Quarterly ResultJul 24, 2026, 04:46 PM

First Capital Q2 Net Income Rises to $4.8M; EPS $1.43

AI Summary

First Capital, Inc. reported a significant increase in net income for the second quarter and first half of 2026. For Q2 2026, net income rose to $4.8 million, or $1.43 per diluted share, up from $3.8 million, or $1.13 per diluted share, in Q2 2025. This improvement was primarily driven by a $1.6 million increase in net interest income after provision for credit losses and a $187,000 rise in noninterest income, despite increased noninterest expenses. For the six months ended June 30, 2026, net income reached $9.1 million, or $2.72 per diluted share, compared to $7.0 million, or $2.09 per diluted share, for the same period in 2025. The company also saw an increase in total assets and deposits.

Key Highlights

Net income for Q2 2026 increased to $4.8 million from $3.8 million in Q2 2025.
Diluted EPS for Q2 2026 rose to $1.43 from $1.13 in Q2 2025.
Net interest income after provision for credit losses increased by $1.6 million for Q2 2026.
Tax-equivalent net interest margin improved to 3.98% for Q2 2026 from 3.59% in Q2 2025.
Noninterest income increased by $187,000 for Q2 2026, driven by a $92,000 gain on equity securities.
Net income for the six months ended June 30, 2026, was $9.1 million, up from $7.0 million in 2025.
Diluted EPS for the six months ended June 30, 2026, was $2.72, compared to $2.09 in 2025.
Total assets increased to $1.29 billion at June 30, 2026, from $1.27 billion at December 31, 2025.

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FIRST CAPITAL INC

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