People's United Financial Company Profile (NASDAQ:PBCT)

About People's United Financial (NASDAQ:PBCT)

PeoplePeople's United Financial, Inc. is a bank holding company and a financial holding company of People's United Bank (the Bank). The Bank is engaged in providing commercial banking, retail banking and wealth management services to individual, corporate and municipal customers. The Company operates through two segments: Commercial Banking and Retail Banking. Commercial Banking segment is engaged in commercial real estate lending, commercial and industrial lending, and commercial deposit gathering activities. It offers cash management, correspondent banking, municipal banking, institutional trust services, corporate trust, insurance services and private banking, among others. Retail Banking segment provides consumer lending (including residential mortgage and home equity lending) and consumer deposit gathering activities. The Retail Banking segment also includes brokerage, financial advisory services, investment management services, and life insurance and non-institutional trust services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Retail & Mortgage Banks
  • Sub-Industry: Thrifts & Mortgage Finance
  • Symbol: NASDAQ:PBCT
  • CUSIP: 71270410
  • Web: www.peoples.com
Capitalization:
  • Market Cap: $6.50893 billion
  • Outstanding Shares: 337,510,000
Average Prices:
  • 50 Day Moving Avg: $17.59
  • 200 Day Moving Avg: $17.41
  • 52 Week Range: $15.97 - $20.13
P/E:
  • Trailing P/E Ratio: 21.13
  • Foreward P/E Ratio: 17.33
  • P/E Growth: 5.54
Sales & Book Value:
  • Annual Revenue: $1.34 billion
  • Price / Sales: 4.76
  • Book Value: $16.18 per share
  • Price / Book: 1.17
Dividend:
  • Annual Dividend: $0.69
  • Dividend Yield: 3.7%
Profitability:
  • Net Margins: 19.32%
  • Return on Equity: 6.40%
  • Return on Assets: 0.79%
Debt:
  • Debt-to-Equity Ratio: 0.74%
  • Current Ratio: 0.98%
  • Quick Ratio: 0.98%
Misc:
  • Average Volume: 2.23 million shs.
  • Beta: 0.84
  • Short Ratio: 9.01
 

Frequently Asked Questions for People's United Financial (NASDAQ:PBCT)

What is People's United Financial's stock symbol?

People's United Financial trades on the NASDAQ under the ticker symbol "PBCT."

How often does People's United Financial pay dividends? What is the dividend yield for People's United Financial?

People's United Financial declared a quarterly dividend on Thursday, October 19th. Investors of record on Wednesday, November 1st will be paid a dividend of $0.1725 per share on Wednesday, November 15th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 3.65%. View People's United Financial's Dividend History.

How were People's United Financial's earnings last quarter?

People's United Financial, Inc. (NASDAQ:PBCT) issued its quarterly earnings data on Thursday, October, 19th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.25 by $0.01. The company earned $373.90 million during the quarter, compared to the consensus estimate of $374.59 million. People's United Financial had a return on equity of 6.40% and a net margin of 19.32%. People's United Financial's revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.24 earnings per share. View People's United Financial's Earnings History.

When will People's United Financial make its next earnings announcement?

People's United Financial is scheduled to release their next quarterly earnings announcement on Wednesday, January, 17th 2018. View Earnings Estimates for People's United Financial.

Where is People's United Financial's stock going? Where will People's United Financial's stock price be in 2017?

10 brokerages have issued twelve-month price objectives for People's United Financial's shares. Their forecasts range from $17.00 to $20.50. On average, they anticipate People's United Financial's stock price to reach $18.84 in the next twelve months. View Analyst Ratings for People's United Financial.

What are analysts saying about People's United Financial stock?

Here are some recent quotes from research analysts about People's United Financial stock:

  • 1. According to Zacks Investment Research, "Shares of People’s United have underperformed the industry in the last six months. The company has a decent earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in two of the trailing four quarters. The company is steadily growing through acquisitions, which is likely to continue in the near future, given its strong balance sheet position. Also, the company’s steady capital deployment activities continue to enhance investors’ confidence. However, escalating expenses despite undertaking initiatives to curb costs remains a concern. Further, a stretched valuation indicates limited upside potential for the stock." (10/9/2017)
  • 2. Keefe, Bruyette & Woods analysts commented, "ONDK reported a mixed quarter, and announced an additional $25M expense reduction initiative, reflecting tighter underwriting and implying GAAP operating expenses exit ’17 with an $160M annual run-rate. The company is reducing FY17 gross revenue guidance 9% despite strong borrower demand, but maintaining FY17 EBITDA of $5M-15M, representing a clear shift to profitability over growth. Based on current valuation, along with a higher financials" investors base, we agree with management’s strategic shift. However, elevated provision rates along with increasing interest rates likely cap near-term upside until the market can digest the algorithm’s ability to leverage its lower expense base. In additon, despite Other revenue +112% y/y, a lack of bank partnerships announcements, similar to Chase, could curb enthusiasm around licensing opportunities." (5/9/2017)

Who are some of People's United Financial's key competitors?

Who are People's United Financial's key executives?

People's United Financial's management team includes the folowing people:

  • John P. Barnes, President, Chief Executive Officer, Director
  • R. David Rosato, Chief Financial Officer, Executive Vice President
  • David K. Norton, Senior Executive Vice President, Chief Human Resources Officer
  • Lee C. Powlus, Senior Executive Vice President, Chief Administrative Officer
  • Chantal D. Simon, Senior Executive Vice President, Chief Risk Officer
  • Robert E. Trautmann, Senior Executive Vice President, General Counsel
  • Galan G. Daukas, Executive Vice President, Wealth management
  • Sara M. Longobardi, Senior Executive Vice President - Retail banking
  • Jeffrey J. Tengel, Senior Executive Vice President - Commercial Banking Group
  • George P. Carter, Non-Executive Independent Chairman of the Board

Who owns People's United Financial stock?

People's United Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.15%), Shell Asset Management Co. (0.08%), PGGM Investments (0.06%), Viking Fund Management LLC (0.05%), Butensky & Cohen Financial Security Inc. (0.03%) and Mycio Wealth Partners LLC (0.03%). Company insiders that own People's United Financial stock include Collin P Baron, David K Norton, Galan G Daukas, George P Carter, Janet M Hansen, Jeffrey Hoyt, Jeffrey J Tengel, Jerry Franklin, John K Dwight, John P Barnes, Kevin T Bottomley, Lee C Powlus, Mark W Richards, R David Rosato, Richard M Hoyt, Robert E Trautmann and Sara M Longobardi. View Institutional Ownership Trends for People's United Financial.

Who sold People's United Financial stock? Who is selling People's United Financial stock?

People's United Financial's stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., PGGM Investments, State Treasurer State of Michigan and Assenagon Asset Management S.A.. Company insiders that have sold People's United Financial stock in the last year include Collin P Baron, David K Norton, Galan G Daukas, George P Carter, Janet M Hansen, Jeffrey Hoyt, Jeffrey J Tengel, Jerry Franklin, John K Dwight, John P Barnes, Kevin T Bottomley, Lee C Powlus, Mark W Richards, R David Rosato, Richard M Hoyt, Robert E Trautmann and Sara M Longobardi. View Insider Buying and Selling for People's United Financial.

Who bought People's United Financial stock? Who is buying People's United Financial stock?

People's United Financial's stock was bought by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Mycio Wealth Partners LLC, Mutual of America Capital Management LLC, Butensky & Cohen Financial Security Inc. and Viking Fund Management LLC. View Insider Buying and Selling for People's United Financial.

How do I buy People's United Financial stock?

Shares of People's United Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is People's United Financial's stock price today?

One share of People's United Financial stock can currently be purchased for approximately $18.89.


MarketBeat Community Rating for People's United Financial (NASDAQ PBCT)
Community Ranking:  0.8 out of 5 ()
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  403 (Vote Underperform)
Total Votes:  484
MarketBeat's community ratings are surveys of what our community members think about People's United Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for People's United Financial (NASDAQ:PBCT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 8 Hold Ratings
Consensus Rating:Hold (Score: 1.80)
Consensus Price Target: $18.84 (0.24% downside)
Consensus Price Target History for People's United Financial (NASDAQ:PBCT)
Price Target History for People`s United Financial (NASDAQ:PBCT)
Analysts' Ratings History for People's United Financial (NASDAQ:PBCT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/22/2017Piper Jaffray CompaniesReiterated RatingSell$17.00N/AView Rating Details
8/18/2017Jefferies Group LLCReiterated RatingHold$19.00LowView Rating Details
7/10/2017Keefe, Bruyette & WoodsReiterated RatingNeutral -> HoldLowView Rating Details
7/7/2017Morgan StanleyReiterated RatingEqual Weight$17.50 -> $17.75LowView Rating Details
3/10/2017Sandler O'NeillUpgradeSell -> Hold$17.00 -> $19.50LowView Rating Details
1/20/2017Barclays PLCBoost Price TargetUnderweight$17.00 -> $18.00N/AView Rating Details
1/6/2017Wells Fargo & CompanyInitiated CoverageMarket PerformN/AView Rating Details
1/5/2017J P Morgan Chase & CoInitiated CoverageNeutral$20.50N/AView Rating Details
12/21/2016StephensInitiated CoverageEqual WeightN/AView Rating Details
12/20/2016FBR & CoUpgradeUnderperform -> Market Perform$15.00 -> $20.00N/AView Rating Details
10/11/2016Deutsche Bank AGBoost Price TargetHold$14.00 -> $15.00N/AView Rating Details
11/10/2015Janney Montgomery ScottBoost Price TargetBuy$16.00 -> $17.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for People's United Financial (NASDAQ:PBCT)
Earnings by Quarter for People`s United Financial (NASDAQ:PBCT)
Earnings History by Quarter for People's United Financial (NASDAQ PBCT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/17/2018$0.26N/AView Earnings Details
10/19/2017Q3 2017$0.25$0.26$374.59 million$373.90 millionViewN/AView Earnings Details
7/20/2017Q2 2017$0.23$0.19$357.16 million$366.50 millionViewN/AView Earnings Details
4/20/2017Q1 2017$0.22$0.22$336.29 million$342.80 millionViewN/AView Earnings Details
1/19/2017Q416$0.24$0.24$343.60 million$331.00 millionViewN/AView Earnings Details
10/20/2016Q316$0.23$0.25$334.90 million$336.10 millionViewListenView Earnings Details
7/21/2016Q216$0.22$0.23$331.63 million$325.40 millionViewListenView Earnings Details
4/21/2016Q116$0.21$0.21$332.23 million$322.40 millionViewListenView Earnings Details
1/21/2016Q415$0.23$0.22$326.20 million$332.10 millionViewListenView Earnings Details
10/15/2015Q315$0.22$0.23$325.08 million$321.90 millionViewListenView Earnings Details
7/16/2015Q215$0.21$0.21$318.22 million$313.40 millionViewListenView Earnings Details
4/16/2015Q115$0.20$0.21$313.91 million$317.10 millionViewN/AView Earnings Details
1/15/2015Q414$0.21$0.22$317.12 million$314.90 millionViewN/AView Earnings Details
10/16/2014Q314$0.21$0.21$317.99 million$312.50 millionViewListenView Earnings Details
7/17/2014Q214$0.20$0.24$315.20 million$328.30 millionViewListenView Earnings Details
4/16/2014Q1$0.20$0.18$312.70 million$307.00 millionViewListenView Earnings Details
1/16/2014Q413$0.20$0.20$310.90 millionViewListenView Earnings Details
10/17/2013Q313$0.21$0.20$311.20 millionViewListenView Earnings Details
7/18/2013Q2 2013$0.19$0.20$307.93 millionViewListenView Earnings Details
4/18/2013Q1 2013$0.18$0.18$309.81 millionViewListenView Earnings Details
1/17/2013Q4 2012$0.19$0.19$314.17 millionViewN/AView Earnings Details
10/18/2012$0.18$0.18ViewN/AView Earnings Details
7/19/2012$0.19$0.20ViewN/AView Earnings Details
4/19/2012$0.18$0.18ViewN/AView Earnings Details
1/19/2012$0.18$0.17ViewN/AView Earnings Details
10/20/2011$0.17$0.19ViewN/AView Earnings Details
7/21/2011$0.15$0.17ViewN/AView Earnings Details
4/20/2011$0.12$0.15ViewN/AView Earnings Details
1/20/2011$0.10$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for People's United Financial (NASDAQ:PBCT)
2017 EPS Consensus Estimate: $0.94
2018 EPS Consensus Estimate: $1.07
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.21$0.22$0.22
Q2 20173$0.22$0.24$0.23
Q3 20173$0.24$0.25$0.25
Q4 20173$0.25$0.25$0.25
Q1 20182$0.25$0.26$0.26
Q2 20182$0.26$0.26$0.26
Q3 20182$0.27$0.28$0.28
Q4 20182$0.27$0.28$0.28
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for People's United Financial (NASDAQ:PBCT)
Next Dividend:11/15/2017
Annual Dividend:$0.69
Dividend Yield:3.65%
Dividend Growth:1.50% (3 Year Average)
Payout Ratio:75.83% (Trailing 12 Months of Earnings)
71.88% (Based on This Year's Estimates)
63.30% (Based on Next Year's Estimates)
Track Record:10 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for People`s United Financial (NASDAQ:PBCT)

Dividend History by Quarter for People's United Financial (NASDAQ PBCT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/19/2017quarterly$0.1711/1/201711/15/2017
7/20/2017quarterly$0.173.93%7/28/20178/1/20178/15/2017
4/20/2017quarterly$0.173.93%4/27/20175/1/20175/15/2017
1/19/2017quarterly$0.173.64%1/30/20172/1/20172/15/2017
10/20/2016quarterly$0.1710/28/201611/1/201611/15/2016
7/21/2016quarterly$0.177/28/20168/1/20168/15/2016
4/21/2016quarterly$0.174/27/20165/1/20165/15/2016
1/21/2016quarterly$0.171/28/20162/1/20162/15/2016
10/15/2015quarterly$0.1710/28/201511/1/201511/15/2015
7/16/2015quarterly$0.174.14%7/29/20158/1/20158/15/2015
4/16/2015quarterly$0.174.45%4/29/20155/1/20155/15/2015
1/16/2015quarterly$0.174.62%1/28/20152/1/20152/15/2015
10/16/2014quarterly$0.174.78%10/29/201411/1/201411/15/2014
7/17/2014quarterly$0.174.46%7/30/20148/1/20148/15/2014
4/16/2014quarterly$0.174.54%4/29/20145/1/20145/15/2014
1/16/2014quarterly$0.164.38%1/29/20142/1/20142/15/2014
10/17/2013quarterly$0.164.52%10/30/201311/1/201311/15/2013
7/18/2013quarterly$0.164.2%7/30/20138/1/20138/15/2013
4/18/2013quarterly$0.165.05%4/29/20135/1/20135/15/2013
1/17/2013quarterly$0.165.17%1/30/20132/1/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for People's United Financial (NASDAQ:PBCT)
Insider Ownership Percentage: 2.70%
Institutional Ownership Percentage: 77.19%
Insider Trades by Quarter for People`s United Financial (NASDAQ:PBCT)
Institutional Ownership by Quarter for People`s United Financial (NASDAQ:PBCT)
Insider Trades by Quarter for People's United Financial (NASDAQ:PBCT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/20/2017Janet M HansenDirectorSell12,000$17.14$205,680.00View SEC Filing  
7/25/2017Jeffrey HoytInsiderSell6,759$17.98$121,526.82View SEC Filing  
6/8/2017Robert E TrautmannVPSell118,836$17.08$2,029,718.88View SEC Filing  
5/30/2017Jerry FranklinDirectorSell4,520$16.72$75,574.40View SEC Filing  
3/7/2017David K NortonVPSell149,965$19.24$2,885,326.60View SEC Filing  
3/7/2017Galan G. DaukasInsiderSell9,143$19.21$175,637.03View SEC Filing  
2/17/2017Robert E. TrautmannVPSell696$19.10$13,293.60View SEC Filing  
2/10/2017Robert E. TrautmannVPSell232$18.77$4,354.64View SEC Filing  
1/25/2017Mark W RichardsDirectorSell32,732$19.02$622,562.64View SEC Filing  
1/24/2017Richard M HoytDirectorSell100,000$18.89$1,889,000.00View SEC Filing  
12/15/2016David K NortonVPSell43,745$19.34$846,028.30View SEC Filing  
12/13/2016Richard M HoytDirectorSell50,000$19.38$969,000.00View SEC Filing  
12/8/2016Jeffrey J TengelInsiderSell195,883$20.04$3,925,495.32View SEC Filing  
12/8/2016Kevin T BottomleyDirectorSell5,000$19.85$99,250.00View SEC Filing  
12/1/2016R David RosatoCFOSell43,830$18.92$829,263.60View SEC Filing  
11/18/2016John K DwightDirectorSell50,000$18.21$910,500.00View SEC Filing  
11/17/2016Janet M. HansenDirectorSell194,415$18.21$3,540,297.15View SEC Filing  
11/17/2016Jeffrey HoytInsiderSell14,176$18.28$259,137.28View SEC Filing  
11/16/2016Collin P BaronDirectorSell194,415$18.37$3,571,403.55View SEC Filing  
11/15/2016George P CarterDirectorSell236,679$18.53$4,385,661.87View SEC Filing  
11/14/2016David K NortonVPSell153,792$18.55$2,852,841.60View SEC Filing  
11/14/2016Jerry FranklinDirectorSell194,415$18.75$3,645,281.25View SEC Filing  
11/14/2016John P BarnesInsiderSell200,000$18.44$3,688,000.00View SEC Filing  
11/10/2016Kevin T BottomleyDirectorSell7,000$18.04$126,280.00View SEC Filing  
11/10/2016Lee C. PowlusVPSell26,442$17.92$473,840.64View SEC Filing  
11/10/2016Sara M. LongobardiInsiderSell12,437$17.88$222,373.56View SEC Filing  
11/9/2016John P. BarnesInsiderSell136,809$17.48$2,391,421.32View SEC Filing  
11/2/2016Robert E. TrautmannVPSell10,000$16.12$161,200.00View SEC Filing  
8/31/2016David K. NortonVPSell15,495$16.05$248,694.75View SEC Filing  
8/18/2016Robert E. TrautmannVPSell47,707$15.48$738,504.36View SEC Filing  
8/5/2016Robert E. TrautmannVPSell186,123$15.38$2,862,571.74View SEC Filing  
3/9/2016Jerry FranklinDirectorSell4,950$15.38$76,131.00View SEC Filing  
3/4/2016Galan G. DaukasEVPSell7,624$15.59$118,858.16View SEC Filing  
3/4/2016Mark W. RichardsDirectorSell6,500$15.54$101,010.00View SEC Filing  
11/2/2015Janet M HansenDirectorSell10,000$16.14$161,400.00View SEC Filing  
7/21/2015Galan G DaukasEVPSell4,865$16.20$78,813.00View SEC Filing  
6/17/2015Kirk W WaltersVPSell383,982$16.08$6,174,430.56View SEC Filing  
6/16/2015Jeffrey HoytInsiderSell87,841$16.11$1,415,118.51View SEC Filing  
5/1/2015Jerry FranklinDirectorSell5,000$15.03$75,150.00View SEC Filing  
2/4/2015Robert E TrautmannVPSell4,190$14.53$60,880.70View SEC Filing  
2/4/2015Sara M LongobardiEVPSell6,678$14.53$97,031.34View SEC Filing  
1/21/2015Galan G DaukasEVPBuy7,600$14.12$107,312.00View SEC Filing  
1/20/2015Galan G DaukasEVPBuy7,600$14.12$107,312.00View SEC Filing  
12/18/2014William Frank Jr. CrugerDirectorBuy6,725$14.88$100,068.00View SEC Filing  
12/4/2014Jeffrey HoytInsiderSell2,920$14.67$42,836.40View SEC Filing  
8/29/2014Jerry FranklinDirectorSell3,700$14.93$55,241.00View SEC Filing  
8/11/2014Robert E TrautmannVPSell15,000$14.47$217,050.00View SEC Filing  
8/4/2014Mark W RichardsDirectorSell30,000$14.36$430,800.00View SEC Filing  
3/5/2014George CarterDirectorSell4,000$14.34$57,360.00View SEC Filing  
1/24/2014Galan DaukasEVPBuy11,400$14.66$167,124.00View SEC Filing  
10/31/2013Kevin T BottomleyDirectorSell25,000$14.49$362,250.00View SEC Filing  
9/10/2013Jeffrey HoytInsiderSell2,014$14.32$28,840.48View SEC Filing  
5/20/2013Jerry FranklinDirectorSell8,571$14.11$120,936.81View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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People's United Financial (PBCT) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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