Is FBK or FCAP more undervalued in 2026?

CirclFi compares FB Financial Corporation (FBK) and First Capital, Inc. (FCAP) using 13 institutional-grade valuation models. FBK has a Quality of Company score of 8.4/10 while FCAP scores 9.3/10.

Which is a better buy — FBK or FCAP?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do FBK and FCAP valuations compare?

FBK at $53.06 and FCAP at $61.91 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

FBK vs FCAP Valuation Comparison 2026 — Intrinsic Value Analysis

FBK

Banks - Regional

FB Financial Corporation

Quality

8.4

out of 10

Value Trap

SAFE

Price

$53.06

Last close

Models

12/13

Active

FCAP

Banks - Regional

First Capital, Inc.

Quality

9.3

out of 10

Value Trap

SAFE

Price

$61.91

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	FBK Fair Value	FBK Upside	FCAP Fair Value	FCAP Upside
Bayesian DCF	Intrinsic	$42.27	-20.3%	$88.64	+43.2%
Earnings Power Value	Intrinsic	$41.24	-22.3%	$44.62	-27.9%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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FBK vs FCAP — Which Stock Is More Undervalued?

FCAP scores higher with a 9.3/10 quality rating vs FBK's 8.4/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing FB Financial Corporation (FBK) and First Capital, Inc. (FCAP) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

FBK currently trades at $53.06 with a QOC of 8.4/10, while FCAP trades at $61.91 with a QOC of 9.3/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).