David Berey - Peoples United Executive Vice President Chief Credit Office

President

Mr. David Berey serves as Executive Vice President, Chief Credit Officer of the Company. He is responsible for Credit Risk for Commercial and Industrial lending, Commercial Real Estate Finance, Leasing, Residential and Consumer Lending. Mr. Berey joined Peoples United in 1992 as a CI relationship manager and was promoted in 1995 to Hartford regional manager for CI lending. In 1999, he was promoted to manage Business Banking and Cash management services. In 2001, he became Senior Vice President Head of CI Lending and in 2011 was promoted to his current position. Prior to Peoples United, Berey spent twoandahalf years with First Constitution Bank in New Haven, where he managed a loan production office and a loan workout group. Before joining First Constitution, he was with Bank of Boston CT for over seven years in various commercial lending roles since 2018.
Age 57
Tenure 6 years
Professional MarksMBA
Phone203 338-2545
Webwww.peoples.com
Berey earned a B.A. in Economics from Trinity College in Hartford, Connecticut and M.B.A. from the University of New Haven.

Peoples United Management Efficiency

The company has return on total asset (ROA) of 0.95 % which means that it generated a profit of $0.95 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 7.8 %, meaning that it created $7.8 on every $100 dollars invested by stockholders. Peoples United's management efficiency ratios could be used to measure how well Peoples United manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 1.95 B in liabilities with Debt to Equity (D/E) ratio of 7.23, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Peoples United until it has trouble settling it off, either with new capital or with free cash flow. So, Peoples United's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Peoples United Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Peoples to invest in growth at high rates of return. When we think about Peoples United's use of debt, we should always consider it together with cash and equity.

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Peoples United Financial, Inc. operates as the bank holding company for Peoples United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company was founded in 1842 and is headquartered in Bridgeport, Connecticut. Peoples United operates under Banking classification in the United States and is traded on NASDAQ Exchange. Peoples United Financial (PBCT) is traded on NASDAQ Exchange in USA and employs 5,640 people.

Management Performance

Peoples United Financial Leadership Team

Elected by the shareholders, the Peoples United's board of directors comprises two types of representatives: Peoples United inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Peoples. The board's role is to monitor Peoples United's management team and ensure that shareholders' interests are well served. Peoples United's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Peoples United's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Berey, Executive Vice President Chief Credit Office
Lee Powlus, Chief Admin. Officer and Sr. Executive VP
Janet Hansen, Independent Director
David Rosato, CFO, Sr. Executive VP, CFO of People's United Bank and Sr. Executive VP of People's United Bank
Sara Longobardi, Executive Vice President Retail banking
Kristy Berner, Executive Vice President General Counsel and Corporate Secretary
Mark Herron, Executive Vice President Chief Marketing Officer
Collin Baron, Independent Director
Andrew Hersom, Investor Relations
Peter Goulding, Corporate Development & Investor Relations
Chantal Simon, Senior Executive Vice President Chief Risk Officer
Daniel Roberts, Executive Vice President Chief Risk Officer
Richard Hoyt, Independent Director
David Norton, Senior Executive Vice President Chief Human Resources Officer
John Dwight, Independent Director
Nancy McAllister, Director
Jerry Franklin, Independent Director
Jane Chwick, Director
Robert Trautmann, Senior Executive Vice President General Counsel
John Barnes, CEO and President Director, Member of Treasury and Fin. Committee, Member of Enterprise Risk Committee, CEO of The People's United Bank and President of The People's United Bank and Director of The People's United Bank
Kevin Bottomley, Director
Galan Daukas, Executive Vice President Wealth management
Kirk Walters, Sr. Executive VP of Corporate Devel., Sr. Executive VP of People's United Bank, Director and Member of Enterprise Risk Committee
Mark Richards, Independent Director
William Cruger, Director
George Carter, Non-Executive Independent Chairman of the Board
Jeffrey Tengel, Sr. Executive VP of Commercial Banking Division

Peoples Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Peoples United a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Consideration for investing in Peoples Stock

If you are still planning to invest in Peoples United Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Peoples United's history and understand the potential risks before investing.
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