MARKET COMPOSITE
Market TodayThemes and Stocks SummaryThematic Stock SearchDaily Refresh Schedule
PBCT - People`s United Financial Inc
$17.94
-0.52(-2.82%)9:00:01 PM 2/26/2021
People's United Financial, Inc. is an American bank holding company that owns People's United Bank. The bank operates 403 branches in Connecticut, southeastern New York State, Massachusetts, Vermont, Maine, and New Hampshire. It is the second-largest full-service bank in New England, one of the largest in the northeast, and the 46th-largest in the United States. The company was founded in 1842 as Bridgeport Savings Bank in Bridgeport, Connecticut. In 1955, the company acquired Southport Savings Bank. In 1981, the bank became the first in the country to provide a telephone bill paying service. In 1981, the company acquired the assets of First Stamford Bank and Trust Company. In 1982, the company acquired Guardian Federal Savings and Loan Association of Bridgeport. In 1983, the company acquired People's Bank of Vernon and was renamed People's Bank. In 1985, the company began issuing credit cards. In 1986, the company acquired First Federal Savings Bank. In 1989, the company moved to a new headquarters building designed by Richard Meier. In 1991, the company acquired the deposits of Hartford-based Landmark Bank. In 1998, the company acquired Norwich Financial Corporation for $164 million in cash. In 2004, the bank sold its credit card division to the Royal Bank of Scotland at a premium of $360 million. On November 22, 2010, the bank opened its first location in Boston. On June 7, 2007, the bank changed its name to People's United Bank. On January 1, 2008, the bank acquired Chittenden Corporation for $1.9 billion. Also in 2008, the bank acquired Ocean Bank of New Hampshire, Maine Bank & Trust, Merrill Bank, Flagship Bank, and Bank of Western Massachusetts. In February 2008, a data storage company, Archive America, lost backup tapes in transit containing the "names, birthdays, Social Security numbers and other information" of customers of the bank and of The Bank of New York Mellon. In February 2010, the company acquired Financial Federal Corporation, an equipment financing company. In April 2010, the company acquired Butler Bank, which was seized by the Federal Deposit Insurance Corporation. In December 2010, the company acquired LSB Corporation and Smithtown Bancorp. In July 2011, the company acquired Danvers Bancorp. In 2012, the company acquired 57 branches in the greater New York metro area from Royal Bank of Scotland , including 53 branches in Stop & Shop supermarkets. In October 2015, the company's insurance agency subsidiary acquired Kesten-Brown Insurance. In November 2016, the bank was selected to manage the core bank accounts for the commonwealth of Massachusetts. In April 2017, the company acquired Suffolk Bancorp and in July, it acquired LEAF Commercial Capital. In August 2017, the bank was selected to manage the core bank accounts for the state of Vermont. In June 2018, People's United Bank agreed to purchase Farmington Bank in a deal valued at $544 million.
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Summary:

  • Volatility is at a recent 2 week high. A high volatility of stock movement indicates uncertainty.
  • MACD is crossing MACD signal line at 0.3. MACD crossing signal line is bullish signal.
Stock Statistics
MarketCap7.6B
PE Ratio15.6
PEG Ratio0.8
P/B0.8
P/S (ttm)3.2
Earning Growth (QoQ)51%
Revenue Growth (QoQ)
Short %4%
Held by Institutions %76%
1 Day Vol Adjusted Return-0.7
1 Month Vol Adjusted Return7.2
3 Month Vol Adjusted Return11.6
6 Month Vol Adjusted Return25.4
20 Days SMA Price ZScore1.3
50 Days SMA Price ZScore2.2
12 -26 Days PPO7.2
1 Month Average Short Volume Ratio38.1
1 Day Volume Change ZScore-0.1
1 Month Daily Vol3.8
Related Topics
Peers

Stock news