People's United Bank (PBCT) Tops Q4 EPS by 4c

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Go back to People's United Bank (PBCT) Tops Q4 EPS by 4c

People's United Financial Reports Fourth Quarter Net Income of $106.2 Million, or $0.30 Per Common Share; Operating Earnings of $0.31 Per Common Share

January 18, 2018 4:01 PM EST

BRIDGEPORT, Conn., Jan. 18, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported net income of $106.2 million, or $0.30 per common share, for the fourth quarter of 2017, compared to $75.9 million, or $0.24 per common share, for the fourth quarter of 2016, and $90.8 million, or $0.26 per common share, for the third quarter of 2017. For the year ended December 31, 2017, net income totaled $337.2 million, or $0.97 per common share, compared to $281.0 million, or $0.92 per common share, for 2016.

Included in both the fourth quarter and full year 2017 results were the following items, which are deemed... More