FSFG Stock Overview
First Savings Financial Group, Inc. operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana.
First Savings Financial Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$23.82|
|52 Week High||US$29.98|
|52 Week Low||US$23.38|
|1 Month Change||-5.96%|
|3 Month Change||-2.93%|
|1 Year Change||-2.32%|
|3 Year Change||20.10%|
|5 Year Change||38.60%|
|Change since IPO||621.82%|
Recent News & Updates
|FSFG||US Banks||US Market|
Return vs Industry: FSFG exceeded the US Banks industry which returned -16.9% over the past year.
Return vs Market: FSFG exceeded the US Market which returned -20.4% over the past year.
|FSFG Average Weekly Movement||2.5%|
|Banks Industry Average Movement||3.8%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: FSFG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: FSFG's weekly volatility (2%) has been stable over the past year.
About the Company
First Savings Financial Group, Inc. operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.
First Savings Financial Group Fundamentals Summary
|FSFG fundamental statistics|
Is FSFG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FSFG income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.88|
|Net Profit Margin||15.67%|
How did FSFG perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Is FSFG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FSFG?
Other financial metrics that can be useful for relative valuation.
|What is FSFG's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does FSFG's PE Ratio compare to its peers?
|FSFG PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
PBAM Private Bancorp of America
CFST Communities First Financial
VABK Virginia National Bankshares
FSFG First Savings Financial Group
Price-To-Earnings vs Peers: FSFG is expensive based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (8.2x).
Price to Earnings Ratio vs Industry
How does FSFG's PE Ratio compare vs other companies in the US Banks Industry?
Price-To-Earnings vs Industry: FSFG is good value based on its Price-To-Earnings Ratio (8.3x) compared to the US Banks industry average (9.5x)
Price to Earnings Ratio vs Fair Ratio
What is FSFG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.3x|
|Fair PE Ratio||11.1x|
Price-To-Earnings vs Fair Ratio: FSFG is good value based on its Price-To-Earnings Ratio (8.3x) compared to the estimated Fair Price-To-Earnings Ratio (11.1x).
Share Price vs Fair Value
What is the Fair Price of FSFG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FSFG ($23.82) is trading below our estimate of fair value ($50.31)
Significantly Below Fair Value: FSFG is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: FSFG is poor value based on its PEG Ratio (1.7x)
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How is First Savings Financial Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FSFG's forecast earnings growth (4.9% per year) is above the savings rate (1.9%).
Earnings vs Market: FSFG's earnings (4.9% per year) are forecast to grow slower than the US market (13.7% per year).
High Growth Earnings: FSFG's earnings are forecast to grow, but not significantly.
Revenue vs Market: FSFG's revenue is expected to decline over the next 3 years (-26% per year).
High Growth Revenue: FSFG's revenue is forecast to decline over the next 3 years (-26% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FSFG's Return on Equity is forecast to be high in 3 years time
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How has First Savings Financial Group performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FSFG has high quality earnings.
Growing Profit Margin: FSFG's current net profit margins (15.7%) are lower than last year (21.5%).
Past Earnings Growth Analysis
Earnings Trend: FSFG's earnings have grown significantly by 29.8% per year over the past 5 years.
Accelerating Growth: FSFG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FSFG had negative earnings growth (-59.8%) over the past year, making it difficult to compare to the Banks industry average (20.7%).
Return on Equity
High ROE: FSFG's Return on Equity (11.4%) is considered low.
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How is First Savings Financial Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FSFG's Assets to Equity ratio (10x) is moderate.
Allowance for Bad Loans: FSFG has a sufficient allowance for bad loans (144%).
Low Risk Liabilities: 75% of FSFG's liabilities are made up of primarily low risk sources of funding.
Loan Level: FSFG has an appropriate level of Loans to Assets ratio (63%).
Low Risk Deposits: FSFG's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: FSFG has an appropriate level of bad loans (0.9%).
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What is First Savings Financial Group current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FSFG's dividend (2.18%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: FSFG's dividend (2.18%) is low compared to the top 25% of dividend payers in the US market (4.25%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FSFG has been paying a dividend for less than 10 years.
Growing Dividend: FSFG's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (17%), FSFG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Larry Myers (63 yo)
Mr. Larry W. Myers serves as the Chief Executive Officer and President of First Savings Financial Group, Inc. and First Savings Bank, F.S.B. (Clarksville, IN) (First Savings Bank) since 2009 and 2007 respe...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD1.09M) is below average for companies of similar size in the US market ($USD1.76M).
Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.
Experienced Management: FSFG's management team is seasoned and experienced (7.9 years average tenure).
Experienced Board: FSFG's board of directors are seasoned and experienced ( 12.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FSFG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First Savings Financial Group, Inc.'s employee growth, exchange listings and data sources
- Name: First Savings Financial Group, Inc.
- Ticker: FSFG
- Exchange: NasdaqCM
- Founded: 2008
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$169.563m
- Shares outstanding: 7.12m
- Website: https://www.fsbbank.net
Number of Employees
- First Savings Financial Group, Inc.
- 702 North Shore Drive
- Suite 300
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/29 00:00|
|End of Day Share Price||2022/06/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.