First Capital (FCAP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

First Capital

NasdaqCM•Financial Services•Banks - Regional

$64.82+0.45(0.01%)Market closed

Market Cap

$200.51M

P/E

10.9x

P/S

2.9x

P/B

1.4x

First Capital, Inc. operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers in Indiana and Kentucky, the United States. The company provides various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans. It also offers residential mortgage loans; construction loans for residential and commercial properties; and commercial real estate and business loans. In addition, the company originates residential mortgage, multi-family residential, commercial real estate and business, and consumer loans. Further, it provides various secured or guaranteed consumer loans, including automobile and truck, home equity, home improvement, boat, and mobile home loans; unsecured consumer loans; and loans secured by savings deposits. Additionally, the company invests in mortgage-backed securities and collateralized mortgage obligations. First Capital, Inc. was founded in 1891 and is based in Corydon, Indiana.

How this company scores

ExcellentMetricSide Score: 81/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (10/25).

Profitability23/25

Growth23/25

Balance Sheet & Red Flags10/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsRising earningsCash-backed earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 10.9x5y range 6.6x – 10492.3x

Currently near its 20-quarter median.

P/S · 2.9x5y range 1.8x – 2558.4x

Currently above its 20-quarter median.

P/B · 1.4x5y range 0.9x – 1243.4x

Price & Volume

Market Cap $200.51M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $68.86M
Q. Revenue: $17.83M
TTM EBITDA: $24.39M
TTM Op. Income: $22.75M
Q. Op. Income: $6.01M
TTM Net Income: $18.45M
Q. Net Income: $4.76M
EPS: $1.43
Shares Out.: $3.34M

$68.86M in TTM revenue grew 12.1% YoY, reaching $17.83M last quarter. TTM EBITDA of $24.39M and TTM operating income of $22.75M show growth is flowing through to the bottom line. TTM net income of $18.45M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 80.2%
EBITDA Margin: 35.4%
Op. Margin: 33.7%
Net Margin: 26.7%

Op. margin of 33.7% is up 4.9% YoY — cost efficiency is improving. Net margin at 26.7% and gross margin of 80.2% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 17% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 10.9x
P/S Ratio: 2.9x
P/B Ratio: 1.4x

At 10.9x P/E, the stock trades below typical market levels. P/S of 2.9x and P/B of 1.4x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 100% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.29B
Cash: $149.81M
Long-Term Debt: N/A
Book Value: $142.51M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $4.25M
TTM Free Cash Flow: $21.71M
FCF Margin: 31.5%
FCF / Net Income: 1.2

TTM FCF of $21.71M on $4.25M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.