First Capital (NASDAQ:FCAP) Releases Quarterly Earnings Results

First Capital (NASDAQ:FCAP) released its quarterly earnings data on Friday. The savings and loans company reported $1.53 earnings per share 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 Performance

Shares of NASDAQ FCAP traded down $0.59 during mid-day trading on Friday, hitting $63.35. 26,789 shares of the stock were exchanged, compared to its average volume of 10,890. The company has a market cap of $211.59 million, a P/E ratio of 11.46 and a beta of 0.71. The stock’s fifty day simple moving average is $62.52 and its two-hundred day simple moving average is $60.75. First Capital has a twelve month low of $41.63 and a twelve month high of $71.00.

First Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were paid a dividend of $0.32 per share. This is a positive change from First Capital’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, September 11th. First Capital’s payout ratio is currently 23.15%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised First Capital from a “hold (c)” rating to a “buy (b)” rating in a research note on Friday, August 28th. Two investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

About First Capital

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.