People's United Financial (PBCT) annual income statement covering fiscal 2015 through 2020, as reported to the SEC.
An income statement shows what a company sold and what it cost to run the business, ending with the profit left over.
| Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest and dividend income: | |||||||||||||||||||||
Commercial and industrial | |||||||||||||||||||||
440,800 | 443,600 | 365,700 | 298,800 | 255,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Commercial and industrial | 440,800 | 443,600 | 365,700 | 298,800 | 255,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Commercial real estate | |||||||||||||||||||||
488,600 | 556,400 | 463,400 | 405,700 | 344,600 | 343,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Commercial real estate | 488,600 | 556,400 | 463,400 | 405,700 | 344,600 | 343,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Equipment financing | |||||||||||||||||||||
263,300 | 253,800 | 212,300 | 152,100 | 130,900 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Equipment financing | 263,300 | 253,800 | 212,300 | 152,100 | 130,900 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest and fee income | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest and fee income | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Residential mortgage | |||||||||||||||||||||
332,200 | 329,100 | 236,200 | 207,500 | 180,400 | 165,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Residential mortgage | 332,200 | 329,100 | 236,200 | 207,500 | 180,400 | 165,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Home equity and other consumer | |||||||||||||||||||||
86,700 | 106,100 | 88,600 | 80,000 | 73,500 | 72,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Home equity and other consumer | 86,700 | 106,100 | 88,600 | 80,000 | 73,500 | 72,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total interest on loans | |||||||||||||||||||||
1,611,600 | 1,689,000 | 1,366,200 | 1,144,100 | 984,400 | 945,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total interest on loans | 1,611,600 | 1,689,000 | 1,366,200 | 1,144,100 | 984,400 | 945,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Securities | |||||||||||||||||||||
195,700 | 186,500 | 184,200 | 153,700 | 140,300 | 121,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Securities | 195,700 | 186,500 | 184,200 | 153,700 | 140,300 | 121,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Short-term investments | |||||||||||||||||||||
3,400 | 4,800 | 5,000 | 3,700 | 1,500 | 500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Short-term investments | 3,400 | 4,800 | 5,000 | 3,700 | 1,500 | 500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Loans held-for-sale | |||||||||||||||||||||
4,300 | 800 | 900 | 900 | 1,100 | 1,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Loans held-for-sale | 4,300 | 800 | 900 | 900 | 1,100 | 1,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Securities purchased under agreements to resell | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Securities purchased under agreements to resell | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total interest and dividend income | |||||||||||||||||||||
1,815,000 | 1,881,100 | 1,556,300 | 1,302,400 | 1,127,300 | 1,068,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total interest and dividend income | 1,815,000 | 1,881,100 | 1,556,300 | 1,302,400 | 1,127,300 | 1,068,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest expense: | |||||||||||||||||||||
Deposits | |||||||||||||||||||||
187,200 | 356,900 | 216,100 | 130,700 | 100,900 | 95,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deposits | 187,200 | 356,900 | 216,100 | 130,700 | 100,900 | 95,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Borrowings | |||||||||||||||||||||
20,200 | 77,000 | 70,900 | 41,300 | 22,800 | 11,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Borrowings | 20,200 | 77,000 | 70,900 | 41,300 | 22,800 | 11,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Notes and debentures | |||||||||||||||||||||
31,800 | 34,900 | 33,300 | 29,900 | 31,400 | 29,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Notes and debentures | 31,800 | 34,900 | 33,300 | 29,900 | 31,400 | 29,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total interest expense | |||||||||||||||||||||
239,200 | 468,800 | 320,300 | 201,900 | 155,100 | 136,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total interest expense | 239,200 | 468,800 | 320,300 | 201,900 | 155,100 | 136,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net interest income | |||||||||||||||||||||
1,575,800 | 1,412,300 | 1,236,000 | 1,100,500 | 972,200 | 932,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net interest income | 1,575,800 | 1,412,300 | 1,236,000 | 1,100,500 | 972,200 | 932,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Provision for credit losses on loans (note 4) | |||||||||||||||||||||
156,100 | 28,300 | 30,000 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Provision for credit losses on loans (note 4) | 156,100 | 28,300 | 30,000 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Provision for credit losses on securities (note 2) | |||||||||||||||||||||
-300 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Provision for credit losses on securities (note 2) | -300 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Provision for credit losses (notes 3 and 4) | |||||||||||||||||||||
- | - | - | 26,000 | 36,600 | 33,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Provision for credit losses (notes 3 and 4) | - | - | - | 26,000 | 36,600 | 33,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net interest income after provision for credit losses | |||||||||||||||||||||
1,420,000 | 1,384,000 | 1,206,000 | 1,074,500 | 935,600 | 898,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net interest income after provision for credit losses | 1,420,000 | 1,384,000 | 1,206,000 | 1,074,500 | 935,600 | 898,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-interest income: | |||||||||||||||||||||
Total wealth management income | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total wealth management income | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Commercial banking lending fees | |||||||||||||||||||||
50,900 | 42,700 | 37,300 | 35,500 | 31,600 | 42,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Commercial banking lending fees | 50,900 | 42,700 | 37,300 | 35,500 | 31,600 | 42,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating lease income (note 5) | |||||||||||||||||||||
49,700 | 50,800 | 44,400 | 43,800 | 41,200 | 42,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating lease income (note 5) | 49,700 | 50,800 | 44,400 | 43,800 | 41,200 | 42,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Insurance revenue (note 2) | |||||||||||||||||||||
33,700 | 37,000 | 34,600 | 33,200 | 32,900 | 30,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Insurance revenue (note 2) | 33,700 | 37,000 | 34,600 | 33,200 | 32,900 | 30,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash management fees | |||||||||||||||||||||
33,400 | 28,400 | 27,100 | 26,100 | 25,000 | 24,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash management fees | 33,400 | 28,400 | 27,100 | 26,100 | 25,000 | 24,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net security gains (losses) (note 4) | |||||||||||||||||||||
- | 200 | -9,800 | -25,400 | -5,900 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net security gains (losses) (note 4) | - | 200 | -9,800 | -25,400 | -5,900 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Gain on sale of business, net of expenses (note 2) | |||||||||||||||||||||
75,900 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Gain on sale of business, net of expenses (note 2) | 75,900 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Brokerage commissions | |||||||||||||||||||||
- | - | - | 12,100 | 12,200 | 12,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Brokerage commissions | - | - | - | 12,100 | 12,200 | 12,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net gains on sales of residential mortgage loans (note 5) | |||||||||||||||||||||
- | - | - | - | - | 5,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net gains on sales of residential mortgage loans (note 5) | - | - | - | - | - | 5,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Bank-owned life insurance | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Bank-owned life insurance | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Merchant services income, net | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Merchant services income, net | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net (losses) gains on sales of acquired loans | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net (losses) gains on sales of acquired loans | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other non-interest income (notes 2 and 5) | |||||||||||||||||||||
78,400 | 86,300 | 51,400 | 62,600 | 59,400 | 49,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other non-interest income (notes 2 and 5) | 78,400 | 86,300 | 51,400 | 62,600 | 59,400 | 49,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total non-interest income | |||||||||||||||||||||
492,700 | 431,100 | 366,400 | 352,900 | 342,700 | 352,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total non-interest income | 492,700 | 431,100 | 366,400 | 352,900 | 342,700 | 352,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-interest expense: | |||||||||||||||||||||
Compensation and benefits | |||||||||||||||||||||
674,800 | 646,200 | 562,900 | 522,700 | 464,100 | 449,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Compensation and benefits | 674,800 | 646,200 | 562,900 | 522,700 | 464,100 | 449,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Occupancy and equipment | |||||||||||||||||||||
199,000 | 185,900 | 168,200 | 159,600 | 150,400 | 149,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Occupancy and equipment | 199,000 | 185,900 | 168,200 | 159,600 | 150,400 | 149,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Professional and outside services | |||||||||||||||||||||
113,200 | 98,200 | 77,600 | 81,500 | 67,800 | 68,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Professional and outside services | 113,200 | 98,200 | 77,600 | 81,500 | 67,800 | 68,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Amortization of other acquisition-related intangible assets (note 8) | |||||||||||||||||||||
40,800 | 32,500 | 21,800 | 30,000 | 23,600 | 23,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of other acquisition-related intangible assets (note 8) | 40,800 | 32,500 | 21,800 | 30,000 | 23,600 | 23,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Expense related to operating leases | |||||||||||||||||||||
- | - | - | 35,200 | 36,300 | 37,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Expense related to operating leases | - | - | - | 35,200 | 36,300 | 37,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Regulatory assessments | |||||||||||||||||||||
32,700 | 26,100 | 37,900 | 41,700 | 37,500 | 35,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Regulatory assessments | 32,700 | 26,100 | 37,900 | 41,700 | 37,500 | 35,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating lease expense | |||||||||||||||||||||
36,400 | 38,800 | 36,400 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating lease expense | 36,400 | 38,800 | 36,400 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Goodwill impairment (note 8) | |||||||||||||||||||||
353,000 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Goodwill impairment (note 8) | 353,000 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Amortization of leased equipment | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of leased equipment | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Merger-related expenses (note 5) | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Merger-related expenses (note 5) | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Merchant services expense | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Merchant services expense | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Contribution to The People's United Community Foundation (note 2) | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Contribution to The People's United Community Foundation (note 2) | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other non-interest expense | |||||||||||||||||||||
114,200 | 135,000 | 91,300 | 89,600 | 89,100 | 97,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other non-interest expense | 114,200 | 135,000 | 91,300 | 89,600 | 89,100 | 97,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total non-interest expense | |||||||||||||||||||||
1,564,100 | 1,162,700 | 996,100 | 960,300 | 868,800 | 860,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total non-interest expense | 1,564,100 | 1,162,700 | 996,100 | 960,300 | 868,800 | 860,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income before income tax expense | |||||||||||||||||||||
348,600 | 652,400 | 576,300 | 467,100 | 409,500 | 390,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income before income tax expense | 348,600 | 652,400 | 576,300 | 467,100 | 409,500 | 390,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income tax expense (note 1) | |||||||||||||||||||||
129,000 | 132,000 | 108,200 | 129,900 | 128,500 | 130,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income tax expense (note 1) | 129,000 | 132,000 | 108,200 | 129,900 | 128,500 | 130,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income from continuing operations | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income from continuing operations | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income from discontinued operations, net of tax (note 24) | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income from discontinued operations, net of tax (note 24) | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net income | |||||||||||||||||||||
219,600 | 520,400 | 468,100 | 337,200 | 281,000 | 260,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net income | 219,600 | 520,400 | 468,100 | 337,200 | 281,000 | 260,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Preferred stock dividend | |||||||||||||||||||||
14,100 | 14,100 | 14,100 | 14,100 | 1,800 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Preferred stock dividend | 14,100 | 14,100 | 14,100 | 14,100 | 1,800 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net income available to common shareholders | |||||||||||||||||||||
205,500 | 506,300 | 454,000 | 323,100 | 279,200 | 260,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net income available to common shareholders | 205,500 | 506,300 | 454,000 | 323,100 | 279,200 | 260,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Earnings per common share (note 7): | |||||||||||||||||||||
Income from continuing operations | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income from continuing operations | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Basic (USD per share) | |||||||||||||||||||||
0.49 | 1.28 | 1.30 | 0.98 | 0.92 | 0.86 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Basic (USD per share) | 0.49 | 1.28 | 1.30 | 0.98 | 0.92 | 0.86 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income from continuing operations | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income from continuing operations | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Diluted (USD per share) | |||||||||||||||||||||
0.49 | 1.27 | 1.29 | 0.97 | 0.92 | 0.86 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Diluted (USD per share) | 0.49 | 1.27 | 1.29 | 0.97 | 0.92 | 0.86 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Bank service charges | |||||||||||||||||||||
Fees | |||||||||||||||||||||
97,500 | 107,500 | 99,900 | 98,500 | 98,000 | 100,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Fees | 97,500 | 107,500 | 99,900 | 98,500 | 98,000 | 100,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investment management fees | |||||||||||||||||||||
Fees | |||||||||||||||||||||
73,200 | 78,200 | 81,500 | 66,500 | 48,300 | 43,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Fees | 73,200 | 78,200 | 81,500 | 66,500 | 48,300 | 43,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||