Insider Activity to Watch: First Connecticut Bancorp, Inc. $FBNK

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First Connecticut Bancorp, Inc. (FBNK) insider have most recently took part in a trading activity. On Jun 14, 2017 Patrick John J Jr., Chairman, President & CEO bought 290 shares having total worth of $7,497 at the price of $25.85 per share, following the transaction a total of 157,735 shares owned by Patrick John J Jr.. Before this latest buy, Patrick John J Jr. purchased FBNK at 2 other times during the past twelve months, for a total investment of $21,995 at an average of $20.28 per share.

Furthermore, over the past 12 months , the stock was traded 12 times by insiders. In 4 of these trades, the insider was a seller while an employee of the company was the buyer in 8 instances.

Shares of First Connecticut Bancorp, Inc. (FBNK) traded down 0.37% on Jun 13, 2017, hitting $27.15. 41,602 shares of the company’s stock traded hands. First Connecticut Bancorp, Inc. has a 52 week low of $15.52 and a 52 week high of $27.25. The company’s market cap is $277 million.

First Connecticut Bancorp, Inc. (FBNK) last announced its earnings results on Apr 18, 2017. The company reported 0.32 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.26 by $0.06. The company had revenue of $22 million for the quarter, compared to the consensus estimate of $22 million. During the same quarter in the previous year, the company posted 0.23 earnings per share. The company’s revenue for the quarter was up 10% on a year-over-year basis.

2017-04-18 2017-01-25 2016-10-19 2016-07-20 2016-04-20 2016-01-27 2015-10-21 2015-07-22 2015-04-23 2015-01-28
earnings per share 0.32 0.27 0.24 0.22 0.23 0.18 0.25 0.19 0.17 0.21
Revenue(M) 22.42 21.66 21.44 20.49 20.41 20.83 20.91 21.17 19.04 18.89

First Connecticut Bancorp, Inc., is a holding company. The company owns common stock of Farmington Bank which provides a full range of banking services to businesses, individuals and governments in Central Connecticut.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.