PBCT - People's United Financial Inc.: The Winning Streak Continues (PBCT)
People's United Financial Inc. (NASDAQ:PBCT) traded today at a new 52-week high of $21.61. So far today approximately 889,000 shares have been exchanged, as compared to an average 30-day volume of 5 million shares.
People's United Financial Inc. share prices have moved between a 52-week high of $21.61 and a 52-week low of $15.18 and are now trading 41% above that low price at $21.43 per share.
People's United Financial Inc is a United States-based bank holding company. It operates in two segments: Commercial and Retail Banking. Commercial Banking includes commercial real estate lending, middle market, and business banking, mortgage warehouse and asset-based lending, and the equipment financing operations of PCLC, PUEFC, and LEAF. It also provides treasury management services, capital market capabilities, and commercial deposit products. Retail Banking includes consumer lending and consumer deposit gathering activities. The vast majority of its revenue is generated from the Commercial Banking segment.
People's United Financial Inc. (NASDAQ:PBCT) defies analysts with a current price ($21.43) 1.5% above its average consensus price target of $21.11.
Receive IBN Spotlights - "Bite Size" Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer