Welcome to our dedicated page for First Cap news (Ticker: FCAP), a resource for investors and traders seeking the latest updates and insights on First Cap stock.
First Capital, Inc. (NASDAQ: FCAP) is the holding company for First Harrison Bank, a federally chartered savings bank serving individual and business customers. This news page compiles company-issued press releases and other coverage related to FCAP, with a focus on its banking operations and corporate actions.
Recent news for First Capital, Inc. has included announcements of quarterly and annual earnings, regular cash dividends on its common stock, and dividend increases. The company has also reported on its stock repurchase activity, including the establishment of a Joint Rule 10b5-1/Rule 10b-18 Plan Agreement that authorizes its designated broker to repurchase shares under a previously approved repurchase authorization.
Because First Capital, Inc. operates through First Harrison Bank, many news items relate to net interest income, provision for credit losses, noninterest income and expenses, and changes in total assets, deposits and nonperforming assets, as described in its earnings releases. These updates provide insight into the bank’s lending activities, funding base, and overall financial condition.
Investors and observers can use this FCAP news feed to review company communications on dividends, profitability, capital management, and branch network developments. Checking this page regularly can help readers follow how First Capital, Inc. reports its results, manages shareholder returns through dividends and repurchases, and discusses key factors affecting its savings institution business.
First Capital, Inc. (NASDAQ: FCAP) reported a net income of $10.1 million for the year ended December 31, 2020, down from $10.3 million in 2019, resulting in a diluted EPS of $3.02. The decrease in net income stems from a $2.4 million drop in net interest income after provision for loan losses, despite a $1.7 million rise in noninterest income. Interest-earning assets grew to $846.3 million from $760.8 million year-over-year. Total assets increased to $1.02 billion, and deposits surged $178.3 million since December 2019.
The Board of Directors of First Capital, Inc. (NASDAQ: FCAP) has declared a quarterly cash dividend of $0.24 per share of common stock. This dividend will be payable on December 30, 2020, to shareholders on record as of December 16, 2020. First Capital operates First Harrison Bank, which has 18 branches in Indiana and Kentucky, offering traditional banking services, online banking, and electronic bill payments. For more details, visit First Harrison Bank's website.
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The Board of Directors of First Capital has declared a quarterly cash dividend of $0.24 per share for common stock. The dividend is scheduled for payment on September 29, 2020, to shareholders on record as of September 15, 2020. First Capital, the holding company for First Harrison Bank, operates eighteen offices across Indiana and Kentucky, providing access to banking and investment services. This dividend reflects the company's continued commitment to returning value to shareholders.
Summary not available.
The Board of Directors of First Capital has declared a quarterly cash dividend of $0.24 per share of common stock. This dividend will be paid on June 29, 2020 to shareholders of record as of June 15, 2020. First Capital operates as the holding company for First Harrison Bank, which serves various Indiana and Kentucky communities through eighteen offices.
Summary not available.