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Article: People's Bank Reports Fourth Quarter Earnings of $17 Million, or $0.28 Per Share; Full-Year Earnings Up 14 Percent From 2002; PBCT Total Return For 2003 Tops 35 Percent.
- Article from:
- PR Newswire
- Article date:
- January 15, 2004
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People's Bank , a $12 billion financial services company, today announced net income of $17.4 million, or $0.28 per share, for the fourth quarter of 2003, compared to $17.1 million, or $0.28 per share, for the fourth quarter of 2002. For the twelve months ended Dec. 31, 2003, net income totaled $63.8 million, or $1.03 per share, compared to $55.4 million, or $0.90 per share, for the year-ago period, a 14 percent increase.
People's Board of Directors declared a $0.39 per share quarterly dividend on People's common stock, payable Feb. 15, 2004, to stockholders of record on Feb. 1, 2004. People's Mutual Holdings, which owns 36.5 million shares of People's Bank ...