Risk factor
Critical default risk
Profitability factor
Solid dividends
About
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. It offers checking, savings, individual retirement, sweep, money market, and health savings accounts, as well as certificates of deposits. The company also provides home buyer, home equity, construction, and refinance loans; commercial real estate, auto, small business, and farm loans; small business administration financing; working capital lines of credit and home equity line of credit; and 1-4 family residential, multi-family, and nonfarm nonresidential real estate loans, as well as mortgages. In addition, it offers merchant, mobile and online banking, payroll, direct deposit, remote deposit capture, ACH collections, night deposit, wire transfers, overdraft protection, safety deposit boxes, statements, and cash management services. The company was founded in 1901 and is based in Brookville, Indiana.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EB