The company has not filed an annual or quarterly report since its FY2021 10-K, filed Mar 1, 2022. Its latest SEC filing is a 13F-NT from Feb 13, 2023.
10-K for FY2021, filed Mar 1, 2022
The sections below describe the company as of the FY2021 annual report.
Provides commercial and retail banking, wealth management, and specialized financial services to individuals, companies, and municipalities.
10-K for FY2021, filed Mar 1, 2022
Earns interest on loans and securities, and fees for banking, card, and wealth-management services. Customers generally pay service fees when the service is provided or shortly afterward; monthly account fees are charged over the service month.
10-K for FY2021, filed Mar 1, 2022People’s United generates most of its earnings based on the difference between the interest it earns and the interest it pays (the…View ↗
People’s United’s results of operations are largely dependent upon revenues generated through net interest income and fee-based revenues…View ↗
Revenue from Contracts with CustomersView ↗
Service charges and fees on deposit accounts — Service charges and fees on deposit accounts consist of monthly account maintenance and…View ↗
Card-based and other non-deposit fees — Card-based and other non-deposit fees are comprised, primarily, of debit and credit card income and…View ↗
Investment management fees — Investment management income is primarily comprised of fees earned from the management and administration of…View ↗
$1.6B
10-K for FY2021, filed Mar 1, 2022
$1.6B ↗
Individuals, companies, and municipalities access banking and wealth services through branches, online and telephone banking, and investment and commercial banking offices; equipment-financing services reach customers nationwide.
10-K for FY2021, filed Mar 1, 2022
Yes. It kept 38 cents of every revenue dollar as net income in FY2021 and turned 74 cents into free cash flow.
8-K, filed Apr 4, 2022
Following the Merger, People’s United merged with and into M&T, with M&T as the surviving entity (the “Holdco Merger”).View ↗
8-K, filed Mar 8, 2022
On March 4, 2022, M&T Bank Corporation (“M&T”) received regulatory approval from the Board of Governors of the Federal Reserve System for…View ↗
Grew. Revenue grew 23% in 4 years, from $1.3B in FY2017 to $1.6B in FY2021, about 5% a year.
Commercial insurance
The older report included commercial insurance services through PUIA in Commercial Banking; the latest report describes the insurance business as sold.
10-K for FY2018, filed Mar 1, 2019 10-K for FY2021, filed Mar 1, 2022The Company’s operating segments have been aggregated into two reportable segments: Commercial Banking and Retail Banking. Commercial…View ↗
The Company’s operating segments have been aggregated into two reportable segments: Commercial Banking and Retail Banking. These reportable…View ↗
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