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Peoples United Financial, Inc.  (PBCT)
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    Sector  Financial    Industry S&Ls Savings Banks
 
 

EARNINGS REPORT by CSIMarket

EPS Trails Revenues


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Peoples United Financial, Inc announced first quarter 2017 operating income of $102.8 millions



For the first quarter 2017 company Revenues grew faster than eps, Revenue increased by 5.45 % from the same quarter a year ago to $329 millions, as revenue in Treasury grew the most, while earnings grew modestly by 4.76 % to $0.22 per share.

Revenues increased by 1.73 % from $323 millions in preceding period, eps decreased by -8.33 % from $0.24 per share.
Peoples United Financial, Inc told that it's good performance came from several different businesses, Commercial Banking +10.57%, Treasury +350%, while following sections logged decrease in revenues Retail Banking -13.07%, Other 68.89%.
The earnings growth of 6.17% and 530%, in Commercial Banking and Treasury businesses respectively, pushed up Peoples United Financial, Inc's profits by 12.56 % in the first quarter 2017, to net income of $71 millions for the first quarter 2017, compare to income of $63 millions achieved a year before.
Other segment cut it's deficit to $-0.5 million.

Retail Banking segment was responsible for the bad news, slipping into red by $-3.9 millions, while a year ago, profits were $8.2 millions.
Peoples United Financial, Inc also emphasized it's improving profit margins, where net margin rose to 21.53% in first quarter 2017, and operating margin edged up to 31.26%.
1Other segments have decreased the loss.1Retail Banking segment has slipped into deficit.
While following indicators decreased: Allowance for Credit Losses down -1.33 %, Efficiency Ratio down -2.16 %.
While following indicators decreased: Leverage Ratio 8.50 -0.5 %.
The S&Ls Savings Banks company, also outlined contraction in Interest rate spread -8.65 %, Net Interest Margin -8.31 %, Tier1 Capital Ratio -0.9 %, Total Capital Ratio -1.7 %.
While following 2 indicators decreased catastrofaly: Nonperforming Assets Ratio -18.75 %. Worst was: Nonperforming Assets Ratio.
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Other PBCT's Earnings Reports

Peoples United Financial reported forth quarter 2016 earnings

Peoples United Financial reported third quarter 2016 earnings

Peoples United Financial reported second quarter 2016 earnings



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