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. The company also provides loans, including one-to four-family residential real estate, commercial real estate, construction, land and land development, multi-family real estate, and commercial business loans, as well as consumer loans, such as automobile loans, home equity lines of credit, unsecured loans, and loans secured by deposits. In addition, it is involved in the mortgage banking; investment activities; and the provision of property and casualty insurance products, and reinsurance to other third-party insurance captives. The company operates 15 branches. First Savings Financial Group, Inc. was incorporated in 2008 and is based in Jeffersonville, Indiana.
First Savings Financial Group Stock Performance
Shares of FSFG traded down $0.08 during mid-day trading on Wednesday, reaching $23.66. 1,052 shares of the company's stock were exchanged, compared to its average volume of 6,141. The business's fifty day simple moving average is $23.78 and its 200-day simple moving average is $24.69. The stock has a market capitalization of $167.74 million, a PE ratio of 9.06 and a beta of 0.73. First Savings Financial Group has a 52-week low of $23.25 and a 52-week high of $29.98. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.10 and a quick ratio of 0.96.
First Savings Financial Group (NASDAQ:FSFG - Get Rating) last issued its quarterly earnings data on Monday, July 25th. The bank reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.29). The business had revenue of $25.94 million for the quarter, compared to analysts' expectations of $28.80 million. First Savings Financial Group had a return on equity of 10.55% and a net margin of 14.54%. On average, equities research analysts expect that First Savings Financial Group will post 2.67 earnings per share for the current year.
First Savings Financial Group Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Thursday, June 16th were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend was Wednesday, June 15th. First Savings Financial Group's dividend payout ratio is currently 19.85%.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on FSFG. Hovde Group assumed coverage on shares of First Savings Financial Group in a research note on Wednesday, May 18th. They issued an "outperform" rating and a $30.00 price objective for the company. StockNews.com initiated coverage on First Savings Financial Group in a research report on Wednesday. They issued a "hold" rating for the company.
Insider Buying and Selling at First Savings Financial Group
In related news, CEO Larry W. Myers bought 3,468 shares of the company's stock in a transaction dated Monday, June 13th. The shares were acquired at an average price of $24.19 per share, with a total value of $83,890.92. Following the completion of the acquisition, the chief executive officer now owns 84,687 shares in the company, valued at approximately $2,048,578.53. The transaction was disclosed in a document filed with the SEC, which is available through this link. 14.26% of the stock is owned by company insiders.