First Savings Financial Reports Strong Q3 Performance

First Savings Financial ( (FSFG) ) has released its Q3 earnings. Here is a breakdown of the information First Savings Financial presented to its investors.

First Savings Financial Group, Inc., headquartered in Jeffersonville, Indiana, operates as the holding company for First Savings Bank, providing community banking services and specializing in SBA lending and single-tenant net lease commercial real estate. The company recently reported its financial results for the third fiscal quarter ended June 30, 2025, showcasing a notable increase in net income and improved financial metrics compared to the same period last year.

In the third fiscal quarter of 2025, First Savings Financial reported a net income of $6.2 million, or $0.88 per diluted share, marking a significant improvement from the $4.1 million, or $0.60 per diluted share, reported in the same quarter of 2024. The company’s net interest income rose by 15.1% to $16.7 million, driven by a combination of increased interest income and reduced interest expenses. Additionally, the SBA Lending segment continued to show profitability, contributing positively to the company’s overall performance.

Key financial highlights include a 32 basis point increase in the net interest margin, reaching 2.99% for the quarter. Noninterest income saw a boost of $1.3 million, largely due to gains from sales of SBA loans and home equity lines of credit. Despite an increase in noninterest expenses, primarily due to higher compensation and benefits, the company’s efficiency ratio improved, reflecting better cost management.

Looking ahead, First Savings Financial remains optimistic about its future performance, with expectations of further net interest margin expansion and continued profitability from its SBA Lending segment. The company plans to focus on customer deposit growth, selective loan growth opportunities, and maintaining strong asset quality, all while exploring strategies to maximize shareholder value.