First Capital | 10-Q: FY2025 Q3 Revenue: USD 16.96 M

Revenue: As of FY2025 Q3, the actual value is USD 16.96 M.

EPS: As of FY2025 Q3, the actual value is USD 1.34.

EBIT: As of FY2025 Q3, the actual value is USD -5.408 M.

Segment Revenue

• Interest Income: Total interest income for the nine months ended September 30, 2025, was $42.044 million, compared to $37.279 million for the same period in 2024.

Operational Metrics

• Net Income: Net income attributable to First Capital, Inc. was $11.488 million for the nine months ended September 30, 2025, compared to $8.678 million for the same period in 2024.
• Net Interest Income: Net interest income after provision for credit losses was $30.155 million for the nine months ended September 30, 2025, compared to $25.279 million for the same period in 2024.
• Provision for Credit Losses: The provision for credit losses was $794,000 for the nine months ended September 30, 2025, compared to $1.103 million for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $16.052 million for the nine months ended September 30, 2025, compared to $18.281 million for the same period in 2024.
• Net Cash (Used In) Provided By Investing Activities: - $35.016 million for the nine months ended September 30, 2025, compared to $18.675 million for the same period in 2024.
• Net Cash Provided By Financing Activities: $25.224 million for the nine months ended September 30, 2025, compared to $14.313 million for the same period in 2024.

Unique Metrics

• Securities Available for Sale: Increased by $32.4 million from $389.2 million at December 31, 2024, to $421.6 million at September 30, 2025.

Future Outlook and Strategy

• Core Business Focus: The company aims to manage its liquidity and interest rate risk by emphasizing the origination of short-term commercial and consumer loans and relying on retail deposits as a primary source of funds.
• Non-Core Business: The company has invested in renewable energy tax credits and affordable housing projects, reflecting a strategy to diversify income sources and leverage tax benefits.