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People's United Financial Inc.

 
Hoover's Profile: People's United Financial, Inc.
(NASDAQ (GS):PBCT)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
People's United Financial, Inc.
850 Main St.
Bridgeport, CT 06604
CT Tel. 203-338-7171
Fax 203-338-2310

Type: Public
On the web: http://www.peoples.com
Employees: 4,754
Employee growth: 66.5%

People who need People's need banking and related financial services. People's United Financial is the holding company for People's United Bank (formerly People's Bank). Founded in 1842, the bank has more than 300 locations (including traditional branches, supermarket branches, commercial banking offices, investment and brokerage offices, and equipment leasing offices) in New England and New York. In addition to deposit and trust services, the bank originates commercial real estate loans (more than a third of its portfolio), commercial and industrial loans, residential mortgages, and consumer loans. The company acquired multibank holding company Chittenden Corporation in early 2008.

Key numbers for fiscal year ending December, 2008:
Sales: $940.0M
One year growth: 39.9%
Net income: $139.5M
Income growth: (7.4%)

Officers:
Chairman: George P. Carter
President, CEO, and Director: Philip R. Sherringham
SVP and CTO: David S. Marsh

Competitors:
Bank of America
Citizens Financial Group
TD Bank USA

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