First Savings Financial Group (FSFG) AI Stock Analysis

• Market Cap: $207.16M
• Dividend Yield: 2.1%
• Average Volume (3M): 29.04K
• Price to Earnings (P/E): 8.9
• Beta (1Y): 0.45
• Revenue Growth: 7.69%
• EPS Growth: 69.41%
• Country: US
• Employees: 250
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.82
• Shares Outstanding: 6,977,308
• 10 Day Avg. Volume: 20,122
• 30 Day Avg. Volume: 29,042
• PEG Ratio: 0.18
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 1.21
• P/FCF Ratio: 1.80
• Enterprise Value/Market Cap: 2.99
• Enterprise Value/Revenue: 4.81
• Enterprise Value/Gross Profit: 7.84
• Enterprise Value/Ebitda: 23.45
• 1Y Price Target: $34.00
• Price Target Upside: 13.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: $33.00 ▲(9.82% Upside)

First Savings Financial Group's overall stock score is driven by strong technical indicators and attractive valuation. However, financial performance is a concern due to declining revenue growth, high leverage, and cash flow issues. The absence of earnings call data and corporate events limits further insights.

Positive Factors

Profitability

Strong profitability and operational efficiency indicate that FSFG can effectively manage costs and maintain healthy margins, which supports long-term financial stability and shareholder value.

Cost Management

Effective cost management, as reflected in robust profit margins, suggests FSFG's ability to sustain profitability even amid revenue pressures, enhancing its competitive position.

Operational Efficiency

Solid EBIT and EBITDA margins indicate efficient operations, suggesting FSFG can generate consistent earnings before interest, taxes, depreciation, and amortization, which is crucial for long-term growth.

Negative Factors

Declining Revenue Growth

Declining revenue growth indicates potential challenges in maintaining sales momentum, which could affect FSFG's ability to expand its market presence and compete effectively.

High Leverage

High leverage can pose financial risks and limit FSFG's financial flexibility, potentially impacting its ability to invest in growth opportunities or weather economic downturns.

Cash Flow Issues

Negative cash flow indicates declining cash generation capabilities, which could hinder FSFG's ability to fund operations, pay down debt, or invest in future growth, affecting long-term sustainability.

First Savings Financial Group Business Overview & Revenue Model

Company Description

First Savings Financial Group (FSFG) is a financial services organization that primarily operates in the banking sector, providing a range of products and services including savings and checking accounts, mortgages, consumer loans, and commercial lending. The company focuses on serving both individual and business clients, and it aims to enhance financial well-being through personalized services and innovative banking solutions. FSFG is dedicated to fostering community development and providing competitive financial products to meet the diverse needs of its clientele.

How the Company Makes Money

FSFG generates revenue primarily through interest income from loans issued to consumers and businesses. The company earns interest on mortgages, personal loans, and commercial loans, which are often structured with varying interest rates and terms. Additionally, FSFG benefits from non-interest income sources, such as fees from account maintenance, ATM usage, and transaction services. The company may also engage in investment activities, which can contribute to its earnings. Strategic partnerships with local businesses and community organizations can enhance its market presence and customer base, further driving revenue growth.

First Savings Financial Group Financial Statement Overview

Summary

First Savings Financial Group demonstrates strong profitability and operational efficiency with healthy profit margins. However, challenges include declining revenue growth, high leverage, and cash flow concerns, which could impact financial stability.

Income Statement

First Savings Financial Group shows a mixed performance in its income statement. The TTM data reveals a decline in revenue growth at -9.42%, indicating potential challenges in maintaining sales momentum. However, the company maintains a healthy gross profit margin of 61.40% and a net profit margin of 16.75%, reflecting strong cost management and profitability. The EBIT and EBITDA margins are also solid at 18.72% and 20.53%, respectively, suggesting efficient operations despite revenue pressures.

Balance Sheet

The balance sheet indicates a high debt-to-equity ratio of 2.52, which could pose financial risk if not managed carefully. However, the return on equity (ROE) is reasonable at 12.04%, showing the company is generating decent returns on shareholders' equity. The equity ratio stands at 7.61%, suggesting a relatively low proportion of equity financing compared to total assets, which may limit financial flexibility.

Cash Flow

Cash flow analysis highlights some concerns, with negative operating cash flow and free cash flow in the TTM period. The free cash flow growth rate is -21.72%, indicating declining cash generation capabilities. The operating cash flow to net income ratio is negative, suggesting cash flow issues relative to reported earnings. However, the free cash flow to net income ratio is slightly positive at 1.04, indicating that free cash flow covers net income, albeit marginally.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	128.75M	134.40M	128.52M	122.42M	185.62M	191.06M
Gross Profit	79.05M	67.38M	84.25M	109.97M	179.30M	172.56M
EBITDA	26.43M	16.98M	10.73M	19.76M	42.27M	48.60M
Net Income	21.56M	13.59M	8.17M	15.39M	29.57M	33.35M
Balance Sheet
Total Assets	2.42B	2.45B	2.29B	2.09B	1.72B	1.76B
Cash, Cash Equivalents and Short-Term Investments	262.04M	301.31M	259.07M	359.80M	242.33M	238.66M
Total Debt	463.65M	350.24M	411.63M	395.51M	259.87M	330.65M
Total Liabilities	2.23B	2.27B	2.14B	1.94B	1.54B	1.61B
Stockholders Equity	183.82M	177.12M	150.98M	151.56M	180.38M	157.27M
Cash Flow
Free Cash Flow	-25.84M	90.52M	29.80M	147.98M	109.25M	-147.00M
Operating Cash Flow	-24.93M	91.20M	32.76M	148.81M	114.89M	-139.69M
Investing Cash Flow	24.54M	-203.33M	-263.99M	-544.22M	-55.88M	-339.43M
Financing Cash Flow	10.10M	133.43M	220.41M	403.64M	-59.31M	471.42M

First Savings Financial Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 30.05
• 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 30.05 is below the 20-day moving average (MA) of 30.21, above the 50-day MA of 29.46, and above the 200-day MA of 26.35, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 50.59 is Neutral, neither overbought nor oversold. The STOCH value of 41.73 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
CFFI	74 Outperform	$225.54M	8.61	10.89%	2.58%	8.53%	42.73%
LCNB	72 Outperform	$220.60M	9.34	8.97%	5.66%	5.07%	228.39%
PVBC	70 Neutral	$225.15M	17.09	5.37%	―	-3.46%	133.45%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MYFW	68 Neutral	$225.38M	18.04	4.95%	―	1.53%	109.74%
FSFG	66 Neutral	$207.16M	8.94	12.50%	2.10%	7.69%	69.41%
ISTR	64 Neutral	$229.43M	10.45	8.53%	1.81%	-0.34%	27.03%

First Savings Financial Group Corporate Events

First Savings Financial Group Announces Merger Agreement

On September 24, 2025, First Savings Financial Group, Inc. (FSFG) announced a merger agreement with First Merchants Corporation, where FSFG will merge into First Merchants, with the latter as the surviving entity. This strategic move, expected to finalize in the first quarter of 2026, will see First Savings Bank merging into First Merchants Bank, potentially enhancing the market position of First Merchants. FSFG shareholders will receive 0.85 shares of First Merchants common stock for each FSFG share. The merger is subject to customary conditions, including regulatory and shareholder approvals, and includes a $10 million termination fee if FSFG withdraws under certain conditions. This agreement aims to strengthen the combined entity’s operational capabilities and market reach, impacting stakeholders by potentially increasing shareholder value and expanding service offerings.

The most recent analyst rating on (FSFG) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on First Savings Financial Group stock, see the FSFG Stock Forecast page.

First Savings Declares Quarterly Cash Dividend

On August 27, 2025, First Savings Financial Group, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.16 per common share, to be paid on or about September 30, 2025, to stockholders of record as of September 15, 2025. This announcement reflects the company’s commitment to providing returns to its shareholders and may enhance its attractiveness to investors, potentially impacting its market position positively.

The most recent analyst rating on (FSFG) stock is a Hold 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.

First Savings Financial Reports Strong Q3 Performance

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.