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First Connecticut Bancorp (First Connecticut Bancorp) Return-on-Tangible-Equity : 9.64% (As of Jun. 2018)


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What is First Connecticut Bancorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. First Connecticut Bancorp's annualized net income for the quarter that ended in Jun. 2018 was $26.92 Mil. First Connecticut Bancorp's average shareholder tangible equity for the quarter that ended in Jun. 2018 was $279.36 Mil. Therefore, First Connecticut Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2018 was 9.64%.

The historical rank and industry rank for First Connecticut Bancorp's Return-on-Tangible-Equity or its related term are showing as below:

FBNK's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.78
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

First Connecticut Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for First Connecticut Bancorp's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Connecticut Bancorp Return-on-Tangible-Equity Chart

First Connecticut Bancorp Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 4.00 5.24 6.02 6.08

First Connecticut Bancorp Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.50 8.26 0.73 8.75 9.64

Competitive Comparison of First Connecticut Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, First Connecticut Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Connecticut Bancorp's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Connecticut Bancorp's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where First Connecticut Bancorp's Return-on-Tangible-Equity falls into.



First Connecticut Bancorp Return-on-Tangible-Equity Calculation

First Connecticut Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=16.189/( (260.176+272.459 )/ 2 )
=16.189/266.3175
=6.08 %

First Connecticut Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=26.92/( (276.861+281.864)/ 2 )
=26.92/279.3625
=9.64 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


First Connecticut Bancorp  (NAS:FBNK) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


First Connecticut Bancorp Return-on-Tangible-Equity Related Terms

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First Connecticut Bancorp (First Connecticut Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
First Connecticut Bancorp Inc is a bank holding company based in the United States. The company operates through its subsidiary Farmington Bank, which is a community bank offering commercial and residential lending as well as wealth management services. Its lending services cater to residential real estate, commercial real estate, construction, installment, commercial, collateral, home equity lines of credit, demand, revolving credit and resort segments. The Bank's wealth management activities consist of United States government and agency securities, including debt and mortgage-backed securities, securities issued and guaranteed by Government Sponsored Enterprises (GSE's), municipal and other bonds, mutual funds, and equity securities.
Executives
Gregory A White officer: EVP, CFO, Treasurer 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Ronald A Bucchi director C/O FIRST CONNECTICUT BANCORP, INC., ONE FARM GLEN BOULEVARD, FARMINGTON CT 06032

First Connecticut Bancorp (First Connecticut Bancorp) Headlines

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