People's United Bank (PBCT) Reports In-Line Q2 EPS

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Go back to People's United Bank (PBCT) Reports In-Line Q2 EPS

People's United Financial Reports Second Quarter Net Income of $0.20 Per Share and Operating Earnings of $0.21 Per Share

July 16, 2015 4:12 PM EDT

BRIDGEPORT, Conn., July 16, 2015 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $61.7 million, or $0.20 per share, for the second quarter of 2015, compared to $72.3 million, or $0.24 per share, for the second quarter of 2014, and $59.2 million, or $0.20 per share, for the first quarter of 2015. Included in the results for the second quarter of 2014 is a net after-tax gain of $13.4 million ($0.04 per share) resulting from the formation of a merchant services joint venture.  Operating earnings were $63.7 million, or $0.21 per share, for the second quarter of 2015, compared to $59.9 million, or $0.20 per... More