Monitor the trajectory of nonperforming assets (up $1.1M from year-end) and provision expense (more than doubled YoY) for signs of credit quality deterioration that could offset margin expansion.
Price Chart
Executive Summary
First Capital, Inc. reported Q3 2026 net income of $5.1 million ($1.53 per diluted share), up from $4.5 million ($1.34 per share) in Q3 2025, driven by a 14.2% increase in net interest income and a 37 basis point expansion in net interest margin to 4.01%. The improvement reflects higher asset yields and lower funding costs, partially offset by higher provision for credit losses and noninterest expense growth.
Key Financial Metrics
Key Facts
- Q3 2026 net income $5.1M vs $4.5M in Q3 2025, +13.4%
- Diluted EPS $1.53 vs $1.34 in Q3 2025, +14.2%
- Net interest margin expanded 37 bps to 4.01% (tax-equivalent 4.08%)
- Net interest income increased $1.55M to $12.51M, +14.2%
- Provision for credit losses increased to $355K from $150K
- Nonperforming assets rose to $5.5M from $4.4M at year-end 2025
- Cash dividend increased to $0.32/share from $0.31 in Q3 2025
Financial Impact
Net income +$626K YoY; net interest margin +37 bps; EPS +$0.19
Risk Factors
- Nonperforming assets increased to $5.5M from $4.4M at year-end 2025, driven by a commercial real estate loan
- Provision for credit losses more than doubled to $355K from $150K YoY
- Noninterest expenses rose $545K (+7.2%) YoY, primarily from compensation and benefits
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3387619 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 2d ago | 8-K | $63.35 | awaiting T+60 | — | $63.35 (−0.00%) |
Oct 23, 2026 2d ago | Press Release | $63.35 | awaiting T+60 | — | $63.35 (−0.00%) |
Aug 19, 2026 9w ago | Press Release | $62.60 | awaiting T+60 | — | $63.35 (+1.20%) |
May 19, 2026 22w ago | Press Release | $54.65 $64.51 | ▲ +18.04% | ▲ +13.04% | $63.35 (+15.92%) |
Apr 24, 2026 26w ago | 8-K | $53.59 $59.50 | ▲ +11.03% | ▲ +6.25% | $63.35 (+18.21%) |
Apr 8, 2026 28w ago | DEFA14A | $53.57 $64.01 | ▲ +19.49% | ▲ +8.71% | $63.35 (+18.26%) |
US Market Status
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