First Capital (NASDAQ:FCAP) Posts Earnings Results

First Capital (NASDAQ:FCAP) posted its quarterly earnings data on Friday. The savings and loans company reported $1.53 EPS for the quarter, Zacks reports. First Capital had a net margin of 26.79% and a return on equity of 13.39%. The business had revenue of $14.80 million for the quarter.

First Capital Stock Down 0.9%

Shares of FCAP traded down $0.59 during mid-day trading on Friday, reaching $63.35. The company’s stock had a trading volume of 26,789 shares, compared to its average volume of 21,742. The business has a fifty day moving average of $62.49 and a 200 day moving average of $60.77. The company has a market cap of $211.59 million, a price-to-earnings ratio of 11.46 and a beta of 0.71. First Capital has a 1 year low of $41.63 and a 1 year high of $71.00.

First Capital Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.0%. This is an increase from First Capital’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Friday, September 11th. First Capital’s payout ratio is 23.15%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded First Capital from a “hold (c)” rating to a “buy (b)” rating in a research report on Friday, August 28th. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat, First Capital presently has an average rating of “Buy”.

First Capital Company Profile

First Capital, Inc is a bank holding company headquartered in Corydon, Indiana. Through its subsidiary, First Harrison Bank, the company provides community banking services to individuals, families, businesses and organizations.

First Harrison Bank offers deposit products, residential and commercial real estate lending, consumer loans, commercial loans and other financing solutions. Its services also include online and mobile banking, cash-management tools and related banking products designed to support personal and business financial needs.

Founded in 1891, First Harrison Bank has a longstanding history of serving communities in southern Indiana.