First Connecticut Bancorp (FBNK) IPO Trades Slightly Higher

June 30, 2011 4:28 PM EDT
Today's IPO for First Connecticut Bancorp, Inc., (Nasdaq: FBNK) closed at $11.08 after pricing 17.2 million shares at $11.

First Connecticut Bancorp may sell up to 17,192,500 shares in the event of a greater demand for its shares or changes in market or economic conditions without resoliciting subscribers.

The offering is being made through Keefe, Bruyette & Woods, Inc.

First Connecticut Bancorp is the proposed holding company for Farmington Bank.


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