Last $22.44 USD
Change Today -0.65 / -2.82%
Volume 17.7K
As of 8:10 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

farmers capital bank corp (FFKT) Snapshot

Open
$23.20
Previous Close
$23.09
Day High
$23.20
Day Low
$22.31
52 Week High
03/27/14 - $24.54
52 Week Low
05/15/14 - $17.64
Market Cap
168.0M
Average Volume 10 Days
12.6K
EPS TTM
$1.79
Shares Outstanding
7.5M
EX-Date
04/20/10
P/E TM
12.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for FARMERS CAPITAL BANK CORP (FFKT)

farmers capital bank corp (FFKT) Related Bloomberg News

View More Bloomberg News

farmers capital bank corp (FFKT) Related Businessweek News

No Related Businessweek News Found

farmers capital bank corp (FFKT) Details

Farmers Capital Bank Corporation, a bank holding company, provides banking and bank-related services to individual, business, agriculture, government, and educational customers. It primarily offers deposit products, including checking, savings, and term certificate accounts; and lending products, such as residential mortgage, commercial lending, and consumer installment loans. The company also provides other services, including cash management, issuing letters of credit, safe deposit box rental, and funds transfer services; and other financial instruments, such as deposit accounts in other financial institutions and federal funds sold. In addition, it offers property and casualty insurance products; data processing services for unaffiliated entities; and manages and liquidates real estate properties. The company serves its customers through its 36 banking locations in 23 communities throughout Central and Northern Kentucky. Farmers Capital Bank Corporation was founded in 1850 and is headquartered in Frankfort, Kentucky.

519 Employees
Last Reported Date: 03/7/14
Founded in 1850

farmers capital bank corp (FFKT) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $385.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $145.0K
Executive Officer, Chief Executive Officer of...
Total Annual Compensation: $190.0K
Chief Executive Officer of United Bank and Pr...
Total Annual Compensation: $190.0K
Chief Executive Officer of First Citizens Ban...
Total Annual Compensation: $165.0K
Compensation as of Fiscal Year 2013.

farmers capital bank corp (FFKT) Key Developments

Farmers Capital Bank Corporation Announces Executive Changes

The Board of Directors of Farmers Capital Bank Corporation appointed Mark A. Hampton to be the company's Executive Vice President and Chief Financial Officer effective January 1, 2015. While Mr. Hampton will replace C. Douglas Carpenter as Chief Financial Officer, Mr. Carpenter will serve as Executive Vice President, Finance until next summer when he anticipates retiring. Hampton has concentrated on financial and regulatory reporting for significantly all of his years since joining the company in 1997, and was most recently named Senior Vice President in 2012.

Farmers Capital Bank Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Farmers Capital Bank Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported interest income of $15,976,000 against $16,563 a year ago. Net interest income was $13,463,000 against $13,610,000 a year ago. Net interest income after provision for loan losses was $14,999,000 against $14,196,000 a year ago. Income before income tax expense was $5,390,000 against $3,890,000 a year ago. Net income available to common shareholders was $3,657,000 against $2,546,000 a year ago. Basic and diluted net income per common share was $0.49 against $0.34 a year ago. Return on average assets was 0.91% against 0.67% a year ago. Return on average equity was 9.17% against 7.33% a year ago. For the nine months, the company reported interest income of $48,681,000 against $49,936,000 a year ago. Net interest income was $40,869,000 against $40,779,000 a year ago. Net interest income after provision for loan losses was $43,661,000 against $42,359,000 a year ago. Income before income tax expense was $16,663,000 against $13,674,000 a year ago. Net income available to common shareholders was $10,751,000 against $8,913,000 a year ago. Basic and diluted net income per common share was $1.44 against $1.19 a year ago. Return on average assets was 0.91% against 0.77% a year ago. Return on average equity was 9.31% against 8.25% a year ago. Tangible book value per common share as at was $213.06 against $20.75 as at June 30, 2014. The increase in net income is primarily attributed to decrease in the provision for loan losses of $1.2 million, an increase in noninterest income of $976,000 or 5.9%, and lower noninterest expenses of $711,000 or 1.6%. Income tax expense increased $1.1 million or 32.2%.

Farmers Capital Bank Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Farmers Capital Bank Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net interest income of $13,727,000 against $13,593,000 a year ago. Income before income tax expense was $6,783,000 against $4,674,000 a year ago. Net income available to common shareholders was $4.8 million or $0.57 per basic and diluted common share for the second quarter of 2014, an increase of $1.3 million or $0.16 per basic and diluted common share compared to the second quarter of 2013. The increase in net income is attributed primarily to a decrease in the provision for loan losses of $1.0 million, an increase in noninterest income of $550,000 or 10.1%, and lower noninterest expense of $399,000 or 2.7%. Return on average assets was 1.07% against 0.79% a year ago. Return on average equity was 10.98% against 8.30% a year ago. For the six months, the company reported net interest income of $27,406,000 against $27,169,000 a year ago. Income before income tax expense was $11,273,000 against $9,784,000 a year ago. Net income available to common shareholders was $8.2 million or $0.95 per basic and diluted common share for the first six months of 2014, an increase of $855,000 or $0.10 per basic and diluted common share compared to the same period of 2013. The increase in net income is primarily attributed to an increase in noninterest income of $512,000 or 4.7%, lower noninterest expenses of $478,000 or 1.6%, and a decrease in the provision for loan losses of $262,000 or 26.4%. The $237,000 increase in net interest income was driven by lower interest expense of $905,000 or 14.6%, which offset a decrease in interest income of $668,000 or 2.0%. End of period tangible book value per common share was $20.75. Return on average assets was 0.91% against 0.82% a year ago. Return on average equity was 9.39% against 8.70% a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FFKT:US $22.44 USD -0.65

FFKT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for FFKT.
View Industry Companies
 

Industry Analysis

FFKT

Industry Average

Valuation FFKT Industry Range
Price/Earnings 13.0x
Price/Sales 2.1x
Price/Book 1.0x
Price/Cash Flow 11.2x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FARMERS CAPITAL BANK CORP, please visit www.farmerscapital.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.