PBCT
People's United Financial, Inc.NASDAQ
1d
5d
1m
6m
1y
5y
10y
Advanced Chart
  • Mon, Jun. 27, 8:09 AM
    • The all-stock deal values Suffolk (NYSE:SCNB) at about $402M, or $33.55 per share (vs. Friday's close of $23.49). SCNB owners will receive 2.225 shares of People's United Financial (NASDAQ:PBCT) common stock for each share of SCNB they hold.
    • People's expects the deal to be accretive to EPS (excluding one-time costs), with an IRR of 17% and tangible book value earn-back within five years. The purchase is expected to close in Q4.
    • A conference call is set for 9 ET.
    • SCNB +4.5% to $24.55 premarket
    | Mon, Jun. 27, 8:09 AM
  • Jun. 25, 2012, 8:30 AM

    People's United Financial (PBCT) closes on its acquisition of 57 branches and $324M in deposits from RBS Citizens in the New York metro area. The original deal was for 56, but one has been added. (PR)

    | Jun. 25, 2012, 8:30 AM