M&T Bank and People's United Financial entered into a definitive agreement under which M&T will acquire People's United in an all-stock transaction. The implied total transaction value based on closing prices on Feb. 19, 2021, is approximately $7.6 billion. read more

FEB 23, 2021 - 6:35 am

People's United Bank has registered and obtained approval for more than 16,000 PPP loans through the SBA, delivering more than $2.5 billion to business customers. read more

JUN 1, 2020 - 6:30 am

People's United Financial reported net income of $114.6 million for the first quarter 2019. The quarter also included an $127 million increase in the equipment financing portfolio. read more

APR 22, 2019 - 6:45 am

Greenwich Associates presented People's United Bank with seven awards, including a Greenwich Best Brand – Trust award. read more

FEB 12, 2019 - 7:05 am

People's United Bank acquired VAR Technology Finance, a private, independent leasing and finance company that supports equipment sales through its financing programs within the technology channel. read more

JAN 18, 2019 - 7:00 am

People's United Financial, the holding company for People's United Bank, agreed to acquire BSB Bancorp and its subsidiary, Belmont Savings Bank, in a 100% stock transaction valued at approximately $327 million. read more

NOV 29, 2018 - 6:40 am

People's United Financial appointed Jeff Tengel president. In the role, Tengel will lead the full complement of business lines at People's United. read more

MAY 7, 2018 - 7:19 am

People's United Bank completed its previously announced acquisition of Philadelphia-based LEAF Commercial Capital.  read more

AUG 1, 2017 - 7:47 am

People's United Bank entered into an agreement to acquire LEAF Commercial Capital. Under the terms of the agreement, People's United will acquire approximately $730 million of net investment in leases and loans. read more

JUL 20, 2017 - 7:04 am