First Bancorp of Indiana (FBPI) AI Stock Analysis

• Market Cap: $20.02M
• Dividend Yield: 0.96%
• Average Volume (3M): 770.00
• Price to Earnings (P/E): 16.6
• Beta (1Y): -0.01
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 91
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.14
• Shares Outstanding: 1,742,000
• 10 Day Avg. Volume: 767
• 30 Day Avg. Volume: 770
• PEG Ratio: -0.58
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.89
• P/FCF Ratio: 7.25
• Enterprise Value/Market Cap: 4.67
• Enterprise Value/Revenue: 5.09
• Enterprise Value/Gross Profit: 5.09
• Enterprise Value/Ebitda: 198.25
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: $12.00 ▲(4.44% Upside)

The score is driven primarily by mixed financial performance—improving leverage and better cash conversion, but a sharp 2025 revenue decline, margin compression, and weaker ROE. Technical indicators are modestly supportive with price above key moving averages and positive momentum, while valuation appears fair with a modest dividend yield.

Positive Factors

Stable Gross Profit Margin

A stable gross profit margin suggests effective cost management, which can support long-term profitability despite revenue fluctuations.

Equity Stability

Stable equity financing provides a solid capital foundation, enhancing financial resilience and supporting future growth initiatives.

Positive Operating Cash Flow

Positive operating cash flow indicates the company's ability to generate cash from its core operations, supporting ongoing business activities and investments.

Negative Factors

Declining Revenue

Declining revenue can hinder growth prospects and reduce the company's ability to invest in new opportunities, impacting long-term competitiveness.

High Leverage

High leverage increases financial risk, potentially limiting flexibility and increasing vulnerability to economic downturns or interest rate hikes.

Cash Flow Inefficiencies

Inefficient cash conversion can strain liquidity, affecting the company's ability to fund operations and invest in growth, posing long-term challenges.

First Bancorp of Indiana Business Overview & Revenue Model

Company Description

First Bancorp of Indiana, Inc. operates as the bank holding company for First Federal Savings Bank that provides various banking products and services to individuals and business customers. The company accepts various deposits; and offers loans that include commercial one-to-four family mortgage, commercial and multi-family mortgage, secured commercial business, unsecured commercial business, residential one-to-four family mortgage, residential second mortgage, and consumer loans, as well as home equity lines of credit. It is also involved in the management of investment securities portfolios; and provides safe deposit box, check cashing and cashier's check, wire transfer, and brokerage services. The company operates 9 full-service offices in Southwestern Indiana; and 1 loan production office in Henderson, Kentucky. First Bancorp of Indiana, Inc. was founded in 1904 and is based in Evansville, Indiana.

How the Company Makes Money

First Bancorp of Indiana makes money primarily through the interest income generated from its loan products, including residential and commercial mortgages, personal loans, and lines of credit. Additionally, the company earns revenue from fees associated with banking services such as account maintenance, overdraft fees, and transaction charges. The bank also benefits from investment income through its securities portfolio. A significant portion of its earnings is driven by the net interest margin, which is the difference between the interest earned on loans and the interest paid on deposits. Partnerships with local businesses and community engagement further support its revenue streams by fostering a loyal customer base.

First Bancorp of Indiana Financial Statement Overview

Summary

First Bancorp of Indiana faces challenges with declining revenue and profitability, alongside high leverage and cash flow inefficiencies. While the company maintains some strengths in cost control and equity stability, improvements in operational efficiency and cash flow management are essential for future financial health and growth.

Income Statement

First Bancorp of Indiana has experienced fluctuating revenue trends with a significant decline in the most recent period. The gross profit margin remains stable, which is a positive indicator of cost control. However, the net profit margin has decreased, highlighting potential inefficiencies affecting profitability. The EBIT and EBITDA margins are relatively low, suggesting limited operational efficiency and potential room for improvement.

Balance Sheet

The company's balance sheet shows a high debt-to-equity ratio, indicating significant leverage, which could pose financial risks. The return on equity has also decreased, reflecting challenges in generating returns for shareholders. However, the equity ratio is relatively stable, suggesting a consistent proportion of equity financing, which provides some degree of capital stability.

Cash Flow

The cash flow statement reveals a concerning decline in free cash flow, though the operating cash flow remains positive. The free cash flow to net income ratio suggests that the company is not effectively converting net income into cash. The operating cash flow to net income ratio is also low, indicating potential challenges in cash generation relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	18.38M	18.38M	18.48M	27.46M	20.18M	23.27M
Gross Profit	18.38M	18.38M	18.48M	19.73M	17.65M	20.05M
EBITDA	471.52K	714.52K	2.24M	3.95M	3.70M	5.30M
Net Income	1.17M	1.17M	1.53M	2.85M	2.44M	3.79M
Balance Sheet
Total Assets	605.75M	605.75M	635.32M	631.34M	518.48M	480.87M
Cash, Cash Equivalents and Short-Term Investments	0.00	0.00	8.57M	13.37M	14.69M	9.01M
Total Debt	76.95M	76.95M	129.89M	129.83M	90.77M	65.16M
Total Liabilities	572.42M	572.42M	603.78M	599.33M	485.89M	439.32M
Stockholders Equity	33.34M	33.34M	31.54M	32.01M	32.59M	41.55M
Cash Flow
Free Cash Flow	0.00	2.25M	669.73K	64.85K	3.32M	4.05M
Operating Cash Flow	0.00	2.73M	1.58M	1.66M	5.74M	4.56M
Investing Cash Flow	0.00	34.86M	-7.32M	-106.86M	-88.01M	17.44M
Financing Cash Flow	0.00	-32.58M	2.36M	110.02M	45.56M	2.84M

First Bancorp of Indiana Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FBPI, the sentiment is Positive. The current price of 11.49 is above the 20-day moving average (MA) of 11.46, above the 50-day MA of 11.33, and above the 200-day MA of 10.45, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 83.37 is Negative, neither overbought nor oversold. The STOCH value of 70.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FBPI.

First Bancorp of Indiana Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
FBPI	59 Neutral	$20.02M	16.65	4.85%	0.96%	―	―
KFFB	52 Neutral	$35.82M	66.24	1.11%	―	15.56%	―
GLBZ	44 Neutral	$13.08M	510.00	0.09%	―	5.76%	-72.73%
SHFS	44 Neutral	$3.54M	-0.06	-229.75%	―	-42.15%	-1001.66%