|Day's Range||1.2500 - 1.2500|
BRIDGEPORT, Conn., Nov. 19, 2019 /PRNewswire/ -- People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (PBCT), announced its Commercial Real Estate and Capital Markets Divisions provided a $64 million Construction Facility to Roseland Residential Trust, a subsidiary of Mack-Cali Realty Corporation. Roseland is an owner, manager and developer of luxury lifestyle-oriented multi-family and mixed-use properties in select waterfront and transit-oriented markets throughout the Northeast. The Facility provides Roseland with capital to construct a 195-unit luxury residential development with a 391 space parking garage in Short Hills, New Jersey, increasing their market-share and supporting economic and community growth locally and state-wide.
People's United (PBCT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The recent acquisition of SBC Incorporated reflects Wintrust Financial's (WTFC) efforts to strengthen its footprint in the western suburbs of the Chicago metropolitan area.
The recent acquisition of United Financial Bancorp will likely be conducive to People's United (PBCT) bottom-line growth. Further, the buyout reflects the company's efforts to fortify its footprint.
BRIDGEPORT, Conn., Nov. 1, 2019 /PRNewswire/ -- People's United Financial, Inc. (PBCT) the holding company for People's United Bank, N.A., announced today that it has completed its acquisition of United Financial Bancorp, Inc. (UBNK). "We are excited to welcome the loyal customers and talented employees of United Bank to People's United, and look forward to strengthening our existing relationships, and to building new ones across Central Connecticut and Western Massachusetts," said Jack Barnes, Chairman and Chief Executive Officer, People's United Financial.
BRIDGEPORT, Conn., Oct. 30, 2019 /PRNewswire/ -- People's United Bank, N.A. (PBCT), today announced that Patrick Donnelly has been appointed Senior Vice President, Nonprofit Banking. Donnelly will be based at the Bank's 250 Park Avenue, New York City location, and be responsible for strategy development, sales and relationship management covering New York, New Jersey and the Philadelphia metro-area. Donnelly joins People's United Bank from Citizens Bank, where he led a team responsible for driving new business focused on healthcare, education and not-for-profit organizations.
We'd be surprised if People's United Financial, Inc. (NASDAQ:PBCT) shareholders haven't noticed that the Lead...
People's United's (PBCT) third-quarter 2019 earnings reflect top-line strength, partially offset by elevated expenses and contraction of margins.
People's United (PBCT) delivered earnings and revenue surprises of 3.03% and -0.18%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
BRIDGEPORT, Conn. , Oct. 17, 2019 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today announced that its Board of Directors declared a quarterly cash dividend of $0.3515625 per share on ...
Operating Earnings of $0.34 per Common Share - Return on average assets of 1.05 percent and return on average tangible common equity of 14.0 percent. - Net interest margin of 3.12 percent was unchanged ...
While People's United's (PBCT) Q3 revenues and earnings are likely to have risen year over year, escalating expenses might have impeded revenue growth to some extent.
BRIDGEPORT, Conn. , Oct. 15, 2019 /PRNewswire/ -- People's United Bank , N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), announced its Healthcare Finance and Capital Markets Divisions ...
The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
People's United (PBCT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The big shareholder groups in People's United Financial, Inc. (NASDAQ:PBCT) have power over the company. Institutions...
BRIDGEPORT, Conn., Sept. 18, 2019 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (PBCT), has expanded its Commercial Specialty Business with the formation of a dedicated Lender Finance team. The team will be led by Patrick Lee, Managing Director, Head of Lender Finance, Asset-Based Lending, and be an extension of the Bank's existing Asset-Based Lending group. The team will work with non-bank lender finance companies nationally to provide tailored solutions of $10MM or more to help them achieve their near and long-term growth objectives.
BRIDGEPORT, Conn., Sept. 17, 2019 /PRNewswire/ -- People's United Financial, Inc. (PBCT) announced today it will host a conference call to discuss its third quarter 2019 results on Thursday, October 17, 2019 at 5 p.m. EDT, following the release of results at approximately 4 p.m. This call will be broadcast live through the company's investor relations website peoples.com/investors. People's United Bank, N.A. is a subsidiary of People's United Financial, Inc., a diversified, community-focused financial services company headquartered in the Northeast with more than $51 billion in assets.
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
BRIDGEPORT, Conn., Aug. 28, 2019 /PRNewswire/ -- People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (PBCT), announced its Healthcare Finance and Capital Markets Divisions provided a $92 million Credit Facility to MidCap Financial ("MidCap"), a middle market-focused, specialty finance firm that provides senior debt solutions to companies across all industries. The Facility provides a "bridge" enabling MidCap to deliver fast execution and loan closings to borrowers who seek long-term permanent mortgage financing with a HUD, Freddie Mac or Fannie Mae loan, which can take a number of months to obtain approval and close. The Facility extends maturity of an existing Syndicated Line of Credit provided to MidCap in 2017, for which People's United served as Lead Arranger, and included multiple service offerings for the borrower.
The simplest way to benefit from a rising market is to buy an index fund. While individual stocks can be big winners...