First Capital net income surges 37% to $16.4M; stock jumps 84% on margin expansion

Filed March 31, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 31, 2025 · ~1 min read

Key Changes

• high

  Net income rose 37% to $16.4 million ($4.89/share) in 2025, reversing prior-year decline. ROA improved to 1.34% from 1.02%, and ROE climbed to 13.18% from 10.97%, both exceeding 2023 levels.

  MD&A: Financial Performance verify on EDGAR →
• high

  Net interest margin expanded 41 basis points to 3.61%, the highest in five years, driven by higher asset yields and lower funding costs. Net interest income grew 17.8% to $42.2 million.

  MD&A: Net Interest Income verify on EDGAR →
• high

  Stock price surged 84% from $32.25 to $59.20, delivering 87.3% total shareholder return including dividends. Three-year cumulative return flipped from -10.8% to +151.4%.

  MD&A: Shareholder Return verify on EDGAR →