Larry Myers - First Savings CEO

FSFG Stock  USD 15.95  0.74  4.87%   

CEO

Mr. Larry W. Myers is President, Chief Executive Officer, Director of the Company and President, Chief Executive Officer of the Bank. Mr. Myeres joined First Savings Bank in 2005. Previously, he served as Chief Operations Officer of First Savings Bank. Before joining First Savings Bank, he served as an Area President of National City Bank in southern Indiana. Age 57. Director since 2005
Age 66
Address 702 North Shore Drive, Jeffersonville, IN, United States, 47130
Phone812 283 0724
Webhttps://www.fsbbank.net
Myers’ thirtythree years of experience in the local banking industry and involvement in business and civic organizations within the region in which the Bank conducts its business affords the Board valuable insight regarding business initiatives and operations of the Company and Bank. His knowledge of the Company’s and the Bank’s business, combined with his tenure and strategic vision, position him well for continued service as a director, and as President and Chief Executive Officer of the Company and Bank.

First Savings Management Efficiency

At this time, First Savings' Return On Equity is most likely to increase slightly in the upcoming years. At this time, First Savings' Intangible Assets are most likely to increase significantly in the upcoming years. The First Savings' current Return On Tangible Assets is estimated to increase to 0.01, while Non Currrent Assets Other are projected to decrease to (35.6 M). First Savings' management efficiency ratios could be used to measure how well First Savings manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 415.98 M in liabilities with Debt to Equity (D/E) ratio of 8.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist First Savings until it has trouble settling it off, either with new capital or with free cash flow. So, First Savings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Savings Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Savings' use of debt, we should always consider it together with cash and equity.

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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. First Savings Financial Group, Inc. was incorporated in 2008 and is based in Jeffersonville, Indiana. First Savings operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 550 people. First Savings Financial (FSFG) is traded on NASDAQ Exchange in USA. It is located in 702 North Shore Drive, Jeffersonville, IN, United States, 47130 and employs 370 people. First Savings is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Savings Financial Leadership Team

Elected by the shareholders, the First Savings' board of directors comprises two types of representatives: First Savings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Savings' management team and ensure that shareholders' interests are well served. First Savings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Savings' outside directors are responsible for providing unbiased perspectives on the board's policies.
CPA CPA, CFO VP
Martin Padgett, Director
Larry Myers, CEO and President Director, CEO of First Savings Bank and President of First Savings Bank and Director of First Savings Bank
Anthony Schoen, CFO of the Company and First Savings Bank
Frank Czeschin, Independent Director
John Lawson, COO, Corporate Secretary, Director, Chief Operations Officer of First Savings Bank and Director of First Savings Bank
Jacqueline Journell, Chief Officer
Gerald Clapp, Independent Director
Anthony CPA, CFO VP
Michael Ludden, Independent Chairman of the Board of the Company and First Savings Bank
Lenfield Basham, Executive Officer
Douglas York, Independent Director
Vaughn Timberlake, Independent Director
Samuel Eckart, Executive VP, Director, Area President of First Savings Bank and Director of First Savings Bank
Pamela BennettMartin, Independent Director
John Colin, Vice Chairman of the Board of the Company and First Savings Bank
Cecile Blau, Independent Director
Jonathan Handmaker, Officer

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Savings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether First Savings Financial is a strong investment it is important to analyze First Savings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Savings' future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Savings Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the First Savings Financial information on this page should be used as a complementary analysis to other First Savings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running First Savings' price analysis, check to measure First Savings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Savings is operating at the current time. Most of First Savings' value examination focuses on studying past and present price action to predict the probability of First Savings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Savings' price. Additionally, you may evaluate how the addition of First Savings to your portfolios can decrease your overall portfolio volatility.
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Is First Savings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Savings. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Savings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.68)
Dividend Share
0.56
Earnings Share
0.9
Revenue Per Share
11.801
Quarterly Revenue Growth
(0.20)
The market value of First Savings Financial is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Savings' value that differs from its market value or its book value, called intrinsic value, which is First Savings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Savings' market value can be influenced by many factors that don't directly affect First Savings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Savings' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Savings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Savings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.