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. More Details
No risks detected for FSFG from our risk checks.
Flawless balance sheet with proven track record.
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
Stable Share Price: FSFG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: FSFG's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FSFG exceeded the US Banks industry which returned -20.3% over the past year.
Return vs Market: FSFG underperformed the US Market which returned 19% over the past year.
Long-Term 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
3 weeks ago | Simply Wall StHow Does First Savings Financial Group, Inc. (NASDAQ:FSFG) Stand Up To These Simple Dividend Safety Checks?
1 month ago | Simply Wall StWhat Type Of Shareholders Make Up First Savings Financial Group, Inc.'s (NASDAQ:FSFG) Share Registry?
2 months ago | Simply Wall StFirst Savings Financial Group, Inc. (NASDAQ:FSFG) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Is First Savings Financial Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FSFG ($64.9) is trading above our estimate of fair value ($60.69)
Significantly Below Fair Value: FSFG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FSFG is good value based on its PE Ratio (4.6x) compared to the US Banks industry average (11.2x).
PE vs Market: FSFG is good value based on its PE Ratio (4.6x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FSFG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FSFG's PB Ratio (1x) is in line with the US Banks industry average.
How is First Savings Financial Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Banks industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if FSFG's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if FSFG's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if FSFG's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if FSFG's revenue is forecast to grow faster than 20% 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
How has First Savings Financial Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FSFG has high quality earnings.
Growing Profit Margin: FSFG's current net profit margins (19.3%) are lower than last year (19.6%).
Past Earnings Growth Analysis
Earnings Trend: FSFG's earnings have grown significantly by 27% per year over the past 5 years.
Accelerating Growth: FSFG's earnings growth over the past year (106.1%) exceeds its 5-year average (27% per year).
Earnings vs Industry: FSFG earnings growth over the past year (106.1%) exceeded the Banks industry -4.3%.
Return on Equity
High ROE: Whilst FSFG's Return on Equity (21.63%) is high, this metric is skewed due to their high level of debt.
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
Financial Institutions Analysis
Asset Level: FSFG's Assets to Equity ratio (11.2x) is moderate.
Allowance for Bad Loans: FSFG has a sufficient allowance for bad loans (125%).
Low Risk Liabilities: 65% 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 (62%).
Low Risk Deposits: FSFG's Loans to Deposits ratio (104%) is appropriate.
Level of Bad Loans: FSFG has an appropriate level of bad loans (1.2%).
What is First Savings Financial Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FSFG's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: FSFG's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (4.15%).
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 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (4.7%), FSFG's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Larry Myers (62 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). Mr. Myers served as the ...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD689.61K) is below average for companies of similar size in the US market ($USD1.12M).
Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.
|Executive VP||11.83yrs||US$439.60k||2.24% |
|Corporate Secretary & Director||12.83yrs||US$393.19k||0.82% |
|Chief Operating Officer||0.83yr||no data||0.62% |
|Executive VP & Chief Information Officer||0.83yr||no data||0.26% |
|Chief Risk Officer||no data||no data||0.055% |
|no data||no data||no data|
Experienced Management: FSFG's management team is seasoned and experienced (6.3 years average tenure).
|Corporate Secretary & Director||12.83yrs||US$393.19k||0.82% |
|Independent Director||1.75yrs||US$20.00k||0.14% |
|Independent Director||12.83yrs||US$30.10k||1.73% |
|Independent Director||11.83yrs||US$25.06k||0.34% |
|Independent Director||3.83yrs||US$24.40k||0.55% |
|Independent Director||11.17yrs||US$27.50k||0.62% |
|Independent Chairman||3.75yrs||US$28.91k||0.11% |
|Independent Director||3.67yrs||US$27.46k||0.084% |
|Independent Director||0.75yr||no data||0.021% |
Experienced Board: FSFG's board of directors are seasoned and experienced ( 11.2 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 company bio, employee growth, exchange listings and data sources
- Name: First Savings Financial Group, Inc.
- Ticker: FSFG
- Exchange: NasdaqCM
- Founded: 2008
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$153.457m
- Shares outstanding: 2.36m
- Website: https://www.fsbbank.net
Number of Employees
- First Savings Financial Group, Inc.
- 702 North Shore Drive
- Suite 300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FSFG||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Oct 2008|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/25 00:36|
|End of Day Share Price||2020/11/24 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.