People's United Financial, Inc.
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Banking Competition Likely to Heighten With This Merger
By Mike Thiessen - February 12, 2013 | Tickers: HCBK, MTB, PBCT
In late August of 2012, Buffalo, New York-based M&T Bancorp (NYSE: MTB) announced its intention to purchase Jersey City, New Jersey-based Hudson City Bancorp (NASDAQ: HCBK) in a cash-and-stock deal valued at approximately $3.7 billion. The deal now appears likely to go through during the second quarter of 2013. Although it is subject to a customary regulatory investigation as well as approval votes by shareholders from both companies more »
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Big Changes In This Bank Could Lead to Big Gains
By Mike Thiessen - January 28, 2013 | Tickers: FNFG, PBCT, TFSL
According to the U.S. Office of the Comptroller of the Currency, the Memorandum of Understanding that circumscribed the activities of the Third Federal Savings & Loan Association of Cleveland has been cancelled. This is notable because Third Federal is the primary subsidiary of Cleveland-based thrift bank TFS Financial Corporation (NASDAQ: TFSL).
Since the middle of 2010, TFS Financial has been subject to onerous financial restrictions thanks to two Memorandums of more »
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Fighting for the People's
By Kyle Vaughan - November 27, 2012 | Tickers: JPM, PBCT
Many investors are skeptical of the financial industry because of its performance during the economic crisis. Interestingly, even skeptics can find themselves trusting the very names they swore away because of their influence over the entire market. Take it from a more conservative investor, I stay away from the big banks. I also know that there is more to the financial sector than meets the eye, such as high quality more »
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5 Dividend Stocks for the Next 5 Years
By Meena Krishnamsetty - October 31, 2012 | Tickers: BP, NGG, PBCT, RGC, DOW
In the eight decades prior to 2010, dividends accounted for a whopping 44 percent of the total return of the stock market. When investors are able to spot an undervalued stock that pays a consistent dividend, that is a “double whammy” in the investing world. First, depression of value implies that there is a possibility for capital appreciation of the shares—the share price could rise. Second, as the price more »
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4 High Yielding Bank Thrifts In 2012
By Christopher French - February 9, 2012 | Tickers: FNFG, HCBK, NYCB, PBCT
Savings and loans, or thrifts, are a subset of the banking industry which specialize in gathering low cost deposits, and utilizing those to issue mortgage loans. Yet, in an ultralow interest rate environment, the industry is suffering from historically low interest margins. Some banks are combating this by refusing to issue low priced loans, while others are rapidly expanding their balance sheets in order to have quantity of loans cancel more » -
3 Small Banks with Very Big Dividends
By Michael French - January 30, 2012 | Tickers: AF, BAC, NYCB, PBCT
The large cap financial like JP Morgan (JPM), Citigroup (C) and Bank of America (NYSE: BAC) have been making a lot of headlines. Improving balance sheets and rising profits are what they want you to believe. The reality is lingering issues with losses and bad investments, stagnant revenue growth and profits based on manipulative accounting. The banking sector, as reflected by the financial Spyder (XLF) has been trending sideways since more »
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5 Dirt Cheap Stocks with Upside Potential
By Robert Fisher - January 28, 2012 | Tickers: DDR, EMC, KRFT, PBCT, POT
The following companies are selling cheaply on a relative basis when considering either forward or trailing earnings. These stocks are seemingly going to see some appreciation, whether it is in the near future or years from now. I am going to highlight some of the pros and cons of the following stocks so that the reader can make a decision based on their risk tolerance and personal investment requirements.
People more »
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5 Cheap Stocks That Can Beat the Market
By Robert Fisher - January 26, 2012 | Tickers: DDR, EMC, KRFT, PBCT, POT
Here are five interesting investing opportunities which are good additions to a diversified stock portfolio. The first two are growth investments which pay zero or little dividend, followed by two which offer stable dividends and the fifth is a real estate investment trust which owns and operates properties through the U.S., Puerto Rico and Brazil.
EMC (NYSE: EMC) traded around $25 per share at the time of this writing more »