16.10.2014 22:49:04
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People's United Financial Q3 Profit Rises
(RTTNews) - People's United Financial Inc (PBCT) Thursday reported third-quarter net income of $61.6 million or $0.21 per share, compared to $58.5 million or $0.19 per share last year.
Operating earnings for the quarter were $63.0 million or $0.21 per share, compared to $60.8 million or $0.20 per share last year.
Net interest income for the quarter was $228.5 million, up from $223.5 million last year. Non-interest income for the quarter were $84.0 million, down from $86.1 million last year.
Analysts polled by Thomson Reuters projected earnings of $0.21 per share on revenues of $317.23 million for the quarter. Analysts' estimates typically exclude special items.
The company declared a $0.165 per share quarterly dividend, payable November 15 to shareholders of record on November 1.
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