Powered by

First Connecticut Bancorp announces Q1 2018 net income

Apr 19, 2018 - Marketline Newswire

First Connecticut Bancorp, the holding company for Farmington Bank, has reported a 18% increase in net income of $6.0 million or $0.38 diluted earnings per share for the quarter ended March 31, 2018 compared to net income of $5.1 million or $0.32 diluted earnings per share for the quarter ended March 31, 2017.

"I am pleased to report solid earnings for the first quarter. Compared to the first quarter a year ago our return on average assets, return on average equity and efficiency ratio con...