PEOPLE’S UNITED FINANCIAL, INC. PBCT Cash Flow

People’s united financial, inc. (PBCT)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash Flows from Operating Activities:
Net income
536,200	520,400	516,000	497,800	474,800	468,100	441,400	415,200	374,300	337,200	306,800	289,700	288,900	281,000	275,900	270,600	263,800	260,100	254,000	247,200	257,800	251,700	246,300	243,200	233,000	232,400	234,300	238,000	240,500	245,300	225,500	211,400	198,000	192,400	179,800	155,800	120,600	82,500	78,600	81,300	90,600	101,200	0	0	0
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for credit losses
56,200	28,300	30,900	31,300	30,200	30,000	27,600	26,400	27,000	26,000	26,200	27,600	30,500	36,600	38,600	36,400	34,100	33,400	33,600	39,800	40,900	40,600	40,700	40,400	40,800	43,700	45,700	48,700	50,100	49,200	57,900	57,200	60,600	63,700	-66,100	-58,700	-54,900	-60,000	62,700	62,400	58,600	57,000	0	0	0
Depreciation and amortization of premises and equipment
43,400	41,700	38,500	37,500	36,700	36,300	36,600	37,700	38,900	39,100	38,600	37,900	37,000	36,900	37,500	38,100	38,800	39,300	39,400	39,400	39,300	39,600	39,600	39,900	40,200	40,300	40,300	40,400	39,900	39,100	39,500	39,600	39,400	39,200	37,100	35,300	35,100	35,400	36,300	36,000	34,600	32,800	0	0	0
Amortization of leased equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,300	19,500	17,900	16,100	13,500	13,400	12,700	12,300	0	0	0
Amortization of other acquisition-related intangible assets
36,500	32,500	29,600	26,500	23,400	21,800	22,800	25,800	28,800	30,000	28,300	26,200	24,100	23,600	23,500	23,600	23,800	23,900	24,000	24,300	24,500	24,800	25,200	25,500	25,900	26,200	26,300	26,500	26,700	26,800	27,000	27,300	26,500	25,800	25,100	24,100	22,900	21,700	20,500	19,600	20,100	20,600	0	0	0
Expense related to operating leases
39,200	38,800	39,000	38,000	36,800	36,400	35,500	35,400	35,400	35,200	34,600	35,500	35,900	36,300	37,400	36,900	37,000	37,100	36,600	36,100	35,600	37,400	36,900	36,000	34,900	31,300	30,400	29,400	28,200	26,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Expense related to share-based awards
25,800	24,900	26,100	23,400	23,000	22,400	21,200	20,500	20,000	19,800	17,200	17,100	17,000	15,200	15,400	15,800	15,700	17,100	16,800	16,200	15,900	14,900	14,900	14,400	14,000	13,900	8,200	10,500	13,400	15,100	22,500	22,500	23,900	23,700	24,400	24,700	25,000	25,900	25,600	25,800	25,000	24,700	0	0	0
Net security gains
-	-	-	-	-	-	0	0	0	-	0	0	-21,700	-	0	0	0	-	-	-	-	3,000	0	0	0	-	-	-	-	-	-	-	-	8,800	0	0	0	-	-	-	-	22,000	0	0	0
ESOP common stock committed to be released
5,500	5,700	5,600	5,800	5,900	6,200	6,400	6,500	6,400	6,400	6,300	5,900	5,900	5,500	5,400	5,600	5,400	5,400	5,300	5,200	5,100	5,100	5,100	5,000	5,100	4,900	4,600	4,500	4,200	4,200	4,200	4,200	4,300	4,400	0	0	0	-	-	-	5,700	5,700	0	0	0
Net gains on sales of loans
0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	1,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	7,500	0	0	0	-	-	-	-	-	-	-	-
Net losses on sales of residential mortgage loans
2,400	1,900	1,800	1,200	1,100	1,200	1,400	2,100	2,600	3,200	5,300	6,100	6,300	6,300	5,000	4,600	5,700	5,500	5,200	4,800	2,800	2,900	2,900	5,700	9,900	14,800	19,900	19,600	18,200	16,100	12,100	9,800	8,100	7,600	9,700	10,800	12,400	12,100	10,900	13,700	14,800	13,900	0	0	0
Originations of loans held-for-sale
205,500	180,300	186,200	175,300	183,200	188,200	176,100	194,000	215,200	261,800	344,200	394,400	435,500	427,800	393,700	390,600	424,400	448,300	440,200	413,000	348,700	308,400	305,000	395,200	549,500	721,900	887,900	953,100	930,900	903,200	915,100	812,800	706,800	631,000	611,200	701,500	827,100	892,500	869,400	929,800	1,104,900	1,143,200	0	0	0
Proceeds from sales of loans held-for-sale
687,100	181,900	178,000	176,200	186,900	186,500	177,300	205,500	224,500	287,700	381,000	435,400	456,200	429,300	388,300	390,500	448,300	453,500	442,700	395,500	319,200	300,400	303,000	434,800	592,700	790,400	939,200	961,400	955,000	944,100	904,700	789,600	670,700	625,200	653,600	759,200	881,900	887,400	866,200	1,061,900	1,165,300	1,117,500	0	0	0
Net decrease in trading debt securities
-8,300	-1,300	1,100	1,100	100	200	-100	400	400	1,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	1,800	0	-5,600	-16,200	-65,300	-63,600	-72,900	-62,300	-11,700	0	0	0	-	-	-	-	54,300	0	0	0
Excess income tax benefits from stock option exercises
0	-300	-200	-500	-800	-1,300	-1,200	-1,000	-2,900	-1,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net changes in other assets and other liabilities
750,800	466,500	549,000	410,000	230,300	40,000	-36,600	-56,500	-9,800	-38,100	64,400	98,300	82,400	103,800	14,100	81,400	-5,000	92,500	97,900	66,700	117,200	37,200	70,100	33,900	36,100	75,000	87,300	52,200	46,100	26,300	15,700	45,500	41,500	237,700	224,300	225,800	170,600	-10,800	16,100	46,700	102,800	20,300	0	0	0
Net cash provided by operating activities
478,100	240,800	135,800	258,900	413,400	589,300	662,200	667,100	580,800	603,000	450,200	402,000	396,600	336,000	415,500	347,200	448,400	328,300	311,700	321,800	251,800	350,000	327,000	397,800	398,900	379,400	372,600	378,800	422,800	513,600	485,900	435,200	400,000	174,400	143,600	117,300	141,400	225,500	124,500	233,100	99,500	103,500	0	0	0
Cash Flows from Investing Activities:
Proceeds from sales of equity securities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in securities purchased under agreements to resell
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	520,000	740,000	745,000	0	-120,000	0	0	0	-	-	-	-
Proceeds from principal repayments and maturities of debt securities available-for-sale
680,600	578,500	468,600	471,600	465,000	465,500	453,400	460,600	491,000	562,600	700,900	837,000	924,800	925,000	877,900	831,900	808,000	821,400	793,400	767,500	716,700	686,700	686,800	724,500	821,600	938,500	1,023,900	1,037,800	976,200	917,800	1,164,500	919,100	952,100	1,166,800	1,053,000	1,543,000	1,399,500	994,600	634,400	171,900	193,600	1,646,000	0	0	0
Proceeds from sales of debt securities available-for-sale
195,000	365,300	625,500	625,100	484,200	313,800	289,400	828,000	833,200	1,305,500	1,413,500	875,300	980,600	647,200	0	0	0	-	-	-	-	539,200	0	0	0	-	-	-	-	-	-	-	-	661,600	0	0	0	-	-	-	-	-	-	-	-
Proceeds from principal repayments and maturities of debt securities held-to-maturity
220,000	158,200	164,500	194,700	188,000	185,300	170,900	147,700	126,300	120,900	125,800	127,300	120,200	117,300	96,800	70,800	46,100	25,600	13,300	65,100	63,800	64,400	63,500	6,800	2,200	200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	600	0	0	0
Purchases of debt securities available-for-sale
1,466,200	827,800	406,800	498,800	721,900	726,800	990,800	963,500	791,600	603,300	495,300	775,100	1,016,000	1,486,000	1,888,300	1,583,700	1,639,700	1,766,400	1,466,200	1,760,700	1,438,900	879,800	1,263,400	834,500	1,054,200	1,373,800	1,728,500	2,027,900	2,780,500	2,658,200	2,146,500	1,857,900	1,069,100	1,445,100	1,390,700	2,523,300	3,274,500	2,670,300	2,458,800	1,620,000	1,189,500	1,595,800	0	0	0
Proceeds from redemption of Federal Home Loan Bank stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	900	900	900	4,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of other securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,600	0	0	0
Purchases of debt securities held-to-maturity
286,100	257,900	251,300	313,300	332,800	407,400	654,100	1,019,800	1,369,100	1,580,400	1,462,200	1,103,300	768,100	513,100	534,900	894,400	822,400	803,300	758,200	309,000	309,400	251,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net purchases of Federal Reserve Bank stock
34,200	25,200	-10,500	-53,100	30,800	8,300	-6,400	15,700	9,200	20,800	20,200	6,800	14,100	9,400	10,200	8,900	1,000	140,100	0	0	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (purchases) redemptions of Federal Home Loan Bank stock
65,700	-19,300	400	-31,400	-60,400	-17,200	-2,100	12,200	-26,400	-27,100	-17,600	-12,700	5,600	1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of loans
64,200	51,200	34,000	39,100	34,900	22,300	42,200	34,100	33,900	38,700	0	0	0	-	-	-	-	31,300	33,400	29,600	30,100	9,700	0	0	0	-	-	-	-	17,700	16,200	43,200	101,100	136,400	0	0	0	-	-	-	-	9,300	0	0	0
Net principal disbursements of loans
1,120,500	770,300	1,060,400	543,600	495,000	-244,800	-210,000	154,000	122,200	538,700	640,800	914,000	1,106,500	1,260,200	1,688,800	1,468,400	1,594,100	1,856,500	1,758,900	2,149,600	2,356,900	2,241,500	2,785,100	2,652,400	2,547,900	2,731,400	2,225,600	2,860,000	1,981,400	1,425,200	3,363,100	1,711,400	1,094,000	1,455,400	-708,500	-42,700	512,800	153,900	-363,600	-470,600	-436,800	-288,000	0	0	0
Purchases of loans
63,900	71,200	88,200	65,100	53,300	37,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of premises and equipment
32,400	26,500	30,700	30,800	24,100	28,300	15,400	11,100	6,700	4,800	15,400	18,200	24,300	23,600	26,400	27,200	27,700	29,800	23,600	22,800	22,300	19,500	14,100	13,500	10,100	14,000	19,800	23,000	26,500	19,900	10,300	10,300	10,600	20,500	39,400	39,600	37,200	30,100	27,000	31,200	32,200	35,300	0	0	0
Purchases of leased equipment, net
42,600	41,200	62,900	54,400	55,200	59,600	35,000	33,900	26,600	24,200	0	0	0	-	-	-	-	50,500	0	0	0	-	-	-	-	70,000	50,800	50,300	58,700	64,300	55,500	50,600	32,200	22,800	29,600	43,900	52,400	47,400	37,300	28,100	16,500	26,200	0	0	0
Net cash paid in sales of branches
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16,200	0	0	0
Proceeds from sales of real estate owned
11,600	13,900	11,400	13,800	12,800	9,100	9,500	9,000	11,400	10,000	17,400	17,900	15,500	16,800	16,500	22,000	21,400	23,400	20,100	13,800	15,700	14,500	14,500	16,200	15,500	18,000	18,000	19,600	23,000	25,400	25,300	32,200	30,300	27,400	39,100	31,800	29,100	28,900	14,400	12,800	12,300	8,800	0	0	0
Return of premium on bank-owned life insurance, net
1,700	2,200	1,400	1,900	1,200	1,000	1,800	1,800	2,300	2,700	0	0	0	-	-	-	-	-	-	-	-	1,400	600	500	400	1,000	900	1,300	2,200	1,400	1,300	700	-500	600	0	0	0	-	-	-	-	-	-	-	-
Net cash paid in acquisitions
-579,400	-519,400	-90,700	-90,700	53,800	-6,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	188,900	0	0	0	-	-	-	-
Net cash provided by investing activities
-1,357,000	-310,500	-492,800	18,400	-517,900	-400	-561,200	-927,600	-789,700	-693,500	-466,200	-909,000	-1,056,600	-1,753,400	-2,866,100	-2,571,200	-2,798,200	-3,347,200	-2,708,500	-3,265,400	-3,123,900	-2,210,300	-3,319,900	-2,627,500	-2,726,800	-3,302,700	-3,007,300	-3,413,600	-3,304,900	-2,902,800	-2,040,100	-775,200	-556,400	-281,000	607,500	-783,300	-1,750,900	-1,644,200	-1,053,000	-1,172,400	98,800	870,900	0	0	0
Cash Flows from Financing Activities:
Net increase in deposits
292,100	-117,600	838,500	2,474,300	1,601,000	696,600	662,900	653,500	535,700	1,343,100	1,039,400	963,200	1,400,200	1,443,400	1,375,800	1,564,300	1,955,600	2,279,200	3,018,400	3,346,100	3,484,400	3,580,900	3,071,700	2,106,900	1,873,900	806,800	827,000	524,000	210,700	621,300	562,500	798,000	1,089,300	814,600	469,800	170,100	211,300	-13,900	397,000	583,900	560,200	1,194,500	0	0	0
Net increase (decrease) in borrowings with terms of three months or less
2,116,400	647,700	144,600	-2,106,400	-1,037,800	-525,700	-267,200	446,200	388,900	-293,800	-658,300	-491,100	-531,500	-247,700	1,442,300	1,004,200	578,200	619,500	-414,900	-207,200	-741,300	-1,362,200	-202,500	185,100	1,076,400	2,709,100	2,235,900	2,770,600	2,142,700	1,634,500	648,800	-223,400	-198,400	21,400	261,800	679,400	473,400	318,000	105,100	-12,600	-6,500	-28,800	0	0	0
Repayments of borrowings with terms of more than three months
299,600	321,200	96,900	321,800	472,900	476,700	481,200	597,200	416,100	380,700	356,100	200	200	200	200	1,200	1,300	1,300	1,500	500	600	600	500	35,500	35,500	35,500	135,500	100,500	100,500	100,500	500	362,900	364,000	390,000	437,500	75,600	110,500	871,100	823,800	823,500	787,500	1,100	0	0	0
Repayments of notes and debentures
-	-	-	-	-	-	-	-	-	125,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43,700	0	0	0	-	-	-	-	-	-	-	-
Cash dividends paid on common stock
286,900	274,800	269,900	260,100	250,200	243,800	237,400	235,600	234,000	227,900	220,900	214,300	207,800	205,700	204,700	203,600	202,300	201,200	200,100	198,900	197,800	196,900	197,200	198,100	200,600	204,800	208,600	212,600	215,800	217,900	219,100	222,200	221,600	220,900	221,300	219,400	221,100	218,100	214,000	209,700	204,600	203,600	0	0	0
Cash dividends paid on preferred stock
14,100	14,100	14,100	14,100	14,100	14,100	14,100	14,100	14,100	14,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock
308,600	4,500	2,000	2,000	2,000	2,500	2,500	2,500	2,700	3,400	3,500	3,400	3,400	3,400	3,300	3,500	3,400	3,200	3,200	3,300	3,100	3,000	134,800	164,700	317,900	461,100	386,200	409,800	310,300	222,300	166,300	299,300	245,600	249,800	365,100	203,700	258,300	198,200	0	0	0	-	-	-	-
Proceeds from stock options exercised
17,900	24,100	13,600	19,500	23,700	27,900	60,900	54,800	51,700	61,800	105,600	107,600	108,600	87,900	16,100	13,300	19,900	27,500	23,400	21,700	11,500	6,000	5,200	5,500	4,900	2,400	1,600	600	200	300	800	800	1,500	1,400	1,200	1,100	500	500	100	300	400	400	0	0	0
Net cash provided by (used in) financing activities
1,516,300	-61,300	612,000	-212,400	-153,500	-539,500	-279,600	304,100	308,400	359,000	12,300	471,400	879,300	1,316,200	2,626,000	2,373,500	2,346,700	2,720,500	2,422,100	2,938,900	2,928,500	2,399,600	2,917,300	2,293,600	2,380,600	2,796,300	2,807,900	3,046,000	2,221,300	2,209,700	826,200	-328,700	23,500	-67,000	-399,500	265,900	27,300	-1,044,800	-617,000	-519,800	-441,600	959,700	0	0	0
Net increase (decrease) in cash and cash equivalents
637,400	-131,000	255,000	64,900	-258,000	49,400	-178,600	43,600	99,500	268,500	-3,700	-35,600	219,300	-101,200	175,400	149,500	-3,100	-298,400	25,300	-4,700	56,400	539,300	-75,600	63,900	52,700	-127,000	173,200	11,200	-660,800	-179,500	-728,000	-668,700	-132,900	-173,600	351,600	-400,100	-1,582,200	-2,463,500	-1,545,500	-1,459,100	-243,300	1,934,100	0	0	0
Supplemental Information:
Interest payments
471,800	473,400	454,300	409,400	357,100	312,300	272,100	243,000	217,400	195,900	177,300	163,600	156,500	153,200	149,600	146,100	141,500	136,200	131,900	119,300	117,000	108,800	110,700	113,800	116,300	118,600	111,800	113,500	106,800	111,800	114,900	126,600	130,400	135,800	132,400	128,200	126,800	127,100	138,000	153,700	171,700	190,200	0	0	0
Income taxes payments
111,800	107,700	90,900	83,500	48,600	45,600	54,000	112,100	113,200	112,900	127,300	71,600	116,700	113,300	108,200	123,200	105,300	107,800	99,800	86,600	110,300	109,700	107,100	106,300	92,900	93,700	84,000	85,700	78,300	75,400	89,700	105,900	98,900	98,100	90,900	60,200	45,700	45,500	46,900	50,000	48,700	48,700	0	0	0
Significant non-cash transactions:
Right-of-use assets obtained in exchange for lessee operating lease liabilities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsettled purchases of securities
-7,100	0	2,300	-3,100	8,600	4,000	-106,700	-66,400	6,600	0	105,800	75,000	2,100	5,000	7,300	-48,200	10,200	5,000	42,600	154,500	66,300	91,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate properties acquired by foreclosure
18,600	19,900	19,500	8,700	7,900	7,700	13,200	15,700	15,800	17,200	10,800	17,300	19,700	19,400	21,300	13,700	11,800	14,700	13,700	14,200	14,500	17,600	19,700	23,800	28,400	21,700	31,600	31,700	31,200	32,600	25,100	23,900	20,400	22,400	26,800	24,500	27,100	24,900	29,900	29,800	25,700	26,300	0	0	0