People's United

People's United is a financial institution that provides personal and commercial banking products and services for individuals and businesses. Read more

John P. Barnes's photo - President & CEO of People's United

President & CEO

John P. Barnes

CEO Approval Rating

75/100

Founded:

1842

Status:

PublicAcquisition Pending from M&t Bank CorpNASDAQPBCT

PEOPLE'S UNITED TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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FNB is seen as one of People's United's top competitors. FNB's headquarters is in Pittsburgh, Pennsylvania, and was founded in 1864. Like People's United, FNB also works within the Banks industry. FNB generates 56% of People's United's revenue.

FHB is one of People's United's top rivals. FHB was founded in 1858, and its headquarters is in Honolulu, Hawaii. Like People's United, FHB also works within the Banks field. FHB has 3,436 fewer employees than People's United.

WSFS is People's United's #3 rival. WSFS is a Public company that was founded in 1832 in Wilmington, Delaware. Like People's United, WSFS also competes in the Banks sector. Compared to People's United, WSFS has 3,698 fewer employees.

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People's United Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2B

People's United's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 3.2B. Over the last four quarters, People's United's revenue has decreased by 3%. Specifically, in Q1 2021's revenue was $480.5M; in Q4 2020, it was $561M; in Q3 2020, it was $492.5M; in Q2 2020, People's United's revenue was $495.2M.

People's United Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
United Financial Bancorp, Inc.

Jul 2019

Source »
$759M
United Financial is a holding company that provides commercial and business banking products and wealth management services.
VAR Technology Finance

Jan 2019

Source »
undisclosed
VAR is a provider of leasing and customer financing services for individuals and corporates.
BSB Bancorp, Inc.

Nov 2018

Source »
$327M
Belmont Savings provides personal checking for savings and deposit accounts, home equity lines of credit, mortgage and business banking services.
Vend Lease Company, Inc.

Jul 2018

Source »
undisclosed
Vend Lease is a financial services firm that specializes in providing equipment leasing services for the vending industry.
First Connecticut Bancorp, Inc.

Jun 2018

Source »
$544M
First Connecticut is a bank holding company that provides consumer and commercial banking services to businesses and individuals.

These are all the companies that People's United has acquired. People's United has acquired 11 companies and its latest acquisition was United Financial Bancorp, Inc. in Jul 2019. United Financial is a holding company that provides commercial and business banking products and wealth management services.

People's United Funding History

No recent funding data found related to People's United

People's United Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Orbit designs and manufactures electronic subsystems and components for military, industrial and commercial applications.
$1.6M
May 04, 2020
Debt
-
$350K
Apr 12, 2020
Debt - PPP (CARES Act)
-
$350K
Apr 05, 2020
Debt - PPP (CARES Act)
-
Esplanade Capital is a real estate investment company that acquires and manages commercial and residential properties.
$15.5M
Feb 03, 2020
Debt
-
-
Nov 13, 2019
Debt
-

These are all the companies that People's United has invested in. People's United has invested 11 companies and its latest investment was United Financial Bancorp, Inc. in Jul 2019. United Financial is a holding company that provides commercial and business banking products and wealth management services.

People's United News

April 21, 2021MarketScreener

Declares Cash Dividend on Preferred Stock

(marketscreener.com) BRIDGEPORT, Conn., April 22, 2021 /PRNewswire/ -- People's United Financial, Inc... See more »
April 14, 2021Equipment Finance Advisor

People's United Bank Promotes Healthcare Specialty Finance Team Bankers

People's United Bank announced the promotion of two Healthcare Specialty Finance Team bankers: Liam R... See more »
April 6, 2021Benzinga

Looking Into People's United Finl's Return On Capital Employed

People's United Finl (NASDAQ:PBCT) reported Q4 sales of $561.00 million. Earnings fell to a loss of $... See more »
April 5, 2021MarketScreener

Halper Sadeh LLP Investigates WIFI, WSFS, PTVCA, PBCT; Shareholders are Encouraged to Contact the Firm

(marketscreener.com) NEW YORK, April 05, 2021 -- Halper Sadeh LLP, a global investor rights law firm,... See more »
April 3, 2021MarketScreener

Monteverde & Associates PC Announces an Investigation of People's United Financial, Inc. - PBCT

(marketscreener.com) NEW YORK, April 2, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing pa... See more »
March 17, 2021BusinessWest

M&T Bank Corp. to Purchase People's United Financial Inc.

Creating a Powerhouse M&T Bank Corp. is no stranger to acquisitions, having broadly expanded its geog... See more »
March 11, 2021Rochester Business Journal

M&T Bank acquires People's United Financial, bringing total assets to $200B

M&T Bank is in the process of acquiring People's United Financial, a Connecticut-based bank that serv... See more »

People's United Press Releases

February 25, 2021centralcharts

Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of People's United Financial, Inc. - PBCT

PEOPLE'S UNITED INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC In... See more »
January 21, 2021StreetInsider

People's United Bank Announces Decision Not to Renew Existing In-Store Branch Contracts with Stop & Shop in NY and CT

BRIDGEPORT, Conn., Jan. 21, 2021 /PRNewswire/ -- People's United Bank N.A., a subsidiary of People's ... See more »
December 21, 2020PR Newswire

People's United Bank Charitable Foundations Award More Than $3.95 Million In 2020

BRIDGEPORT, Conn., Dec. 21, 2020 /PRNewswire/ -- The People's United Community Foundation (PUCF) and ... See more »
January 16, 2020PR Newswire

People's United Financial Reports Fourth Quarter Net Income of $137.5 Million, or $0.31 per Common Share

BRIDGEPORT, Conn., Jan. 16, 2020 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today... See more »
October 2, 2019Business Wire

Postal Realty Trust, Inc. Enters Into $100 Million Credit Agreement

CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internal... See more »
September 26, 2019PRWeb

LEAF and People's United Bank Launch "Women in Leadership" Philadelphia Chapter

LEAF and People's United Bank today announced the launch of a new Women in Leadership Chapter ("WIL")... See more »
September 17, 2019PR Newswire

People's United Financial Schedules Conference Call To Review Third Quarter 2019 Results

BRIDGEPORT, Conn., Sept. 17, 2019 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) anno... See more »

People's United Videos

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People's United Headquarters

850 Main Street

Bridgeport, Connecticut06604

1-203-338-7171

Driving Directions »

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People's United Summary

ABOUT

Overview

People's United is a financial institution that provides personal and commercial banking products and services for individuals and businesses. People's United was founded in 1842. People's United's headquarters is located in Bridgeport, Connecticut, U...

CEO

People's United's President & CEO, John P. Barnes, currently has an approval rating of 75%. People's United's primary competitors are FNB, FHB & WSFS.

Frequently Asked Questions about People's United

  1. When was People's United founded?

    People's United was founded in 1842
  2. Who is People's United's CEO?

    People's United's CEO is John P. Barnes
  3. How much revenue does People's United generate?

    People's United generates $2B in revenue
  4. How much funding does People's United have?

    People's United has historically raised $0 in funding
  5. Where is People's United's headquarters?

    People's United's headquarters is in Bridgeport Connecticut, USA
  1. How many employees does People's United have?

    People's United has 5,536 employees
  2. What sector does People's United operate in?

    People's United is in Banks, Mortgage Finance, Diversified Financial Services
  3. Who are People's United's competitors?

    People's United's top competitors are FNB, FHB, WSFS
  4. Who has People's United invested in?

    People's United's has invested in companies such as Orbit International, Stowe Family Dentistry, The Southport School