First Capital (FCAP) AI Stock Analysis

• Market Cap: $165.37M
• Dividend Yield: 2.62%
• Average Volume (3M): 3.32K
• Price to Earnings (P/E): 11.2
• Beta (1Y): 0.12
• Revenue Growth: 11.36%
• EPS Growth: 25.07%
• Country: US
• Employees: 173
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.34
• Shares Outstanding: 3,347,627
• 10 Day Avg. Volume: 2,805
• 30 Day Avg. Volume: 3,318
• PEG Ratio: -1.38
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 1.86
• P/FCF Ratio: 4.99
• Enterprise Value/Market Cap: 0.80
• Enterprise Value/Revenue: 2.87
• Enterprise Value/Gross Profit: 3.89
• Enterprise Value/Ebitda: 9.36
• 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: 72 Outperform
• Price Target: $47.00 ▼(-4.28% Downside)

First Capital's strong valuation and solid financial position are offset by concerns over declining profitability and cash flow issues. Technical indicators suggest a lack of strong momentum, contributing to a moderate overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term financial stability and expansion.

Balance Sheet Health

A debt-free balance sheet enhances financial flexibility, allowing the company to invest in growth opportunities and weather economic downturns.

Gross Profit Margin

A robust gross profit margin reflects efficient cost management and pricing power, which are crucial for sustaining profitability in competitive markets.

Negative Factors

Cash Flow Issues

Lack of cash flow generation raises concerns about liquidity and the ability to fund operations and growth without external financing.

Declining Profitability

A decline in net profit margin suggests rising costs or pricing pressures, which could impact future earnings and shareholder value.

Return on Equity Decline

A declining return on equity indicates reduced efficiency in generating profits from shareholders' investments, potentially affecting investor confidence.

First Capital Business Overview & Revenue Model

Company Description

First Capital (FCAP) is a financial services company that operates primarily in the banking and investment sectors. It offers a range of products and services, including commercial banking, asset management, and lending solutions, targeting both individual and corporate clients. FCAP focuses on delivering innovative financial solutions and building long-term relationships with its customers to facilitate their financial growth and success.

How the Company Makes Money

First Capital generates revenue through several key streams: interest income from loans and credit facilities provided to customers, fees from account maintenance and transaction services, and commissions on investment products and asset management services. Additionally, the company may engage in strategic partnerships with financial institutions, which can enhance its product offerings and drive customer acquisition. The performance of its investment portfolio also contributes to earnings, as capital gains and dividends from securities held can significantly impact overall profitability.

First Capital Financial Statement Overview

Summary

First Capital shows consistent revenue growth and a strong balance sheet with no debt. However, the decline in net profit margin and return on equity, along with the absence of cash flow generation in the latest period, raises concerns about profitability and cash management.

Income Statement

First Capital has shown consistent revenue growth over the years with a steady increase in total revenue from 2019 to 2024. The gross profit margin remains strong at 100% due to the nature of the banking industry. However, net profit margin slightly decreased from 30.6% in 2023 to 28.4% in 2024, indicating a slight dip in profitability. The absence of EBIT and EBITDA in the latest period limits the analysis of operational efficiency.

Balance Sheet

The company maintains a strong balance sheet with no total debt in 2024, contributing to a favorable debt-to-equity ratio of 0. The equity ratio improved to 9.7% in 2024, reflecting good financial health. However, the return on equity decreased from 12.1% in 2023 to 10.4% in 2024, indicating a slight decline in profitability from shareholders' equity.

Cash Flow

The cash flow statement shows challenges, as the company reported no operating cash flow or free cash flow in 2024, indicating potential issues in cash generation. Previously, free cash flow was positive, highlighting a stark shift in cash flow management. The lack of cash flow data in the latest period constrains a comprehensive analysis.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	46.36M	58.13M	51.24M	41.87M	39.01M	38.23M
Gross Profit	34.21M	42.00M	41.08M	39.32M	38.21M	34.87M
EBITDA	14.21M	15.27M	16.08M	15.30M	14.82M	13.04M
Net Income	10.27M	11.94M	12.79M	11.90M	11.42M	10.13M
Balance Sheet
Total Assets	1.24B	1.19B	1.16B	1.15B	1.16B	1.02B
Cash, Cash Equivalents and Short-Term Investments	553.09M	91.68M	464.37M	493.55M	479.61M	325.05M
Total Debt	0.00	0.00	21.50M	0.00	0.00	0.00
Total Liabilities	1.10B	1.07B	1.05B	1.07B	1.04B	906.80M
Stockholders Equity	346.18M	114.60M	105.23M	85.16M	113.83M	110.64M
Cash Flow
Free Cash Flow	19.79M	21.63M	13.54M	16.12M	21.34M	11.46M
Operating Cash Flow	20.12M	22.34M	14.16M	16.53M	21.63M	12.06M
Investing Cash Flow	-24.68M	29.01M	-23.95M	-144.03M	-156.46M	-62.41M
Financing Cash Flow	26.81M	15.90M	-17.84M	21.29M	131.45M	174.88M

First Capital Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 49.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FCAP, the sentiment is Positive. The current price of 49.1 is above the 20-day moving average (MA) of 46.19, above the 50-day MA of 44.58, and above the 200-day MA of 41.96, indicating a bullish trend. The MACD of 1.65 indicates Negative momentum. The RSI at 64.88 is Neutral, neither overbought nor oversold. The STOCH value of 91.30 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FCAP.

First Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FCAP	72 Outperform	$165.37M	11.22	11.84%	2.62%	11.36%	25.07%
BVFL	72 Outperform	$164.28M	16.96	5.32%	―	4.86%	-8.20%
LARK	71 Outperform	$147.82M	8.58	11.72%	3.01%	12.31%	39.46%
CZWI	69 Neutral	$166.15M	13.36	7.00%	2.08%	-2.16%	-9.35%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CFBK	67 Neutral	$162.75M	9.40	9.18%	1.26%	2.33%	22.43%
MNSB	44 Neutral	$143.79M	-20.63	-2.07%	1.99%	1.92%	-174.59%

First Capital Corporate Events

First Capital Announces New Stock Repurchase Plan

On August 29, 2025, First Capital, Inc. announced a new Joint Rule 10b5-1/Rule 10b-18 Plan Agreement to repurchase up to 113,236 shares of its common stock starting September 4, 2025, until August 28, 2026. This plan, aligned with the company’s long-term capital allocation strategy, aims to provide flexibility in responding to market conditions while enhancing shareholder value, reflecting the board’s confidence in the company’s strategic direction and long-term value creation.