News articles about First Connecticut Bancorp (NASDAQ:FBNK) have trended somewhat negative on Sunday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Connecticut Bancorp earned a daily sentiment score of -0.04 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 48.5150944443462 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
FBNK has been the subject of several recent analyst reports. Zacks Investment Research raised shares of First Connecticut Bancorp from a “hold” rating to a “buy” rating and set a $29.00 target price for the company in a research note on Friday, July 21st. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $26.00 target price on shares of First Connecticut Bancorp in a research note on Sunday, September 17th. ValuEngine raised shares of First Connecticut Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, BidaskClub raised shares of First Connecticut Bancorp from a “strong sell” rating to a “sell” rating in a research note on Friday, August 25th.
Shares of First Connecticut Bancorp (FBNK) traded down $0.05 during mid-day trading on Friday, hitting $25.30. 16,400 shares of the stock traded hands, compared to its average volume of 27,819. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.12 and a quick ratio of 1.12. First Connecticut Bancorp has a 52 week low of $18.87 and a 52 week high of $28.50. The company has a market capitalization of $403.61, a P/E ratio of 20.24 and a beta of 0.68.
First Connecticut Bancorp (NASDAQ:FBNK) last issued its quarterly earnings data on Wednesday, October 18th. The bank reported $0.35 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. First Connecticut Bancorp had a net margin of 18.24% and a return on equity of 7.43%. The company had revenue of $24.15 million during the quarter, compared to the consensus estimate of $25.30 million. sell-side analysts predict that First Connecticut Bancorp will post 1.35 earnings per share for the current fiscal year.
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About First Connecticut Bancorp
First 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.
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