People's United Financial Inc. Q2 Income Climbs 11%

(RTTNews) - People's United Financial Inc. (PBCT) released earnings for its second quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $68.5 million, or $0.23 per share. This was up from $61.7 million, or $0.20 per share, in last year's second quarter.

Analysts had expected the company to earn $0.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

People's United Financial Inc. earnings at a glance:

-Earnings (Q2): $68.5 Mln. vs. $61.7 Mln. last year. -Earnings Growth (Y-o-Y): 11.0% -EPS (Q2): $0.23 vs. $0.20 last year. -EPS Growth (Y-o-Y): 15.0% -Analysts Estimate: $0.22