People's United Financial, Inc. operates as the bank holding company for People's United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The Company operates in two segments, Commercial Banking and Retail Banking. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services. This segment also provides equipment financing; cash management, correspondent banking, and municipal banking services; institutional trust, corporate trust, private banking, and insurance services. The Retail Banking segment offers consumer lending, including residential mortgage and home equity lending; and consumer deposit gathering services. This segment also provides brokerage, financial advisory, investment management, life insurance, and non-institutional trust services. The Company also offers online banking, investment trading, and telephone banking services.

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Type
Public
HQ
Bridgeport, US
Founded
2006
Size (employees)
4,749 (est)
People's United Financial was founded in 2006 and is headquartered in Bridgeport, US
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People's United Financial Office Locations

People's United Financial has an office in Bridgeport
Bridgeport, US (HQ)
850 Main St
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People's United Financial Financials and Metrics

People's United Financial Financials

People's United Financial's revenue was reported to be $1.13 b in FY, 2016 which is a 5.5% increase from the previous period.
USD

Market capitalization (23-Apr-2018)

6.1 b
People's United Financial's current market capitalization is $6.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1 b1 b1.1 b1.1 b

Revenue growth, %

3%4%5%

Cost of goods sold

115.8 m118.7 m136.8 m155.1 m

Gross profit

888.6 m911.9 m932.1 m972.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cost of goods sold

34.1 m35.1 m37.9 m38.5 m39.2 m41.9 m47.1 m

Sales and marketing expense

109.3 m113.4 m114.1 m111.4 m116.1 m125.6 m130 m

General and administrative expense

36.8 m37 m37.5 m37.4 m37.7 m38.6 m39.8 m

Operating expense total

211.8 m214.2 m217.3 m212.9 m221.4 m226.1 m257.3 m
USDFY, 2016FY, 2017

Accounts Receivable

Inventories

PP&E

253 m

Accounts Payable

222 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

232.4 m251.7 m260.1 m281 m

Inventories

Accounts Payable

Cash From Operating Activities

379.4 m350 m328.3 m335.6 m602 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

173.1 m53.1 m125.4 m187 m59.2 m120.9 m189.3 m62.9 m131.4 m205.1 m70.8 m140.1 m90.8 m

Cash From Operating Activities

289.9 m94.1 m153.4 m237.5 m(4.1 m)125.2 m199.2 m116.1 m144.1 m286.4 m176.6 m209.8 m400.3 m

Purchases of PP&E

(630.4 m)(38.6 m)(64.9 m)(520 m)(597.7 m)(9.5 m)(9.5 m)(471 m)(30.6 m)(30.6 m)(1 m)(30.6 m)

Cash From Investing Activities

(1.5 b)41.3 m(610.9 m)(1.5 b)(872.3 m)(1.7 b)(2 b)(323.3 m)(890 m)(1.5 b)373.5 m(45.6 m)(216.4 m)
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People's United Financial Operating Metrics

People's United Financial's Total Loans was reported to be $31.4b in Q2, 2017.
FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

412 396 387

Non-performing Loans

$197 m$159.40 m$168.50 m$157.40 m$154.10 m$148 m$140.90 m$177.90 m

Total Loans

$33.77 b$36.93 b$29.30 b$28.82 b$29.14 b$39.78 b$29.46 b$31.38 b
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People's United Financial Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Suffolk Bancorp (337)June 27, 2016$402 m
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People's United Financial News and Updates

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