People's United Bank (PBCT) Tops Q2 EPS by 1c
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People's United Financial Reports Second Quarter Net Income of $68.5 Million, or $0.23 Per Share
July 21, 2016 4:01 PM EDTBRIDGEPORT, Conn., July 21, 2016 /PRNewswire/ --Â 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.
The Company's Board of Directors declared a $0.17 per share quarterly dividend, payable August 15, 2016 to shareholders of record on August 1, 2016. Based on the closing stock price on July 20, 2016, the dividend yield on People's United Financial common stock is 4.4 percent.
"We are pleased with the Company's... More
