Short answer: It depends which "First Capital" you mean — there are several firms with that name — but the largest publicly traded one, First Capital REIT (TSX: FCR.UN, a Canadian retail real‑estate trust), was reporting strong operating results and high occupancy as of early‑2025. That doesn’t mean it’s automatically “safe” for your portfolio — real‑estate REITs have specific risks (interest‑rate sensitivity, tenant mix, local market cycles) you should evaluate before investing. (Newswire.ca)

Details and what to check

• Which entity: “First Capital” can refer to different companies (e.g., First Capital REIT in Canada; small regional banks/holding companies using names like 1st Capital or First Capital; various private investment firms). Be sure you’ve identified the exact legal entity and ticker or registration. (en.wikipedia.org)
• The public REIT (First Capital REIT, TSX: FCR.UN): recent (Q4 2024 and Q1 2025) filings and press releases show strong leasing, occupancy ~96–97% and same‑property NOI growth; it raised distributions modestly in late‑2024/early‑2025. Those are positive operational signals but don’t eliminate macro/sector risks. (Newswire.ca)
• Bank / other entities: some small banks with similar names have been involved in mergers or restructurings (for example, 1st Capital Bancorp completed a merger in 2024). If you mean a bank, check FDIC/OSFI (or local regulator) status, deposit insurance, and recent regulatory news. (prnewswire.com)
• Key risks to evaluate for any “First Capital” investment:
  • Business model and sector exposure (retail real estate vs. banking vs. private lending).
  • Financial health: recent earnings, funds from operations (FFO) for REITs, loan loss reserves and capital ratios for banks, debt maturities and leverage.
  • Sensitivity to interest rates and economic downturns.
  • Tenant concentration (for a REIT) or geographic concentration.
  • Governance, insider ownership and dividend/distribution policy.
  • Credit ratings or analyst coverage (if available).
• Where to get reliable information: the company’s investor relations page and most recent quarterly/annual filings (SEDAR+ for Canadian issuers; EDGAR for U.S. public companies), major business news outlets, and credit‑rating agencies if the company is rated. For banks, check regulator pages and FDIC/OSFI status.

Practical next steps

• If you mean First Capital REIT (TSX: FCR.UN): read the most recent quarterly report and management discussion (Q1 2025 results were published May 2025) and check valuation metrics (price vs. NAV, FFO yield), payout sustainability, and how much of its rent comes from grocery/essential tenants. (Newswire.ca)
• If you mean a different “First Capital”: give me the exact company name, ticker, or website and I’ll pull up the latest filings and risk factors for that entity.
• Consider talking to a licensed financial advisor to see whether the specific First Capital fits your risk tolerance, time horizon, and portfolio diversification needs.

If you want, tell me which First Capital (ticker, country, or website) and I’ll fetch the latest filings, credit/rating info, and a short risk/valuation summary.