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MarketScreener Homepage  >  Equities  >  Nasdaq  >  People's United Financial, Inc.    PBCT

PEOPLE'S UNITED FINANCIAL, INC.

(PBCT)
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People's United: 3Q Earnings Snapshot

10/22/2020 | 04:21pm EST

BRIDGEPORT, Conn. (AP) _ People's United Financial Inc. (PBCT) on Thursday reported third-quarter net income of $144.6 million.

On a per-share basis, the Bridgeport, Connecticut-based company said it had profit of 34 cents.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.

The holding company for People's United Bank posted revenue of $537.9 million in the period. Its adjusted revenue was $492.5 million, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $498.6 million.

People's United shares have dropped 33% since the beginning of the year, while the Standard & Poor's 500 index has risen roughly 7%. In the final minutes of trading on Thursday, shares hit $11.31, a decline of 32% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBCT at https://www.zacks.com/ap/PBCT

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

All news about PEOPLE'S UNITED FINANCIAL, INC.
11/10PEOPLE'S UNITED FINANCIAL, INC. : Regulation FD Disclosure, Financial Statements..
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11/09PEOPLE UNITED FINANCIAL : Investor Presentation, November 2020
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11/06PEOPLE UNITED FINANCIAL : UNITED FINANCIAL, INC. Management's Discussion and Ana..
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11/03PEOPLE'S UNITED FINANCIAL, INC. : Other Events, Financial Statements and Exhibit..
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11/02PEOPLE'S UNITED BANK : Completes Sale of People's United Insurance Agency to Ass..
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10/30PEOPLE'S UNITED FINANCIAL, INC. : Ex-dividend day for
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10/23PEOPLE'S UNITED FINANCIAL, INC. : Results of Operations and Financial Condition,..
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10/23PEOPLE UNITED FINANCIAL : Reports Third Quarter Net Income of $144.6 Million, or..
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10/23PEOPLE UNITED FINANCIAL : Schedules Conference Call to Review Third Quarter 2020..
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10/22PEOPLE UNITED FINANCIAL : 3rd Quarter 2020 Conference Call
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More news
Financials (USD)
Sales 2020 2 044 M - -
Net income 2020 530 M - -
Net Debt 2020 - - -
P/E ratio 2020 10,4x
Yield 2020 5,54%
Capitalization 5 445 M 5 445 M -
Capi. / Sales 2020 2,66x
Capi. / Sales 2021 2,84x
Nbr of Employees 6 305
Free-Float 79,1%
Chart PEOPLE'S UNITED FINANCIAL, INC.
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People's United Financial, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends PEOPLE'S UNITED FINANCIAL, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 12,35 $
Last Close Price 12,99 $
Spread / Highest target 7,78%
Spread / Average Target -4,96%
Spread / Lowest Target -19,2%
EPS Revisions
Managers
NameTitle
John P. Barnes Chairman & Chief Executive Officer
Jeffrey J. Tengel President
R. David Rosato Chief Financial Officer & Senior Executive VP
Janet M. Hansen Independent Director
Collin P. Baron Independent Director
Sector and Competitors