Last $15.30 USD
Change Today -0.09 / -0.58%
Volume 396.0
FBNK On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 9:46 AM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

first connecticut bancorp (FBNK) Snapshot

Open
$15.34
Previous Close
$15.39
Day High
$15.34
Day Low
$15.30
52 Week High
12/19/14 - $16.75
52 Week Low
10/1/14 - $14.23
Market Cap
245.2M
Average Volume 10 Days
18.0K
EPS TTM
$0.47
Shares Outstanding
16.0M
EX-Date
12/3/14
P/E TM
32.9x
Dividend
$0.20
Dividend Yield
1.11%
Current Stock Chart for FIRST CONNECTICUT BANCORP (FBNK)

Related News

No related news articles were found.

first connecticut bancorp (FBNK) Related Businessweek News

No Related Businessweek News Found

first connecticut bancorp (FBNK) Details

First Connecticut Bancorp, Inc. operates as the holding company for Farmington Bank that provides various commercial and consumer banking services to businesses, individuals, and governments in Central Connecticut, the United States. It offers various deposit instruments, including checking and savings accounts, money market savings accounts, negotiable order of withdrawal accounts, demand deposits, and fixed-rate time deposits. The company also provides one-to-four family residential real estate loans; commercial real estate loans; construction loans, such as commercial construction loans and real estate subdivision development loans to developers, licensed contractors, and builders for the construction and development of commercial real estate projects and residential properties, as well as loans to individuals and contractors for the construction and acquisition of personal residences; and commercial loans comprising term loans, revolving lines of credit for working capital needs, equipment lines of credit to facilitate the purchase of equipment, and letters of credit. In addition, it offers resort loans; home equity loans and home equity lines of credit secured by owner-occupied one-to-four family residences; and consumer loans, including installment, demand, revolving credit, and collateral loans, as well as originates, purchases, and services loans. The company operates 22 full service branch offices, 4 limited service offices, and 2 stand-alone ATM facilities in Hartford County. First Connecticut Bancorp, Inc. was founded in 1851 and is based in Farmington, Connecticut.

337 Employees
Last Reported Date: 03/17/14
Founded in 1851

first connecticut bancorp (FBNK) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $502.4K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $249.9K
Chief Lending Officer, Executive Vice Preside...
Total Annual Compensation: $266.4K
Chief Risk Officer and Executive Vice Preside...
Total Annual Compensation: $237.9K
Executive Vice President and Director of Reta...
Total Annual Compensation: $204.7K
Compensation as of Fiscal Year 2013.

first connecticut bancorp (FBNK) Key Developments

First Connecticut Bancorp, Inc. Announces Quarterly Dividend, Payable on December 15, 2014

First Connecticut Bancorp, Inc. announced that its Board of Directors has voted to pay a cash dividend in the amount of $0.05 per share on December 15, 2014 to all shareholders of record as of December 5, 2014.

First Connecticut Bancorp, Inc. - Shareholder/Analyst Call

To review of financial results and trends through the period ended September 30, 2014

First Connecticut Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Net Charge-Offs for the Third Quarter of 2014

First Connecticut Bancorp, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company’s net interest income increased $2.7 million or 20% to $16.0 million compared to $13.3 million in the third quarter of 2013 primarily due to a $329.9 million increase in the average net loan balance despite a 12 basis point decrease in the yield on loans. Tangible book value per share grew to $14.56 compared to $14.39 on a linked quarter basis and $13.88 at the quarter ended September 30, 2013. Income before income taxes was $3,503,000 compared to $1,140,000 a year ago. Net income was $2,506,000 compared to $865,000 a year ago. Return on average assets was 0.43% compared to 0.18% a year ago. Return on average equity was 4.27% compared to 1.49% a year ago. Basic and diluted earnings per share were $0.17 compared to $0.06 a year ago. Total core net income $2,506,000 or $0.17 per diluted share against $664,000 or $0.14 per diluted share a year ago. For the nine months period, the company reported total interest income of $53,362,000 compared to $46,189,000 a year ago. Net interest income was $46,299,000 compared to $38,822,000 a year ago. Income before income taxes was $8,516,000 compared to $3,417,000 a year ago. Net income was $6,188,000 compared to $2,570,000 a year ago. Return on average assets was 0.43% compared to 0.18% a year ago. Return on average equity was 4.27% compared to 1.49% a year ago. Basic and diluted earnings per share were $0.41 compared to $0.16 a year ago. For the third quarter of 2014, the company reported net charge-offs of $397,000 or 0.08% to average loans (annualized) compared to $129,000 or 0.03% to average loans (annualized) in the linked quarter.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FBNK:US $15.30 USD -0.09

FBNK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ESSA Bancorp Inc $11.76 USD -0.08
Fox Chase Bancorp Inc $16.38 USD -0.07
Blue Hills Bancorp Inc $13.08 USD +0.10
OceanFirst Financial Corp $16.25 USD -0.305
SI Financial Group Inc $10.97 USD 0.00
View Industry Companies
 

Industry Analysis

FBNK

Industry Average

Valuation FBNK Industry Range
Price/Earnings 32.0x
Price/Sales 3.4x
Price/Book 1.0x
Price/Cash Flow 33.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FIRST CONNECTICUT BANCORP, please visit www.farmingtonbankct.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.