Western Standard LLC Invests $2.99 Million in 1st Capital Bancorp $FISB

Western Standard LLC purchased a new position in 1st Capital Bancorp (OTCMKTS:FISB) during the second quarter, HoldingsChannel reports. The firm purchased 88,357 shares of the company’s stock, valued at approximately $2,989,000. 1st Capital Bancorp accounts for approximately 1.0% of Western Standard LLC’s portfolio, making the stock its 20th biggest holding.

Several other institutional investors also recently bought and sold shares of the company. EJMK Ventures LLC bought a new stake in 1st Capital Bancorp during the 2nd quarter valued at about $383,000. Deutsche Bank AG purchased a new position in 1st Capital Bancorp in the second quarter worth about $4,057,000. BlackRock Inc. bought a new position in shares of 1st Capital Bancorp in the second quarter worth approximately $516,720,000. Finally, Denali Advisors LLC bought a new position in shares of 1st Capital Bancorp in the second quarter worth approximately $3,576,000. 8.13% of the stock is owned by hedge funds and other institutional investors.

1st Capital Bancorp Price Performance

OTCMKTS:FISB opened at $14.00 on Thursday. The company’s 50 day moving average price is $14.00 and its 200-day moving average price is $14.00. 1st Capital Bancorp has a 52 week low of $9.40 and a 52 week high of $14.00. The stock has a market cap of $78.47 million, a price-to-earnings ratio of 20.29 and a beta of 0.64.

1st Capital Bancorp Company Profile

1st Capital Bancorp is a bank holding company based in the United States and the parent of 1st Capital Bank. The institution focuses on providing commercial and consumer banking services to small and medium-sized businesses, individuals and nonprofit organizations.

Its product portfolio encompasses deposit accounts such as checking, savings and money market accounts, alongside lending solutions that include residential mortgages, business loans, lines of credit and equipment financing.