|Bid||16.34 x 2900|
|Ask||16.35 x 1800|
|Day's Range||16.15 - 16.56|
|52 Week Range||13.66 - 19.00|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||12.49|
|Earnings Date||Oct 17, 2019|
|Forward Dividend & Yield||0.71 (4.31%)|
|1y Target Est||17.40|
People's United (PBCT) delivered earnings and revenue surprises of 0.00% and 1.24%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
BRIDGEPORT, Conn. , July 18, 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 Board of Directors Approves Share Repurchase Program - Announced the acquisition of United Financial Bancorp on July 15th. - Return on average assets of 1.04 ...
NEW YORK, July 17, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased United Financial Bancorp, Inc..
NEW YORK , July 16, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of United Financial Bancorp, Inc. ("UBNK" ...
The bank to be acquired has over 20 locations in Massachusetts, including five in the Worcester area.
While People's United's (PBCT) Q2 top and bottom lines are anticipated to rise year over year, escalating expenses might impede revenue growth to some extent.
People's United Financial Inc said on Monday it would buy United Financial Bancorp Inc , the holding company for United Bank, for about $743 million in stock. Shares of United Financial were up 4% at $14.58 per share in extended trading. Shareholders of United Financial will receive 0.875 shares of People's United stock for each share they hold, valuing the company at $14.53 on a per-share basis based on Monday's close.
People's United Financial Inc. said late Monday it agreed to acquire United Financial Bancorp Inc. for about $759 million in stock. People's United shares declined 1.3% after hours following a 1.4% decline to finish the regular session at $16.61. United Financial shares were halted prior to the announcement following a 0.6% decline to close at $14.02. The deal values United Financial shares at $14.74, or at a 5% premium to Monday's close. People's United said it expects to close the deal in the fourth quarter.
BRIDGEPORT, Conn., July 15, 2019 /PRNewswire/ -- People's United Financial, Inc. (PBCT), the holding company for People's United Bank, N.A., announced today an agreement to acquire United Financial Bancorp, Inc. (UBNK), the holding company for United Bank, in a 100% stock transaction valued at approximately $759 million. Completion of the transaction is subject to customary closing conditions, including receipt of regulatory approvals and the approval of United Financial Bancorp, Inc. shareholders. "We are excited to welcome United Bank to People's United," said Jack Barnes, Chairman and CEO, People's United Financial.
BRIDGEPORT, Conn., July 11, 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 served as Lead Arranger and Administrative Agent for an $80 million Senior Secured Credit Facility to Invesque, Inc., (IVQ-U.TO), a healthcare real estate company focused on the opportunity created by the global aging demographic trend. The facility will be used to refinance existing debt associated with the four senior living facilities in Eastern Pennsylvania and Southern New Jersey. The properties are owned via a Joint Venture agreement between Invesque and Heritage Senior Living, a developer and property manager for senior housing communities in the Mid-Atlantic.
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.
People's United Financial Inc NASDAQ/NGS:PBCTView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for PBCT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $5.18 billion over the last one-month into ETFs that hold PBCT are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) could get a new addition next year and it very could be International Business Machines Corp. (NYSE: IBM), a member of the Dow Jones Industrial Average. ...
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does People's United (PBCT) have what it takes? Let's find out.
Could People's United Financial, Inc. (NASDAQ:PBCT) be an attractive dividend share to own for the long haul...
BRIDGEPORT, Conn., June 12, 2019 /PRNewswire/ -- People's United Financial, Inc. (PBCT) announced today it will host a conference call to discuss its second quarter 2019 results on Thursday, July 18, 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 $48 billion in assets.
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
In 2010 Jack Barnes was appointed CEO of People's United Financial, Inc. (NASDAQ:PBCT). This analysis aims first to...