First Savings Financials
| FSFG Stock | USD 15.90 0.05 0.31% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Profit Margin | 0.12 | 0.0846 |
|
| |||||
| Return On Assets | 0.0059 | 0.0032 |
|
| |||||
| Return On Equity | 0.0556 | 0.0487 |
|
| |||||
| Debt Equity Ratio | 2.58 | 2.46 |
|
| |||||
| Operating Income | 15.5 M | 9.4 M |
|
| |||||
| Current Ratio | 2.95 | 3.11 |
|
|
The financial analysis of First Savings is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for First Savings includes many different criteria found on its balance sheet. For example, investors should never minimize First Savings' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor First Savings' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in First Savings.
Net Income |
|
With this module, you can analyze First financials for your investing period. You should be able to track the changes in First Savings individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
First | Select Account or Indicator |
Understanding current and past First Savings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Savings' financial statements are interrelated, with each one affecting the others. For example, an increase in First Savings' assets may result in an increase in income on the income statement.
The data published in First Savings' official financial statements usually reflect First Savings' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of First Savings Financial. For example, before you start analyzing numbers published by First accountants, it's critical to develop an understanding of what First Savings' liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of First Savings' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Savings' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in First Savings' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Savings Financial. Please utilize our Beneish M Score to check the likelihood of First Savings' management manipulating its earnings.
First Savings Stock Summary
First Savings competes with HMN Financial, Lake Shore, and Rhinebeck Bancorp. 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.Specialization | Financial Services, Banks - Regional |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US33621E1091 |
| CUSIP | 33621E109 |
| Location | Indiana; U.S.A |
| Business Address | 702 North Shore |
| Sector | Banks |
| Industry | Financials |
| Benchmark | NYSE Composite |
| Website | www.fsbbank.net |
| Phone | 812 283 0724 |
| Currency | USD - US Dollar |
You should never invest in First Savings without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of First Stock, because this is throwing your money away. Analyzing the key information contained in First Savings' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
First Savings Key Financial Ratios
Generally speaking, First Savings' financial ratios allow both analysts and investors to convert raw data from First Savings' financial statements into concise, actionable information that can be used to evaluate the performance of First Savings over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that First Savings Financial reports annually and quarterly.| Return On Equity | 0.0383 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.07 % |
First Savings Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.8B | 1.7B | 2.1B | 2.3B | 2.6B | 2.8B | |
| Net Debt | 296.9M | 236.4M | 314.2M | 385.1M | 442.9M | 465.1M | |
| Cash | 33.7M | 33.4M | 43.3M | 30.8M | 35.5M | 31.2M | |
| Other Assets | 1.3B | 1.2B | 1.6B | 2.2B | 2.6B | 2.7B | |
| Total Liab | 1.6B | 1.5B | 1.9B | 8.9M | 10.3M | 9.8M | |
| Total Current Assets | 242.2M | 246.4M | 381.5M | 30.8M | 35.5M | 33.7M | |
| Other Current Liab | (683K) | (258K) | (1.3M) | (8.9M) | (8.0M) | (7.6M) | |
| Other Liab | 2.1M | 2.9M | 62.5M | 81.9M | 94.2M | 98.9M | |
| Retained Earnings | 123.2M | 150.2M | 163.0M | 166.3M | 191.3M | 200.8M | |
| Accounts Payable | 683K | 258K | 1.3M | 8.9M | 10.3M | 10.8M | |
| Net Receivables | 6.5M | 6.2M | 8.3M | 7.8M | 9.0M | 9.4M | |
| Inventory | (50.6M) | (44.9M) | (43.6M) | 203K | 182.7K | 191.8K | |
| Intangible Assets | 26.7M | 55.0M | 68.0M | 63.4M | 72.9M | 76.5M | |
| Long Term Debt | 19.7M | 19.8M | 19.9M | 50.2M | 57.7M | 41.5M | |
| Other Current Assets | 44.9M | 43.6M | 13.4M | 42.2M | 38.0M | 36.1M | |
| Treasury Stock | (4.5M) | (4.3M) | (4.4M) | (9.2M) | (8.2M) | (7.8M) | |
| Net Tangible Assets | 109.8M | 146.2M | 169.5M | 142M | 163.3M | 109.3M | |
| Capital Surpluse | 27.5M | 27.5M | 25.7M | 26.8M | 24.1M | 26.9M |
First Savings Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what First Savings' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 10.5M | 8.1M | 10.3M | 41.7M | 47.9M | 50.3M | |
| Total Revenue | 180.5M | 177.6M | 111.9M | 86.9M | 100.0M | 50.8M | |
| Gross Profit | 180.5M | 177.6M | 111.9M | 86.9M | 100.0M | 50.8M | |
| Operating Income | 46.0M | 39.6M | 29.2M | 8.2M | 9.4M | 15.5M | |
| Ebit | 46.0M | 39.6M | 29.2M | 8.2M | 9.4M | 15.5M | |
| Ebitda | 47.9M | 41.9M | 31.6M | 8.2M | 9.4M | 16.6M | |
| Income Before Tax | 46.7M | 40.0M | 18.8M | 8.2M | 9.4M | 11.0M | |
| Net Income | 33.4M | 29.6M | 15.4M | 8.2M | 9.4M | 8.5M | |
| Income Tax Expense | 12.7M | 10.0M | 2.4M | 10K | 11.5K | 10.9K | |
| Tax Provision | 12.7M | 10.0M | 2.4M | 10K | 11.5K | 10.9K | |
| Net Interest Income | 49.4M | 57.2M | 59.9M | 61.6M | 70.8M | 46.6M | |
| Interest Income | 59.9M | 65.3M | 70.3M | 103.2M | 118.7M | 124.6M |
First Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Savings's current stock value. Our valuation model uses many indicators to compare First Savings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Savings competition to find correlations between indicators driving First Savings's intrinsic value. More Info.First Savings Financial is rated # 4 in return on equity category among related companies. It is rated # 4 in return on asset category among related companies reporting about 0.07 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Savings Financial is roughly 13.68 . At this time, First Savings' Return On Equity is most likely to increase slightly in the upcoming years.Comparative valuation analysis is a catch-all model that can be used if you cannot value First Savings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Savings' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Savings' earnings, one of the primary drivers of an investment's value.First Savings Financial Systematic Risk
First Savings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Savings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on First Savings Financial correlated with the market. If Beta is less than 0 First Savings generally moves in the opposite direction as compared to the market. If First Savings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Savings Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Savings is generally in the same direction as the market. If Beta > 1 First Savings moves generally in the same direction as, but more than the movement of the benchmark.
About First Savings Financials
What exactly are First Savings Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include First Savings' income statement, its balance sheet, and the statement of cash flows. Potential First Savings investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although First Savings investors may use each financial statement separately, they are all related. The changes in First Savings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Savings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze First Savings Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as First Savings is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of First has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if First Savings' financials are consistent with your investment objective using the following steps:- Review First Savings' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand First Savings' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare First Savings' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if First Savings' stock is overvalued or undervalued.
Today, most investors in First Savings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Savings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Savings growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
|
First Savings April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of First Savings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Savings Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Savings Financial based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Savings's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.91 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 1.89 |
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
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.