People's United Financial Inc (PBCT) Stock
PBCT is no longer traded. People's United Financial was acquired by M&T Bank (MTB) on April 1, 2022.
Each PBCT share was exchanged for 0.118 shares of M&T Bank common stock. Prices on this page are historical; the last trade was April 1, 2022 at $19.41.
See M&T Bank (MTB) stock →People's United Financial stock price history
PBCT final trading statistics
- Final close
- $19.41
- Final trading day
- Apr 1, 2022
- Market cap at delisting
- $8.37B
- Shares outstanding
- 431.32M
- Final 52-week range
- $15.18 – $21.98
- Avg. volume (final 3 mo.)
- 8,857,551
- All-time high (split-adj.)
- $21.71 · Mar 2022
- All-time low (split-adj.)
- $0.02 · Dec 1991
- Return since IPO
- +34684.9%
- Beta
- 0.93
- Book value / share
- $18.12
- Price / book
- 1.07
People's United Financial annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2021 | $1.89B | $604.9M | $1.47 |
| FY2020 | $1.99B | $219.6M | $1.26 |
| FY2019 | $1.84B | $520.4M | $1.38 |
| FY2018 | $1.60B | $468.1M | $1.31 |
| FY2017 | $1.45B | $337.2M | $1.03 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About People's United Financial Inc
People's United Financial, Inc. operates as the bank holding company for People's United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company offers commercial deposit products, commercial real estate lending, middle market and business banking, equipment financing, mortgage warehouse and asset-based lending, treasury management services, and capital market capabilities. It also provides consumer lending, including residential mortgage and home equity lending; and consumer deposit gathering services. In addition, the company offers brokerage, financial and investment advisory, investment management, life insurance, financial management and planning, and non-institutional trust services, as well as cash management, municipal banking, online banking, investment trading, and telephone banking services. As of March 04, 2022, it operated approximately 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire, and Maine. The company also operates 562 ATMs. People's United Financial, Inc. was founded in 1842 and is headquartered in Bridgeport, Connecticut. As of April 1, 2022, People's United Financial, Inc. operates as a subsidiary of M&T Bank Corporation.
People's United Financial stock FAQ
What happened to People's United Financial stock?
People's United Financial was acquired by M&T Bank (MTB) on April 1, 2022. Shareholders received 0.118 shares of M&T Bank common stock for each share. PBCT stock stopped trading on the Nasdaq, with a final close of $19.41 on April 1, 2022.
What did People's United Financial shareholders receive?
Each PBCT share was converted into 0.118 shares of M&T Bank common stock. The deal was valued at about $7.6 billion.
Is PBCT stock still trading?
No. PBCT was delisted from the Nasdaq on April 1, 2022 and no longer trades on a U.S. exchange. Former People's United Financial shareholders received M&T Bank (MTB) shares.
What was the last price of PBCT stock?
PBCT closed at $19.41 on its final trading day, April 1, 2022, for a market value of about $8.37B.
What were People's United Financial's revenue and earnings in its last full fiscal year?
People's United Financial reported revenue of $1.89B and net income of $604.9M in fiscal 2021, its last full year as a public company.
When did People's United Financial go public?
People's United Financial Inc stock began trading on May 12, 1993.