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

MAR 8, 2022 - 6:27 am

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

FEB 23, 2022 - 5:47 am

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 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

JAN 17, 2020 - 6:45 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

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 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

JUL 20, 2018 - 6:30 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