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Map of People's United branches as of March 2013. People's United Financial, Inc., was an American bank holding company that owned People's United Bank. [1] The bank operated 403 branches in Connecticut, southeastern New York State, Massachusetts, Vermont, Maine, and New Hampshire. [1]
United Bank was an American bank headquartered in Hartford, Connecticut, and had locations throughout Connecticut, Massachusetts and Rhode Island. The bank was acquired in 2019 by People's United Financial and branches were rebranded or closed.
The recent acquisition of United Financial Bancorp will likely be conducive to People's United (PBCT) bottom-line growth. Further, the buyout reflects the company's efforts to fortify its footprint.
People's United's (PBCT) Q3 earnings are likely to reflect the impacts of a decent deposit balance. A rise in expenses and a decline in operating lease income are expected to have been impediments.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of People's United Financial Inc.Global Credit Research - 13 Jan 2022New York, January 13, 2022 ...
People's United Financial's (PBCT) efforts to strengthen core banking operations are likely to support profitability in the quarters ahead. People's United Arm to Divest PUIA in $120M All-Cash ...
People's United Financial is a small bank that fits squarely in plain-vanilla territory. The company's balance sheet is clean, simple, and understandable, made.
It was established by buying seven former Fleet Bank offices in the area and had 75 employees, 7 branches, and $74 million in assets. [2] William C. Bullock Jr. led the bank from its founding until his retirement in 2004. [1] Leonard Minsky served as the bank's founding director. [3] In 2008, it was acquired by People's United Bank. [1]
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