People's United Bank (PBCT) Tops Q1 EPS by 1c

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Go back to People's United Bank (PBCT) Tops Q1 EPS by 1c

People's United Financial Reports First Quarter Net Income Of $0.20 Per Share And Operating Earnings Of $0.21 Per Share; Announces Dividend Increase

April 16, 2015 7:00 AM EDT

BRIDGEPORT, Conn., April 16, 2015 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $59.2 million, or $0.20 per share, for the first quarter of 2015, compared to $53.1 million, or $0.18 per share, for the first quarter of 2014, and $64.7 million, or $0.22 per share, for the fourth quarter of 2014.  Operating earnings were $63.2 million, or $0.21 per share, for the first quarter of 2015, compared to $56.5 million, or $0.19 per share, for the first quarter of 2014, and $65.1 million, or $0.22 per share, for the fourth quarter of 2014.

The Company's Board of Directors voted to increase the... More