First Capital Q2 net income rises

First Capital

25/07/2025 21:57

Overview

First Capital Q2 net income rises to $3.8 mln from $2.8 mln yr/yr

Q2 Net interest income after provision for credit losses increases by $1.8 mln, boosting profitability

Result Drivers

INTEREST INCOME - Increase in average tax-equivalent yield on interest-earning assets and average balance of interest-earning assets boosts interest income

CREDIT LOSSES - Provision for credit losses decreased, reflecting improved credit conditions

NONINTEREST EXPENSES - Rise in compensation, benefits, and operational costs contributes to higher noninterest expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
$3.78 mln
Q2 Net Interest Income
$10.41 mln
Q2 Net Interest Margin
3.52%
Q2 Pretax Profit
$4.63 mln
Q2 Provision For Credit Losses
$306,000


Press Release: ID:nGNX3QbsXn

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)