Trade Peoples Fin - PFIS CFD

Trading Conditions

• Type:
  CFD

  

  Knock-out

  
• Spread: 0.34
• Long position overnight funding adjustment: -0.02132%
• Short position overnight funding adjustment: -0.00090%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 57.45
• Open: 56.07
• 1-Year Change: 11.69%
• Day's Range: 55.83 - 57.3

Trade Peoples Fin - PFIS CFD

About People's United Financial, Inc.

People’s United Financial, Inc. is the holding company for People’s United Bank, National Association (the Bank). The Company, through the Bank and its subsidiaries, provides commercial banking, retail banking and wealth management services to individual, corporate and municipal customers. The Company operates through two segments: Commercial Banking and Retail Banking. The Commercial Banking segment consists of commercial real estate lending, middle market and business banking, mortgage warehouse and asset-based lending, and the equipment financing operations. This segment also provides treasury management services, capital market capabilities and commercial deposit products. The Retail Banking segment includes consumer lending (including residential mortgage and home equity lending) and consumer deposit gathering activities. This segment also provides brokerage, financial advisory services, investment advisory services, investment management and financial management services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, People's United Financial, Inc. interest income decreased 12% to $1.6B. Net interest income after loan loss provision increased 2% to $1.5B. Net income applicable to common stockholders increased from $205.5M to $590.8M. Net interest income after loan loss provision reflects Commercial Banking segment increase of 4% to $1.09B, Retail Banking segment increase of 7% to $669.1M.

Equity composition

Common Stock $.01 Par, 03/11, 1.95B auth., 377,000,000 issd. less 22,000,000 shs. in Treas. @ $307.6M. Insiders own 0.93%. IPO 7/88, 7,273,750 shares @ $8.50 by Morgan Stanley & Co., Inc. 7/88, 25.3M shares issued to People's Mutual Hold. asso. with the bank reorganization. 01/08, Company acquired Chittenden Corp. @ 0.878 shares