NasdaqCM:FSFG

Stock Analysis Report

First Savings Financial Group

Executive Summary

First Savings Financial Group, Inc. operates as the holding company for First Savings Bank that provides various banking products and services to consumers and businesses in southern Indiana.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • First Savings Financial Group is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has First Savings Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.4%

NasdaqCM:FSFG

-2.5%

US Banks

-0.7%

US Market


1 Year Return

-8.6%

NasdaqCM:FSFG

-14.2%

US Banks

-0.5%

US Market

FSFG outperformed the Banks industry which returned -14.2% over the past year.

FSFG underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

FSFGIndustryMarket
7 Day-0.4%-2.5%-0.7%
30 Day2.0%-6.1%-3.0%
90 Day-3.5%-3.8%0.9%
1 Year-7.7%-8.6%-11.8%-14.2%1.7%-0.5%
3 Year77.8%72.1%42.1%32.4%39.5%30.4%
5 Year162.3%145.9%53.3%36.7%54.1%37.0%

Price Volatility Vs. Market

How volatile is First Savings Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is First Savings Financial Group undervalued based on future cash flows and its price relative to the stock market?

9.7x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

First Savings Financial Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

First Savings Financial Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

First Savings Financial Group is good value based on earnings compared to the US Banks industry average.

First Savings Financial Group is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

First Savings Financial Group is poor value based on expected growth next year.


Price Based on Value of Assets

First Savings Financial Group is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is First Savings Financial Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

2.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

First Savings Financial Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

First Savings Financial Group's earnings are expected to grow by 2% yearly, however this is not considered high growth (20% yearly).

First Savings Financial Group's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

First Savings Financial Group's earnings growth is positive but not above the United States of America market average.

First Savings Financial Group's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if First Savings Financial Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has First Savings Financial Group performed over the past 5 years?

18.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

First Savings Financial Group's year on year earnings growth rate has been positive over the past 5 years.

First Savings Financial Group's 1-year earnings growth exceeds its 5-year average (37.6% vs 18.8%)

First Savings Financial Group's earnings growth has exceeded the US Banks industry average in the past year (37.6% vs 33.2%).


Return on Equity

First Savings Financial Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

First Savings Financial Group used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if First Savings Financial Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is First Savings Financial Group's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

First Savings Financial Group has an acceptable proportion of non-loan assets held.

First Savings Financial Group has a sufficient allowance for bad loans.

First Savings Financial Group's liabilities are made up of primarily low risk sources of funding.

First Savings Financial Group's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at First Savings Financial Group are broadly funded by customer deposits.

First Savings Financial Group has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is First Savings Financial Group's current dividend yield, its reliability and sustainability?

1.04%

Expected Dividend Yield


Dividend Yield and Payments Analysis

First Savings Financial Group's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

First Savings Financial Group's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Whilst dividend payments have been stable, First Savings Financial Group has been paying a dividend for less than 10 years.

Dividend payments have increased, but First Savings Financial Group only paid a dividend in the past 6 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (10.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of First Savings Financial Group's salary, the management and board of directors tenure and is there insider trading?

11.6yrs

Average management tenure


CEO

Larry Myers (61yo)

11.6yrs

Tenure

US$605,344

Compensation

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). Mr. Myers served as the  ...


CEO Compensation Analysis

Larry's remuneration is about average for companies of similar size in United States of America.

Larry's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

11.6yrs

Average Tenure

51yo

Average Age

The average tenure for the First Savings Financial Group management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

9.9yrs

Average Tenure

60.5yo

Average Age

The tenure for the First Savings Financial Group board of directors is about average.


Insider Trading

More shares have been bought than sold by First Savings Financial Group individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$96,07419 Jun 19
Frank Czeschin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,700
Max PriceUS$56.70
BuyUS$211,84117 Jun 19
Frank Czeschin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,592
Max PriceUS$59.00
SellUS$5,88523 May 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares101
Max PriceUS$59.53
SellUS$18723 May 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3
Max PriceUS$62.34
SellUS$22,28023 May 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares383
Max PriceUS$58.25
SellUS$3,84822 May 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares66
Max PriceUS$58.41
BuyUS$1,44320 May 19
Marie Haley
EntityIndividual
Shares25
Max PriceUS$57.74
SellUS$11,68020 May 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares200
Max PriceUS$58.50
SellUS$3,42209 May 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares59
Max PriceUS$58.00
SellUS$5,82509 May 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100
Max PriceUS$58.25
SellUS$11,62302 May 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares200
Max PriceUS$58.13
BuyUS$98,68414 Mar 19
Steven Stemler
EntityIndividual
Shares1,859
Max PriceUS$53.28
BuyUS$12,79113 Mar 19
Steven Stemler
EntityIndividual
Shares241
Max PriceUS$53.07
SellUS$44,83804 Mar 19
John Lawson
EntityIndividual
Role
Member of the Board of Directors
COO, Corporate Secretary & Director
Shares846
Max PriceUS$53.00
SellUS$8,18904 Mar 19
John Lawson
EntityIndividual
Role
Member of the Board of Directors
COO, Corporate Secretary & Director
Shares154
Max PriceUS$53.48
SellUS$28,06928 Feb 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares538
Max PriceUS$52.53
SellUS$21,99919 Feb 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares423
Max PriceUS$52.05
SellUS$249,97915 Feb 19
John Lawson
EntityIndividual
Role
Member of the Board of Directors
COO, Corporate Secretary & Director
Shares4,955
Max PriceUS$50.45
SellUS$99214 Feb 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares19
Max PriceUS$53.33
SellUS$52,40014 Feb 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,020
Max PriceUS$52.10
SellUS$102,09412 Feb 19
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,000
Max PriceUS$51.60
BuyUS$32,61217 Dec 18
Larry Myers
EntityIndividual
Role
Chief Executive Officer
President
Shares620
Max PriceUS$52.60
SellUS$38,64830 Nov 18
Samuel Eckart
EntityIndividual
Role
Member of the Board of Directors
Director
Shares666
Max PriceUS$58.03
BuyUS$6,07720 Nov 18
Larry Myers
EntityIndividual
Role
Chief Executive Officer
President
Shares103
Max PriceUS$59.00

Ownership Breakdown


Management Team

  • Larry Myers (61yo)

    President

    • Tenure: 11.6yrs
    • Compensation: US$605.34k
  • John Lawson (62yo)

    COO, Corporate Secretary & Director

    • Tenure: 11.6yrs
    • Compensation: US$352.60k
  • Tony Schoen (42yo)

    Executive VP & CFO

    • Tenure: 10.6yrs
    • Compensation: US$363.05k
  • Scott Carr (43yo)

    Chief Risk Officer

    • Tenure: 0.0yrs
  • Jackie Journell (51yo)

    Chief Accounting Officer

    • Tenure: 0.0yrs
  • Jonathan Handmaker

    • Tenure: 0.0yrs

Board Members

  • Michael Ludden (70yo)

    Vice Chairman

    • Tenure: 0.0yrs
    • Compensation: US$24.97k
  • Sam Eckart (69yo)

    Director

    • Tenure: 9.9yrs
    • Compensation: US$13.30k
  • Larry Myers (61yo)

    President

    • Tenure: 11.6yrs
    • Compensation: US$605.34k
  • John Lawson (62yo)

    COO, Corporate Secretary & Director

    • Tenure: 11.6yrs
    • Compensation: US$352.60k
  • Douglas York (57yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$16.49k
  • Pam Bennett-Martin (60yo)

    Director

    • Tenure: 10.6yrs
    • Compensation: US$14.25k
  • Chris Fordyce (63yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$9.70k
  • Frank Czeschin (58yo)

    Director

    • Tenure: 9.9yrs
    • Compensation: US$15.28k
  • John Colin (48yo)

    Chairman

    • Tenure: 2.5yrs
    • Compensation: US$16.41k
  • Martin Padgett (54yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: US$12.82k

Company Information

First Savings Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: First Savings Financial Group, Inc.
  • Ticker: FSFG
  • Exchange: NasdaqCM
  • Founded: 2008
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$142.263m
  • Shares outstanding: 2.34m
  • Website: https://www.fsbbank.net

Number of Employees


Location

  • First Savings Financial Group, Inc.
  • 501 East Lewis & Clark Parkway
  • Clarksville
  • Indiana
  • 47129
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FSFGNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDOct 2008

Biography

First Savings Financial Group, Inc. operates as the holding company for First Savings Bank that provides various banking products and services to consumers and businesses in southern Indiana. The company o ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:13
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.