First Capital, Inc. (FCAP) AI Stock Analysis

First Capital, Inc. operates as the bank holding company for First Harrison Bank, providing an array of banking services to retail and business customers. Founded in 1891 and headquartered in Corydon, Indiana, the bank offers deposit products including non-interest bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings, certificates of deposit, and retirement savings plans. Its lending services encompass fixed-rate and adjustable rate residential mortgages, residential and commercial construction loans, commercial real estate loans, and commercial business loans. The company also originates mortgages for sale in the secondary market, sells non-deposit investment products, and extends secured and unsecured consumer loans.

Annual revenue grew from $39.0M in FY2021 to $41.9M in FY2022, $51.2M in FY2023, $58.1M in FY2024, and $65.3M in FY2025, marking an 11.3% revenue CAGR from FY2020 to FY2025. Over the same timeframe, net income rose from $11.4M in FY2021 to $16.4M in FY2025, with EPS increasing from $3.42 to $4.89. Operating margin moved from 35.1% in FY2021 down to 24.4% in FY2024 before increasing to 30.5% in FY2025. For the trailing twelve months, revenue was $53.2M with a net profit margin of 34.6%. In the latest quarter ended June 30, 2026, quarterly revenue grew 14.4% year-over-year, while quarterly earnings increased 26.5%.

As of June 30, 2026, First Capital reported $563.7M in cash and short-term investments, $142.5M in shareholders' equity, and total assets of $1.29B, with a current ratio of 0.50. During FY2025, operating cash flow stood at $21.3M and free cash flow reached $19.9M. In FY2025, the company deployed capital toward $1.4M in capital expenditures, $4.0M in dividends paid, and $578,000 in share buybacks. The 5-year share count change was -0.3%.

First Capital has a market capitalization of $204.6M and trades at a trailing P/E of 11.1x and a forward P/E of 9.6x. In comparison, the median of its US-listed Financial Services peers trades at a trailing P/E of 12.1x and a forward P/E of 10.8x. The company has a price-to-sales multiple of 3.8x versus the peer median of 3.2x, and a price-to-book ratio of 1.4x. Over the 1-year period, the stock returned 60.7% compared to 16.8% for the S&P 500, while its 5-year return of 74.9% trailed the S&P 500 return of 83.0%.

First Capital pays an annual forward dividend of $1.28 per share, which corresponds to a dividend yield of 2.09% as of October 16, 2026. The dividend is distributed on a quarterly frequency and is supported by a payout ratio of 22.6%. The company has paid consecutive dividends for 28 years and maintains a 5-year annualized dividend growth rate of 4.6%. The last ex-dividend date was September 11, 2026.

First Capital has its next earnings date scheduled for October 23, 2026. As of October 16, 2026, the stock closed at $61.16, trading 6.8% above its 200-day average and within a 52-week range of $37.82 to $71.00. The stock has a beta of 0.73. Wall Street rating counts, target prices, and consensus earnings estimates are not reported in the available financial data.

This page is an AI-written research summary of First Capital, Inc. (FCAP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: FCAP income statement, FCAP balance sheet, FCAP key metrics, FCAP chart. See the FCAP stock overview for the latest quote and news.