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: $24.10
  • 50 Day Moving Average: $22.76
  • 200 Day Moving Average: $20.03
  • 52-Week Range: $15.48 - $25.00
  • Trailing P/E Ratio: 24.10
  • Foreward P/E Ratio: 17.21
  • P/E Growth: 2.06
  • Market Cap: $360.85M
  • Outstanding Shares: 14,973,000
  • Beta: 0.58
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%
Additional Links:
Companies Related to First Connecticut Bancorp:

Analyst Ratings

Consensus Ratings for First Connecticut Bancorp (NASDAQ:FBNK) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $22.75 (5.60% downside)

Analysts' Ratings History for First Connecticut Bancorp (NASDAQ:FBNK)
Show:
DateFirmActionRatingPrice TargetDetails
1/31/2017Piper Jaffray CompaniesUpgradeNeutral -> Overweight$25.50View Rating Details
5/4/2016FIG PartnersReiterated RatingMarket-PerformView Rating Details
4/21/2016Compass PointReiterated RatingBuy$19.00 -> $20.00View Rating Details
1/29/2016Keefe, Bruyette & WoodsLower Price Target$17.50 -> $17.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for First Connecticut Bancorp (NASDAQ:FBNK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/18/2017        
1/25/2017Q215$0.25$0.27$21.53 millionViewN/AView Earnings Details
10/19/2016Q3$0.24$0.25ViewN/AView Earnings Details
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)

Estimates

Earnings Estimates for First Connecticut Bancorp (NASDAQ:FBNK)
Current Year EPS Consensus Estimate: $1.17 EPS
Next Year EPS Consensus Estimate: $1.40 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$0.27$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)
Annual Dividend:$0.36
Dividend Yield:1.49%
Payout Ratio:36.00% (Based on Trailing 12 Months of Earnings)
30.77% (Based on Current Year Consensus EPS Estimate)
25.71% (Based on Next Year Consensus EPS Estimate)

Dividend History for First Connecticut Bancorp (NASDAQ:FBNK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for First Connecticut Bancorp (NASDAQ:FBNK)
Insider Ownership Percentage: 9.10%
Institutional Ownership Percentage: 46.52%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for First Connecticut Bancorp (NASDAQ:FBNK)
DateHeadline
capitalcube.com logoETFs with exposure to First Connecticut Bancorp, Inc. : February 2, 2017 (NASDAQ:FBNK)
www.capitalcube.com - February 2 at 5:42 PM
capitalcube.com logoFirst Connecticut Bancorp, Inc. :FBNK-US: Earnings Analysis: Q4, 2016 By the Numbers : February 1, 2017 (NASDAQ:FBNK)
www.capitalcube.com - February 1 at 5:47 PM
us.rd.yahoo.com logoFirst Connecticut Bancorp upgraded by Piper Jaffray (NASDAQ:FBNK)
us.rd.yahoo.com - January 31 at 5:49 PM
capitalcube.com logoFirst Connecticut Bancorp, Inc. :FBNK-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 (NASDAQ:FBNK)
www.capitalcube.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 (NASDAQ:FBNK)
us.rd.yahoo.com - January 27 at 6:51 PM
sg.finance.yahoo.com logoFirst Connecticut posts 4Q profit (NASDAQ:FBNK)
us.rd.yahoo.com - January 27 at 6:51 PM
capitalcube.com logoFirst Connecticut Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : FBNK-US : January 27, 2017 (NASDAQ:FBNK)
www.capitalcube.com - January 27 at 6:51 PM
seekingalpha.com logoFirst Connecticut Bancorp's (FBNK) CEO John Patrick on Q4 2016 Results - Earnings Call Transcript (NASDAQ:FBNK)
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 (NASDAQ:FBNK)
finance.yahoo.com - January 26 at 11:34 PM
capitalcube.com logoFirst Connecticut Bancorp, Inc. : FBNK-US: Dividend Analysis : December 02nd, 2016 (record date) : By the numbers : January 26, 2017 (NASDAQ:FBNK)
www.capitalcube.com - January 26 at 6:33 PM
News IconFarmington Bank's 4Q net soars (NASDAQ:FBNK)
www.hartfordbusiness.com - January 26 at 4:35 AM
News IconWest Hartford student wins Farmington Bank video contest (NASDAQ:FBNK)
www.westhartfordnews.com - January 26 at 4:35 AM
biz.yahoo.com logoQ4 2016 First Connecticut Bancorp Inc Earnings Release - After Market Close (NASDAQ:FBNK)
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 (NASDAQ:FBNK)
feeds.benzinga.com - January 25 at 4:49 PM
capitalcube.com logoETFs with exposure to First Connecticut Bancorp, Inc. : January 17, 2017 (NASDAQ:FBNK)
www.capitalcube.com - January 17 at 5:52 PM
capitalcube.com logoFirst Connecticut Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : FBNK-US : January 13, 2017 (NASDAQ:FBNK)
www.capitalcube.com - January 13 at 5:52 PM
marketexclusive.com logoFirst Connecticut Bancorp, Inc. (NASDAQ:FBNK) Files An 8-K Other Events (NASDAQ:FBNK)
marketexclusive.com - January 9 at 5:57 PM
biz.yahoo.com logoFIRST CONNECTICUT BANCORP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:FBNK)
biz.yahoo.com - January 6 at 5:40 PM
News IconHedge Funds Are Dumping First Connecticut Bancorp Inc (FBNK) (NASDAQ:FBNK)
feedproxy.google.com - December 16 at 1:01 PM
reuters.com logoFactbox - Trump fills top jobs for his administration (NASDAQ:FBNK)
in.reuters.com - December 8 at 5:45 PM
News IconDirector of First Connecticut Bancorp (NASDAQ:FBNK), Ziebka Michael A, sells 5,311 shares worth $116,631 (NASDAQ:FBNK)
empowerednews.net - December 7 at 8:42 PM
News IconDirector of First Connecticut Bancorp (NASDAQ:FBNK), Ziebka Michael A, sells 2,587 shares worth $56,529 (NASDAQ:FBNK)
empowerednews.net - December 2 at 8:34 PM
insidermonkey.com logoAre Hedge Funds Holding A Winner in Carbonite Inc (CARB)? (NASDAQ:FBNK)
www.insidermonkey.com - November 30 at 5:15 PM
reuters.com logoBRIEF-First Connecticut Bancorp Inc increases quarterly dividend (NASDAQ:FBNK)
www.reuters.com - November 22 at 10:37 PM
4-traders.com logoFirst Connecticut Bancorp : Strs Ohio Cuts its Investment of Stake in First Connecticut Bancorp Inc. (NASDAQ:FBNK)
www.4-traders.com - November 20 at 9:06 AM
finance.yahoo.com logoFirst Connecticut Bancorp downgraded by Piper Jaffray (NASDAQ:FBNK)
finance.yahoo.com - November 16 at 5:07 PM
News IconFirst Connecticut Bancorp Inc. (FBNK) Chairman Buys $19201.00 in Stock (NASDAQ:FBNK)
magseriesusa.net - November 2 at 5:06 PM
capitalcube.com logoETF’s with exposure to First Connecticut Bancorp, Inc. : October 31, 2016 (NASDAQ:FBNK)
www.capitalcube.com - October 31 at 5:01 PM
capitalcube.com logoFirst Connecticut Bancorp, Inc. :FBNK-US: Earnings Analysis: Q3, 2016 By the Numbers : October 25, 2016 (NASDAQ:FBNK)
www.capitalcube.com - October 25 at 5:00 PM
4-traders.com logoFirst Connecticut Bancorp : posts 3Q profit (NASDAQ:FBNK)
www.4-traders.com - October 21 at 5:03 PM
seekingalpha.com logoFirst Connecticut Bancorp's (FBNK) CEO John Patrick on Q3 2016 Results - Earnings Call Transcript (NASDAQ:FBNK)
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 (NASDAQ:FBNK)
finance.yahoo.com - October 21 at 8:04 AM
reuters.com logoBRIEF-First Connecticut Bancorp reports Q3 EPS $0.25 (NASDAQ:FBNK)
www.reuters.com - October 20 at 10:28 AM
biz.yahoo.com logoQ3 2016 First Connecticut Bancorp Inc Earnings Release - After Market Close (NASDAQ:FBNK)
biz.yahoo.com - October 19 at 9:53 AM
News IconUS Bancorp (USB) Set to Announce Quarterly Earnings on Wednesday (NASDAQ:FBNK)
larampadinapoli.com - October 17 at 4:56 PM
publicnow.com logoFirst Connecticut Bancorp, Inc. Announces Third Quarter (Q3 2016) Earnings Release and Conference Call (NASDAQ:FBNK)
www.publicnow.com - September 29 at 4:53 PM
publicnow.com logoFirst Connecticut Bancorp, Inc. Increases Quarterly Dividend (NASDAQ:FBNK)
www.publicnow.com - September 6 at 9:47 AM
4-traders.com logoFIRST CONNECTICUT BANCORP INC : ex-dividend day (NASDAQ:FBNK)
www.4-traders.com - September 1 at 6:12 AM
capitalcube.com logoFirst Connecticut Bancorp, Inc. :FBNK-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:FBNK)
www.capitalcube.com - July 26 at 10:12 AM
News IconFarmington Bank parent's 2Q net flat (NASDAQ:FBNK)
www.hartfordbusiness.com - July 23 at 9:01 AM
finance.yahoo.com logoEdited Transcript of FBNK earnings conference call or presentation 21-Jul-16 2:30pm GMT (NASDAQ:FBNK)
finance.yahoo.com - July 21 at 2:53 PM
4-traders.com logoFirst Connecticut Bancorp : posts 2Q profit (NASDAQ:FBNK)
www.4-traders.com - July 20 at 6:17 PM
sg.finance.yahoo.com logoFirst Connecticut posts 2Q profit (NASDAQ:FBNK)
sg.finance.yahoo.com - July 20 at 5:28 PM
capitalcube.com logoETF’s with exposure to First Connecticut Bancorp, Inc. : July 7, 2016 (NASDAQ:FBNK)
www.capitalcube.com - July 7 at 2:54 PM
seekingalpha.com logoFirst Connecticut Bancorp: A Buyout Candidate? (NASDAQ:FBNK)
seekingalpha.com - July 4 at 4:42 PM
capitalcube.com logoFirst Connecticut Bancorp, Inc. :FBNK-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:FBNK)
www.capitalcube.com - June 28 at 12:20 PM
News IconFarmington Bank Opens Vernon, CT Branch on June 16 (NASDAQ:FBNK)
patch.com - June 16 at 4:58 PM
capitalcube.com logoFirst Connecticut Bancorp, Inc. :FBNK-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:FBNK)
www.capitalcube.com - April 25 at 10:26 AM
finance.yahoo.com logoEdited Transcript of FBNK earnings conference call or presentation 21-Apr-16 2:30pm GMT (NASDAQ:FBNK)
finance.yahoo.com - April 21 at 12:51 PM
publicnow.com logoFirst Connecticut Bancorp, Inc. reports first quarter 2016 earnings of $0.24 earnings per share (NASDAQ:FBNK)
www.publicnow.com - April 20 at 5:32 PM

Social

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 announced a quarterly dividend on Tuesday, November 22nd. Investors of record on Friday, December 2nd will be paid a dividend of $0.09 per share on Monday, December 12th. This represents a $0.36 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Wednesday, November 30th. This is an increase from First Connecticut Bancorp's previous quarterly dividend of $0.06.

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

2 brokers have issued 12-month target prices for First Connecticut Bancorp's shares. Their forecasts range from $20.00 to $25.50. On average, they anticipate First Connecticut Bancorp's share price to reach $22.75 in the next twelve months.

When will First Connecticut Bancorp announce their earnings?

First Connecticut Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April, 18th 2017.

Who owns First Connecticut Bancorp stock?

First Connecticut Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (2.27%), State Street Corp (1.87%), Renaissance Technologies LLC (1.66%), FMR LLC (1.36%), FJ Capital Management LLC (1.31%) and Putnam Investments LLC (1.07%). Company insiders that own First Connecticut Bancorp stock include Catherine M Burns, 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.

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 Essex Financial Services Inc.. Company insiders that have sold First Connecticut Bancorp stock in the last year include Michael A Ziebka and Ronald A Bucchi.

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

First Connecticut Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, FJ Capital Management LLC, Renaissance Technologies LLC, Hall Capital Management Co. Inc., Dimensional Fund Advisors LP, State Street Corp, Russell Investments Group Ltd. and Putnam Investments LLC. Company insiders that have bought First Connecticut Bancorp stock in the last two years include Catherine M Burns, James T Healey Jr, John A Green, John J Carson, John J Jr Patrick, Kenneth F Burns and Patience Peirce Mcdowell.

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 $24.10.

First Connecticut Bancorp (NASDAQ:FBNK) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for First Connecticut Bancorp (NASDAQ:FBNK)

Earnings History Chart

Earnings by Quarter for First Connecticut Bancorp (NASDAQ:FBNK)

Dividend History Chart

Dividend Payments by Quarter for First Connecticut Bancorp (NASDAQ:FBNK)

Last Updated on 2/24/2017 by MarketBeat.com Staff