Business & Finance
Tue, February 22, 2011Mon, February 21, 2011Sun, February 20, 2011Fri, February 18, 2011Thu, February 17, 2011Wed, February 16, 2011Tue, February 15, 2011Mon, February 14, 2011Sun, February 13, 2011Sat, February 12, 2011Fri, February 11, 2011Thu, February 10, 2011Fundamental Research on People's United Financial Inc. and First Niagara Financial Group Inc. - Healthy Fish Eat Struggling Fis
Published in Business and Finance on Wednesday, February 16th 2011 at 5:25 GMT by Market Wire
NEW YORK CITY, NY--(Marketwire - February 16, 2011) - [ www.shinesroomonline.com ] has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the savings & loans industry and are offering free analytical research on People's United Financial Inc. (
The Savings and Loans sector is going through a wave of consolidation lately. This consolidation is largely due to the difficulty some banks are having making profits now that new regulatory requirements have raised their costs. Struggling banks have thus become more passive to buy-outs from banks like People's United Financial Inc. which have managed to come out of the recession strong. People's United Financial Inc. report is accessible for free by registering today at [ http://www.shinesroomonline.com/reports/February1611PeoplesUnitedFinancialInc.(PBCT)160211.php ].
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People's United announced the acquisition in January of Danvers Bancorp Inc. for $493 million after purchasing three other financial institutions during the past year or so. People's United's Q4 saw a 28% rise in earnings over the previous year's Q4 to $32 million. Register with us today at [ www.shinesroomonline.com ] to have free access to this research and speak to one of our pros.
Other banks in the sector are optimistic about the future as well. The economic recovery has instilled customers with confidence and driven a great degree of loan growth. At First Niagara Financial Group Inc. commercial loans grew 47% in the fourth quarter compared to the previous year. Niagara will likely use their new confidence to pursue more deals after agreeing to acquire Connecticut's New Alliance Bancshares Inc. for around $1.5 billion. Niagara's Q4 saw profits of $45.9 million compared to $28.9 a year earlier. First Niagara Financial Group Inc. research report is available for free by signing up now at [ http://www.shinesroomonline.com/reports/February1611FirstNiagaraFinancialGroupInc.(FNFG)160211.php ].
Visit [ www.shinesroomonline.com ] to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
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