People's United Financial Q4 Profit - Quick Facts

(RTTNews) - People's United Financial, Inc. (PBCT) today reported fourth-quarter profit of $59.3 million or $0.20 per share, down from $61.2 million or $0.18 per share in the same period last year.

Operating earnings for the quarter was $60.0 million or $0.20 per share. On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.20 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income dropped to $224.9 million from $225.1 million last year. Net interest margin was 3.24 percent, compared to 3.63 percent last year. Non-interest income totaled $80.2 million , down from $84.3 million last year.