With robust fundamentals and long-term growth opportunities, People's United (PBCT) appears a solid bet now.
People's United Financial (PBCT) scheduled to report third-quarter 2017 results on Oct 19.
People's United (PBCT) witnessed a rise in its loans and deposits but expenses flared up.
People's United Financial, Inc. (PBCT) is scheduled to report second-quarter 2017 results on Jul 20.
Consecutive Fed rate hikes, along with the recent approval of Financial Choice Act, have led banking stocks to rally. People's United Financial, Inc. (PBCT) is one such stock.
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.
Last month, the Federal Reserve Bank approved People’s United Financial, Inc.’s acquisition of Suffolk Bancorp. As part of its approval, the Fed quadrupled its review threshold for banking M&A transactions from $25B to $100B in combined assets, opening the door for a flurry of banking M&A.
People's United Financial Inc.'s (PBCT) first-quarter 2017 operating earnings of 22 cents per share were in line with the Zacks Consensus Estimate. The reported figure was up 4.8% year over year from 21 cents.
People's United Financial, Inc. (PBCT) recently announced the completion of Suffolk Bancorp acquisition. The company entered into this deal with a view to expand its footprint in New York.
On Mar 27, we issued an updated research report on People???s United Financial, Inc. (PBCT). The company has benefitted from its inorganic growth strategy over time. Also, its organic growth has been impressive.
The Federal Reserve made it easier for big banks to merge by changing the threshold size of the combined entity. Will this lead to a rise in merger deals in the banking industry?
People's United Financial, Inc. (PBCT), a well diversified financial services company, recently received approval from the Federal Reserve to acquire Suffolk Bancorp (SCNB). The all-stock deal was announced in Jun 2016.
Federal Reserve Board announces approval of application by People's United Financial, Inc.
People's United Financial Inc.'s (PBCT) fourth-quarter 2016 operating earnings of 24 cents per share were in line with the Zacks Consensus Estimate. The reported figure was up 9.1% year over year from 22 cents.
Washington Federal (WAFD) reported first-quarter fiscal 2017 (ended Dec 31) earnings beat the Zacks Consensus Estimate by a penny. However the company's shares fell 3.4% following the earnings release.
With the focus on opportunistic acquisitions and growing deposit and loan balances, People's United Financial, Inc. (PBCT) appears a promising buying opportunity now.
The Fed rate hike in Dec 2016, along with the Trump effect, has led banking stocks to rally. People's United Financial, Inc. (PBCT) is one such stock.