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Zacks News
People's United (PBCT) Tops Q4 Earnings and Revenue Estimates
by Zacks Equity Research
People's United (PBCT) delivered earnings and revenue surprises of 9.38% and 14.76%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Why People's United Financial (PBCT) Might Surprise This Earnings Season
by Zacks Equity Research
People's United Financial (PBCT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Fee Income to Support People's United (PBCT) Q4 Earnings
by Zacks Equity Research
People's United (PBCT) Q4 results likely to reflect decent fee income, partly offset by soft loan growth and the unfavorable impact of lower rates on net interest income.
Truist (TFC) Signs Deals to Sell Institutional Retirement Business
by Zacks Equity Research
Truist Financial (TFC) sells institutional 401(k) investment advisory services business to OneDigital, and signs deal to sell institutional 401(k) recordkeeping businesses to Ascensus and Empower.
Associated Banc-Corp (ASB) to Sell Wealth Unit to Rockefeller
by Zacks Equity Research
Sale of the wealth management business is likely to strengthen Associated Banc-Corp's (ASB) balance sheet and liquidity position.
Fifth Third (FITB) Concludes Purchase of Hammond Hanlon
by Zacks Equity Research
Fifth Third's (FITB) latest acquisition of Hammond Hanlon will fortify its presence in the healthcare segment.
Piper Sandler (PIPR) Acquires Restructuring Firm TRS Advisors
by Zacks Equity Research
TRS Advisors' acquisition will enable Piper Sandler (PIPR) to offer restructuring services to its clients, along with robust investment banking offerings.
CF Bankshares (CFBK) Arm Signs Deal to Divest 2 Ohio Branches
by Zacks Equity Research
CF Bankshares (CFBK) seeks to invest proceeds from the sale of branches in more profitable opportunities.
Wells Fargo (WFC) to Divest Private Student Loan Portfolio
by Zacks Equity Research
Wells Fargo (WFC) continues offloading less profitable businesses in order to focus more on core operations and free-up capital for investment in risk management systems.
Raymond James (RJF) to Buy Boutique Investment Bank Financo
by Zacks Equity Research
Raymond James (RJF) agrees to acquire a boutique investment bank focused on the consumer and retail sector.
Raymond James (RJF) to Buy NWPS Holdings, Enhance Offerings
by Zacks Equity Research
Raymond James' (RJF) acquisition of NWPS Holdings will further strengthen its presence in the retirement segment, which has been witnessing regulatory tailwinds.
Zacks.com featured highlights include: Williams-Sonoma, Rockwell Automation, Lennar Corp, People's United Financial and 3M
by Zacks Equity Research
Zacks.com featured highlights include: Williams-Sonoma, Rockwell Automation, Lennar Corp, People's United Financial and 3M
Bet on These 5 Top-Ranked Stocks With Solid Sales Growth
by Swayta Shah
Without sales growth, bottom-line improvement may not be sustainable over time. Let's check Williams-Sonoma (WSM), Rockwell (ROK), Lennar (LEN), People's United (PBCT) & 3M (MMM) as these are likely to see robust sales growth.
Farmers & Merchants (FMAO) Buys Assets of Adams County Financial
by Zacks Equity Research
Farmers & Merchants' (FMAO) acquisition of assets of Adams County Financial will likely enhance its presence in the Northeastern Indiana region and aid growth in non-interest income next year.
Investors Bancorp (ISBC) to Buy 8 Branches From Berkshire Bank
by Zacks Equity Research
Investors Bancorp (ISBC) will fortify its presence in the New Jersey and eastern Pennsylvania with the acquisition of eight branches in the region. The deal is also likely to lower its cost of funding.
Wells Fargo (WFC) Inks Deal to Divest Centurion Life Insurance
by Zacks Equity Research
Wells Fargo (WFC) continues to offload less profitable business in order to focus more on core operations and free-up capital for investment in risk management systems.
People's United (PBCT): Strong Industry, Solid Earnings Estimate Revisions
by Zacks Equity Research
People's United (PBCT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Why Is People's United (PBCT) Up 12.4% Since Last Earnings Report?
by Zacks Equity Research
People's United (PBCT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
People's United Closes Divestiture of PUIA to AssuredPartners
by Zacks Equity Research
People's United (PBCT) concludes the sale of People's United Insurance Agency to AssuredPartners.
People's United (PBCT) Q3 Earnings Beat on Revenue Strength
by Zacks Equity Research
People's United's (PBCT) Q3 results reflect higher revenues, partly offset by escalating provisions and expenses.
People's United (PBCT) Beats Q3 Earnings Estimates
by Zacks Equity Research
People's United (PBCT) delivered earnings and revenue surprises of 21.43% and -1.22%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Fee Income to Support People's United (PBCT) Q3 Earnings
by Zacks Equity Research
People's United's (PBCT) Q3 earnings are expected to have been impacted by higher fee income and lower interest income.
Earnings Preview: People's United (PBCT) Q3 Earnings Expected to Decline
by Zacks Equity Research
People's United (PBCT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
People's United Arm to Divest PUIA in $120M All-Cash Deal
by Zacks Equity Research
People's United Financial's (PBCT) efforts to strengthen core banking operations are likely to support profitability in the quarters ahead.
Northwest Bancshares to Boost Branch Efficiency, Save Costs
by Zacks Equity Research
Northwest Bancshares (NWBI) intends to enhance branch efficiency technology upgrades. These efforts will lead to cost savings.