(:PBCT)

Apr 02, 2022 07:09 am ET
M&T Bank Corporation Completes Acquisition of People's United Financial, Inc.
Combined company creates a $200 billion banking franchise serving communities in the Northeast and Mid-Atlantic from Maine to Virginia and Washington, D.C.
Mar 29, 2022 06:43 pm ET
Camden Property Trust Set to Join S&P 500; Matador Resources to Join S&P MidCap 400; Vir Biotechnology to Join S&P SmallCap 600
NEW YORK, March 29, 2022 /PRNewswire/ -- S&P MidCap 400 constituent Camden Property Trust (NYSE: CPT) will replace People's United Financial Inc. (NASD: PBCT) in the S&P 500, S&P SmallCap 600 constituent Matador Resources Co. (NYSE: MTDR) will replace Camden Property Trust in the S&P MidCap 400 and Vir Biotechnology, Inc. (NASD: VIR) will replace Matador Resources in the S&P SmallCap 600 effective prior to the opening of trading on Monday, April 4.  S&P 500 constituent M&T Bank Corp. (NYSE: MTB) is acquiring People's United Financial in a deal expected to be compl
Mar 04, 2022 07:23 pm ET
M&T Bank Corporation Receives Regulatory Approval from the Board of Governors of the Federal Reserve System for Merger with People's United Financial, Inc.
BRIDGEPORT, Conn., March 4, 2022 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") announced today receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced acquisition of People's United by M&T Bank Corporation (NYSE: MTB) ("M&T").
Mar 04, 2022 04:55 pm ET
M&T Bank Corporation Receives Regulatory Approval from the Board of Governors of the Federal Reserve System for People's United Merger
BUFFALO, N.Y., March 4, 2022 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) ("M&T") announced today receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced acquisition of People's United Financial, Inc. (NASDAQ: PBCT) ("People's United"). The transaction has also received approval from both the New York State Department of Financial Services and the Connecticut Department of Banking. No further regulatory approvals are required. The merger is expected to be completed in accordance with the law and the agreement.
Feb 18, 2022 03:23 pm ET
M&T Bank Corporation and People's United Financial, Inc. Extend Merger Agreement
BUFFALO, N.Y. and BRIDGEPORT, Conn., Feb. 18, 2022 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) ("M&T") and People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") jointly announced today that the two companies have agreed to extend their merger agreement from February 21, 2022 to June 1, 2022.
Feb 14, 2022 10:19 am ET
People's United Bank Provides $89.6 Million in Credit Facilities to CCO, LLC
BRIDGEPORT, Conn., Feb. 14, 2022 /PRNewswire/ -- People's United Bank, N.A. (NASDAQ: PBCT), announced that it served as Lead Arranger, Book Runner and Administrative Agent for several credit facilities totaling $89.6 Million to Rocky Hill, CT-based CCO, LLC, and its associated entities.   The senior revolving and term loan facilities will be used to refinance existing debt, acquire twelve sites in CT, support future site acquisitions and provide working capital.  CCO and its subsidiaries acquire, supply and operate gas stations and convenience stores under the trade names Sam's Food Stores,
Jan 26, 2022 10:47 am ET
People's United Bank Provides Mortgage Financing for Atlantis Management Group
BRIDGEPORT, Conn., Jan. 26, 2022 /PRNewswire/ -- People's United Bank, N.A. (NASDAQ: PBCT), announced that it served as Lead Arranger and Administrative agent for a credit facility for Atlantis Management Group, a Mt. Vernon, New York headquartered motor fuel distributor and owner and operator of a large network of gasoline service stations, quick serve restaurants and convenience store sites. The facility will be used to support the continued growth of the company, including the funding of new acquisitions.
Jan 20, 2022 03:15 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., Jan. 20, 2022 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, subject to and conditioned upon the effective time of the merger between the Company and M&T Bank Corporation not occurring prior to the close of business on March 1, 2022. The dividend is payable on March 15, 2022, to shareholders of record at the close of business on March 1, 2022.
Jan 20, 2022 03:00 pm ET
People's United Financial Reports Fourth Quarter Net Income of $149.9 Million, or $0.34 per Common Share
BRIDGEPORT, Conn., Jan. 20, 2022 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the fourth quarter and full year of 2021. These results along with comparison periods are summarized below:
Jan 13, 2022 03:00 pm ET
PEOPLE'S UNITED FINANCIAL TO RELEASE FOURTH QUARTER AND FULL-YEAR 2021 EARNINGS RESULTS
BRIDGEPORT, Conn., Jan. 13, 2022 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will release its fourth quarter and full-year 2021 earnings results on Thursday, January 20, 2022, at approximately 4 p.m. EST.
Nov 05, 2021 04:01 pm ET
People's United Financial, Inc. Announces Annual Shareholders Meeting Date
BRIDGEPORT, Conn., Nov. 5, 2021 /PRNewswire/ -- People's United Financial, Inc. (the "Company") (NASDAQ: PBCT), the holding company for People's United Bank, N.A., announced today that the Annual Meeting of Shareholders (the "2021 Annual Meeting") will be held on Thursday, December 16, 2021, at 2:00 p.m. The close of business on November 16, 2021, has been set as the record date for determination of shareholders entitled to notice of, and to vote at, the 2021 Annual Meeting.
Oct 21, 2021 04:16 pm ET
M&T Bank Corporation Receives Approval From New York State Department of Financial Services and Connecticut Department of Banking for the Merger of M&T Bank and People's United Bank
BUFFALO, N.Y., Oct. 21, 2021 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) ("M&T") announced today that it has received approval from the New York State Department of Financial Services and the Connecticut Department of Banking to complete the merger of M&T Bank with People's United Bank.  
Oct 21, 2021 04:15 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., Oct. 21, 2021 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, subject to and conditioned upon the effective time of the merger between the Company and M&T Bank Corporation not occurring prior to the close of business on December 1, 2021. The dividend is payable on December 15, 2021 to shareholders of record at the close of business on December 1, 2021.
Oct 21, 2021 04:01 pm ET
People's United Financial Reports Third Quarter Net Income of $139.7 Million, or $0.32 per Common Share
BRIDGEPORT, Conn., Oct. 21, 2021 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the third quarter of 2021. These results along with comparison periods are summarized below:
Oct 08, 2021 04:01 pm ET
People's United Financial To Release Third Quarter 2021 Earnings Results
BRIDGEPORT, Conn., Oct. 8, 2021 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will release its third quarter earnings results on Thursday, October 21, 2021, at approximately 4 p.m. EDT.
Jul 26, 2021 12:59 pm ET
M&T Bank Corporation and People's United Provide Update on Pending Merger
BUFFALO, N.Y. and BRIDGEPORT, Conn., July 26, 2021 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) ("M&T") and People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") today issued an update on their pending merger to create a diversified, community-focused banking franchise. Last week, M&T issued Worker Adjustment and Retraining Notification (WARN) in two states, Connecticut and Vermont. The majority of the reductions would be effective in 2022.
Jul 15, 2021 04:30 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., July 15, 2021 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock. The dividend is payable on September 15, 2021 to shareholders of record at the close of business on September 1, 2021.
Jul 15, 2021 04:01 pm ET
People's United Financial Reports Second Quarter Net Income of $170.8 Million, or $0.39 per Common Share
BRIDGEPORT, Conn., July 15, 2021 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the second quarter of 2021. These results along with comparison periods are summarized below:
Apr 20, 2021 09:00 am ET
Virtusa Partners with People’s United Bank to Launch New Customer-Decisioning Hub with Virtusa’s vEngage
Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services and solutions today announced that People’s United Bank is leveraging its vEngage solution built on Pega Customer Decision Hub™ and Adobe Experience...
Apr 05, 2021 03:42 pm ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates WIFI, WSFS, PTVCA, PBCT; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Boingo Wireless, Inc. (NASDAQ: WIFI) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...
Mar 12, 2021 03:13 pm ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Buyout Investigation
Rigrodsky Law, P.A. announces that it is investigating: ProSight Global, Inc. (NYSE: PROS) regarding possible breaches of fiduciary duties and other violations of law related to ProSight’s agreement to be acquired by affiliates of TowerBrook...
Mar 04, 2021 12:46 pm ET
ALERT: Halper Sadeh LLP Investigates CLGX, CATM, MDCA, PBCT; Shareholders Are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: CoreLogic, Inc. (NYSE: CLGX) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its...
Feb 24, 2021 07:34 pm ET
PEOPLE'S UNITED INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of People's United Financial, Inc. - PBCT
NEW ORLEANS, Feb. 24, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of People's United Financial, Inc. (NasdaqGS: PBCT) to M&T Bank Corporation (NYSE: MTB). Under the terms of the proposed transaction, shareholders of People's United will receive only 0.118 of a share of M&T for each share of People's United that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration underv
Feb 23, 2021 07:00 am ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates the Following Companies on Behalf of Shareholders - CTB, PBCT, HMSY, NK, SPWH
NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Feb 22, 2021 06:00 pm ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of People’s United Financial, Inc. Merger
Rigrodsky Law, P.A. announces that it is investigating People’s United Financial, Inc. (“People’s United”) (NASDAQ GS: PBCT) regarding possible breaches of fiduciary duties and other violations of law related to People’s United’s agreement to be...
Feb 22, 2021 03:32 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Investigates People's United Financial, Inc.
NEW YORK, Feb. 22, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of People's United Financial, Inc. ("People's United" or the "Company") (NASDAQ: PBCT) in connection with the proposed acquisition of the Company by M&T Bank Corporation ("M&T") (NYSE: MTB).  Under the terms of the merger agreement, People's United shareholders will receive 0.118 of a share of M&T common stock for each People's United share they own, representing implied per-share merger consideration of $17.70 based upon
Feb 22, 2021 03:30 pm ET
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of People's United Financial, Inc.
NEW YORK, Feb. 22, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by People's United Financial, Inc. (NASDAQ: PBCT) and its board of directors concerning the proposed acquisition of the company by M&T Bank Corporation (NYSE: MTB). Stockholders will receive 0.118 shares of M&T Bank common stock for each share of People's United Financial stock that they hold. The transaction is valued at approximately $7.6 billion and is expected to close in the fourth quarter of 2021.
Feb 22, 2021 01:09 pm ET
People’s United Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of People’s United Financial, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the
Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of People’s United Financial, Inc. (NASDAQ: PBCT) to M&T Bank Corporation is fair to People’s United shareholders. Under the merger agreement, People’s United shareholders will receive 0.118 of a share of M&T common stock for each People’s United share they own.
Feb 22, 2021 10:33 am ET
Shareholder Alert: Ademi LLP Investigates whether People's United Financial, Inc. has obtained a Fair Price in its transaction with M&T Bank
MILWAUKEE, Feb. 22, 2021 /PRNewswire/ -- Ademi LLP is investigating People's United (NYSE: PBCT) for possible breaches of fiduciary duty and other violations of law in its transaction with M&T.
Feb 22, 2021 08:11 am ET
(PBCT): Johnson Fistel Investigates the Proposed Sale of People's United; Are Shareholders Getting a Fair Deal?
SAN DIEGO, Feb. 22, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") breached their fiduciary duties in connection with the proposed sale of the Company to M&T Bank Corporation (NYSE: MTB) ("M&T").  
Feb 22, 2021 06:00 am ET
M&T Bank Corporation Announces Agreement to Acquire People's United Financial, Inc.
BUFFALO, N.Y. and BRIDGEPORT, Conn., Feb. 22, 2021 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) ("M&T") and People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") announced today that they have entered into a definitive agreement under which M&T will acquire People's United in an all-stock transaction.
Feb 18, 2021 09:43 am ET
People's United Bank Appoints Stephen Hoffman, Managing Director Utilities, Power and Renewable Energy, Corporate Banking
BRIDGEPORT, Conn., Feb. 18, 2021 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT) today announced that Stephen Hoffman was appointed Managing Director, Utilities, Power and Renewable Energy, Corporate Banking. The newly formed Corporate Banking specialization will focus on clients both public and private that build, own, and operate energy infrastructure. People's United's focus on renewable energy is a part of their commitment to be a part of and support the major transition toward clean power that is underway in the country's energy
Feb 12, 2021 11:03 am ET
People's United Bank Recognized by Greenwich Associates with Awards for Best Brand and Cash Management Excellence in Middle Market Banking
BRIDGEPORT, Conn., Feb. 12, 2021 /PRNewswire/ -- People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), has been recognized by Greenwich Associates, a leading global provider of market intelligence and advisory services to the banking industry, with three awards for its 2020 performance in serving middle market customers. This recognition includes a national achievement in being selected as a Best Brand for Ease of Doing Business, as rated by customers for the Bank's unique approach to relationship banking across their Northeast footprint. People's United
Feb 01, 2021 10:32 am ET
People's United Advisors Expands Wealth Team; Appoints Tom Ehrhardt as Senior Vice President and Head of Private Banking
BRIDGEPORT, Conn., Feb. 1, 2021 /PRNewswire/ -- People's United Advisors (PUA), the registered investment adviser of People's United Bank (NASDAQ: PBCT), today announced the appointment of Tom Ehrhardt as Senior Vice President and Head of Private Banking. Ehrhardt will be responsible for oversight, expansion, and revenue growth for the lending, deposit, and asset management segments of PUA.
Jan 21, 2021 03:30 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., Jan. 21, 2021 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on March 15, 2021 to shareholders of record at the close of business on March 1, 2021.
Jan 21, 2021 03:15 pm ET
People's United Financial Reports Fourth Quarter Net Income of $207.7 Million, or $0.49 per Common Share
BRIDGEPORT, Conn., Jan. 21, 2021 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the fourth quarter and full year 2020. These results along with comparison periods are summarized below:
Dec 22, 2020 09:07 am ET
People's United Financial Schedules Conference Call To Review Fourth Quarter And Full-year 2020 Results
BRIDGEPORT, Conn., Dec. 22, 2020 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its fourth quarter and full-year 2020 results on Thursday, January 21, 2020 at 5 p.m. EST, following the release of results at approximately 4 p.m.
Dec 21, 2020 11:59 am ET
People's United Bank Charitable Foundations Award More Than $3.95 Million In 2020
BRIDGEPORT, Conn., Dec. 21, 2020 /PRNewswire/ -- The People's United Community Foundation (PUCF) and People's United Community Foundation of Eastern Massachusetts (PUCF of Eastern MA), the philanthropic arms of People's United Bank, N.A. (NASDAQ: PBCT), announced that it has awarded more than $3.95 million to over 600 non-profit organizations in 2020.
Nov 02, 2020 03:01 pm ET
People's United Bank Completes Sale of People's United Insurance Agency to AssuredPartners
BRIDGEPORT, Conn., Nov. 2, 2020 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT) announced today that it has completed the sale of People's United Insurance Agency to AssuredPartners. The transaction was announced on September 22, 2020.
Oct 22, 2020 04:15 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
Oct 22, 2020 04:01 pm ET
People's United Financial Reports Third Quarter Net Income of $144.6 Million, or $0.34 per Common Share
BRIDGEPORT, Conn., Oct. 22, 2020 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the third quarter 2020. These results along with comparison periods are summarized below:
Jul 23, 2020 04:15 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., July 23, 2020 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on September 15, 2020 to shareholders of record at the close of business on September 1, 2020.
Jul 23, 2020 04:01 pm ET
People's United Financial Reports Second Quarter Net Income of $89.9 Million, or $0.21 per Common Share
BRIDGEPORT, Conn., July 23, 2020 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the second quarter 2020. These results along with comparison periods are summarized below:
Jul 15, 2020 10:03 am ET
People's United Bank Appoints Jan Garvey SVP, Head of Treasury Management and Government Banking Products
BRIDGEPORT, Conn., July 15, 2020 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT) today announced that Jan Garvey was appointed SVP, Head of Treasury Management Products. In this role, Garvey will be responsible for product strategy development and innovation with a significant focus on identifying and analyzing industry trends, defining competitive positioning, and leveraging new technology to deliver products and services that increase market share and provide an exceptional customer experience. 
Jul 06, 2020 11:01 am ET
People's United Bank Launches AlwaysChecking, a Premium Digital Identity & Credit Protection Service Free for All Personal Checking Account Customers
BRIDGEPORT, Conn., July 6, 2020 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT) today announced the launch of AlwaysChecking, a premium digital identity and credit protection service offered in partnership with Experian, designed for customers to monitor their, and their families' digital identity from a single dashboard. AlwaysChecking is offered free exclusively to all personal checking account customers of the Bank, and for those opening a new account.
Jul 01, 2020 01:16 pm ET
People's United Bank Bolsters Suite of Treasury Management Technology with Integrated Payables and Invoice-to-Pay Solutions
BRIDGEPORT, Conn., July 1, 2020 /PRNewswire/ -- People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), has expanded its Treasury Management Payment offering, partnering with FIS and MineralTree to bring to market two best-in-class AP Automation solutions that will replace traditionally paper-based processes with simple, secure digital capabilities for Commercial Banking clients. These additions are part of People's United's strategy to augment the client experience through the continued expansion of personalized technology across business lines.
Jun 23, 2020 03:07 pm ET
People's United Financial Schedules Conference Call to Review Second Quarter 2020 Earnings Results
BRIDGEPORT, Conn., June 23, 2020 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its second quarter 2020 earnings results on Thursday, July 23, 2020 at 5 p.m. EDT, following the release of results at approximately 4 p.m.
Jun 02, 2020 02:45 pm ET
People's United Bank Appoints John Mast SVP, New York Market President
BRIDGEPORT, Conn., June 2, 2020 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT) today announced that John T. Mast was appointed SVP, Market President for New York. In this role, Mast will be responsible for the Bank's New York market, including Long Island, where People's United has 68 branch locations, focused on Commercial sales efforts, in addition to oversight of Retail Banking, Wealth Management and Insurance capabilities market-wide. Additionally, Mast and his team will continue to support local communities, investing in program
May 28, 2020 10:13 am ET
Small Business Owners Receive More than $2.5 Billion in Relief from People's United Bank Under Paycheck Protection Program
BRIDGEPORT, Conn., May 28, 2020 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT) today announced that is has registered and obtained approval for more than 16,000 Paycheck Protection Program (PPP) loans through the U.S. Small Business Administration (SBA), delivering more than $2.5 billion to business customers. These loans supported the paychecks of more than 250,000 employees across the Northeast.
Apr 29, 2020 07:31 pm ET
Equity Bancshares, Inc. Announces Greg Kossover as Chief Operating Officer, Craig Anderson as President, and Hire of Eric Newell as Chief Financial Officer
Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “we”, “us”, “our”), the Wichita-based holding company of Equity Bank, announced the hire of Eric R. Newell as Chief Financial Officer (“CFO”), as well as changes in roles among its senior...
Apr 28, 2020 02:22 pm ET
People's United Financial Changes Location of Annual Shareholder Meeting to Virtual Only Attendance
BRIDGEPORT, Conn., April 28, 2020 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT), today announced that the location of the previously announced 2020 Annual Meeting of Shareholders on May 21, 2020 at 10:00 AM EDT has been changed. People's United Financial has determined that due to federal, state, and local government protocols in place concerning the coronavirus (COVID-19), and to support the health and well-being of our shareholders, employees, Board and management, it will hold the 2020 Annual Meeting of Shareholders solely by remote communication, in a virtual meeting onl
Apr 23, 2020 04:15 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., April 23, 2020 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on June 15, 2020 to shareholders of record at the close of business on June 1, 2020.
Apr 23, 2020 04:01 pm ET
People's United Financial Reports First Quarter Net Income of $130.4 Million, or $0.30 per Common Share
BRIDGEPORT, Conn., April 23, 2020 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the first quarter 2020. These results along with comparison periods are summarized below:
Apr 02, 2020 12:51 pm ET
People's United Financial Schedules Conference Call To Review First Quarter 2020 Earnings Results
BRIDGEPORT, Conn., April 2, 2020 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its first quarter 2020 earnings results on Thursday, April 23, 2020 at 5 p.m. EDT, following the release of results at approximately 4 p.m.
Mar 24, 2020 10:03 am ET
People's United Bank Announces Initiatives to Support Individuals, Businesses and Communities Impacted by COVID-19
BRIDGEPORT, Conn., March 24, 2020 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), today announced support and relief initiatives for customers, communities, and businesses experiencing hardship as a result of COVID-19 that may include loss of work and business revenue, or increased requests for non-profit aid.
Nov 01, 2019 09:01 am ET
People's United Financial, Inc. Completes Acquisition of United Financial Bancorp, Inc.
BRIDGEPORT, Conn., Nov. 1, 2019 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) the holding company for People's United Bank, N.A., announced today that it has completed its acquisition of United Financial Bancorp, Inc. (NASDAQ: UBNK). The 100% stock transaction was announced on July 15, 2019.
Oct 30, 2019 11:01 am ET
Patrick Donnelly Joins People's United Bank's Nonprofit Specialty Finance Group as Senior Vice President
BRIDGEPORT, Conn., Oct. 30, 2019 /PRNewswire/ -- People's United Bank, N.A. (NASDAQ: 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.
Oct 17, 2019 04:15 pm ET
People's United Financial Declares Cash Dividend on Preferred 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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock. The dividend is payable on December 15, 2019 to shareholders of record at the close of business on December 1, 2019.
Oct 17, 2019 04:01 pm ET
People's United Financial Reports Third Quarter Net Income of $135.1 Million, or $0.33 per Common Share
BRIDGEPORT, Conn., Oct. 17, 2019 People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the third quarter 2019. These results along with comparison periods are summarized below:
Oct 15, 2019 11:03 am ET
People's United Bank Provides $57.5 Million Credit Facility for ReNew REIT
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 provided a $57.5 million Credit Facility to ReNew REIT, a privately held healthcare real estate investment trust (REIT) formed in 2018 that focuses on independent living, assisted living and memory care communities.
Sep 18, 2019 10:14 am ET
People's United Bank Establishes New Lender Finance Team as it Expands ABL Specialty Business
BRIDGEPORT, Conn., Sept. 18, 2019 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: 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.
Sep 17, 2019 11:57 am ET
People's United Financial Schedules Conference Call To Review Third Quarter 2019 Results
BRIDGEPORT, Conn., Sept. 17, 2019 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: 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.
Aug 28, 2019 10:42 am ET
People's United Bank Provides $92 Million Credit Facility for MidCap Financial
BRIDGEPORT, Conn., Aug. 28, 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 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.
Aug 02, 2019 05:17 pm ET
UNITED FINANCIAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of United Financial Bancorp, Inc. - UBNK
NEW ORLEANS, Aug. 2, 2019 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of United Financial Bancorp, Inc. (NasdaqGS: UBNK) to People's United Financial, Inc. (NasdaqGS: PBCT).  Under the terms of the proposed transaction, shareholders of United will receive only 0.875 shares of People's for each share of United that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the
Jul 30, 2019 01:07 pm ET
People's United Bank Leads Expansion of Credit Facility to $50 Million for MVC Capital, Inc.
BRIDGEPORT, Conn., July 30, 2019 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), announced its Commercial Banking division served as Lead Arranger on the expansion of a credit facility to $50 million for MVC Capital, Inc. (MVC), a Business Development Company (NYSE: MVC) that provides long-term debt and equity investment capital to fund acquisitions, growth and recapitalizations of companies in a variety of industries. People's United's Asset-Based Lending (ABL) and Capital Markets teams partnered on the facility that will provide MV
Jul 24, 2019 12:37 pm ET
Cris Sigovitch Joins People's United Bank as Senior Vice President and Head of Treasury Management
BRIDGEPORT, Conn., July 24, 2019 /PRNewswire/ -- People's United Bank, N.A. (NASDAQ: PBCT), today announced that Cris Sigovitch has been appointed Senior Vice President, Head of Treasury Management. Sigovitch will be responsible for the strategy, direct oversight and expansion of the Bank's enterprise-wide Treasury Management sales organization, and will work closely with the Banks' products and operations groups to deliver best-in-class Treasury solutions to clients.
Jul 18, 2019 04:15 pm ET
People's United Financial Declares Cash Dividend on Preferred 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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on September 15, 2019 to shareholders of record at the close of business on September 1, 2019.
Jul 18, 2019 04:01 pm ET
People's United Financial Reports Second Quarter Net Income of $133.2 Million, or $0.33 per Common Share
BRIDGEPORT, Conn., July 18, 2019 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the second quarter 2019. These results along with comparison periods are summarized below:
Jul 17, 2019 12:11 pm ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of United Financial Bancorp, Inc. to People's United Financial, Inc. is Fair to Shareholders
The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased United Financial Bancorp, Inc. (“United Financial” or the “Company”) (NASDAQGS: UBNK) stock prior to July 15, 2019. You are hereby...
Jul 16, 2019 05:46 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Investigates 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" or the "Company") (NASDAQ: UBNK) in connection with the proposed acquisition of the Company by People's United Financial, Inc. ("PBCT") (NASDAQ: PBCT).  Under the terms of the agreement, UBNK shareholders will receive 0.875 shares of PBCT for each UBNK share they own, representing consideration of $14.53 per UBNK share based on PBCT's July 15 closing price. 
Jul 16, 2019 01:25 pm ET
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of United Financial Bancorp, Inc.
NEW YORK, July 16, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against United Financial Bancorp, Inc. (NASDAQ: UBNK) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by People's United Financial, Inc. (NASDAQ: PBCT). Stockholders will receive 0.875 shares of People's United Financial common stock for each share of United Financial Bancorp stock that they hold. The transaction is valued at approximately $759 million and is expected to close in the fourth quarter of 2019.
Jul 15, 2019 04:15 pm ET
People's United Financial To Acquire United Financial Bancorp, Inc.
BRIDGEPORT, Conn., July 15, 2019 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT), the holding company for People's United Bank, N.A., announced today an agreement to acquire United Financial Bancorp, Inc. (NASDAQ: 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.
Jul 11, 2019 10:45 am ET
People's United Bank Leads $80 Million Senior Secured Credit Facility for Invesque, Inc.
BRIDGEPORT, Conn., July 11, 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 served as Lead Arranger and Administrative Agent for an $80 million Senior Secured Credit Facility to Invesque, Inc., (TSX: IVQ.U), a healthcare real estate company focused on the opportunity created by the global aging demographic trend.
Apr 18, 2019 04:15 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., April 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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on June 15, 2019 to shareholders of record at the close of business on June 1, 2019.
Apr 18, 2019 04:01 pm ET
People's United Financial Reports First Quarter Net Income of $114.6 Million, or $0.30 per Common Share
BRIDGEPORT, Conn., April 18, 2019 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the first quarter 2019. These results along with comparison periods are summarized below:
Apr 01, 2019 09:31 am ET
People's United Financial, Inc. Announces Completion of its Acquisition of BSB Bancorp, Inc.
BRIDGEPORT, Conn., April 1, 2019 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT), the holding company for People's United Bank, N.A. ("People's United"), announced today the completion of its acquisition of BSB Bancorp, Inc., the holding company of Belmont Savings Bank ("Belmont"). The 100% stock transaction was announced on November 27, 2018.
Mar 13, 2019 10:03 am ET
People's United Financial Schedules Conference Call To Review First Quarter 2019 Results
BRIDGEPORT, Conn., March 13, 2019 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its first quarter 2019 results on Thursday, April 18, 2019 at 5 p.m. EDT, following the release of results at approximately 4 p.m.
Feb 11, 2019 12:05 pm ET
People's United Bank Recognized by Greenwich Associates with National Awards for Excellence in Middle Market & Small Business Banking, & Best Brand
BRIDGEPORT, Conn., Feb. 11, 2019 /PRNewswire/ -- People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), has been recognized by Greenwich Associates, a leading global provider of market intelligence and advisory services to the banking industry, with seven awards, including a Greenwich Best Brand – Trust award, as rated by customers for its commitment to supporting small businesses across the Bank's Northeast footprint. People's United Bank is the only New England-based bank to receive this honor. Additionally, the Bank was recognized with six awards for E
Jan 17, 2019 03:15 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., Jan. 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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on March 15, 2019 to shareholders of record at the close of business on March 1, 2019.
Jan 17, 2019 03:06 pm ET
People's United Bank Acquires VAR Technology Finance, an Industry-Leading Equipment Finance Company
BRIDGEPORT, Conn., Jan. 17, 2019 /PRNewswire/ -- People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), has acquired VAR Technology Finance, a private, independent leasing and finance company that supports equipment sales through its financing programs within the technology channel for small, medium and large technology manufacturers, software companies and resellers. Headquartered in Mesquite, TX, VAR Technology Finance will become a division of People's United's operating subsidiary, LEAF Commercial Capital, Inc. ("LEAF").
Jan 17, 2019 03:01 pm ET
People's United Financial Reports Fourth Quarter Net Income of $132.9 Million, or $0.35 per Common Share
BRIDGEPORT, Conn., Jan. 17, 2019 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the fourth quarter and full year 2018. These results along with comparison periods are summarized below:
Jan 07, 2019 11:19 am ET
MERGER ALERT – BLMT and SPA: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. Sparton Corporation (NYSE: SPA) Merger...
Dec 20, 2018 04:04 pm ET
MERGER ALERT – BLMT and GPIC: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. BSB Bancorp, Inc. (NASDAQCM: BLMT) Merger...
Dec 18, 2018 03:54 pm ET
MERGER ALERT – TRCO and BLMT: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. Tribune Media Company (NYSE: TRCO) Merger...
Dec 17, 2018 10:46 am ET
People's United Financial Schedules Conference Call To Review Fourth Quarter And Full-year 2018 Results
BRIDGEPORT, Conn., Dec. 17, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its fourth quarter and full-year 2018 results on Thursday, January 17, 2019 at 5 p.m. EST, following the release of results at approximately 4 p.m.
Nov 30, 2018 11:16 am ET
MERGER ALERT – BLMT, BDMS and GPIC: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. BSB Bancorp, Inc. (NASDAQCM: BLMT) Merger...
Nov 29, 2018 05:56 pm ET
BSB BANCORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of BSB Bancorp, Inc. - BLMT
NEW ORLEANS, Nov. 29, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of BSB Bancorp, Inc. ("BSB") (NasdaqCM: BLMT) to People's United Financial, Inc. ("People's United") (NasdaqGS: PBCT).  Under the terms of the proposed transaction, shareholders of BSB will receive only 2.00 shares of People's United for each share of BSB that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration
Nov 28, 2018 12:47 pm ET
Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of BSB Bancorp, Inc. (BLMT) on Behalf of Stockholders and Encourages BLMT Investors to Contact the Firm
Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of BSB Bancorp, Inc. (NASDAQ: BLMT) on behalf of stockholders concerning the proposed acquisition of the company by People’s United Financial, Inc....
Nov 27, 2018 12:22 pm ET
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of BSB Bancorp, Inc.
NEW YORK, Nov. 27, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against BSB Bancorp, Inc. (NASDAQ: BLMT) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by People's United Financial, Inc. (NASDAQ: PBCT). Stockholders will receive 2.0 shares of People's United Financial common stock for each share of BSB Bancorp stock that they hold. The transaction is valued at approximately $327 million and is expected to close by the second quarter of 2019.
Nov 27, 2018 10:20 am ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of BSB Bancorp, Inc. to People’s United Financial, Inc. is Fair to Shareholders
The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased BSB Bancorp, Inc. (“BSB” or the “Company”) (NASDAQCM: BLMT) stock prior to November 27, 2018. You are hereby notified that Levi &...
Nov 27, 2018 07:05 am ET
People's United Financial, Inc. to Acquire BSB Bancorp, Inc.
BRIDGEPORT, Conn., Nov. 27, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT), the holding company for People's United Bank, N.A., announced today an agreement to acquire BSB Bancorp, Inc. (NASDAQ: BLMT), the holding company for Belmont Savings Bank ("Belmont"), a state-chartered savings bank headquartered in Belmont, Massachusetts, in a 100% stock transaction valued at approximately $327 million. Completion of the transaction is subject to customary closing conditions, including receipt of regulatory approvals and the approval of BSB Bancorp, Inc. stockholders. 
Oct 18, 2018 04:30 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., Oct. 18, 2018 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on December 15, 2018 to shareholders of record at the close of business on December 1, 2018.
Oct 18, 2018 04:01 pm ET
People's United Financial Reports Third Quarter Net Income of $117.0 Million, or $0.33 per Common Share
BRIDGEPORT, Conn., Oct. 18, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the third quarter 2018. Results for the third quarter and comparison periods are summarized below:
Oct 01, 2018 11:38 am ET
People's United Financial, Inc. Completes Acquisition of First Connecticut Bancorp, Inc.
BRIDGEPORT, Conn., Oct. 1, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) the holding company for People's United Bank, N.A., announced today that it has completed its acquisition of First Connecticut Bancorp, Inc. (NASDAQ: FBNK) the holding company for Farmington Bank. The 100% stock transaction was announced on June 19, 2018.
Sep 26, 2018 02:58 pm ET
First Connecticut Bancorp, Inc. Stockholders Approve Acquisition by People’s United Financial, Inc.
Stockholders of First Connecticut Bancorp, Inc. (“First Connecticut”) (NASDAQ:FBNK) approved the proposed merger of First Connecticut and People’s United Financial, Inc. (“People’s United”) (NASDAQ:PBCT) pursuant to the previously disclosed...
Sep 21, 2018 09:06 am ET
People's United Financial Schedules Conference Call To Review Third Quarter 2018 Results
BRIDGEPORT, Conn., Sept. 21, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its third quarter 2018 results on Thursday, October 18, 2018 at 5 p.m. EDT, following the release of results at approximately 4 p.m.
Sep 04, 2018 10:12 am ET
Read Now: Monteverde & Associates PC Files Class Action Lawsuit On Behalf Of Shareholders Of First Connecticut Bancorp, Inc. In The District Of Maryland
NEW YORK, Sept. 4, 2018 /PRNewswire/ -- Notice is hereby given that Monteverde & Associates PC has filed a class action lawsuit in the United States District Court for the District of Maryland, Case No. 1:18-cv-02496-RDB, on behalf of shareholders of First Connecticut Bancorp, Inc. ("First Connecticut" or the "Company") (NasdaqCM: FBNK) who held First Connecticut shares and have been harmed by First Connecticut and its board of directors' (the "Board") for alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the acq
Aug 09, 2018 07:55 am ET
Recent Analysis Shows The Mosaic, Unum Group, Juniper Networks, People's United Financial, Nucor, and KLA-Tencor Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Mosaic Company (NYSE:MOS), Unum Group (NYSE:UNM), Juniper Networks,...
Jul 30, 2018 09:32 am ET
SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of First Connecticut Bancorp, Inc. - FBNK
NEW YORK, July 30, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating First Connecticut Bancorp, Inc. ("First Connecticut" or "the Company") (NasdaqCM: FBNK) relating to the sale of the Company to People's United Financial, Inc. ("People's United") (NasdaqGS: PBCT). Under the terms of the transaction, First Connecticut shareholders will receive 1.725 shares of People's United stock for each First Connecticut share they own, representing a
Jul 19, 2018 04:15 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., July 19, 2018 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on September 15, 2018 to shareholders of record at the close of business on September 1, 2018.
Jul 19, 2018 04:03 pm ET
People's United Bank Acquires Vend Lease Company, a Leading Equipment Finance Business
BRIDGEPORT, Conn., July 19, 2018 /PRNewswire/ -- People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), has acquired Vend Lease Company, a nationwide provider of equipment financing to suppliers and vendors primarily in the hospitality industry. Headquartered in Baltimore, MD, Vend Lease will become a division of the bank's operating subsidiary, LEAF Commercial Capital, Inc.
Jul 19, 2018 04:01 pm ET
People's United Financial Reports Second Quarter Net Income of $110.2 Million, or $0.31 per Common Share
BRIDGEPORT, Conn., July 19, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the second quarter 2018. Results for the second quarter and comparison periods are summarized below:
Jun 26, 2018 08:07 am ET
People's United Financial, Inc. Names Jack Barnes Chairman of the Board, and George Carter Lead Director
BRIDGEPORT, Conn., June 26, 2018 /PRNewswire/ -- People's United Financial, Inc., the holding company for People's United Bank, N.A., has named Jack Barnes Chairman of the Board for both People's United Financial, Inc. and People's United Bank, N.A. Barnes will also remain CEO of both companies. Concurrently, the independent members of the Board of Directors unanimously agreed to appoint George Carter, currently Chairman of the Board for both companies, as Lead Director. The new appointments of Barnes and Carter are part of a long-term strategic Board succession plan.
Jun 21, 2018 10:07 am ET
People's United Financial Schedules Conference Call To Review Second Quarter 2018 Results
BRIDGEPORT, Conn., June 21, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its second quarter 2018 results on Thursday, July 19, 2018 at 5 p.m. EDT, following the release of results at approximately 4 p.m.
Jun 20, 2018 04:44 pm ET
FIRST CONNECTICUT BANCORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of First Connecticut Bancorp, I
NEW ORLEANS, June 20, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of First Connecticut Bancorp, Inc. ("FCB") (NasdaqGS: FBNK) to People's United Financial, Inc. ("PUF") (NasdaqGS: PBCT).  Under the terms of the proposed transaction, shareholders of FCB will receive only 1.725 shares of PUF for each share of FCB that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalu
Jun 19, 2018 06:23 pm ET
WeissLaw LLP Investigates First Connecticut Bancorp, Inc. Acquisition
NEW YORK, June 19, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of First Connecticut Bancorp, Inc. ("FBNK" or the "Company") (NASDAQ: FBNK) in connection with the proposed acquisition of the Company by People's United Bank, N.A. ("PBCT") ("NASDAQ: PBCT).  Under the terms of the agreement, FBNK shareholders will receive 1.725 shares of PBCT for each FBNK share they own, representing consideration of $31.55, based on PBCT June 19 trading price of $18.29. 
Jun 19, 2018 07:42 am ET
People’s United Financial To Acquire First Connecticut Bancorp, Inc.
People's United Financial, Inc. (NASDAQ:PBCT), the holding company for People's United Bank, N.A., announced today an agreement to acquire First Connecticut Bancorp, Inc. (NASDAQ:FBNK), of Farmington CT, the holding company for Farmington Bank, in...
Jun 19, 2018 07:31 am ET
People's United Financial To Acquire First Connecticut Bancorp, Inc.
BRIDGEPORT, Conn., June 19, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT), the holding company for People's United Bank, N.A., announced today an agreement to acquire First Connecticut Bancorp, Inc. (NASDAQ: FBNK), of Farmington CT, the holding company for Farmington Bank, in a 100% stock transaction valued at approximately $544 million. Completion of the transaction is subject to customary closing conditions, including receipt of regulatory approvals and the approval of First Connecticut Bancorp, Inc. shareholders.
May 08, 2018 08:10 am ET
Consolidated Research: 2018 Summary Expectations for ONEOK, People's United Financial, Spirit Realty Capital, Stryker, Ultra Clean, and V.F. — Fundamental Analysis, Key Performance Indications
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ONEOK, Inc. (NYSE:OKE), People's United Financial, Inc. (NASDAQ:PBCT),...
May 04, 2018 08:31 am ET
People's United Financial, Inc. Names Jeff Tengel President
BRIDGEPORT, Conn., May 4, 2018 /PRNewswire/ -- People's United Financial Inc. (People's United), today announced the appointment of Jeff Tengel as President. As President, Tengel will lead the full complement of business lines at People's United.
Apr 19, 2018 07:30 am ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., April 19, 2018 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on June 15, 2018 to shareholders of record at the close of business on June 1, 2018.
Apr 19, 2018 07:01 am ET
People's United Financial Reports First Quarter Net Income of $107.9 Million, or $0.30 Per Common Share
BRIDGEPORT, Conn., April 19, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the first quarter 2018. Results for the first quarter and comparison periods are summarized below:
Mar 21, 2018 03:40 pm ET
Glancy Prongay & Murray LLP Announces Investigation on Behalf of People's United Financial, Inc. Investors (PBCT)
Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of People's United Financial, Inc. (NASDAQ: PBCT) investors concerning the Company and its directors’ and officers’ possible violations of state laws.
Mar 20, 2018 01:15 pm ET
People's United Financial Schedules Conference Call to Review First Quarter 2018 Results
BRIDGEPORT, Conn., March 20, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its first quarter 2018 results on Thursday, April 19, 2018 at 8 a.m. EDT, following the release of results at approximately 7 a.m.
Mar 06, 2018 07:30 am ET
Consolidated Research: 2018 Summary Expectations for People's United Financial, American International Group, ImmunoCellular Therapeutics, W&T Offshore, ONEOK, and Avon Products — Fundamental Analysis
NEW YORK, March 06, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of People's United Financial, Inc. (NASDAQ:PBCT), American...
Feb 08, 2018 12:33 pm ET
People's United Bank Recognized Nationally by Greenwich Associates with Five Excellence in Middle Market Banking Awards for Cash Management
BRIDGEPORT, Conn., Feb. 8, 2018 /PRNewswire/ -- People's United Bank , N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), has been recognized by Greenwich Associates, a leading global provider of market intelligence and advisory services to the financial services industry, with five Middle Market Banking Awards in Excellence for Cash Management, including three National and two Northeast awards:
Jan 18, 2018 03:15 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., Jan. 18, 2018 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on March 15, 2018 to shareholders of record at the close of business on March 1, 2018.
Jan 18, 2018 03:01 pm ET
People's United Financial Reports Fourth Quarter Net Income of $106.2 Million, or $0.30 Per Common Share; Operating Earnings of $0.31 Per Common Share
BRIDGEPORT, Conn., Jan. 18, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $106.2 million, or $0.30 per common share, for the fourth quarter of 2017, compared to $75.9 million, or $0.24 per common share, for the fourth quarter of 2016, and $90.8 million, or $0.26 per common share, for the third quarter of 2017. For the year ended December 31, 2017, net income totaled $337.2 million, or $0.97 per common share, compared to $281.0 million, or $0.92 per common share, for 2016.
Dec 14, 2017 09:58 am ET
People's United Financial Schedules Conference Call To Review Fourth Quarter And Full-year 2017 Results
BRIDGEPORT, Conn., Dec. 14, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its fourth quarter and full-year 2017 results on Thursday, January 18, 2018 at 5 p.m. EST, following the release of results at approximately 4 p.m.
Nov 16, 2017 09:03 am ET
People's United Bank Recognized Nationally by Greenwich Associates with Best Brand Award in Middle Market Banking for Ease of Doing Business
BRIDGEPORT, Conn., Nov. 16, 2017 /PRNewswire/ -- People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), has been recognized nationally by Greenwich Associates, a leading global provider of market intelligence and advisory services to the financial services industry, with a Best Brand Award in Middle Market Banking for Ease of Doing Business.
Nov 08, 2017 08:00 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within AGNC Investment, Discovery Communications, Array BioPharma, Callon Petroleum, People's United, and DDR – New Research Emphasizes Eco
NEW YORK, Nov. 08, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of AGNC Investment Corp. (NASDAQ:AGNC), Discovery Communications,...
Oct 30, 2017 04:48 pm ET
James Curran Joins People's United Bank as Senior Vice President, Regional Manager, Responsible for Central and Western Massachusetts
BRIDGEPORT, Conn., Oct. 30, 2017 /PRNewswire/ -- People's United Bank, N.A. (NASDAQ: PBCT), today announced that James Curran has been appointed Senior Vice President, Regional Manager for Central and Western Massachusetts. Curran will be responsible for new business development, customer relationships and liaising with People's United's community partners in the regions he oversees.
Oct 24, 2017 12:00 pm ET
People's United Bank Marks 175 Year Anniversary With Community Foundation Gift
BRIDGEPORT, Conn., Oct. 24, 2017 /PRNewswire/ -- People's United Bank , N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), will celebrate its 175th anniversary on December 24th. To commence the celebration, the bank today announced a $175,000 grant from People's United Community Foundation to Junior Achievement USA, who will use the funding for upcoming regional financial literacy and career-readiness programs for youth across six states that align with the People's United footprint, including: CT, NY, MA, VT, NH, ME. This is the single largest one-time grant gifted b
Oct 23, 2017 05:05 pm ET
People's United Financial, Inc. Releases Results of 2017 Dodd-Frank Act Company-Run Stress Test
BRIDGEPORT, Conn., Oct. 23, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) ("People's United" or the "Company") announced today the release of its 2017 company-run stress test results.  In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, People's United is required to conduct annual stress tests ("DFAST") to assess the potential effect of hypothetical economic scenarios on earnings and capital.  The results of the Company's 2017 DFAST indicate that both People's United and its subsidiary, People's United Bank, National Association, will have
Oct 19, 2017 05:30 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., Oct. 19, 2017 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on December 15, 2017 to shareholders of record at the close of business on December 1, 2017.
Oct 19, 2017 05:01 pm ET
People's United Financial Reports Third Quarter Net Income of $90.8 Million, or $0.26 Per Common Share
BRIDGEPORT, Conn., Oct. 19, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $90.8 million, or $0.26 per common share, for the third quarter of 2017, compared to $73.7 million, or $0.24 per common share, for the third quarter of 2016, and $69.3 million, or $0.19 per common share, for the second quarter of 2017.
Sep 22, 2017 10:48 am ET
People's United Financial, Inc. Names Jane Chwick to Board of Directors
BRIDGEPORT, Conn., Sept. 22, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT), the holding company for People's United Bank, N.A., has announced that its Board of Directors approved an increase in the size of the Board of Directors to twelve members and appointed Jane Chwick as a director to fill the vacancy created by that action.
Sep 14, 2017 11:16 am ET
People's United Financial Schedules Conference Call To Review Third Quarter 2017 Results
BRIDGEPORT, Conn., Sept. 14, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its third quarter 2017 results on Thursday, October 19, 2017 at 5 p.m. EDT, following the release of results at approximately 4 p.m.
Aug 15, 2017 03:11 pm ET
People's United Bank is Selected to Manage Core Banking Services for the State of Vermont
BRIDGEPORT, Conn., Aug. 15, 2017 /PRNewswire/ -- As announced by Vermont State Treasurer Beth Pearce on August 11, People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT) has been selected to manage the State of Vermont core banking services.  Implementation and service changes are expected to roll out during the fourth quarter of 2017.
Aug 14, 2017 10:51 am ET
Matthew T. Huber Joins People's United Bank As Senior Vice President, Market Manager, Healthcare Financial Services
BRIDGEPORT, Conn., Aug. 14, 2017 /PRNewswire/ -- People's United Bank announced today that Matthew T. Huber has joined as Senior Vice President, Market Manager – Healthcare Financial Services, specializing in providing financial services to healthcare companies across the Northeast and Mid-Atlantic. Huber will be responsible for leading the focus on banking for-profit and non-profit healthcare service companies across many segments. He will oversee People's United healthcare banking strategy across product lines and will lead a team of specialized bankers that understand the industry risks a
Jul 31, 2017 05:06 pm ET
People's United Bank Completes Acquisition of LEAF Commercial Capital, Inc.
BRIDGEPORT, Conn., July 31, 2017 /PRNewswire/ -- People's United Bank, N.A. today announced the completion of its acquisition of Philadelphia, PA based LEAF Commercial Capital, Inc.  The transaction brings the total assets of People's United equipment finance units to approximately $4 billion, which ranks as the 16th largest bank-owned equipment finance entity in the country, and is immediately accretive to People's United earnings. 
Jul 20, 2017 05:15 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., July 20, 2017 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on September 15, 2017 to shareholders of record at the close of business on September 1, 2017.
Jul 20, 2017 05:01 pm ET
People's United Financial Reports Second Quarter Net Income of $69.3 Million, or $0.19 Per Common Share
BRIDGEPORT, Conn., July 20, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $69.3 million, or $0.19 per common share, for the second quarter of 2017, compared to $68.5 million, or $0.23 per common share, for the second quarter of 2016, and $70.8 million, or $0.22 per common share, for the first quarter of 2017.
Jul 19, 2017 05:10 pm ET
People's United Bank Acquires LEAF Commercial Capital, Inc., one of the largest, independent commercial equipment finance companies in the U.S.
BRIDGEPORT, Conn., July 19, 2017 /PRNewswire/ -- People's United Bank, N.A. announced today that it has entered into an agreement to acquire LEAF Commercial Capital, Inc.  Based in Philadelphia, PA, LEAF is one of the largest, independent commercial equipment finance companies in the U.S., with approximately $500 million of annual originations.
Jul 06, 2017 05:14 pm ET
People's United Bank Welcomes Joseph Wadlinger as Senior Vice President Business Banking, Higher Education and Non-Profits
Jul 06, 2017 02:11 pm ET
People's United Bank Welcomes Industry Leader John DeFranza as Senior Vice President, SBA Lending
BRIDGEPORT Conn., July 6, 2017 /PRNewswire/ -- People's United Bank today announced that John DeFranza has joined the bank as Senior Vice President of Small Business Administration (SBA) lending, responsible for the development of enhanced SBA loan products and increasing lending efforts across the footprint. He will also be responsible for SBA product training, both internally and externally as well as building industry relationships. 
Jun 15, 2017 09:09 am ET
People's United Financial Schedules Conference Call To Review Second Quarter 2017 Results
May 24, 2017 09:09 am ET
PEOPLE'S UNITED BANK Announces Innovative and Enhanced Mobile Banking App
BRIDGEPORT, Conn., May 24, 2017 /PRNewswire/ -- People's United Bank Retail Mobile Banking customers now have access to innovative new features to enhance their mobile banking experience. 
Apr 24, 2017 03:53 pm ET
People's United Bank Welcomes Ken Jamison As Managing Director Of Loan Syndications
BRIDGEPORT, Conn., April 24, 2017 /PRNewswire/ -- People's United Bank today announced that Ken Jamison has joined the bank as Managing Director of Loan Syndications, responsible for growing the Bank's capital markets and loan syndication capabilities across the Bank's Northeast footprint.
Apr 20, 2017 09:00 am ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., April 20, 2017 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on June 15, 2017 to shareholders of record at the close of business on June 1, 2017.
Apr 20, 2017 08:05 am ET
People's United Financial Reports First Quarter Net Income of $70.8 Million, or $0.22 Per Common Share, and Announces Common Dividend Increase
BRIDGEPORT, Conn., April 20, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $70.8 million, or $0.22 per common share, for the first quarter of 2017, compared to $62.9 million, or $0.21 per common share, for the first quarter of 2016, and $75.9 million, or $0.24 per common share, for the fourth quarter of 2016.  Included in this quarter's results were merger-related and acquisition integration costs of $1.2 million ($0.8 million after-tax), or less than $0.01 per common share, compared to $1.6 million ($1.0 million after-tax), or less than $0.
Apr 03, 2017 10:01 am ET
People's United Financial, Inc. Completes Acquisition of Suffolk Bancorp
BRIDGEPORT, Conn., April 3, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT), the holding company for People's United Bank, N.A., announced today that it has completed its acquisition of Suffolk Bancorp (NYSE: SCNB), the holding company for Suffolk County National Bank. The 100% stock transaction was announced on June 27, 2016.
Mar 16, 2017 05:35 pm ET
People's United Financial, Inc. Announces Federal Reserve Board Approval of Suffolk Bancorp Acquisition
BRIDGEPORT, Conn., March 16, 2017 /PRNewswire/ -- As announced by The Federal Reserve Board on March 16, 2017, People's United Financial, Inc. (NASDAQ: PBCT) has received approval by the Board of Governors of The Federal Reserve for the merger of Suffolk Bancorp, of Riverhead, NY (NYSE: SCNB) with and into People's United Financial. The transaction, announced June 27, 2016 and approved by the shareholders of Suffolk Bancorp on October 13, 2016, also received approval by the Office of the Comptroller of the Currency ("OCC") on February 6, 2017. 
Mar 09, 2017 09:00 am ET
People's United Financial Schedules Conference Call To Review First Quarter 2017 Results
BRIDGEPORT, Conn., March 9, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its first quarter 2017 results on Thursday, April 20, 2017 at 8 a.m. ET, following the release of results at approximately 7 a.m.
Feb 15, 2017 09:01 am ET
Greenwich Associates Recognizes People's United For Middle Market Banking Excellence
BRIDGEPORT, Conn., Feb. 15, 2017 /PRNewswire/ -- Greenwich Associates, a research-based consulting firm, has recognized People's United Bank for excellence in "Middle Market Banking" nationally and in the Northeast.
Feb 06, 2017 09:01 am ET
People's United Financial, Inc. Announces OCC Approval For Suffolk County National Bank Acquisition
BRIDGEPORT, Conn., Feb. 6, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ:PBCT), the holding company for People's United Bank, N.A. ("People's United"), announced today that the Office of the Comptroller of the Currency ("OCC") has approved the merger of Suffolk County National Bank, of Riverhead, NY ("SCNB") with and into People's United. The transaction, announced June 27, 2016 and approved by the shareholders of Suffolk Bancorp (NYSE:SCNB), the holding company of SCNB, on October 13, 2016, remains subject to the approval of the Board of Governors of the Federal Reserve Syste
Jan 19, 2017 04:37 pm ET
People's United Financial Declares Cash Dividend on Preferred Stock
BRIDGEPORT, Conn., Jan. 19, 2017 /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 the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock. The dividend is payable on March 15, 2017 to shareholders of record at the close of business on March 1, 2017.
Jan 19, 2017 04:01 pm ET
People's United Financial Reports Fourth Quarter Net Income of $75.9 Million, or $0.24 Per Common Share
BRIDGEPORT, Conn., Jan. 19, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $75.9 million, or $0.24 per common share, for the fourth quarter of 2016, compared to $70.8 million, or $0.23 per common share, for the fourth quarter of 2015, and $73.7 million, or $0.24 per common share, for the third quarter of 2016.
Dec 22, 2016 09:00 am ET
People's United Financial Schedules Conference Call To Review Fourth Quarter And Full Year 2016 Results
BRIDGEPORT, Conn., Dec. 22, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will  host a conference call to discuss its fourth quarter and full year 2016 results on Thursday, January 19, 2017 at 5 p.m. ET, following the release of results at approximately 4 p.m.
Dec 12, 2016 09:11 am ET
People's United Bank Is Selected To Manage Core Banking Services For The Commonwealth Of Massachusetts
BRIDGEPORT, Conn., Dec. 12, 2016 /PRNewswire/ -- As announced by Massachusetts Treasurer Deborah Goldberg on November 10, People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), has been selected to manage the Commonwealth's core banking services.
Nov 02, 2016 10:34 am ET
People's United Bank, Gerstein Fisher Merger Complete, Offering Wide Range of Innovative Investment Solutions
BRIDGEPORT, Conn., Nov. 2, 2016 /PRNewswire/ -- People's United Bank, N.A. today announced completion of the acquisition of Gerstein Fisher, a $3 billion, New York City-based investment management firm, by its subsidiary, People's Securities, Inc. The combined company brings People's United Wealth Management's total assets under administration to over $20 billion, of which approximately $8 billion is under discretionary management.
Oct 24, 2016 07:15 pm ET
People's United Financial, Inc. Announces Pricing Of Offering Of Preferred Stock
BRIDGEPORT, Conn., Oct. 24, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today announced that it has priced a public offering of 10,000,000 shares, or $250 million in aggregate liquidation preference, of its fixed-to-floating rate non-cumulative perpetual preferred stock, Series A, par value $0.01 per share, with a liquidation preference of $25.00 per share (the "Preferred Stock"). When, as and if declared by the board of directors, dividends on the shares of Preferred Stock will accrue and be payable from the date of original issuance to, but excluding December 15, 20
Oct 21, 2016 04:00 pm ET
People's United Financial, Inc. Releases Results of 2016 Dodd-Frank Act Company-Run Stress Test
BRIDGEPORT, Conn., Oct. 21, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) ("People's United" or the "Company") announced today the release of its 2016 company-run stress test results.  In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, People's United is required to conduct annual stress tests ("DFAST") to assess the potential effect of hypothetical economic scenarios on earnings and capital.  The results of the Company's 2016 DFAST indicate that both People's United and its subsidiary, People's United Bank, N.A., will have the financial r
Oct 20, 2016 05:01 pm ET
People's United Financial Reports Third Quarter Net Income of $73.7 Million, or $0.24 Per Share
BRIDGEPORT, Conn., Oct. 20, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $73.7 million, or $0.24 per share, for the third quarter of 2016, compared to $68.4 million, or $0.23 per share, for the third quarter of 2015, and $68.5 million, or $0.23 per share, for the second quarter of 2016. Included in this quarter's results were merger-related expenses of $3.1 million ($2.1 million after-tax), or $0.01 per share.
Sep 15, 2016 10:00 am ET
People's United Financial Schedules Conference Call To Review Third Quarter 2016 Results
BRIDGEPORT, Conn., Sept. 15, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will  host a conference call to discuss its third quarter 2016 results on Thursday, October 20, 2016 at 5 p.m. ET, following the release of results at approximately 4 p.m.
Sep 07, 2016 04:00 pm ET
People's United Financial CEO And CFO To Speak At Barclays Global Financial Services Conference On September 13
BRIDGEPORT, Conn., Sept. 7, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today that Jack Barnes, President and Chief Executive Officer, and David Rosato, Senior Executive Vice President and Chief Financial Officer, will speak at the Barclays 2016 Global Financial Services Conference in New York City on Tuesday, September 13, 2016 at 9:00 a.m. EDT.
Jul 21, 2016 05:01 pm ET
People's United Financial Reports Second Quarter Net Income of $68.5 Million, or $0.23 Per Share
BRIDGEPORT, Conn., July 21, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $68.5 million, or $0.23 per share, for the second quarter of 2016, compared to $61.7 million, or $0.20 per share, for the second quarter of 2015, and $62.9 million, or $0.21 per share, for the first quarter of 2016.
Jul 21, 2016 10:00 am ET
People's United Bank, N.A. Announces The Acquisition Of New York-Based Investment Management Firm Gerstein Fisher
BRIDGEPORT, Conn., July 21, 2016 /PRNewswire/ -- People's United Bank, N.A. announced today that its subsidiary, People's Securities, Inc., has entered into a definitive agreement to acquire Gerstein Fisher, a $3 billion, New York City-based investment management firm serving individuals and families, institutions, and third-party platforms. The transaction is expected to bring People's United Wealth Management's total assets under administration to nearly $20 billion, of which approximately $8 billion is under discretionary management.
Jun 28, 2016 03:04 pm ET
Suffolk Bancorp Acquisition May Not Be in the Best Interests of SCNB Shareholders
NEW YORK, June 28, 2016 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Suffolk Bancorp ("SCNB" or the "Company") in connection with the proposed acquisition of the Company by People's United Financial, Inc. ("PBCT").  On June 27, 2016, the Company announced it had reached a definitive agreement for PBCT to acquire all outstanding shares of SCNB in a transaction valued at approximately $402 million.  Under the terms of the agreement, SCNB shareholders will receive 2.225 shares of PBCT for each SCNB sha
Jun 27, 2016 09:00 am ET
People's United Financial, Inc. To Acquire Suffolk Bancorp
BRIDGEPORT, Conn., June 27, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT), the holding company for People's United Bank, N.A., announced today a definitive agreement pursuant to which People's United Financial will acquire Suffolk Bancorp (NYSE: SCNB), of Riverhead, NY, the holding company for Suffolk County National Bank, in a 100% stock transaction valued at approximately $402 million. Completion of the transaction is subject to customary closing conditions, including the receipt of regulatory approval and the approval of Suffolk Bancorp's shareholders.
Jun 23, 2016 10:00 am ET
People's United Financial Schedules Conference Call to Review Second Quarter 2016 Results
BRIDGEPORT, Conn., June 23, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) announced today it will host a conference call to discuss its second quarter 2016 results on Thursday, July 21, 2016 at 5 p.m. ET, following the release of results at approximately 4 p.m.
Apr 28, 2016 10:05 am ET
Mark Herron Joins People's United Bank As Chief Marketing Officer
BRIDGEPORT, Conn., April 28, 2016 /PRNewswire/ -- People's United Bank today announced the appointment of Mark Herron as Chief Marketing Officer, responsible for the strategic positioning of the Company and overseeing marketing, customer research, product development, analytics and engagement efforts across the People's United Financial, Inc. enterprise.
Apr 28, 2016 10:00 am ET
Mark Melchione Joins People's United Bank As Executive Vice President, Commercial Real Estate, New York
NEW YORK, April 28, 2016 /PRNewswire/ -- People's United Bank announced today that Mark Melchione has joined the bank as Executive Vice President, Commercial Real Estate, responsible for the New York City and Long Island markets.
Apr 21, 2016 08:02 am ET
People's United Insurance Agency Announces Acquisition of Massachusetts Brokerage Eagle Insurance Group, LLC
BRIDGEPORT, Conn., April 21, 2016 /PRNewswire/ -- People's United Bank, N.A. announced today that its subsidiary, People's United Insurance Agency (PUIA), has acquired Eagle Insurance Group, LLC, a Raynham, MA-based insurance brokerage firm.
Apr 21, 2016 08:00 am ET
People's United Financial Reports First Quarter Net Income of $62.9 Million, or $0.21 Per Share, and Announces Dividend Increase
BRIDGEPORT, Conn., April 21, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $62.9 million, or $0.21 per share, for the first quarter of 2016, compared to $59.2 million, or $0.20 per share, for the first quarter of 2015, and $70.8 million, or $0.23 per share, for the fourth quarter of 2015. Included in the results for the fourth quarter of 2015 was a net after-tax gain of $6.1 million ($0.02 per share) resulting from the sale of the Company's payroll services business.
Mar 24, 2016 10:00 am ET
People's United Financial Schedules Conference Call To Review First Quarter 2016 Results
Mar 08, 2016 12:05 pm ET
People's United Bank Launches Samsung Pay For Mobile Banking Customers
BRIDGEPORT, Conn., March 8, 2016 /PRNewswire/ -- People's United Bank now offers even greater convenience, additional payment options and more security with the launch of Samsung Pay, available to People's United Bank debit card customers using compatible Samsung devices.
Jan 21, 2016 04:01 pm ET
People's United Financial Reports Fourth Quarter Net Income Of $0.23 Per Share And Operating Earnings Of $0.22 Per Share
BRIDGEPORT, Conn., Jan. 21, 2016 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $70.8 million, or $0.23 per share, for the fourth quarter of 2015, compared to $64.7 million, or $0.22 per share, for the fourth quarter of 2014, and $68.4 million, or $0.23 per share, for the third quarter of 2015. Included in this quarter's results is a net after-tax gain of $6.1 million ($0.02 per share) resulting from the sale of the Company's payroll services business as well as non-operating expenses of $2.5 million after-tax ($0.01 per share).

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