First Connecticut Bancorp Company Profile (NASDAQ:FBNK)

About First Connecticut Bancorp

First Connecticut Bancorp logoFirst Connecticut Bancorp, Inc. is a stock holding company. The Company operates through its wholly owned subsidiary Farmington Bank (the Bank), a community bank with over 20 branch locations throughout central Connecticut. The Bank offers commercial and residential lending as well as wealth management services in Connecticut and western Massachusetts. It operates through Community Banking segment. Its principal lending activities include residential, consumer and commercial lending. Its lending activities consist of the origination of one- to four-family residential real estate loans that are secured by properties located in Hartford County and surrounding counties in Connecticut. The Bank's investment activities consisted primarily of United States government and agency securities, including debt and mortgage-backed securities, securities issued and guaranteed by Government Sponsored Enterprises (GSE's), municipal and other bonds, mutual funds and equity securities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: FBNK
  • CUSIP: 31985010
Key Metrics:
  • Previous Close: $17.45
  • 50 Day Moving Average: $16.65
  • 200 Day Moving Average: $16.45
  • Trailing P/E Ratio: 19.18
  • Foreward P/E Ratio: 16.01
  • P/E Growth: 1.77
  • Market Cap: $260.21M
  • Outstanding Shares: 14,912,000
  • Beta: 0.37
Additional Links:
Companies Related to First Connecticut Bancorp:

Analyst Ratings

Consensus Ratings for First Connecticut Bancorp (NASDAQ:FBNK) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $18.50 (6.02% upside)

Analysts' Ratings History for First Connecticut Bancorp (NASDAQ:FBNK)
DateFirmActionRatingPrice TargetDetails
5/4/2016FIG PartnersReiterated RatingMarket-PerformView Rating Details
4/21/2016Compass PointReiterated RatingBuy$19.00 -> $20.00View Rating Details
4/14/2016Piper Jaffray Cos.Initiated CoverageOverweight$18.50View Rating Details
1/29/2016Keefe, Bruyette & WoodsLower Price Target$17.50 -> $17.00View Rating Details
(Data available from 8/30/2014 forward)


Earnings History for First Connecticut Bancorp (NASDAQ:FBNK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/20/2016Q2$0.23$0.24ViewN/AView Earnings Details
4/20/2016Q1$0.22$0.24ViewN/AView Earnings Details
1/27/2016Q4$0.24$0.18ViewListenView Earnings Details
10/21/2015Q3$0.20$0.25ViewListenView Earnings Details
7/22/2015Q2$0.18$0.23ViewListenView Earnings Details
4/23/2015Q115$0.16$0.17$18.72 millionViewN/AView Earnings Details
1/28/2015$0.18$0.21ViewN/AView Earnings Details
10/23/2014Q3$0.15$0.17ViewListenView Earnings Details
7/24/2014Q214$0.10$0.14$17.00 millionViewN/AView Earnings Details
4/24/2014$0.08$0.10ViewN/AView Earnings Details
1/30/2014Q4$0.07$0.07ViewN/AView Earnings Details
3/1/2013Q412$0.06$0.20$14.92 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for First Connecticut Bancorp (NASDAQ:FBNK)
Current Year EPS Consensus Estimate: $0.98 EPS
Next Year EPS Consensus Estimate: $1.09 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.21$0.21$0.21
Q3 20161$0.23$0.23$0.23
Q4 20161$0.28$0.28$0.28
Q1 20171$0.27$0.27$0.27
Q2 20171$0.30$0.30$0.30
Q3 20171$0.30$0.30$0.30
Q4 20171$0.32$0.32$0.32
(Data provided by Zacks Investment Research)


Current Dividend Information for First Connecticut Bancorp (NASDAQ:FBNK)
Annual Dividend:$0.28
Dividend Yield:1.60%
Payout Ratio:30.44% (Based on Trailing 12 Months of Earnings)
28.57% (Based on Current Year Consensus EPS Estimate)
25.69% (Based on Next Year Consensus EPS Estimate)

Dividend History for First Connecticut Bancorp (NASDAQ:FBNK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for First Connecticut Bancorp (NASDAQ:FBNK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/29/2016John J Jr. PatrickCEOBuy836$16.22$13,559.92View SEC Filing  
3/16/2016James T Healey JrDirectorBuy1,419$15.99$22,689.81View SEC Filing  
2/19/2016John J CarsonDirectorBuy80$16.29$1,303.20View SEC Filing  
2/12/2016John A GreenDirectorBuy300$16.05$4,815.00View SEC Filing  
10/30/2015Michael A ZiebkaDirectorSell5,000$17.34$86,700.00View SEC Filing  
9/10/2015Ronald A BucchiDirectorSell3,104$16.84$52,271.36View SEC Filing  
5/26/2015James T Healey JrDirectorBuy10,000$14.74$147,400.00View SEC Filing  
5/13/2015James T Healey JrDirectorBuy5,000$14.75$73,750.00View SEC Filing  
3/10/2015James T Healey JrDirectorBuy5,000$14.88$74,400.00View SEC Filing  
3/10/2015John J Jr. PatrickCEOBuy5,580$14.85$82,863.00View SEC Filing  
3/9/2015Catherine M BurnsEVPBuy2,500$15.00$37,500.00View SEC Filing  
2/12/2015James T Healey JrDirectorBuy2,500$14.97$37,425.00View SEC Filing  
11/19/2014James T Healey JrDirectorBuy2,500$15.00$37,500.00View SEC Filing  
11/14/2014James T Healey JrDirectorBuy5,000$15.38$76,900.00View SEC Filing  
10/29/2014Gregory A WhiteCFOSell2,000$15.45$30,900.00View SEC Filing  
8/19/2014Gregory A WhiteCFOSell1,666$15.55$25,906.30View SEC Filing  
8/18/2014Gregory A WhiteCFOSell1,445$15.55$22,469.75View SEC Filing  
6/12/2014Robert F Jr. EdmundsDirectorBuy6,600$15.15$99,990.00View SEC Filing  
3/10/2014John J Jr. PatrickCEOBuy4,990$16.17$80,688.30View SEC Filing  
9/11/2013Kenneth F BurnsDirectorSell3,000$14.09$42,270.00View SEC Filing  
6/14/2013Kenneth F BurnsDirectorSell1,000$13.38$13,380.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for First Connecticut Bancorp (NASDAQ:FBNK)
DateHeadline logoFirst Connecticut Bancorp, Inc. :FBNK-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:FBNK) - July 26 at 10:12 AM
News IconFarmington Bank parent's 2Q net flat (NASDAQ:FBNK) - July 23 at 9:01 AM logoEdited Transcript of FBNK earnings conference call or presentation 21-Jul-16 2:30pm GMT (NASDAQ:FBNK) - July 21 at 2:53 PM logoFirst Connecticut Bancorp : posts 2Q profit (NASDAQ:FBNK) - July 20 at 6:17 PM logoFirst Connecticut posts 2Q profit (NASDAQ:FBNK) - July 20 at 5:28 PM logoETF’s with exposure to First Connecticut Bancorp, Inc. : July 7, 2016 (NASDAQ:FBNK) - July 7 at 2:54 PM logoFirst Connecticut Bancorp: A Buyout Candidate? (NASDAQ:FBNK) - July 4 at 4:42 PM logoFirst Connecticut Bancorp, Inc. :FBNK-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:FBNK) - June 28 at 12:20 PM
News IconFarmington Bank Opens Vernon, CT Branch on June 16 (NASDAQ:FBNK) - June 16 at 4:58 PM logoFarmington Bank Commits $5 Million to Small Business Lending in Western Massachusetts (NASDAQ:FBNK) - May 10 at 3:12 PM logoFIRST CONNECTICUT BANCORP, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:FBNK) - May 4 at 4:43 PM logoFarmington Bank Selected as Best Community Bank By Readers of Hartford Magazine For Second Year in a Row (NASDAQ:FBNK) - April 26 at 2:42 PM logoFirst Connecticut Bancorp, Inc. :FBNK-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:FBNK) - April 25 at 10:26 AM logoEdited Transcript of FBNK earnings conference call or presentation 21-Apr-16 2:30pm GMT (NASDAQ:FBNK) - April 21 at 12:51 PM logoFirst Connecticut Bancorp, Inc. reports first quarter 2016 earnings of $0.24 earnings per share (NASDAQ:FBNK) - April 20 at 5:32 PM logoFirst Connecticut posts 1Q profit (NASDAQ:FBNK) - April 20 at 5:31 PM logoFIRST CONNECTICUT BANCORP, INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, (NASDAQ:FBNK) - February 23 at 4:55 PM logoFirst Connecticut Bancorp, Inc. Increases Quarterly Dividend and Sets Date for Annual Stockholders Meeting (NASDAQ:FBNK) - February 23 at 4:47 PM logoFirst Connecticut Bancorp, Inc. Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:FBNK) - February 1 at 1:23 PM logoEdited Transcript of FBNK earnings conference call or presentation 28-Jan-16 3:30pm GMT (NASDAQ:FBNK) - January 28 at 3:33 PM logoFirst Connecticut posts 4Q profit (NASDAQ:FBNK) - January 27 at 6:49 PM logoFirst Connecticut Bancorp, Inc. Reports Fourth Quarter 2015 Earnings of $0.16 Earnings Per Share (NASDAQ:FBNK) - January 27 at 4:34 PM logoFIRST CONNECTICUT BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statemen (NASDAQ:FBNK) - January 27 at 4:15 PM logoFirst Connecticut Bancorp, Inc. (FBNK) (NASDAQ:FBNK) - January 27 at 1:59 PM logoQ4 2015 First Connecticut Bancorp Inc Earnings Release - After Market Close (NASDAQ:FBNK) - January 27 at 7:07 AM logoFirst Connecticut Bancorp, Inc. Announces Fourth Quarter (Q4 2015) Earnings Release and Conference Call (NASDAQ:FBNK) - January 8 at 4:46 PM logoFIRST CONNECTICUT BANCORP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:FBNK) - January 8 at 4:30 PM logoFIRST CONNECTICUT BANCORP, INC. Financials (NASDAQ:FBNK) - December 8 at 1:17 PM logoFirst Connecticut Bancorp, Inc. Announces Quarterly Dividend (NASDAQ:FBNK) - November 24 at 2:56 PM logoFirst Connecticut Bancorp, Inc. Earnings Q3, 2015 (NASDAQ:FBNK) - November 9 at 11:02 AM logoFIRST CONNECTICUT BANCORP, INC. Files SEC form 10-Q, Quarterly Report (NASDAQ:FBNK) - November 6 at 12:25 PM logoCan First Connecticut (FBNK) Run Higher on Strong Earnings Estimate Revisions? (NASDAQ:FBNK) - November 6 at 8:44 AM logoEdited Transcript of FBNK earnings conference call or presentation 22-Oct-15 2:30pm GMT (NASDAQ:FBNK) - October 22 at 3:22 PM logoFirst Connecticut posts 3Q profit (NASDAQ:FBNK) - October 21 at 5:38 PM


First Connecticut Bancorp (NASDAQ:FBNK) Chart for Tuesday, August, 30, 2016

Last Updated on 8/30/2016 by Staff