OTC · Banks - Regional

First IC Corporation (FIEB) Stock

$20.49 +0.00% OTC: FIEB Financial Services

First IC Corporation functions as the parent entity for First IC Bank, delivering a comprehensive suite of retail and commercial banking solutions to individual consumers and small to mid-sized enterprises. The bank provides diverse deposit options, including checking accounts, savings accounts, certificates of deposit, and Individual Retirement Arrangement (IRA) accounts.

Valuation

MetricValue
Price$20.49
Market Cap$185.84M
P/E Ratio7.53
P/B Ratio1.28
P/S Ratio3.06
EPS (TTM)$2.72
52-Week High$22.00
52-Week Low$9.25
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE17.96%
ROA2.07%
ROCE3.38%
Gross Margin100.00%
Operating Margin66.40%
Net Margin40.66%
Debt/Equity0.34
Current Ratio0.00

Annual Financials (USD)

Metric20202021202220232024
Revenue$29.0M$50.0M$55.0M$60.0M$61.0M
Operating Profit$14.0M$32.0M$35.0M$39.0M$40.0M
Net Profit$7.0M$19.0M$21.0M$25.0M$25.0M
EPS$0.74$2.01$2.36$2.71$2.72
Op Margin50.5%64.4%64.2%64.2%66.4%

Balance Sheet (USD)

Metric20202021202220232024
Total Assets$765.0M$942.0M$1.0B$1.2B$1.2B
Total Liabilities$680.0M$837.0M$915.0M$1.0B$1.0B
Cash$145.0M$217.0M$101.0M$182.0M$141.0M
Borrowings$0$0$34.0M$58.0M$50.0M

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Cash Flow (USD)

Metric20202021202220232024
Operating Cash Flow$1.0M$12.0M$18.0M$40.0M$21.0M
Investing Cash Flow$1.0M$-84.0M$-194.0M$-54.0M$-75.0M
Financing Cash Flow$54.0M$155.0M$35.0M$79.0M$22.0M
Net Cash Flow$57.0M$72.0M$-116.0M$81.0M$-41.0M
Free Cash Flow$0$11.0M$18.0M$40.0M$20.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.08
EV / EBITDA
FCF Yield
Quick Ratio
Interest Coverage
Return 1Y
Return 3Y
Return 5Y

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
AAPLApple Inc. $313.33 +0.29% 37.72 $4.60T 0.34%
MSFTMicrosoft Corporation $499.99 +0.03% 22.95 $3.71T 0.94%
GOOGLAlphabet Inc. $354.30 -0.96% 27.68 $4.29T 0.23%
AMZNAmazon.com, Inc. $274.48 +0.82% 28.76 $2.95T 0.00%
METAMeta Platforms, Inc. $592.10 +0.37% 21.47 $1.51T 0.35%

About First IC Corporation

First IC Corporation functions as the parent entity for First IC Bank, delivering a comprehensive suite of retail and commercial banking solutions to individual consumers and small to mid-sized enterprises. The bank provides diverse deposit options, including checking accounts, savings accounts, certificates of deposit, and Individual Retirement Arrangement (IRA) accounts. Its lending portfolio extends to Small Business Administration (SBA) loans, commercial financing, personal loans, and home mortgages. Additionally, customers can access credit cards, payment processing, check ordering, ATM deposit services, and convenient online and mobile banking platforms. First IC Bank maintains nine full-service operating branches, with six located in Georgia, and one each in Texas, New York, and New Jersey. Its geographical reach is further extended by two loan production offices situated in Los Angeles and Seattle. Established in 2000, the corporation's headquarters are located in Doraville, Georgia.

First IC Corporation is headquartered in US.

First IC Corporation (FIEB) stock trades at $20.49 with a market capitalization of $185.84M. The stock is valued at a price-to-earnings (P/E) ratio of 7.53, price-to-book of 1.28, price-to-sales of 3.06. Over the past 52 weeks the stock has ranged between $9.25 and $22.00, and currently trades 6.9% below its 52-week high.

On profitability, First IC Corporation generates a return on equity (ROE) of 17.96%, above the typical market average, return on capital employed of 3.38%, an operating margin of 66.40%, a net profit margin of 40.66%.

Official website: www.firsticbank.com

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