People's United Bank (PBCT) Tops Q2 EPS by 1c
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People's United Financial Reports Second Quarter Net Income of $69.3 Million, or $0.19 Per Common Share
July 20, 2017 4:01 PM EDTBRIDGEPORT, Conn., July 20, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $69.3 million, or $0.19 per common share, for the second quarter of 2017, compared to $68.5 million, or $0.23 per common share, for the second quarter of 2016, and $70.8 million, or $0.22 per common share, for the first quarter of 2017.
Included in this quarter's results were merger-related expenses of $24.8 million ($16.8 million after-tax), or $0.05 per common share, compared to $1.2 million ($0.8 million after-tax), or less than $0.01 per common share, for the first quarter of 2017.
The Company's Board of Directors declared a $0.1725 per... More
