First Capital (NASDAQ:FCAP) Posts Quarterly Earnings Results

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

First Capital Stock Down 0.9%

First Capital stock traded down $0.59 during trading on Friday, reaching $63.35. The stock had a trading volume of 26,789 shares, compared to its average volume of 10,890. First Capital has a 52-week low of $41.63 and a 52-week high of $71.00. The stock has a market cap of $211.59 million, a PE ratio of 11.46 and a beta of 0.71. The business has a 50 day moving average price of $62.52 and a 200 day moving average price of $60.75.

First Capital Increases Dividend

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

Analyst Upgrades and Downgrades

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

First Capital Company Profile

First Capital, Inc (NASDAQ: FCAP) is a bank holding company headquartered in Corydon, Indiana. Through its principal subsidiary, First Harrison Bank, the company provides community banking services to individuals, families, businesses and organizations in southern Indiana and surrounding markets.

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

First Harrison Bank has a history of serving its local communities and operates through a network of banking offices in southern Indiana.