to self destruction.

      Sorry for the political rant.
      Aggravated with politics, wall street, and government. The doom and gloomers of a one world government, world bank, common money, I always laughed at them. Not any more.

      So many want 12 chickens cooking in the post, a government hand out, and redistribution of wealth. Sounds like Marxism?

      The main theme for the post:
      PBCT GET YOUR BACKSIDES IN GEAR. ALL BOARD TAKE A PAY CUT GET PAY FOR PERFORMANCE.

 
PBCT
15.15-0.07(-0.46%)Apr 24 4:00 PMEDT