First Connecticut Bancorp (FBNK) Tops Q1 EPS by 1c

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Go back to First Connecticut Bancorp (FBNK) Tops Q1 EPS by 1c

First Connecticut Bancorp, Inc. Reports First Quarter 2015 Earnings of $0.17 Earnings Per Share

April 23, 2015 8:07 AM EDT

FARMINGTON, Conn., April 23, 2015 (GLOBE NEWSWIRE) -- First Connecticut Bancorp, Inc. (the "Company") (Nasdaq: FBNK), the holding company for Farmington Bank (the "Bank"), reported net income of $2.5 million, or $0.17 diluted earnings per share for the quarter ended March 31, 2015 compared to net income of $1.5 million, or $0.10 diluted earnings per share for the quarter ended March 31, 2014.

"Our first quarter results reflect solid year over year revenue growth. We remain focused on the fundamentals of growing our balance sheet organically; ensuring we remain well positioned for rising interest rates. Loan and deposit growth continue to be... More