| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Connecticut Bancshares, Inc. |
| 923 Main Street, Manchester, CT 06040 * (860) 646-1700 |
| Business Description | The company is an S&L; holding company for The Savings Bank of Manchester. |
| Offering Information Company has | |||
| Trading As | SBMC (NASNTL) | Industry | Savings Bank (SIC 6036) |
| Type of Stock Offered | Common Shares | Filing Date | 11/12/99 |
| Domestic Shares Offered | 10,400,000 | Offer Date | 3/1/00 |
| Foreign Shares Offered | 0 | Filing Price | $10.00 |
| Company Shares | 10,400,000 | Offer Price | $10.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | - - |
| Gross Proceeds | $104,000,000 | Selling | - - |
| Expenses | - - | Reallowance | - - |
| Post-IPO Shares | - - | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Sandler O'Neill & Partners. L.P. | Lead Manager | (212) 466-7737 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 8 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/96 | 12/31/97 | 12/31/98 | 8/31/98 | 8/31/99 | ||
| Revenues | - | - | - | - | - | - | - |
| Income from Oper. | - | - | - | - | - | - | - |
| Net Income | - | - | 9.431 | 10.202 | 9.318 | 6.855 | 6.663 |
| E.P.S | - | - | - | - | - | - | - |
| Revenue Growth (%) | - | - | - | - | - | ||
| Net Income Growth (%) | - | - | 8.18 | -8.66 | -2.80 | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | 9.37 | 4.07 | 7.02 | ||||
| Cash Flow - Inv. | -41.90 | -21.65 | -79.08 | ||||
| Cash Flow - Fin. | 62.92 | 33.92 | 69.84 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 8/31/99 | Financial Ratios | ||||
| Total Assets | 1.18 | Current Assets | - | Current Ratio | - |
| Total Liab. | 1.06 | Current Liab. | - | Debt Ratio | 90.01% |
| Total Equity | 0.12 | Working Cap. | - | Debt to Equity Ratio | 9.01 |
| Cash | 0.04 | Return on Assets | 563.86% | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Muldoon, Murphy & Faucette |
| Bank's Law Firm | Shipman Goodwin LLP |
| Auditor | Arthur Andersen |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |