FBVI Stock Overview

Operates as the bank holding company for FCN Bank, NA that provides personal and commercial banking services in southeast Indiana and southwest Ohio. More details

FBVI fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 57.5% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Earnings have declined by 12.7% per year over past 5 years

Unstable dividend track record

Does not have a meaningful market cap ($49M)

My Notes

Capture your thoughts, links and company narrative

FCN Banc Corp. Competitors

Summit State Bank

NasdaqGM:SSBI

US$51.0m

Farmers and Merchants Bancshares

OTCPK:FMFG

US$57.0m

Ledyard Financial Group

OTCPK:LFGP

US$52.5m

First Bankers Trustshares

OTCPK:FBTT

US$50.9m

Price History & Performance

Summary of share price highs, lows and changes for FCN Banc
Historical stock prices
Current Share Price	US$28.50
52 Week High	US$33.00
52 Week Low	US$28.00
Beta	0.15
1 Month Change	-1.72%
3 Month Change	-1.72%
1 Year Change	1.79%
3 Year Change	-39.10%
5 Year Change	-29.10%
Change since IPO	-16.18%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	FBVI	US Banks	US Market
7D	0%	-1.1%	-0.4%
1Y	1.8%	29.5%	24.8%

Return vs Industry: FBVI underperformed the US Banks industry which returned 29.5% over the past year.

Return vs Market: FBVI underperformed the US Market which returned 24.8% over the past year.

Price Volatility

Is FBVI's price volatile compared to industry and market?
FBVI volatility
FBVI Average Weekly Movement	n/a
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FBVI's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine FBVI's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1901	n/a	Tom Horninger	www.fcnbank.com

FCN Banc Corp. operates as the bank holding company for FCN Bank, NA that provides personal and commercial banking services in southeast Indiana and southwest Ohio. The company offers checking, savings, individual retirement, sweep, money market, and health savings accounts; and certificates of deposits. It also provides home buyer, home equity, construction, and refinance loans; commercial real estate, auto, small business, and farm loans, as well as small business administration financing; and working capital lines of credit and home equity line of credit, as well as 1-4 family residential, multi-family and nonresidential, and nonfarm nonresidential real estate loans, as well as mortgages.

FCN Banc Corp. Fundamentals Summary

How do FCN Banc's earnings and revenue compare to its market cap?
FBVI fundamental statistics
Market cap	US$48.83m
Earnings (TTM)	US$3.79m
Revenue (TTM)	US$20.16m

12.9x

P/E Ratio

0.9x

P/B Ratio

Is FBVI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FBVI income statement (TTM)
Revenue	US$20.16m
Cost of Revenue	US$0
Gross Profit	US$20.16m
Other Expenses	US$16.37m
Earnings	US$3.79m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.21
Gross Margin	100.00%
Net Profit Margin	18.81%
Debt/Equity Ratio	111.1%

How did FBVI perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

62%

Payout Ratio

Does FBVI pay a reliable dividends?

See FBVI dividend history and benchmarks

When do you need to buy FBVI by to receive an upcoming dividend?
FCN Banc dividend dates
Ex Dividend Date	Dec 26 2024
Dividend Pay Date	Jan 10 2025
Days until Ex dividend	0 days
Days until Dividend pay date	15 days

Does FBVI pay a reliable dividends?

See FBVI dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 04:01
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FCN Banc Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution