First Savings Financial Group (FSFG) AI Stock Analysis

• Market Cap: $219.37M
• Dividend Yield: 2%
• Average Volume (3M): 24.61K
• Price to Earnings (P/E): 10.1
• Beta (1Y): 0.43
• Revenue Growth: 7.93%
• EPS Growth: 134.03%
• Country: US
• Employees: 250
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.84
• Shares Outstanding: 6,977,308
• 10 Day Avg. Volume: 55,307
• 30 Day Avg. Volume: 24,615
• 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: 2.83
• Enterprise Value/Revenue: 4.81
• Enterprise Value/Gross Profit: 7.84
• Enterprise Value/Ebitda: 23.45
• 1Y Price Target: $31.50
• Price Target Upside: 0.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 68 Neutral
• Price Target: $35.00 ▲(11.32% Upside)

The overall stock score of 68 reflects strong technical momentum and reasonable valuation, offset by concerns about cash flow generation and liquidity. The absence of debt is a significant strength, but the high RSI suggests caution due to potential overbought conditions.

Positive Factors

Revenue Growth

A 52% revenue growth rate indicates strong market demand and successful business strategies, enhancing long-term financial stability.

Balance Sheet Strength

A robust balance sheet with no debt reduces financial risk and enhances the company's ability to invest in growth opportunities.

Merger Agreement

The merger with First Merchants Corporation is expected to enhance market reach and operational efficiencies, benefiting long-term growth.

Negative Factors

Cash Flow Challenges

Negative free cash flow growth suggests difficulties in cash generation, potentially impacting liquidity and operational flexibility.

Moderate Net Profit Margin

A moderate net profit margin indicates room for improvement in cost management and profitability, affecting long-term financial health.

Equity Ratio Concerns

A low equity ratio may signal potential risk in financial stability, affecting the company's ability to withstand economic downturns.

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

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 exhibits strong revenue growth and EBIT margins, indicating operational efficiency. The balance sheet is robust with no debt, reducing financial risk. However, challenges with cash flow generation and moderate net profit margins suggest potential liquidity concerns and areas for improvement.

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	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: 31.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 31.44 is above the 20-day moving average (MA) of 28.72, above the 50-day MA of 27.30, and above the 200-day MA of 25.71, indicating a bullish trend. The MACD of 1.26 indicates Negative momentum. The RSI at 67.78 is Neutral, neither overbought nor oversold. The STOCH value of 72.75 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
ISTR	77 Outperform	$224.32M	10.20	9.16%	1.88%	3.25%	47.03%
LCNB	73 Outperform	$212.50M	10.03	8.28%	5.87%	14.84%	169.99%
FSFG	68 Neutral	$219.37M	10.14	12.26%	2.00%	7.93%	134.03%
CFFI	68 Neutral	$219.07M	8.95	10.67%	2.69%	11.71%	32.12%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MYFW	63 Neutral	$221.28M	19.28	4.58%	―	0.35%	64.49%
PVBC	62 Neutral	$222.12M	19.92	4.59%	―	-3.01%	48.26%

First Savings Financial Group Corporate Events

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.