People’s United Financial Related Content

Federal Reserve Approves M&T Bank’s Acquisition of People’s United Financial

The board of governors of the Federal Reserve System provided regulatory approval for M&T Bank’s acquisition of People’s United Financial.   read more

M&T Bank and People’s United Extend Merger Agreement

M&T Bank and People's United Financial agreed to extend their merger agreement from Feb. 21, 2022, to June 1, 2022. read more

M&T Bank Acquires People’s United Financial in All-Stock Transaction

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

People’s United Financial Equipment Finance Portfolio Up $175MM in Q4/19

People's United Financial reported results for Q4/19 and full year 2019. Full-year 2019 net income of $520.4 million was up 11.17% from $468.1 million in 2018. read more

People’s United Reports Net Income of $114.6MM in Q1/2019

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

VAR Technology Finance Acquired by People’s United, Will Become LEAF Division

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

People’s United Financial to Acquire Belmont Savings Bank

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

People’s United Bank Acquires Vend Lease Company; Will Become LEAF Division  

People's United Bank acquired Vend Lease Company, a nationwide provider of equipment financing primarily to the hospitality industry. Baltimore-based Vend Lease will become a division of LEAF Commercial Capital. read more

People’s United Financial Names Tengel President

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

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