First Capital increases quarterly dividend 7.4% to 29c per share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 15 2024
0mins
Dividend Declaration: First Capital has announced a quarterly cash dividend of 29 cents per share, which will be paid on September 27 to shareholders recorded as of September 13.
Increase in Dividend: This dividend reflects a 2-cent increase, or 7.4%, compared to the previous dividend paid on June 28.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like FCAP with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on FCAP
About FCAP
First Capital, Inc. is the holding company for First Harrison Bank (the Bank). The Bank is a chartered commercial bank, which provides a variety of banking services to individuals and business customers. The Bank’s primary source of revenue is real estate mortgage loans. The Bank originates mortgage loans for sale in the secondary market. The Bank also originates consumer loans and residential construction loans for the loan portfolio. The Bank offers a variety of secured or guaranteed consumer loans, including automobile and truck loans, home equity loans, home improvement loans, boat loans, mobile home loans and loans secured by savings deposits. First Harrison Investments, Inc. and First Harrison Holdings, Inc. are wholly owned subsidiaries of the Bank that jointly own First Harrison, LLC, which holds and manages an investment securities portfolio. The Bank has 18 offices in the Indiana communities of Corydon, Edwardsville, Greenville, Floyds Knobs, Palmyra, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
First Capital Reports Q4 GAAP EPS of $1.46 with Revenue of $13.49M
- Earnings Highlight: First Capital reported a GAAP EPS of $1.46 for Q4, indicating stable profitability that is likely to positively influence investor confidence.
- Revenue Performance: The company achieved revenue of $13.49 million in Q4, reflecting growth compared to the previous year and showcasing its competitive position and business growth potential in the market.
- Investor Attention: The release of the earnings report is expected to attract increased investor interest in First Capital, potentially driving stock price appreciation and enhancing market expectations for its future development.
- Quant Rating Insight: Seeking Alpha's quant rating on First Capital will provide investors with deeper analysis, aiding them in making more informed investment decisions.
Continue Reading
First Capital Inc. Sees Increase in Q3 Earnings
Earnings Growth: First Capital Inc. reported a significant increase in earnings for the third quarter, totaling $4.48 million, or $1.34 per share, compared to $2.90 million, or $0.87 per share, from the previous year.
Revenue Increase: The company's revenue rose by 20% to $10.96 million, up from $9.13 million in the same period last year.
Continue Reading