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Last $14.75 USD
Change Today -0.03 / -0.20%
Volume 26.7K
FBNK On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

first connecticut bancorp (FBNK) Snapshot

Open
$14.74
Previous Close
$14.78
Day High
$14.82
Day Low
$14.57
52 Week High
12/19/14 - $16.75
52 Week Low
10/1/14 - $14.23
Market Cap
236.5M
Average Volume 10 Days
49.0K
EPS TTM
$0.67
Shares Outstanding
16.0M
EX-Date
05/28/15
P/E TM
22.1x
Dividend
$0.20
Dividend Yield
1.29%
Current Stock Chart for FIRST CONNECTICUT BANCORP (FBNK)

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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 the United States. The company offers various deposit instruments, including checking, savings, money market savings, and negotiable order of withdrawal accounts, as well as fixed-rate time deposits. It 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, the company offers 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 resort loans. Further, it provides wealth management services. As of May 20, 2015, the company operated 22 branch locations in central Connecticut. It also operates four limited services offices, two stand-alone ATM facilities, and one commercial loan office. First Connecticut Bancorp, Inc. was founded in 1851 and is based in Farmington, Connecticut.

328 Employees
Last Reported Date: 03/16/15
Founded in 1851

first connecticut bancorp (FBNK) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $500.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $249.3K
Chief Lending Officer, Executive Vice Preside...
Total Annual Compensation: $267.8K
Executive Vice President and Director of Reta...
Total Annual Compensation: $209.1K
Chief Risk Officer and Executive Vice Preside...
Total Annual Compensation: $207.3K
Compensation as of Fiscal Year 2014.

first connecticut bancorp (FBNK) Key Developments

First Connecticut Bancorp, Inc. Announces Quarterly Dividend, Payable on June 11, 2015

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 June 11, 2015 to all shareholders of record as of June 1, 2015.

First Connecticut Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Announces Net Charge-Offs for the First Quarter Ended March 31, 2015

First Connecticut Bancorp, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total interest income of $19.532 million compared to $16.980 million a year ago. Net interest income was $16.375 million compared to $14.750 million a year ago. Net interest income increased primarily due to a $330.0 million increase in the average net loan balance. Net interest income after provision for loan losses was $15.760 million compared to $14.245 million a year ago. Income before income taxes was $3.487 million compared to $2.047 million a year ago. Net income was $2.511 million or $0.17 per basic and diluted share compared to $1.492 million or $0.10 per basic and diluted share a year ago. Tangible book value per share grew to $14.82 compared to $14.22 at March 31, 2014. Return on average assets was 0.40% compared to 0.28% a year ago. Return on average equity was 4.24% compared to 2.56% a year ago. Total core net income was $2.485 million or $0.16 per diluted share compared to $1.492 million or $0.10 per diluted share a year ago. Net charge-offs in the quarter were $343,000 compared to $1.2 million in the prior year quarter.

First Connecticut Bancorp, Inc. to Report Q1, 2015 Results on Apr 23, 2015

First Connecticut Bancorp, Inc. announced that they will report Q1, 2015 results at 9:00 AM, Eastern Standard Time on Apr 23, 2015

 

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FBNK Competitors

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Industry Analysis

FBNK

Industry Average

Valuation FBNK Industry Range
Price/Earnings 21.5x
Price/Sales 3.0x
Price/Book 0.9x
Price/Cash Flow 22.9x
TEV/Sales NM Not Meaningful
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