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Thursday, January 15, 2015

People's Profits Up 9% In Quarter

The Bridgeport-based parent of People's United Bank on Thursday posted a 9 percent increase in fourth quarter profits, boosted by healthy loan growth and tight expense control. Net income at People's United Financial Inc. for the quarter ended Dec. 31 was $64.7 million, or 22 cents a share, compared with $59.3 million, or 20 cents a share, the bank announced after market close.



via Bridgeport Newswire http://ift.tt/1xuCQi5

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