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Friday 6 November 2026 Export FCAP’s income statement to Excel — free account

First Capital, Inc.

FCAP Financial Banks Regional

First Capital, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $65.3 million, up 12.4% from fiscal 2024.

Revenue
+11.0%
EPS
+26.6%
Free cash flow
+2.66%

Quarter to June 2026, against a year earlier

61.80 2.58 −4.01%
Market cap
$207.3M
P/E
11.2×
Fwd P/E
0.0×
Dividend yield
2.02%
F-score
9/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 3.78%

Capital & Financial Ratios $m

Size
Market Cap 207.34
Revenue ttm 68.86
Net income ttm 18.46
Free cash flow ttm 21.71
Net debt Q (151.04)
Valuation
P/E 11.18
Forward P/E 0.00
Price / sales 2.99
Forward P/S Powerpack
Price / FCF 9.50
Price / book 1.45
Financial health
Current ratio Q 0.72
Debt / equity Q 0.00
Interest coverage Q —
Growth
Revenue growth Q +11.02% (above 0%: growing)
Operating income growth Q +29.89% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A −100.00% (below 0%: weak)
EPS, past 5 yrs +10.12%
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 35.13%
10-year low 10-year high
P/S against its own 10 years 38.61%
10-year low 10-year high
P/B against its own 10 years 62.60%
10-year low 10-year high

Dividends

Yield
2.02%
Annual rate
1.25
Payout ratio
22.6%
Growth, 2018–26
+0.27%/yr
  1. 0.92 ’18
  2. 0.95 ’19 +3
  3. 0.96 ’20 +1
  4. 1.04 ’21 +8
  5. 1.04 ’22 +0
  6. 1.08 ’23 +4
  7. 1.12 ’24 +4
  8. 1.20 ’25 +7
  9. 0.94 ’26 −22
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 43 109 139 151
Receivables — — — —
Inventory — — — —
Other — — — —
663 745 799 826
2023 2024 2025 Q'26
Payables 1,025 1,066 1,123 1,137
ST’ Debt — — — —
Other — — — —
1,031 1,073 1,134 1,147

Compound Annual Growth %

10y 5y 3y
Sales 10.60% 11.30% 15.98%
Cash Flow 13.49% 12.03% 8.79%
Earnings 12.15% 10.07% 11.20%
Book Value 6.35% 4.48% 17.38%

EPS $

Mar Jun Sep Dec Year
’26 1.30 1.43 — — —
’25 0.97 1.13 1.34 1.46 4.89
’24 0.88 0.85 0.87 0.97 3.57
’23 1.14 0.82 0.94 0.93 3.82
’22 0.75 0.81 0.93 1.05 3.55
’21 0.88 0.82 0.88 0.84 3.41
’20 0.63 0.73 0.82 0.85 3.02
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 17 18 — — —
’25 15 16 17 17 65
’24 14 14 15 15 58
’23 12 12 13 13 51
’22 9 10 11 12 42
’21 10 10 10 10 39
’20 9 10 10 10 38
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 6 4 — — —
’25 4 4 8 5 21
’24 7 3 8 4 22
’23 5 2 6 1 14
’22 3 4 5 4 17
’21 8 2 6 6 22
’20 5 0 5 3 12
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 6 4 — — —
’25 4 3 8 5 20
’24 7 3 7 4 22
’23 5 2 5 1 14
’22 3 4 5 4 16
’21 8 2 6 6 21
’20 4 0 5 3 11
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 31 33 35 39 38 39 42 51 58 65 69 +8.5% — — — —
Gross margin, % 94.36 95.80 95.40 94.97 95.92 97.11 96.19 82.40 74.74 77.50 79.17 (16.9) pt
EBT 9 11 11 12 12 14 14 15 14 20 23 +8.7%
EBT margin, % 30.07 31.87 30.41 31.62 30.95 35.06 34.00 29.38 24.38 30.48 33.03 +0.4 pt
Net income 7 7 9 10 10 11 12 13 12 16 18 +10.1%
Per share, $
Per share, $ Revenue 9.36 9.96 10.53 11.70 11.45 11.66 12.48 15.31 17.37 19.52 20.64 +8.5%
Earnings 2.05 2.24 2.78 3.10 3.03 3.41 3.55 3.82 3.57 4.89 5.53 +10.1%
Cash flow 2.47 4.04 4.01 4.22 3.61 6.46 4.93 4.23 6.68 6.36 7.12 +11.1%
Capex (0.59) (0.38) (0.12) (0.89) (0.18) (0.07) (0.12) (0.19) (0.21) (0.40) (0.62) (4.0%)
Free cash flow 1.88 3.65 3.89 3.33 3.43 6.40 4.80 4.04 6.47 5.96 6.51 +13.7%
Book value 22.70 24.38 25.83 29.69 33.16 34.05 25.42 31.47 34.28 41.22 42.75 +6.9%
Shares, m 3 3 3 3 3 3 3 3 3 3 3 0.0%
Valuation, ×
Valuation, × P/E 15.96 16.35 15.28 23.62 19.99 11.84 7.06 7.17 9.03 12.08 11.18 13.8
P/S 3.50 3.66 4.03 6.24 5.29 3.47 2.00 1.79 1.86 3.03 2.99 3.5
P/B 1.44 1.50 1.64 2.46 1.83 1.19 0.98 0.87 0.94 1.44 1.45 1.4
EV/Sales 1.73 2.90 2.93 5.01 0.52 (1.07) 0.33 1.38 0.57 1.42 — 1.6
EV/FCF 8.58 7.90 7.92 17.60 1.74 (1.95) 0.86 5.23 1.52 4.66 — 5.4
Cash, $m
Cash, $m Operating cash flow 8 13 13 14 12 22 17 14 22 21 24 +11.1%
Capex (2) (1) 0 (3) (1) 0 0 (1) (1) (1) (2) (4.0%)
Free cash flow 6 12 13 11 11 21 16 14 22 20 22 +13.7%
Balance, $m
Balance, $m Working capital (219) (218) (219) (197) (213) (376) (433) (368) (328) (335) (322) +4.8%
Net debt (61) (25) (49) (58) (182) (177) (70) (21) (109) (139) (151) +9.6%
Shareholders’ equity 76 81 86 99 111 114 85 105 115 138 143 +6.9%
Returns, %
Returns, % ROA 0.94 0.99 1.19 1.27 1.10 1.05 1.03 1.11 1.02 1.33 1.46 +0.4 pt
ROIC 38.66 11.81 17.94 18.74 0.00 0.00 58.17 11.16 145.20 0.00 0.00 (38.7) pt
ROE 9.13 9.48 11.08 11.17 9.66 10.17 11.95 13.42 10.85 12.96 13.88 +3.8 pt
People
People Employees 204 206 210 214 214 221 214 212 212 216 — +0.6%
Revenue/emp, $m 0.15 0.16 0.17 0.18 0.18 0.18 0.20 0.24 0.27 0.30 — +7.8%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

First Capital, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CZWI Citizens Community Bancorp, Inc. $227.4M 18.2× 15.0× −2.75% (below 0%: shrinking) −66.67% (below 0%: shrinking) +1,134.94% (above 0%: growing) 65.38% 0.00% Compare
OVBC Ohio Valley Banc Corp. $227.2M 16.0× 11.0× +11.63% (above 0%: growing) −30.34% (below 0%: shrinking) −91.53% (below 0%: shrinking) 69.70% 0.00% Compare
GBFH GBank Financial Holdings Inc. $224.3M 12.0× 12.8× +22.90% (above 0%: growing) +15.15% (above 0%: growing) +3,151.19% (above 0%: growing) 68.86% 0.00% Compare
OPBK OP Bancorp $220.6M 7.6× 7.4× +5.31% (above 0%: growing) +28.57% (above 0%: growing) +3.10% (above 0%: growing) 58.66% 0.00% Compare
CBFV CB Financial Services, Inc. $207.6M 28.6× 11.7× +11.11% (above 0%: growing) +7.59% (above 0%: growing) +89.91% (above 0%: growing) 70.87% 0.00% Compare
FCAP First Capital, Inc. $207.3M 11.2× — (loss-making) +11.02% (above 0%: growing) +26.55% (above 0%: growing) +2.66% (above 0%: growing) 80.17% 0.00%
RBKB Rhinebeck Bancorp, Inc. $203.3M 18.1× — +2.17% (above 0%: growing) −5.03% (below 0%: shrinking) +145.41% (above 0%: growing) 71.31% 0.00% Compare
MRBK Meridian Bank $195.2M 8.7× 11.8× −3.50% (below 0%: shrinking) −2.00% (below 0%: shrinking) +88.96% (above 0%: growing) 64.49% 0.00% Compare
ECBK ECB Bancorp, Inc. $188.3M 15.3× — +15.35% (above 0%: growing) +127.78% (above 0%: growing) +538.43% (above 0%: growing) 46.07% 0.00% Compare
Median of peers $214.1M 15.7× 11.8× +8.21% +2.79% +117.66% 67.12% 0.00%

All 327 Banks Regional stocks →

Pay and ownership Proxy statement filed 8 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 393.42k 405.69k 251.41
2024 363.87k 364.13k 138.35
2023 375.70k 376.76k 116.39
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Read the proxy statement

First Capital, Inc. (FCAP) Latest News

5 Nov

Impact 4 · · GlobeNewswire

24 Oct

Impact 4 · · Associated Press Finance
Impact 4 · · GlobeNewswire
Impact 3 · · Simply Wall St.

23 Oct

Impact 3 · · Associated Press
Impact 3 · · GlobeNewswire

24 Jul

Impact 3 ·

24 Apr

Impact 3 · · GlobeNewswire

23 Jan

Impact 4 · · Associated Press Finance
Impact 4 · · GlobeNewswire

3 Jan

Impact 4 · · Simply Wall St.

18 Dec

Impact 4 · · Barchart

16 Dec

Impact 3 · · Investor's Business Daily

19 Nov

Impact 3 · · GlobeNewswire

25 Oct

Impact 4 · · Simply Wall St.

4 Oct

Impact 4 · · Simply Wall St.

29 Aug

Impact 3 ·

24 Aug

Impact 3 ·

20 Aug

Impact 3 ·

16 Aug

Impact 3 · · Simply Wall St.

30 Jul

Impact 3 ·

27 Jul

Impact 3 ·

25 Jul

Impact 4 ·
Impact 3 · · GlobeNewswire

22 May

Impact 3 ·

25 Apr

Impact 4 ·

6 Apr

Impact 3 · · Simply Wall St.

31 Mar

Impact 3 · · Simply Wall St.

29 Jan

Impact 3 · · Simply Wall St.

24 Jan

Impact 4 · · Associated Press Finance
stockrow.com/FCAP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com