FCN Banc Corp. (FBVI)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
FCN Banc Corp. (FBVI) trades at $35.87 with AI Score 63/100 (Grade B+). FCN Banc Corp. operates as the bank holding company for FCN Bank, NA, providing personal and commercial banking services in southeast Indiana and southwest Ohio. Market cap: $61.78M, Sector: Financial services.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for FBVI: FBVI does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FBVI against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
FBVI: 3/4 perspectives are bullish. Dominant signal: Izzy Englander bullish.
How is this calculated? →FCN Banc Corp. (FBVI) Financial Services Profile
FCN Banc Corp. serves as the bank holding company for FCN Bank, NA, offering a comprehensive suite of personal and commercial banking services across southeast Indiana and southwest Ohio. Established in 1901, the institution focuses on community-centric financial solutions, including diverse loan products and modern digital banking, maintaining a regional market presence.
What Is the Investment Thesis for FBVI?
FCN Banc Corp. presents a regional banking profile characterized by a stable operating history since 1901 and a focused geographic presence in southeast Indiana and southwest Ohio. The company's financial performance indicates a profit margin of 19.5% and a gross margin of 71.0%, reflecting efficient operations within its niche. With a market capitalization of $61.78M, it operates as a smaller, community-oriented institution. A notable dividend yield of 4.19% suggests a commitment to shareholder returns, potentially appealing to income-focused investors. The company's low beta of 0.24 indicates significantly lower volatility compared to the broader market, offering a degree of stability. Key growth catalysts include potential expansion of its loan portfolio in its established markets, particularly in commercial real estate and small business lending, driven by regional economic development. Further investment in digital banking services could enhance customer engagement and operational efficiency, attracting a younger demographic while retaining its traditional client base. Value drivers stem from its deep community ties, which foster customer loyalty and provide a stable deposit base, alongside prudent loan underwriting practices. Risks include sensitivity to interest rate fluctuations, regional economic downturns, and competitive pressures from larger financial institutions.
Based on FMP financials and quantitative analysis
FBVI Key Highlights
- Market Capitalization: FCN Banc Corp. maintains a market capitalization of $61.78M, indicating its position as a smaller, regionally focused financial institution.
- Profitability: The company reported a profit margin of 19.5%, demonstrating effective management of expenses relative to its revenue generation.
- Gross Margin: A gross margin of 71.0% highlights strong operational efficiency in its core banking services before accounting for all operating expenses.
- Shareholder Returns: FCN Banc Corp. offers a dividend yield of 4.19%, reflecting a consistent return of capital to its shareholders.
- Market Volatility: With a beta of 0.24, the company exhibits significantly lower price volatility compared to the overall market, suggesting relative stability.
Who Are FBVI's Competitors?
FBVI is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MCHB Mechanics Bank | $16.24 | +0.50% | $3.58B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
| ASBA Associated Banc-Corp | $24.53 | +0.25% | $4.05B | 67 |
| CBTN Citizens Bancorp Investment, Inc. | $35.01 | +0.00% | $207.30M | 63 |
| BUSE First Busey Corporation | $29.58 | -0.25% | $2.50B | 63 |
| PNBI Pioneer Bankshares, Inc. | $44.50 | +0.00% | $44.61M | 63 |
| LLDTF Lloyds Banking Group plc | $1.45 | +0.00% | $84.34B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FBVI's Key Strengths?
- Long-standing operational history since 1901, fostering trust and brand recognition.
- Diversified product offerings covering personal, commercial, and agricultural banking needs.
- Strong local market presence and community ties in southeast Indiana and southwest Ohio.
- Solid profitability metrics with a 19.5% profit margin and 71.0% gross margin.
What Are FBVI's Weaknesses?
- Limited geographic reach, concentrating risks within a specific regional economy.
- Smaller market capitalization ($0.06B) compared to larger regional or national banks.
- Potential for slower adoption of advanced digital banking technologies compared to larger competitors.
- Reliance on traditional banking models may expose it to disruption from fintech innovators.
What Could Drive FBVI Stock Higher?
- Continued regional economic growth in southeast Indiana and southwest Ohio could drive increased demand for commercial and residential loans.
- Implementation of new digital banking features or mobile application enhancements could attract new customers and improve service efficiency.
- Strategic adjustments to interest rates on deposit and loan products to optimize net interest margin in a dynamic rate environment.
- Successful expansion of specific loan portfolios, such as small business or agricultural loans, leveraging local market expertise.
What Are the Key Risks for FBVI?
- Financial-distress signal — its Altman Z-Score of 0.23 sits in the distress zone (elevated bankruptcy risk).
- Sensitivity to interest rate fluctuations, which can impact the bank's net interest income and overall profitability.
- Economic downturns or significant industry shifts within its primary operating regions of southeast Indiana and southwest Ohio could reduce loan demand and increase credit defaults.
- Intense competition from larger national banks, other regional banks, and emerging fintech companies for both deposits and loan customers.
- Increased regulatory scrutiny or changes in banking regulations could lead to higher compliance costs and operational restrictions.
- Risks associated with its OTC Other listing, including limited liquidity and transparency, which may affect investor confidence and share valuation.
What Are the Growth Opportunities for FBVI?
- Expanding Commercial and Small Business Lending: FCN Banc Corp. can capitalize on regional economic development by actively expanding its commercial real estate, small business, and farm loan portfolios. With a focused presence in southeast Indiana and southwest Ohio, the bank possesses local market knowledge crucial for assessing credit risk and identifying growth sectors. The small business lending market, for instance, is a significant component of local economies, and by offering competitive terms and personalized service, FCN Banc Corp. can capture a larger share, potentially increasing its interest income and fee generation. This strategy leverages existing relationships and market understanding to drive loan growth.
- Enhancing Digital Banking and Fintech Integration: Investing further in mobile and online banking platforms, as well as exploring integrations with financial technology (fintech) solutions, represents a substantial growth opportunity. The digital transformation in banking is ongoing, with customers increasingly expecting seamless online experiences for transactions, account management, and loan applications. By offering advanced digital tools, FCN Banc Corp. can improve customer convenience, attract younger demographics, and potentially expand its service reach without needing physical branch expansion, thereby improving operational efficiency and reducing costs over the long term.
- Deepening Penetration in Existing Geographic Markets: Rather than immediate expansion into new territories, FCN Banc Corp. can focus on increasing its market share within its current operational areas of southeast Indiana and southwest Ohio. This involves targeted marketing campaigns, community engagement initiatives, and cross-selling existing products to current customers while attracting new ones through competitive offerings and superior customer service. By strengthening its brand recognition and reputation as a trusted local financial partner, the bank can consolidate its position and grow its deposit base and loan volume organically within its established footprint.
- Optimizing Interest-Bearing Asset and Liability Management: In a fluctuating interest rate environment, strategically managing its interest-bearing assets (loans, investments) and liabilities (deposits) presents a continuous growth opportunity. By carefully structuring its loan products and deposit offerings, FCN Banc Corp. can optimize its net interest margin, which is a primary driver of profitability for banks. This involves dynamic pricing strategies, diversifying its loan portfolio to mitigate risk, and attracting low-cost deposits, ensuring sustainable revenue growth even amidst economic shifts.
- Targeting Specific Niche Customer Segments: FCN Banc Corp. can identify and target specific underserved or high-growth customer segments within its existing markets. This could include specialized lending programs for agricultural businesses, first-time homebuyers, or specific professional groups. By developing tailored products and services that address the unique needs of these niches, the bank can create strong customer loyalty and capture market segments that might be overlooked by larger, more generalized institutions. This focused approach allows for efficient resource allocation and deeper customer relationships.
What Opportunities Does FBVI Have?
- Expansion of digital banking services to enhance customer experience and operational efficiency.
- Increased market penetration within existing regions through targeted marketing and community initiatives.
- Growth in specific loan segments like commercial real estate or small business lending driven by regional development.
- Strategic optimization of interest-bearing assets and liabilities to improve net interest margin.
What Threats Does FBVI Face?
- Intense competition from larger banks, credit unions, and online lenders.
- Sensitivity to interest rate fluctuations impacting net interest income.
- Economic downturns or localized industry struggles in its primary operating regions.
- Increasing regulatory burden and compliance costs in the financial services sector.
What Are FBVI's Competitive Advantages?
- Established Local Presence: Over a century of operation since 1901 has fostered deep community ties and strong brand recognition in its specific regional markets.
- Customer Loyalty: A focus on personalized service and community engagement helps build enduring relationships with local individuals and businesses.
- Local Market Expertise: In-depth understanding of the economic landscape and specific needs of southeast Indiana and southwest Ohio allows for tailored product offerings and informed lending decisions.
- Diversified Loan Portfolio: Offering a broad range of personal, commercial, and agricultural loans mitigates risk concentration and caters to a wider customer base within its region.
What Does FBVI Do?
FCN Banc Corp., established in 1901, operates as the bank holding company for FCN Bank, NA, a long-standing financial institution deeply rooted in the communities of southeast Indiana and southwest Ohio. From its headquarters in Brookville, Indiana, the company has evolved over more than a century to provide a comprehensive array of personal and commercial banking services tailored to the needs of its regional clientele. Initially founded to serve local residents and businesses, FCN Bank has grown to encompass a broad spectrum of financial products. For personal banking, it offers essential services such as checking, savings, individual retirement accounts (IRAs), money market accounts, and health savings accounts, alongside various certificates of deposit. The institution also plays a significant role in facilitating homeownership and property development through home buyer, home equity, construction, and refinance loans, as well as residential, multi-family, and nonresidential real estate loans and mortgages. On the commercial front, FCN Banc Corp. supports local economies by providing commercial real estate, auto, small business, and farm loans, in addition to working capital lines of credit. Recognizing the shift towards digital finance, the company has integrated modern conveniences like mobile and online banking, merchant services, payroll solutions, direct deposit, and comprehensive cash management services, ensuring accessibility and efficiency for its customers. This blend of traditional community banking values with contemporary financial technology positions FCN Banc Corp. as a key financial partner within its specific geographic market.
What Products and Services Does FBVI Offer?
- Operates as a bank holding company for FCN Bank, NA.
- Provides personal banking services including checking, savings, IRAs, money market, and health savings accounts.
- Offers various certificates of deposit.
- Extends home buyer, home equity, construction, and refinance loans, as well as residential and nonresidential mortgages.
- Supplies commercial banking services, including commercial real estate, auto, small business, and farm loans.
- Provides working capital lines of credit and home equity lines of credit.
- Offers modern financial services like merchant services, mobile and online banking, payroll, direct deposit, and cash management.
- Serves customers primarily in southeast Indiana and southwest Ohio.
How Does FBVI Make Money?
- Generates interest income from a diverse portfolio of loans, including residential mortgages, commercial real estate, auto, small business, and farm loans.
- Earns interest from investments in securities.
- Collects non-interest income through service charges on deposit accounts, merchant services, and other banking fees.
- Attracts deposits from individuals and businesses, which serve as the primary funding source for its lending activities.
- Manages a spread between the interest earned on assets and the interest paid on liabilities to achieve profitability.
What Industry Does FBVI Operate In?
FCN Banc Corp. operates within the highly regulated and competitive Banks - Regional industry, specifically serving communities in southeast Indiana and southwest Ohio. This sector is characterized by its focus on local economies, providing essential financial services to individuals and small to medium-sized businesses. Regional banks often differentiate themselves through personalized customer service, deep community relationships, and tailored lending solutions, contrasting with larger national banks that prioritize scale and broad market reach. Current market trends include increasing digital adoption, with customers demanding robust online and mobile banking capabilities, and a dynamic interest rate environment impacting net interest margins. Regulatory compliance costs also remain a significant factor. FCN Banc Corp.'s long operational history since 1901 and its established presence in its defined geographic area position it as a traditional community bank, competing with other local banks and credit unions, as well as facing indirect competition from larger financial institutions expanding their digital footprint. Its ability to leverage local knowledge and maintain strong customer relationships is critical for sustaining its market share in this competitive landscape.
Who Are FBVI's Key Customers?
- Individuals and families seeking personal banking services such as checking, savings, and various loan products.
- Small to medium-sized businesses requiring commercial loans, lines of credit, and cash management solutions.
- Farmers and agricultural enterprises in need of specialized farm loans.
- Real estate developers and homeowners seeking construction, home equity, and mortgage financing.
- Local communities in southeast Indiana and southwest Ohio.
ROE 12%Key Financial Metrics
Return on equity for FCN Banc Corp. stands at 11.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.9%, showing how much profit it generates from its asset base. FBVI trades at a trailing price-to-earnings ratio of 8.70, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.73 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 11.5%, the inverse of the P/E and a quick read on earnings relative to price.
FCN Banc Corp. (FBVI) Valuation Context
Valued at $61.78M, FBVI is classified as a micro-cap stock. Relative to its peer group, FBVI's quantitative score of 63/100 is roughly in line with the peer average of 68/100.
Company Profile
FCN Banc Corp. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Brookville, US. The company is led by CEO Thomas D. Horninger. FBVI has traded publicly since 2008.
F-Score 4/9Financial Health
FCN Banc Corp.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.23 places it in the distress zone, a signal of elevated financial risk.
FBVI Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Long-standing operational history since 1901, fostering trust and brand recognition.
- Diversified product offerings covering personal, commercial, and agricultural banking needs.
- Strong local market presence and community ties in southeast Indiana and southwest Ohio.
- Solid profitability metrics with a 19.5% profit margin and 71.0% gross margin.
Bear Case
- Limited geographic reach, concentrating risks within a specific regional economy.
- Smaller market capitalization ($0.06B) compared to larger regional or national banks.
- Potential for slower adoption of advanced digital banking technologies compared to larger competitors.
- Reliance on traditional banking models may expose it to disruption from fintech innovators.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
FBVI Latest News
No recent news available for FBVI.
FBVI Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FBVI.
Price Targets
Wall Street price target analysis for FBVI.
FBVI MoonshotScore
What does this score mean?
The MoonshotScore rates FBVI's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Thomas D. Horninger
Chief Executive Officer
Thomas D. Horninger serves as the Chief Executive Officer of FCN Banc Corp., overseeing the strategic direction and daily operations of the bank holding company and its subsidiary, FCN Bank, NA. While specific details regarding his educational background and prior career history are not provided in the available data, his leadership role in a financial institution established in 1901 suggests a significant tenure and expertise within the banking sector. Managing a team of 64 employees, Mr. Horninger is responsible for guiding the bank's efforts in providing personal and commercial banking services across its operational footprint in southeast Indiana and southwest Ohio.
Track Record: Under Thomas D. Horninger's leadership, FCN Banc Corp. continues its long-standing tradition of community banking, maintaining its focus on regional financial services. His tenure has seen the company sustain its operational presence and manage its diverse portfolio of checking, savings, and loan products. The company's reported profit margin of 19.5% and gross margin of 71.0% reflect the operational efficiency achieved under his management, contributing to its stable financial performance within the regional banking landscape.
FBVI OTC Market Information
FCN Banc Corp. trades on the OTC Other tier of the OTC Markets. This tier is typically for companies that do not meet the disclosure requirements of higher tiers like OTCQX or OTCQB, or for companies that choose not to provide extensive financial information. Unlike stocks listed on major exchanges such as the NYSE or NASDAQ, which have stringent listing standards regarding financial reporting, corporate governance, and minimum share prices, companies on the OTC Other tier have fewer regulatory obligations. This often results in less publicly available information and can present higher risks for investors.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Public Information: "Unknown" disclosure status means less financial and operational data, increasing investment risk.
- Lower Liquidity: Reduced trading volume can make it difficult to buy or sell shares efficiently, leading to wider bid-ask spreads.
- Price Volatility: Thin trading can result in significant price swings, making the stock more susceptible to manipulation or large block trades.
- Lack of Regulatory Oversight: Fewer reporting requirements compared to major exchanges mean less scrutiny and potential for less transparency.
- Difficulty in Valuation: Limited data and liquidity can make it challenging for investors to accurately assess the company's fair value.
- Verify the company's official website for any direct financial statements or press releases.
- Research any available news or analyst reports from reputable third-party sources, if any exist.
- Examine the company's history and management team for stability and experience.
- Assess the company's business model and competitive landscape within its regional market.
- Understand the specific risks associated with the "OTC Other" tier and "Unknown" disclosure status.
- Evaluate the company's dividend history and sustainability, given the 4.19% yield.
- Consider the overall economic health of southeast Indiana and southwest Ohio.
- Long operational history, founded in 1901, indicating a stable and enduring business.
- Operates as a bank holding company for an established FCN Bank, NA, suggesting a regulated financial entity.
- Provides traditional banking services, including deposit accounts and various types of loans, characteristic of a legitimate financial institution.
- Headquartered in Brookville, Indiana, with a defined geographic service area, implying a physical and operational presence.
What Investors Ask About FCN Banc Corp. (FBVI) — Financial Services
What does FCN Banc Corp. do?
FCN Banc Corp. functions as the bank holding company for FCN Bank, NA, a regional financial institution with a history dating back to 1901. Headquartered in Brookville, Indiana, the company primarily serves individuals and businesses across southeast Indiana and southwest Ohio. Its core business revolves around providing a comprehensive suite of personal and commercial banking services. This includes traditional offerings like checking, savings, money market, and individual retirement accounts, alongside various certificates of deposit. On the lending side, FCN Banc Corp. offers home buyer, home equity, construction, refinance, commercial real estate, auto, small business, and farm loans, as well as working capital lines of credit. Additionally, it provides modern services such as mobile and online banking, merchant services, payroll, and cash management solutions, catering to the evolving needs of its community-based clientele.
How does FCN Banc Corp. generate revenue?
FCN Banc Corp. primarily generates revenue through its core banking operations, which involve two main streams: net interest income and non-interest income. Net interest income is the difference between the interest earned on its assets, predominantly loans and investments, and the interest paid on its liabilities, primarily customer deposits. The company's diverse loan portfolio, including residential mortgages, commercial real estate, small business, and agricultural loans, forms a significant portion of its interest-earning assets. Non-interest income is derived from various banking services, such as service charges on deposit accounts, merchant services, and other fees associated with its cash management and digital banking offerings. By effectively managing its loan portfolio, deposit base, and service offerings, FCN Banc Corp. aims to maximize its net interest margin and diversify its revenue streams to ensure sustainable profitability.
What are the primary risks associated with FCN Banc Corp.'s operations?
FCN Banc Corp. faces several inherent risks typical of the regional banking sector, compounded by its OTC listing. A primary risk is sensitivity to interest rate fluctuations; changes in market rates can significantly impact the bank's net interest margin, affecting profitability. Furthermore, as a regionally focused institution, FCN Banc Corp. is susceptible to economic downturns or specific industry challenges within southeast Indiana and southwest Ohio, which could lead to reduced loan demand, increased loan defaults, and impaired asset quality. The banking industry is highly competitive, with pressure from larger national banks, other regional players, and emerging fintech companies vying for both deposits and lending opportunities. Regulatory risks are also ongoing, with potential for increased compliance costs or new regulations impacting operations. Lastly, its "OTC Other" classification and "Unknown" disclosure status introduce risks related to limited liquidity, potential price volatility, and reduced transparency for investors.
What are the key factors to evaluate for FBVI?
FCN Banc Corp. (FBVI) holds an AI score of 63/100 (moderate). Not financial advice.
How frequently does FBVI data refresh on this page?
FBVI prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FBVI's recent stock price performance?
FCN Banc Corp. (FBVI) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Long-standing operational history since 1901, fostering trust and brand recognition. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FBVI overvalued or undervalued right now?
Valuing FCN Banc Corp. (FBVI) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying FBVI?
Before investing in FCN Banc Corp. (FBVI), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- CEO background and track record inferred from company context and general executive roles.
- Growth opportunities are derived from the company's stated business model and general banking industry trends, as specific initiatives were not provided.
- OTC analysis is based on the general characteristics of the 'OTC Other' tier and 'Unknown' disclosure status, as specific details for FBVI were limited.
- Competitors list is empty as no FMP PEER TICKERS were provided in the source data.