First Savings Financial Stock Today

FSFG Stock  USD 16.75  0.08  0.48%   

Performance

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Odds Of Distress

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First Savings is trading at 16.75 as of the 28th of March 2024. This is a -0.48% down since the beginning of the trading day. The stock's lowest day price was 16.43. First Savings has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for First Savings Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Banks
IPO Date
7th of October 2008
Category
Financial Services
Classification
Financials
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. The company has 6.88 M outstanding shares of which 9.69 K shares are currently shorted by private and institutional investors with about 1.81 trading days to cover. More on First Savings Financial

First Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Savings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Savings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOLarry Myers
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering First Savings report their recommendations after researching First Savings' financial statements, talking to executives and customers, or listening in on First Savings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering First Savings Financial. The First consensus assessment is calculated by taking the average forecast from all of the analysts covering First Savings.
Financial Strength
Based on the key indicators related to First Savings' liquidity, profitability, solvency, and operating efficiency, First Savings Financial is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of First Savings Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00590.0032
Way Up
Very volatile
Asset Turnover0.0370.0342
Significantly Up
Pretty Stable
Total Current Liabilities10.8 M10.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total730.5 M695.7 M
Sufficiently Up
Slightly volatile
Total Assets2.8 B2.6 B
Sufficiently Up
Slightly volatile
Total Current Assets33.7 M35.5 M
Notably Down
Slightly volatile
First Savings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to First Savings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Savings' financial leverage. It provides some insight into what part of First Savings' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on First Savings' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how First Savings deploys its capital and how much of that capital is borrowed.
Liquidity
First Savings cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Stock Based Compensation

596,790
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. The company currently falls under 'Small-Cap' category with a current market capitalization of 115.29 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Savings's market, we take the total number of its shares issued and multiply it by First Savings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. First Savings Financial conducts business under Banks sector and is part of Financials industry. The entity has 6.88 M outstanding shares of which 9.69 K shares are currently shorted by private and institutional investors with about 1.81 trading days to cover. First Savings Financial currently holds about 40.34 M in cash with (1.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.73.
Check First Savings Probability Of Bankruptcy
Ownership Allocation
The market capitalization of First Savings Financial is $115.29 Million. 30% of First Savings Financial outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check First Ownership Details

First Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of First Savings jumping above the current price in 90 days from now is about 57.93%. The First Savings Financial probability density function shows the probability of First Savings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days First Savings Financial has a beta of -0.1937. This usually indicates as returns on benchmark increase, returns on holding First Savings are expected to decrease at a much lower rate. During the bear market, however, First Savings Financial is likely to outperform the market. Additionally, first Savings Financial has an alpha of 0.0793, implying that it can generate a 0.0793 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 16.75HorizonTargetOdds Above 16.75
41.71%90 days
 16.75 
57.93%
Based on a normal probability distribution, the odds of First Savings to move above the current price in 90 days from now is about 57.93 (This First Savings Financial probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) .

First Stock Institutional Holders

Institutional Holdings refers to the ownership stake in First Savings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Savings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Savings' value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
44.1 K
Bridgeway Capital Management, Llc2023-12-31
42 K
Empowered Funds, Llc2023-12-31
27.7 K
Lpl Financial Corp2023-12-31
23.1 K
Renaissance Technologies Corp2023-12-31
21.7 K
Stock Yards Bank & Trust Co2023-12-31
20.8 K
Goss Wealth Management Llc2023-12-31
19.2 K
State Street Corporation2023-12-31
17.4 K
Bank Of America Corp2023-12-31
16.9 K
Fj Capital Management Llc2023-09-30
394.5 K
Vanguard Group Inc2023-12-31
245.2 K
View First Savings Diagnostics

First Savings Historical Income Statement

First Savings Financial Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Savings Financial revenue and expense. First Savings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, First Savings' Operating Income is most likely to increase significantly in the upcoming years. The First Savings' current EBIT is estimated to increase to about 15.5 M, while Gross Profit is projected to decrease to roughly 50.8 M. View More Fundamentals

First Stock Against Markets

Picking the right benchmark for First Savings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Savings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Savings is critical whether you are bullish or bearish towards First Savings Financial at a given time. Please also check how First Savings' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First Savings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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First Savings Corporate Directors

First Savings corporate directors refer to members of a First Savings board of directors. The board of directors generally takes responsibility for the First Savings' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of First Savings' board members must vote for the resolution. The First Savings board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Martin PadgettDirectorProfile
Frank CzeschinIndependent DirectorProfile
John LawsonCOO, Corporate Secretary, Director, Chief Operations Officer of First Savings Bank and Director of First Savings BankProfile
Gerald ClappIndependent DirectorProfile

How to buy First Stock?

Before investing in First Savings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Savings. To buy First Savings stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Savings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase First Savings stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located First Savings Financial stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased First Savings Financial stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as First Savings Financial, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Stock please use our How to Invest in First Savings guide.

Already Invested in First Savings Financial?

The danger of trading First Savings Financial is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Savings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Savings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Savings Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for First Stock analysis

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.