Interest and dividend income for the reported quarter totaled $286.3 million compared to $274.2 million มติชน 1/7/59 in Q4 FY15. The Company's total interest expenses increased to $39.5 million in Q4 FY16 from $35.4 million in Q4 FY15. People's United's net interest income also rose during the reported quarter to $246.8 million from $238.8 million in Q4 FY15. Furthermore, total non-interest income for the reported quarter came in at $84.2 million compared to $93.3 million in the year ago same quarter. The holding company for People's United Bank reported net income of $75.9 million, or $0.24 per common share, in Q4 FY16 compared to $70.8 million, or $0.23 per common share, in Q4 FY15. The Company's quarterly net income was in-line with market consensus estimates. In full year FY16, People's United's net interest income increased to $972.2 million from $932.1 million in FY15. However, the Company's total noninterest income was down to $342.7 million in FY16 from $352.4 million in the previous year. Furthermore, net income for the reported quarter came in at $281.0 million, or $0.92 per common share, compared to $260.1 million, or $0.86 per common share, in FY15. Earnings Metrics During the reported quarter, the Company's return on average assets came in flat at 0.75% from the previous year's comparable quarter. The return on average common equity came in at 6.1% in Q4 FY16, which was marginally above the 6.0% reported in the year ago comparable period.
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Nuzzi will cover the Trump administration and Congress for the print magazine and its "Daily Intel" blog. Nuzzi, 24, told POLITICO that she is thrilled to join New York magazine, whose website she refreshes at least five times per day. Her first day at New York will be Monday, Feb. 6. She was most recently a political reporter at The Daily Beast, where she extensively covered Trump's presidential campaign, and a contributor to GQ and Esquire. POLITICO named Nuzzi one of the "breakout media stars" of 2016. Nuzzi got her start in journalism while still in high school, writing a column for an alt-weekly in Asbury Park, N.J. In 2013, she became a staff writer for the short-lived magazine NSFWcorp and published an inside account of turmoil in Anthony Weiner's mayoral campaign for the Daily News. After stints freelancing for POLITICO Magazine and New York magazine, she joined The Daily Beast in 2014. "Im so grateful to my friends and mentors at The Daily Beast who have made me a better writer, reporter and, Id like to think, person since hiring me in 2014," Nuzzi wrote in a Facebook post that will go up later this morning. "Im very excited for this new chapter, and honored that my work will now appear in print and online alongside bylines Ive read my entire life in a publication as storied and respected as New York though not by President Trump, who once said it 'sucks' and called it, 'lifeless and dead - one of the most boring out there.' ...
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