Media stories about First Connecticut Bancorp (NASDAQ:FBNK) have trended somewhat positive on Saturday, Accern Sentiment reports. Accern ranks the sentiment of media 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 closest to one being the most favorable. First Connecticut Bancorp earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news articles about the bank an impact score of 47.1338846726995 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
FBNK has been the topic of a number of recent research reports. BidaskClub upgraded shares of First Connecticut Bancorp from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Zacks Investment Research downgraded shares of First Connecticut Bancorp from a “hold” rating to a “sell” rating in a research report on Monday, October 23rd. ValuEngine downgraded shares of First Connecticut Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $26.00 price target on shares of First Connecticut Bancorp in a research report on Sunday, September 17th.
First Connecticut Bancorp (NASDAQ:FBNK) opened at $25.65 on Friday. 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 $20.50 and a 52-week high of $28.50. The stock has a market cap of $409.19, a PE ratio of 20.80 and a beta of 0.67.
First Connecticut Bancorp (NASDAQ:FBNK) last released its quarterly earnings data on Wednesday, October 18th. The bank reported $0.35 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.35. First Connecticut Bancorp had a net margin of 18.24% and a return on equity of 7.43%. The business had revenue of $24.15 million for the quarter, compared to analysts’ expectations of $25.30 million. research analysts anticipate that First Connecticut Bancorp will post 1.35 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Friday, December 8th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date is Thursday, December 7th. This is a boost from First Connecticut Bancorp’s previous quarterly dividend of $0.14. First Connecticut Bancorp’s dividend payout ratio (DPR) is 47.62%.
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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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