When I last wrote about People's United Financial (NASDAQ:PBCT), I noted with some surprise the level of distaste the stock was engendering with analysts. Since that time, the company's stock price has essentially stayed stagnant despite posting a couple of decent quarters. At the start of the year, I noted that PBCT was not cheap enough to buy. Now six months on and presumably that much closer to an end to the long low-rate malaise that has been the bane of all regional banks, I think PBCT is probably worth considering. In the last few months, many stocks have gotten fairly pricey, and with PBCT showing good expense control, good loan growth, and the hope of better margins...
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