First Savings Financial Group (NASDAQ:FSFG) Now Covered by Analysts at StockNews.com

Jul 5, 2024
first-savings-financial-group-(nasdaq:fsfg)-now-covered-by-analysts-at-stocknews.com

Research analysts at StockNews.com assumed coverage on shares of First Savings Financial Group (NASDAQ:FSFGGet Free Report) in a research note issued on Friday. The firm set a “hold” rating on the bank’s stock.

First Savings Financial Group Stock Performance

Shares of FSFG traded down $0.04 during trading hours on Friday, hitting $17.95. The stock had a trading volume of 440 shares, compared to its average volume of 5,377. The firm has a market capitalization of $123.50 million, a PE ratio of 16.66 and a beta of 0.73. The company has a debt-to-equity ratio of 2.21, a current ratio of 1.09 and a quick ratio of 1.08. The stock has a fifty day moving average price of $16.59 and a 200 day moving average price of $16.64. First Savings Financial Group has a 12 month low of $13.20 and a 12 month high of $18.80.

First Savings Financial Group (NASDAQ:FSFGGet Free Report) last released its earnings results on Thursday, April 25th. The bank reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.09. The company had revenue of $18.05 million for the quarter, compared to the consensus estimate of $18.00 million. First Savings Financial Group had a return on equity of 7.91% and a net margin of 5.59%. Analysts anticipate that First Savings Financial Group will post 1.5 EPS for the current year.


Hedge Funds Weigh In On First Savings Financial Group

An institutional investor recently raised its position in First Savings Financial Group stock. Empowered Funds LLC grew its holdings in First Savings Financial Group, Inc. (NASDAQ:FSFGFree Report) by 8.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,930 shares of the bank’s stock after acquiring an additional 2,209 shares during the period. Empowered Funds LLC owned about 0.44% of First Savings Financial Group worth $501,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 35.22% of the company’s stock.

First Savings Financial Group Company Profile

(Get Free Report)

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.

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