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www.HartfordBusiness.com • November 20, 2017 • Hartford Business Journal 17 Corporate Profile People's United Financial Inc. 850 Main St., Bridgeport, CT www.peoples.com People's United Financial Inc. is the holding company for People's United Bank, which pro- vides commercial and retail banking and wealth man- agement services to individual, cor- porate and munici- pal customers. 2014 2015 2016 $0 $300 $600 $900 $1,200 $1,500 In millions of dollars Profits Revenues $251.7M $260.1M $281M $1.38B $1.42B $1.47B News Headlines ■ ■ People's United Bank has the third largest deposit market share in Connecticut, with $17.2 billion in deposits. ■ ■ In August, People's United Bank finalized its acquisition of Leaf Commercial Capital Inc., a Philadelphia business- equipment financier. Terms were not disclosed. ■ ■ People's United Bank has the most bank branches in Connecticut with 149 brick-and-mortar locations. ■ ■ People's United Bank is celebrating its 175th anniversary on Dec. 24th. The bank's roots stretch back to 1842 when it was founded as Bridgeport Savings Bank. Over its history, the bank claims a number of "firsts," including being the first lender in the state to offer telephone banking in 1976. Corporate suite Stock Non-equity Exec. Salary Bonus Awards Incentive Total John P. Barnes President/CEO $1,031,787 $0 $1,663,875 $1,138,830 $4,658,454 Lee Powlus SVP/CAO $456,743 $0 $402,310 $403,302 $1,625,179 Jeffrey J. Tengel SVP Commercial Banking $471,907 $0 $452,911 $416,693 $1,568,527 Profits and Revenues John P. Barnes, CEO Fact box Industry: Savings and Loan 3Q 2017 Revenue: $429M 3Q 2017 Net Income: $90.8M 2Q 2016 Net Income: $73.7M Quarterly Profit Change: $17.1M Cash: $716.6M Employees: 4,749 Competitors: TD Bank Citizens Financial Group Webster Financial Corp. Stock watch Ticker Symbol PBCT Market Cap $6.2B 52 Week Range Price $15.97-$20.13 Outstanding Shares 337.84M Top institutional investors Shares % Stake State Street Corp. 39,968,330 ...... 11.6 Vanguard Group Inc. 34,847,557 ...... 10.1 Blackrock Inc. 26,167,322 ...... 7.59