People's United Financial, Inc.

People's United Financial, Inc.

PBCT
People's United Financial, Inc.US flagNASDAQ Global Select
19.41
USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
John Barnes
Full Time Employees
5,193
Sector
Financial Services
Industry
Banks - Regional
Address
850 Main St Bridgeport CT United States of America 06604
IPO Date
Jan 7, 1988
Business
People's United Financial, Inc. (PBCT) operates as a diversified financial services holding company providing commercial banking, retail banking, and consumer lending products and services primarily in the northeastern United States. The company offers deposit products including checking, savings, money market deposit accounts, and certificates of deposit; lending services such as commercial real estate mortgages, multifamily loans, commercial and industrial loans, residential mortgages, home equity lines of credit, and personal loans; as well as wealth management services, brokerage, and insurance products through its subsidiaries. Founded in 1842 and headquartered in Bridgeport, Connecticut, People's United Financial serves individual consumers, small and medium-sized businesses, and large corporate clients across Connecticut, New York, Massachusetts, Vermont, New Hampshire, and Maine. In recent major developments, the company was acquired by M&T Bank Corporation in an all-stock transaction completed in May 2022, resulting in its merger into M&T Bank and the subsequent delisting of PBCT shares from the Nasdaq Global Select Market; this strategic combination expanded M&T's footprint in the Northeast and integrated People's United's specialized commercial banking capabilities. Post-acquisition, operations continue under the People's United brand for certain legacy services, with no significant new partnerships, funding rounds, product launches, or reorganizations reported in 2024 or 2025.

Company News

APIChat
  • M&T Bank Names Matthew Orrino Managing Director and Head of Institutional Commercial Real Estate Capital Markets

  • 6 Cheap Dividend Stocks Worth Buying Before They Raise Their Dividends

  • M&T Bank (MTB) Acquires People's United Financial for $8.3B

  • M&T Bank Corporation Completes Acquisition of People's United Financial, Inc.

  • 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

  • 4 S&P 500 Aristocrats Are April's Top Dividend Dogs

  • Financial Stocks to Buy as Fed Hikes Rates

  • People's United Financial Stock Outperformed S&P500 Over The Last Week, What To Expect?

  • M&T Bank Corporation and People's United Financial, Inc. Announce Transaction Close Date for Merger

  • 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.

  • M&T Bank Corporation Receives Regulatory Approval from the Board of Governors of the Federal Reserve System for People's United Merger

  • Dividend Income Summary: Lanny's February 2022 Summary

  • Will MTB-PBCT Merger Regulatory Delay Dissuade Bank M&As?

  • M&T Bank Corporation and People's United Financial, Inc. Extend Merger Agreement

  • SDOG: High Yield, Good Value, Questionable Quality

  • Upcoming Ex-Dividend Dates: January 27-February 9, 2022

  • Will Low Fee Income Mar People's United (PBCT) Q4 Earnings?

  • People's United: A Dividend Aristocrat Merger

  • Analysts Estimate People's United (PBCT) to Report a Decline in Earnings: What to Look Out for

  • PEOPLE'S UNITED FINANCIAL TO RELEASE FOURTH QUARTER AND FULL-YEAR 2021 EARNINGS RESULTS