Comments for PBCT - Stockpickr! Your Source for Stock Ideas

Comments for PBCT

Added By	Comments	Type	Date Added
barrons3	That's a well-known financial firm; Connecticut's People's United Financial (PBCT), however, is anything but. "They were misunderstood by the market. They were a mutually owned savings and loan that has opted to go at least partially public," he explains. Having done so, it is sitting on a lot of capital. He's waiting patiently for People's to make what he thinks will be "a transformative acquisition."	Love	November 07, 2009
barrons3	Like NewAlliance, People’s United Financial operates out of Connecticut, and these two banks will share the spoils of the FDIC’s bad-bank auctions. People’s holds $20 billion in assets, or loans, $14 billion in deposits, and it’s among the top five in market share in Connecticut, New Hampshire and Vermont. Some of the company’s 300 branches are located in Maine, Massachusetts and Westchester County, New York, as well. And management plans to double or triple its assets over the next two to five years. There is a “problem,” though. People’s United just has too much money on its hands, as seen in that 19.5% tangible-capital-to-assets ratio. No wonder this bank scoffed at the government’s TARP money. The company’s been putting some of that money to work, last year buying Chittenden, Vermont’s largest full-service bank, at a discount. There are plans to buy a Northeast commercial bank as well, and, of course, People’s is ready to take on whatever the FDIC has to offer. Soon enough, this midsized regional bank, Cramer says, could be a regional banking titan.	Love	October 29, 2009
CountR	Excess cash	Love	July 18, 2009
barrons3	These include First Niagara (FNFG), People's United Financial (PBCT), NewAlliance (NAL) and Glacier (GBCI). Increasingly I believe the FDIC will call on these banks to acquire others with bad commercial real estate precisely because they are brimming with capital. The objections to entities buying collapsing banks has to do with weak capitalization structure, particularly when it comes to private equity.	Love	July 16, 2009
barrons3	Hold -- Price 15.12 on July 6 by Maxim Group PBCT is expected to report 2Q09 earnings July 16, and we're not anticipating a material change in recent earnings trends; we expect 2Q09 EPS ... of 7 cents, in line with consensus mean estimates for PBCT [of] 5 cents to 8 cents ... . Last quarter, PBCT reported EPS of 8 cents, below the 10-cent consensus, [on] slower top-line growth, due to margin compression. While provision costs were elevated, overall credit quality was solid, with a net charge-off ratio of only 18 basis points. Market cap: $5.3 billion.	Love	July 11, 2009
debwinkel	Little guy gets big?	Love	July 01, 2009
ken_diemer	growth	Love	June 22, 2009
atrojan72	POTENTIAL	Love	May 17, 2009
slaffka-s	No dept, lots of cash.	Love	May 14, 2009
barrons3	Q: What is an example of that? A: For the most part, we don't invest in banks, but we have a stake in People's United Financial (PBCT), based in Connecticut. It has become the 11th-largest bank in the country by market capitalization.	Love	May 02, 2009
High Dividends	raised the dividend on its common shares.	Love	April 18, 2009
barrons3	The investment in the Baltimore-based asset manager reflects a significant rebalancing out of the fund's profitable energy exposure -- which had peaked at 15% early this year, and included FMC Technologies (FTI), Noble (NE), and Smith International (SII) -- into financials. Since the spring, Sloan also has added People's United Financia l (PBCT), Moody's Investor Service (MCO) and Progressive (PGR) as part of boosting his weighting in financials from 5% to 15%.	Love	September 20, 2008
barrons2	REGIONAL BANKS: TFS Financial (TFSL), American Capital Agency (AGNC) Hudson City Bancorp (HCBK), People's United Financial (PBCT)	Love	August 27, 2008
barrons2	People's United Financial could end up bigger and stronger in the credit crunch. The stock has about 20% upside.	Love	August 23, 2008
mrlien	No subprime exposure--great performing stock	Love	May 02, 2008
High Dividends	12.5%	Love	April 21, 2008
stefster41	no mortgage issues	Love	February 29, 2008
sep23	Recent IPO	Love	October 12, 2007
cesarechaz	Growth	Love	October 10, 2007
garliceye	undervalued bank; hit for being a financial when it has no mortgage exposure	Love	August 14, 2007
sarah z	Five insiders of the company have recently purchased 90,000 shares or $1,800,000 worth of stock On April 19th, People's United Financial Inc. said Thursday its main subsidiary, People's Bank, posted a slightly smaller first-quarter profit on an increased provision for loan losses. The stock trades at a 15x forward PE and has a BUY rating from Thestreet.com Ratings	Love	April 25, 2007
Barrons	Five insiders of the company have recently purchased 90,000 shares or $1,800,000 worth of stock	Love	April 21, 2007
gwippick	Peoples Bank has scheduled a conversion from Mutual Owenership to Public Stock ownership. I am a depositor an can bury shares in the new corporation, but it has a very high PE for a Bank, PE=49. Is this a good opportunity?	Love	March 15, 2007
Pam	Current Yield: +2.21% Projected 3yr Dividend Growth: +8.58%	Love	February 14, 2007