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People's United Financial (People's United Financial) Allowance For Loans And Lease Losses : $-344 Mil (As of Dec. 2021)


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What is People's United Financial Allowance For Loans And Lease Losses?

People's United Financial's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2021 was $-344 Mil.

People's United Financial's quarterly Allowance For Loans And Lease Losses declined from Jun. 2021 ($-348 Mil) to Sep. 2021 ($-352 Mil) but then increased from Sep. 2021 ($-352 Mil) to Dec. 2021 ($-344 Mil).

People's United Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2019 ($-247 Mil) to Dec. 2020 ($-425 Mil) but then increased from Dec. 2020 ($-425 Mil) to Dec. 2021 ($-344 Mil).


People's United Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for People's United Financial's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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People's United Financial Allowance For Loans And Lease Losses Chart

People's United Financial Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -234.40 -240.40 -246.60 -425.10 -343.60

People's United Financial Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -425.10 -399.10 -348.10 -352.40 -343.60

People's United Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


People's United Financial Allowance For Loans And Lease Losses Related Terms

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People's United Financial (People's United Financial) Business Description

Traded in Other Exchanges
N/A
Address
850 Main Street, Bridgeport, CT, USA, 06604
People's United Financial Inc is a United States-based bank holding company. It operates in two segments: Commercial and Retail Banking. Commercial Banking includes commercial real estate lending, middle market, and business banking, mortgage warehouse and asset-based lending, and the equipment financing operations of PCLC, PUEFC, and LEAF. It also provides treasury management services, capital market capabilities, and commercial deposit products. Retail Banking includes consumer lending and consumer deposit gathering activities. The vast majority of its revenue is generated from the Commercial Banking segment.
Executives
Jeffrey J Tengel officer: President 1900 EAST NINTH STREET, CLEVELAND OH 44114
Lee C Powlus officer: Sr Ex VP & Chief Admin Officer 850 MAIN STREET, BRIDGEPORT CT 06604
Richard M Barry officer: Chief Credit Officer 726 EXCHANGE STREET SUITE 618 BUFFALO NY 14210
Jane Chwick director C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171
Cruger William Frank Jr. director C/O MARKETAXESS HOLDINGS INC., 299 PARK AVENUE, NEW YORK NY 10171
Kevin T. Bottomley director DANVERS BANCORP, INC. ONE CONANT STREET DANVERS MA 01923
Nancy Mcallister, director 30 CAMP WOODBINE ROAD, PORT JEFFERSON NY 11777
James A Thomas director