People's United Financial Inc. says second-quarter profits climbed 14 percent, boosted by a gain from the Bridgeport regional lender's contribution of merchant-account assets into its new joint venture with Ohio electronic-funds processor Vantiv Inc.
Bridgeport regional lender People's United Bank says it's raising $400 million in capital to leverage into loans and securities and for general corporate purposes.
Bridgeport lender People's United Financial Inc. said its first-quarter profits ticked up 1 percent, largely due to commercial banking growth in Boston and a boost to its wealth management business in Connecticut.
Bridgeport's People's United Financial Inc. said its fourth quarter profits grew 48 percent spurred largely by the regional lending giant's aggressive loan and deposit growth.
People's United Financial Inc. posted higher third-quarter profits, led by the Bridgeport regional lender's fee income and healing in its basket of past-due loans and foreclosed properties.
Bridgeport thrift People's United Financial Inc. officially widened its New York metro presence, finalizing its $3.25 million purchase of 57 New York branches from RBS Citizen's Financial Group, People's United says.