- People's United Financial (NASDAQ:PBCT): Q1 Non-GAAP EPS of $0.37 beats by $0.03; GAAP EPS of $0.33 misses by $0.01.
- Revenue of $488.1M (-7.5% Y/Y) misses by $5.78M.
- Sustained excellent asset quality as evidenced by net loan charge-offs to average total loans of 12 basis points, and provision for credit losses resulting in a net benefit of $13.6 million.
- Maintained strong deposit inflows as period-end balances increased $1.3 billion or three percent linked-quarter.
- Press Release
People's United Financial EPS beats by $0.03, misses on revenue
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