Stock fact sheet · data as of
First Bancorp of Indiana, Inc. (FBPI): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Defensive
Is FBPI undervalued?
First Bancorp of Indiana, Inc. (FBPI) closed at 14.50 on 16 Oct 2026, 36% above the GLS average fair value of 10.66. 4 of the 6 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
There is a wide gap between GLS Growth (3.13) and Graham Number (23.14). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files FBPI under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for FBPI
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 23.14 | +60% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 17.25 | +19% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 4.28 | -71% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 3.13 | -78% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 4.27 | -71% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 11.88 | -18% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -305.44 | -2206% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
First Bancorp of Indiana, Inc. scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 3.6/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 1.8%, ROE 4.8%, ROA 0.3% - with debt at 1.63 times equity and negative free cash flow.
The dividend yield is 2.00% at a payout ratio of 0%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold.
Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 1.8% |
|---|---|---|---|
| GLS Moat | 3.6 / 10 | ROE | 4.8% |
| Debt / equity | 1.63 | ROA | 0.3% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 25: No options
No options are listed on First Bancorp of Indiana, Inc. in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 25) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 0k shares a day on a market cap of $25M, with a beta of 0.15 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -36% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 5 / 15 | moat 3.6/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 0k shares/day, $25M cap, beta 0.15 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
First Bancorp of Indiana, Inc. reports earnings on 23 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to First Bancorp of Indiana, Inc. by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| FLEW Fleetwood Bank Corporation | 83.00 | 100.24 | +17% | 34No options | $25M |
| CTYP Community Bankers' Corporation | 10.80 | 14.45 | +25% | 39No options | $24M |
| MNBO MNB Holdings Corporation | 56.30 | 41.39 | -36% | 17No options | $26M |
| GTPS Great American Bancorp, Inc. | 72.30 | 270.12 | +73% | 39No options | $26M |
| CNAF Commercial National Financial Corporation | 8.38 | 8.66 | +3% | 39No options | $24M |
| BAFN BayFirst Financial Corp. | 6.34 | 333.00 | +98% | 39No options | $26M |
| CNBA Chester Bancorp, Inc. | 5.85 | 3.00 | -95% | 23No options | $26M |
| APLO Apollo Bancorp, Inc. | 52.00 | 69.13 | +25% | 39No options | $26M |
| HRGG Heritage NOLA Bancorp, Inc. | 21.30 | 5.53 | -285% | 23No options | $26M |
| SNNF Seneca Bancorp, Inc. | 12.85 | 11.11 | -16% | 39No options | $23M |
| TVLF Tennessee Valley Financial Holdings, Inc. | 12.54 | 18.67 | +33% | 38No options | $23M |
| MKIN MCNB Banks, Inc. | 21.00 | 19.11 | -10% | 20No options | $23M |
⚖ Compare FBPI with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about FBPI
Is FBPI undervalued right now?
No: at 14.50 the stock trades 36% above the GLS average fair value of 10.66 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of FBPI and what does it mean?
FBPI has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for FBPI?
10.66 per share as of 16 Oct 2026 - the simple average of the 6 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does First Bancorp of Indiana, Inc. report earnings next?
The next earnings report is due on 23 Oct 2026 (before the open), 7 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does FBPI have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on FBPI, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.