First Connecticut Bancorp Company Profile (NASDAQ:FBNK)

About First Connecticut Bancorp (NASDAQ:FBNK)

First Connecticut Bancorp logoFirst Connecticut Bancorp, Inc. (FCB) is a stock holding company. The Company operates through its subsidiary, Farmington Bank (the Bank), which is a full-service community bank with branch locations throughout central Connecticut and western Massachusetts. The Bank offers commercial and residential lending, as well as wealth management services. The Bank's lending activities include residential, consumer and commercial lending. The Bank's lending activities consists 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 Company offers a selection of deposit instruments, including checking, savings, money market savings accounts, negotiable order of withdrawal (NOW) accounts and fixed-rate time deposits.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $386.25 million
  • Outstanding Shares: 15,088,000
Average Prices:
  • 50 Day Moving Avg: $25.39
  • 200 Day Moving Avg: $23.43
  • 52 Week Range: $15.74 - $27.50
P/E:
  • Trailing P/E Ratio: 23.68
  • Foreward P/E Ratio: 16.73
  • P/E Growth: 1.94
Sales & Book Value:
  • Annual Revenue: $83.56 million
  • Price / Sales: 4.62
  • Book Value: $17.54 per share
  • Price / Book: 1.46
Dividend:
  • Annual Dividend: $0.36
  • Dividend Yield: 1.4%
Profitability:
  • Net Margins: 15.26%
  • Return on Equity: 5.89%
  • Return on Assets: 0.54%
Debt:
  • Debt-to-Equity Ratio: 0.86%
  • Current Ratio: 1.10%
  • Quick Ratio: 1.10%
Misc:
  • Average Volume: 30,060 shs.
  • Beta: 0.58
  • Short Ratio: 6.86
 

Frequently Asked Questions for First Connecticut Bancorp (NASDAQ:FBNK)

What is First Connecticut Bancorp's stock symbol?

First Connecticut Bancorp trades on the NASDAQ under the ticker symbol "FBNK."

How often does First Connecticut Bancorp pay dividends? What is the dividend yield for First Connecticut Bancorp?

First Connecticut Bancorp declared a quarterly dividend on Wednesday, May 24th. Stockholders of record on Friday, June 2nd will be paid a dividend of $0.12 per share on Monday, June 12th. This represents a $0.48 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend is Wednesday, May 31st. This is a positive change from First Connecticut Bancorp's previous quarterly dividend of $0.11. View First Connecticut Bancorp's Dividend History.

How were First Connecticut Bancorp's earnings last quarter?

First Connecticut Bancorp Inc (NASDAQ:FBNK) announced its quarterly earnings results on Tuesday, April, 18th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.06. The business had revenue of $22.42 million for the quarter, compared to the consensus estimate of $21.77 million. First Connecticut Bancorp had a net margin of 15.26% and a return on equity of 5.89%. View First Connecticut Bancorp's Earnings History.

When will First Connecticut Bancorp make its next earnings announcement?

First Connecticut Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, July, 18th 2017. View Earnings Estimates for First Connecticut Bancorp.

Where is First Connecticut Bancorp's stock going? Where will First Connecticut Bancorp's stock price be in 2017?

1 equities research analysts have issued twelve-month target prices for First Connecticut Bancorp's shares. Their forecasts range from $25.50 to $25.50. On average, they anticipate First Connecticut Bancorp's stock price to reach $25.50 in the next twelve months. View Analyst Ratings for First Connecticut Bancorp.

Who are some of First Connecticut Bancorp's key competitors?

Who owns First Connecticut Bancorp stock?

First Connecticut Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.73%), EJF Capital LLC (3.31%), Rutabaga Capital Management LLC MA (2.90%), Dimensional Fund Advisors LP (2.39%), Renaissance Technologies LLC (1.59%) and Hennessy Advisors Inc. (1.49%). Company insiders that own First Connecticut Bancorp stock include James T Healey Jr, John A Green, John J Carson, John J Jr Patrick, Kenneth F Burns, Michael A Ziebka, Patience Peirce Mcdowell and Ronald A Bucchi. View Institutional Ownership Trends for First Connecticut Bancorp.

Who sold First Connecticut Bancorp stock? Who is selling First Connecticut Bancorp stock?

First Connecticut Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Kennedy Capital Management Inc., Morgan Stanley, Parametric Portfolio Associates LLC, JPMorgan Chase & Co., Wells Fargo & Company MN, Renaissance Technologies LLC and Nationwide Fund Advisors. Company insiders that have sold First Connecticut Bancorp stock in the last year include Michael A Ziebka and Ronald A Bucchi. View Insider Buying and Selling for First Connecticut Bancorp.

Who bought First Connecticut Bancorp stock? Who is buying First Connecticut Bancorp stock?

First Connecticut Bancorp's stock was bought by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, DUPONT CAPITAL MANAGEMENT Corp, ClariVest Asset Management LLC, Dimensional Fund Advisors LP, Oxford Asset Management, Rutabaga Capital Management LLC MA, Trexquant Investment LP and Vanguard Group Inc.. Company insiders that have bought First Connecticut Bancorp stock in the last two years include James T Healey Jr, John A Green, John J Carson, John J Jr Patrick, Kenneth F Burns, Patience Peirce Mcdowell and Ronald A Bucchi. View Insider Buying and Selling for First Connecticut Bancorp.

How do I buy First Connecticut Bancorp stock?

Shares of First Connecticut Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of First Connecticut Bancorp stock cost?

One share of First Connecticut Bancorp stock can currently be purchased for approximately $25.60.

Analyst Ratings

Consensus Ratings for First Connecticut Bancorp (NASDAQ:FBNK) (?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $25.50 (0.39% downside)

Analysts' Ratings History for First Connecticut Bancorp (NASDAQ:FBNK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
1/31/2017Piper Jaffray CompaniesUpgradeNeutral -> Overweight$25.50N/AView Rating Details
5/4/2016FIG PartnersReiterated RatingMarket-PerformN/AView Rating Details
4/21/2016Compass PointReiterated RatingBuy$19.00 -> $20.00N/AView Rating Details
1/29/2016Keefe, Bruyette & WoodsLower Price Target$17.50 -> $17.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for First Connecticut Bancorp (NASDAQ:FBNK)
Earnings by Quarter for First Connecticut Bancorp (NASDAQ:FBNK)
Earnings History by Quarter for First Connecticut Bancorp (NASDAQ:FBNK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/18/2017        
4/18/2017Q1 2017$0.26$0.32$21.77 million$22.42 millionViewN/AView Earnings Details
1/25/2017Q215$0.25$0.27$21.70 million$21.66 millionViewN/AView Earnings Details
10/19/2016Q3$0.24$0.24$21.76 million$21.44 millionViewN/AView Earnings Details
7/20/2016Q2$0.23$0.24$20.85 million$20.49 millionViewN/AView Earnings Details
4/20/2016Q1$0.22$0.24$20.41 millionViewN/AView Earnings Details
1/27/2016Q4$0.24$0.18$20.83 millionViewListenView Earnings Details
10/21/2015Q3$0.20$0.25$20.91 millionViewListenView Earnings Details
7/22/2015Q2$0.18$0.23$19.43 million$21.17 millionViewListenView Earnings Details
4/23/2015Q115$0.16$0.16$18.79 million$19.04 millionViewN/AView Earnings Details
10/23/2014Q3$0.15$0.17$17.81 million$18.76 millionViewListenView Earnings Details
7/24/2014Q214$0.10$0.14$17.01 million$17.63 millionViewN/AView Earnings Details
4/24/2014Q1 2014$0.09$0.10$16.49 million$16.51 millionViewN/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)

Estimates

Earnings Estimates for First Connecticut Bancorp (NASDAQ:FBNK)
2017 EPS Consensus Estimate: $1.09
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.27$0.27$0.27
Q2 20171$0.27$0.27$0.27
Q3 20171$0.27$0.27$0.27
Q4 20171$0.28$0.28$0.28
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Connecticut Bancorp (NASDAQ:FBNK)
Next Dividend:6/12/2017
Annual Dividend:$0.36
Dividend Yield:1.41%
Payout Ratio:36.00% (Trailing 12 Months of Earnings)
27.27% (Based on This Year's Estimates)
23.53% (Based on Next Year's Estimates)
Dividend Payments by Quarter for First Connecticut Bancorp (NASDAQ:FBNK)

Dividend History by Quarter for First Connecticut Bancorp (NASDAQ:FBNK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/24/2017quarterly$0.121.88%5/31/20176/2/20176/12/2017
3/1/2017Quarterly$0.111.83%3/8/20173/10/20173/20/2017
11/22/2016Quarterly$0.0911/30/201612/2/201612/12/2016
8/23/2016Quarterly$0.088/31/20169/2/20169/12/2016
5/24/2016Quarterly$0.076/1/20166/3/20166/13/2016
2/23/2016Quarterly$0.073/2/20163/4/20163/14/2016
11/24/2015Quarterly$0.0612/2/201512/4/201512/14/2015
8/25/2015$0.069/2/20159/4/20159/14/2015
5/21/2015quarterly$0.051.37%5/28/20156/1/20156/11/2015
2/25/2015quarterly$0.051.34%3/4/20153/6/20153/16/2015
11/25/2014quarterly$0.051.31%12/3/201412/5/201412/15/2014
8/26/2014quarterly$0.051.3%9/3/20149/5/20149/15/2014
5/27/2014quarterly$0.041.02%6/4/20146/6/20146/16/2014
2/25/2014quarterly$0.030.77%3/5/20143/7/20143/17/2014
11/26/2013quarterly$0.030.71%12/4/201312/6/201312/16/2013
8/27/2013quarterly$0.030.85%9/4/20139/6/20139/16/2013
5/29/2013quarterly$0.030.84%6/6/20136/10/20136/20/2013
2/26/2013quarterly$0.030.83%3/6/20133/8/20133/18/2013
12/5/2012quarterly$0.0312/17/201212/27/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for First Connecticut Bancorp (NASDAQ:FBNK)
Insider Ownership Percentage: 9.10%
Institutional Ownership Percentage: 46.52%
Insider Trades by Quarter for First Connecticut Bancorp (NASDAQ:FBNK)
Institutional Ownership by Quarter for First Connecticut Bancorp (NASDAQ:FBNK)
Insider Trades by Quarter for First Connecticut Bancorp (NASDAQ:FBNK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/9/2017Ronald A BucchiDirectorBuy2,000$24.13$48,260.00View SEC Filing  
12/14/2016Kenneth F BurnsDirectorBuy100$22.58$2,258.00View SEC Filing  
12/13/2016John J Jr. PatrickChairmanBuy125$22.35$2,793.75View SEC Filing  
12/6/2016Michael A ZiebkaDirectorSell6,061$22.00$133,342.00View SEC Filing  
12/1/2016Michael A ZiebkaDirectorSell2,810$21.85$61,398.50View SEC Filing  
11/29/2016Michael A ZiebkaDirectorSell11,129$22.16$246,618.64View SEC Filing  
10/25/2016John J Jr. PatrickChairmanBuy1,055$18.20$19,201.00View SEC Filing  
9/8/2016Patience Peirce McdowellDirectorBuy2,775$18.06$50,116.50View SEC Filing  
9/7/2016Ronald A BucchiDirectorSell5,162$17.55$90,593.10View SEC Filing  
8/26/2016John J CarsonDirectorBuy50$17.29$864.50View SEC Filing  
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)

Headlines

Headline Trends for First Connecticut Bancorp (NASDAQ:FBNK)
Latest Headlines for First Connecticut Bancorp (NASDAQ:FBNK)
Source:
DateHeadline
americanbankingnews.com logoFirst Connecticut Bancorp Inc (FBNK) Raises Dividend to $0.12 Per Share
www.americanbankingnews.com - May 24 at 5:58 PM
streetinsider.com logoFirst Connecticut Bancorp (FBNK) Raises Quarterly Dividend 9.1% to $0.12; 1.9% Yield
www.streetinsider.com - May 23 at 4:51 PM
finance.yahoo.com logoFirst Connecticut Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : FBNK-US : May 18, 2017
finance.yahoo.com - May 18 at 10:15 AM
finance.yahoo.com logoWhy First Connecticut (FBNK) Stock Might be a Great Pick
finance.yahoo.com - May 15 at 11:35 AM
finance.yahoo.com logoETFs with exposure to First Connecticut Bancorp, Inc. : May 9, 2017
finance.yahoo.com - May 9 at 5:01 PM
finance.yahoo.com logoFirst Connecticut Bancorp, Inc. :FBNK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 4:59 PM
americanbankingnews.com logoFirst Connecticut Bancorp (FBNK) Receiving Somewhat Favorable News Coverage, Report Finds
www.americanbankingnews.com - May 3 at 5:40 PM
americanbankingnews.com logoFirst Connecticut Bancorp (FBNK) Receives News Impact Score of -0.12
www.americanbankingnews.com - April 30 at 11:39 AM
americanbankingnews.com logoFirst Connecticut Bancorp (FBNK) Getting Somewhat Favorable Press Coverage, Report Shows
www.americanbankingnews.com - April 26 at 5:56 PM
americanbankingnews.com logoFirst Connecticut Bancorp Inc (FBNK) Raised to Strong-Buy at Zacks Investment Research
www.americanbankingnews.com - April 25 at 11:34 PM
americanbankingnews.com logoPositive Press Coverage Somewhat Likely to Affect First Connecticut Bancorp (FBNK) Share Price
www.americanbankingnews.com - April 21 at 8:18 PM
americanbankingnews.com logoZacks: First Connecticut Bancorp Inc (FBNK) Given $24.38 Consensus Target Price by Analysts
www.americanbankingnews.com - April 20 at 3:19 PM
finance.yahoo.com logoEdited Transcript of FBNK earnings conference call or presentation 19-Apr-17 2:30pm GMT
finance.yahoo.com - April 20 at 12:01 PM
seekingalpha.com logoFirst Connecticut Bancorp's (FBNK) CEO John Patrick on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 19 at 10:05 PM
reuters.com logoBRIEF-First Connecticut Bancorp reports Q1 earnings of $0.32/shr
www.reuters.com - April 19 at 12:07 PM
streetinsider.com logoFirst Connecticut Bancorp (FBNK) Tops Q1 EPS by 6c
www.streetinsider.com - April 19 at 12:07 PM
americanbankingnews.com logoFirst Connecticut Bancorp Inc (FBNK) Announces Quarterly Earnings Results
www.americanbankingnews.com - April 19 at 9:54 AM
finance.yahoo.com logoFirst Connecticut Bancorp, Inc. reports first quarter 2017 earnings of $0.32 diluted earnings per share
finance.yahoo.com - April 18 at 4:47 PM
marketbeat.com logoFirst Connecticut posts 1Q profit
marketbeat.com - April 18 at 4:34 PM
finance.yahoo.com logoFirst Connecticut Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : FBNK-US : April 18, 2017
finance.yahoo.com - April 18 at 11:43 AM
americanbankingnews.com logoFirst Connecticut Bancorp Inc (FBNK) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 16 at 7:08 AM
finance.yahoo.com logoFirst Connecticut Bancorp, Inc. Announces First Quarter (Q1 2017) Earnings Release and Conference Call
finance.yahoo.com - April 7 at 9:45 AM
americanbankingnews.com logoFirst Connecticut Bancorp Inc (FBNK) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 3 at 9:23 AM
americanbankingnews.com logoFirst Connecticut Bancorp Inc (FBNK) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - March 28 at 8:39 PM
finance.yahoo.com logoFIRST CONNECTICUT BANCORP, INC. Financials
finance.yahoo.com - March 16 at 6:30 PM
biz.yahoo.com logoFIRST CONNECTICUT BANCORP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 13 at 5:11 PM
reuters.com logoBRIEF-First Connecticut Bancorp increases quarterly dividend $0.02
www.reuters.com - March 1 at 9:53 PM
us.rd.yahoo.com logo11:00 am First Connecticut Bancorp increases quarterly dividend to $0.11/share from $0.09/share
us.rd.yahoo.com - March 1 at 12:36 PM
feeds.benzinga.com logoFirst Connecticut Bancorp, Inc. Increases Quarterly Dividend $0.02 and Sets Date for Annual Stockholders Meeting
feeds.benzinga.com - March 1 at 12:00 PM
us.rd.yahoo.com logoFirst Connecticut Bancorp upgraded by Piper Jaffray
us.rd.yahoo.com - January 31 at 5:49 PM
biz.yahoo.com logoFIRST CONNECTICUT BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statemen
us.rd.yahoo.com - January 27 at 6:51 PM
sg.finance.yahoo.com logoFirst Connecticut posts 4Q profit
us.rd.yahoo.com - January 27 at 6:51 PM
seekingalpha.com logoFirst Connecticut Bancorp's (FBNK) CEO John Patrick on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - January 26 at 11:34 PM
finance.yahoo.com logoEdited Transcript of FBNK earnings conference call or presentation 26-Jan-17 3:30pm GMT
finance.yahoo.com - January 26 at 11:34 PM
biz.yahoo.com logoQ4 2016 First Connecticut Bancorp Inc Earnings Release - After Market Close
us.rd.yahoo.com - January 25 at 6:33 PM
feeds.benzinga.com logoFirst Connecticut Bancorp, Inc. reports fourth quarter 2016 earnings of $0.27 diluted earnings per share
feeds.benzinga.com - January 25 at 4:49 PM
biz.yahoo.com logoFIRST CONNECTICUT BANCORP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - January 6 at 5:40 PM
reuters.com logoBRIEF-First Connecticut Bancorp Inc increases quarterly dividend
www.reuters.com - November 22 at 10:37 PM
finance.yahoo.com logoFirst Connecticut Bancorp downgraded by Piper Jaffray
finance.yahoo.com - November 16 at 5:07 PM
seekingalpha.com logoFirst Connecticut Bancorp's (FBNK) CEO John Patrick on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - October 21 at 5:03 PM
finance.yahoo.com logoEdited Transcript of FBNK earnings conference call or presentation 20-Oct-16 2:30pm GMT
finance.yahoo.com - October 21 at 8:04 AM
reuters.com logoBRIEF-First Connecticut Bancorp reports Q3 EPS $0.25
www.reuters.com - October 20 at 10:28 AM
biz.yahoo.com logoQ3 2016 First Connecticut Bancorp Inc Earnings Release - After Market Close
biz.yahoo.com - October 19 at 9:53 AM
finance.yahoo.com logoEdited Transcript of FBNK earnings conference call or presentation 21-Jul-16 2:30pm GMT
finance.yahoo.com - July 21 at 2:53 PM
seekingalpha.com logoFirst Connecticut Bancorp: A Buyout Candidate?
seekingalpha.com - July 4 at 4:42 PM

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Chart

First Connecticut Bancorp (FBNK) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff