People's United Bank (PBCT) Reports In-Line Q3 EPS

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People's United Financial Reports Third Quarter Net Income of $117.0 Million, or $0.33 per Common Share

October 18, 2018 4:01 PM EDT

BRIDGEPORT, Conn., Oct. 18, 2018 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today reported results for the third quarter 2018. Results for the third quarter and comparison periods are summarized below:

($ in millions, except per common share data)

 As of and for the Three Months Ended

Sep. 30, 2018

Jun. 30, 2018

Sep. 30, 2017

Net income

$          117.0

$          110.2

$             90.8

Net income available

113.5

106.7

87.3

to common shareholders

Per common share

0.33

0.31

0.26

Operating earnings1

113.8

109.0

89.3

Per common share

0.33

0.32

0.26

Net interest income

$          306.4

$          301.2

$          284.6

Net interest margin

3.15%

3.10%

3.04%

Non-interest income

92.3

... More