First Savings Financial Group (FSFG) AI Stock Analysis

• Market Cap: $179.90M
• Dividend Yield: 2.38%
• Average Volume (3M): 51.55K
• Price to Earnings (P/E): 8.4
• Beta (1Y): 0.51
• Revenue Growth: 8.14%
• EPS Growth: 134.03%
• Country: US
• Employees: 250
• Sector: Financial
• Sector Strength: 75
• Industry: Banks - Regional
• EPS (TTM): 0.84
• Shares Outstanding: 6,919,136
• 10 Day Avg. Volume: 36,999
• 30 Day Avg. Volume: 51,549
• PEG Ratio: 0.79
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.45
• Enterprise Value/Market Cap: 3.58
• Enterprise Value/Revenue: 5.43
• Enterprise Value/Gross Profit: 22.52
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $32.50
• Price Target Upside: 25.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 65 Neutral
• Price Target: $28.00 ▲(7.69%Upside)

The overall stock score of 65 reflects a balanced assessment of FSFG's financial health, technical indicators, and valuation. Strong revenue growth and EBIT margins are offset by cash flow challenges. The stock's attractive valuation and dividend yield enhance its appeal, while technical indicators suggest a neutral market sentiment.

Positive Factors

Earnings Forecast

The analyst raised the price target to $31 due to higher expected earnings, which is toward the high end of the middle tier of valuations for high-quality Smid-Cap banks.

Financial Performance

FSFG reported core EPS of $0.76, beating consensus expectations due to a wider net interest margin and a positive contribution from the SBA banking segment.

Stock Recommendation

The Buy rating is reiterated with expectations of a 19.8% stock price appreciation and a dividend yield of 2.5%, resulting in an estimated 12-month total return of about 22%.

Negative Factors

Operational Challenges

Higher expenses and a loss in SBA banking led to a miss in core EPS for FSFG.

First Savings Financial Group Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

First Savings Financial Group makes money primarily through its banking operations, which include earning interest on loans and mortgages issued to individuals and businesses. The company also generates revenue from service fees associated with account maintenance, transaction processing, and wealth management services. Additionally, FSFG benefits from interest income on its investment portfolio. The company's earnings are significantly influenced by the interest rate environment, credit risk management, and its ability to attract and retain customer deposits. Strategic partnerships with financial technology providers and local businesses further enhance its revenue streams by expanding its customer base and service offerings.

First Savings Financial Group Financial Statement Overview

Summary

First Savings Financial Group shows strengths in revenue growth and EBIT margins, indicating operational efficiency. The balance sheet is robust with no debt, reducing financial risk. However, the company faces challenges with cash flow generation, potentially impacting liquidity. Net profit margins and equity ratios reveal areas for improvement. Overall, while the company maintains stable operations, it needs to address cash flow and leverage concerns to enhance financial health.

Income Statement

The income statement shows a mixed performance. The TTM gross profit margin is strong at approximately 98.63%, indicating efficient cost management. However, the net profit margin is around 14%, which is moderate. The revenue growth rate from the prior year to TTM is about 52%, showing significant growth. EBIT margin is solid at 42.94%, but EBITDA margin is low at 7.46%. Overall, while revenue and EBIT margins are strong, the net profit margin and EBITDA margin suggest areas for improvement.

Balance Sheet

The balance sheet shows a stable financial position with a strong equity base. The debt-to-equity ratio is effectively zero in TTM, indicating no debt reliance, which reduces financial risk. The return on equity is moderate at 10.73%, reflecting decent profitability. The equity ratio is 7.37%, which is low but typical for a banking institution with high liabilities. The absence of debt and moderate ROE are positive, but the low equity ratio indicates potential risk.

Cash Flow

The cash flow statement reveals challenges with cash generation and utilization. Free cash flow growth from the previous year is negative, indicating reduced cash availability. The operating cash flow to net income ratio is 0.45, suggesting moderate cash conversion efficiency. The free cash flow to net income ratio is 0.43, which is lower than desirable. This highlights issues in translating earnings into cash flow and suggests potential liquidity concerns.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	134.40M	128.52M	122.42M	185.62M	191.06M
Gross Profit	67.38M	84.25M	109.97M	179.30M	172.56M
EBITDA	16.98M	10.73M	19.76M	42.27M	48.60M
Net Income	13.59M	8.17M	15.39M	29.57M	33.35M
Balance Sheet
Total Assets	2.45B	2.29B	2.09B	1.72B	1.76B
Cash, Cash Equivalents and Short-Term Investments	301.31M	259.07M	359.80M	242.33M	238.66M
Total Debt	350.24M	411.63M	395.51M	269.87M	330.65M
Total Liabilities	2.27B	2.14B	1.94B	1.54B	1.61B
Stockholders Equity	177.12M	150.98M	151.56M	180.38M	157.27M
Cash Flow
Free Cash Flow	90.52M	29.80M	147.98M	109.25M	-147.00M
Operating Cash Flow	91.20M	32.76M	148.81M	114.89M	-139.69M
Investing Cash Flow	-203.33M	-263.99M	-544.22M	-55.88M	-339.43M
Financing Cash Flow	133.43M	220.41M	403.64M	-59.31M	471.42M

First Savings Financial Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FSFG, the sentiment is Positive. The current price of 26 is above the 20-day moving average (MA) of 25.99, above the 50-day MA of 25.85, and above the 200-day MA of 25.73, indicating a bullish trend. The MACD of 0.15 indicates Positive momentum. The RSI at 53.52 is Neutral, neither overbought nor oversold. The STOCH value of 34.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FSFG.

First Savings Financial Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CBNA	80 Outperform	$175.33M	7.66	18.94%	―	―	―
ISTR	77 Outperform	$214.80M	9.76	9.16%	1.95%	3.25%	47.03%
FRAF	72 Outperform	$189.83M	13.04	9.88%	3.07%	15.18%	―
Sector *	68 Neutral	$17.09B	11.26	9.71%	3.70%	11.16%	-4.08%
FSFG	65 Neutral	$179.90M	8.39	12.26%	2.38%	8.14%	134.03%
BCBP	60 Neutral	$150.86M	45.95	1.63%	7.28%	-5.18%	-83.93%
NKSH	60 Neutral	$182.88M	16.20	7.10%	5.25%	16.35%	-39.77%

First Savings Financial Group Corporate Events

First Savings Declares Quarterly Dividend for Shareholders

On May 23, 2025, First Savings Financial Group, Inc.’s Board of Directors declared a quarterly cash dividend of $0.16 per common share, to be paid on or about June 30, 2025, to stockholders of record as of June 13, 2025. This announcement underscores the company’s ongoing commitment to providing shareholder value and reflects its stable financial performance and strategic positioning within the community banking sector.

The most recent analyst rating on (FSFG) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on First Savings Financial Group stock, see the FSFG Stock Forecast page.