Article: People's United Financial, Inc. Reports People's Bank Earnings of $34 Million or $0.24 Per Share; Raises Dividend 12 Percent.

BRIDGEPORT, Conn., April 19 /PRNewswire-FirstCall/ -- People's United Financial, Inc. today announced that its principal subsidiary, People's Bank, reported net income of $33.6 million, or $0.24 per share, for the first quarter of 2007, compared to $34.8 million, or $0.24 per share, for the first quarter of 2006. Income from continuing operations was $33.1 million for the first quarter of 2007, compared to $33.9 million for the year-ago quarter. Per share amounts are based on the number of outstanding shares of People's Bank common stock prior to completing the second-step conversion on April 16, 2007. The results of the second-step conversion did not impact People's ...

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