Why People's United Financial Rocketed 12% at the Open Today
Usually this is a pretty boring little bank, but investors had good reason to send its shares soaring Monday.
Peoples United Financial(PBCT)
Nasdaq Global Select
PBCT
$17.34
-$0.46
-2.6%
Price as of April 22, 2021, 4:00 p.m. ET
View Interactive PBCT Charts
A holding company for Peoples Bank, which offers a range of financial services to individual, corporate and municipal customers.
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News & Analysis: Peoples United Financial
The Fool has written over 100 articles on Peoples United Financial.
People's United Financial Inc (PBCT) Q4 2020 Earnings Call Transcript
PBCT earnings call for the period ending December 31, 2020.
Are Banks' Words Matching Their Actions on Loan Loss Reserves?
Some banks are over-reserving heavily but saying they expect losses to be minimal, while others release reserves as coronavirus cases across the U.S. rise.
When Will People's United Resume Making Acquisitions?
The bank announced three acquisitions in less than two years leading up to the coronavirus pandemic. When will it feel ready to start buying more banks again?
People's United Financial Inc (PBCT) Q3 2020 Earnings Call Transcript
PBCT earnings call for the period ending September 30, 2020.
People's United to Sell Insurance Unit
The bank will sell its commercial insurance unit to AssuredPartners.
4 Banks That Did a Poor Job of Forecasting Loan-Loss Projections
Each of these banks saw huge increases in its quarterly loan-loss provisions between the first and second quarters of the year.
People's United Financial Inc (PBCT) Q2 2020 Earnings Call Transcript
PBCT earnings call for the period ending June 30, 2020.
3 Great Stocks You Can Buy on Sale
Discounted stock prices can signal a great buying opportunity when attached to good companies.
5 Regional Banks That Could Make an Acquisition
These banks are all trading at higher price-to-tangible-book-values than their peers.
