First Savings Financial Group, Inc. (FSFG)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
First Savings Financial Group, Inc. (FSFG) trades at $33.98 with AI Score 47/100 (Grade C). First Savings Financial Group, Inc. is a bank holding company operating primarily in southern Indiana. Market cap: $238.37M, Sector: Financial services.
Price live · AI analysis from May 10, 2026Analyst Coverage for FSFG: FSFG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FSFG against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FSFG: the 1 perspectives are evenly split.
How is this calculated? →First Savings Financial Group, Inc. (FSFG) Financial Services Profile
First Savings Financial Group, Inc., based in southern Indiana, offers diverse financial services through core banking, SBA lending, and mortgage banking. With a $238.37M market cap and a P/E ratio of 10.1, the company operates 15 branches, focusing on community banking and specialized lending solutions.
What Is the Investment Thesis for FSFG?
First Savings Financial Group, Inc. presents a focused investment opportunity within the regional banking sector. With a market capitalization of $238.37M and a P/E ratio of 10.1, the company demonstrates a relatively stable valuation. A profit margin of 15.8% and a gross margin of 57.3% indicate effective cost management and profitability. The company's dividend yield of 1.88% provides a steady income stream for investors. Growth catalysts include expansion of SBA lending activities and strategic mortgage banking initiatives. Potential risks include interest rate sensitivity and competition from larger regional banks. The company's beta of 0.44 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
FSFG Key Highlights
- Market Cap of $238.37M indicates a mid-sized regional bank.
- P/E Ratio of 10.1 suggests a potentially undervalued stock compared to industry peers.
- Profit Margin of 15.8% demonstrates solid profitability.
- Gross Margin of 57.3% reflects efficient cost management.
- Dividend Yield of 1.88% provides a steady income stream for investors.
Who Are FSFG's Competitors?
FSFG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CASH Pathward Financial, Inc. | $89.31 | +0.66% | $1.89B | 93 |
| HBNC Horizon Bancorp, Inc. | $19.88 | +0.52% | $1.02B | 37 |
| WSBC WesBanco, Inc. | $39.93 | +0.74% | $3.84B | 95 |
| MCHB Mechanics Bank | $16.21 | +0.31% | 4B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
| ASBA Associated Banc-Corp | $24.53 | +0.25% | $4.05B | 67 |
| KEY KeyCorp | $23.35 | +1.43% | $25.20B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FSFG's Key Strengths?
- Strong local presence in southern Indiana.
- Diversified revenue streams through core banking, SBA lending, and mortgage banking.
- Experienced management team.
- Solid profitability with a profit margin of 15.8%.
What Are FSFG's Weaknesses?
- Limited geographic reach.
- Reliance on traditional banking services.
- Smaller market capitalization compared to larger regional banks.
- Sensitivity to interest rate fluctuations.
What Could Drive FSFG Stock Higher?
- Potential interest rate hikes by the Federal Reserve could increase net interest margin.
- Expansion of SBA lending activities to support small business growth.
- Implementation of digital banking enhancements to attract and retain customers.
- Strategic partnerships to expand mortgage banking services.
What Are the Key Risks for FSFG?
- Financial-distress signal — its Altman Z-Score of -0.44 sits in the distress zone (elevated bankruptcy risk).
- Economic downturn in southern Indiana could impact loan performance.
- Increased competition from larger regional banks.
- Regulatory changes could increase compliance costs.
- Interest rate sensitivity could impact profitability.
What Are the Growth Opportunities for FSFG?
- Expansion of SBA Lending: First Savings Financial Group can capitalize on the increasing demand for small business loans by expanding its SBA lending program. The SBA guarantees a portion of the loan, reducing the bank's risk and encouraging lending to small businesses. The market for SBA loans is estimated to be worth billions of dollars annually, providing a significant growth opportunity for First Savings Financial Group. Timeline: Ongoing.
- Strategic Mortgage Banking Initiatives: By focusing on niche mortgage products and strategic partnerships, First Savings Financial Group can increase its mortgage banking revenue. This includes offering specialized mortgage products for first-time homebuyers or focusing on underserved markets. The mortgage market is cyclical, but strategic initiatives can help mitigate risk and drive growth. Timeline: Ongoing.
- Digital Banking Enhancements: Investing in digital banking technologies can attract and retain customers, improve efficiency, and reduce operating costs. This includes developing a user-friendly mobile banking app, offering online account opening, and implementing digital marketing strategies. The digital banking market is growing rapidly, and First Savings Financial Group must adapt to remain competitive. Timeline: Ongoing.
- Geographic Expansion within Southern Indiana: First Savings Financial Group can expand its branch network within southern Indiana to reach new customers and increase its market share. This includes opening new branches in underserved areas or acquiring smaller community banks. Geographic expansion can drive deposit growth and increase lending opportunities. Timeline: Ongoing.
- Cross-Selling Financial Products: By cross-selling its various financial products, such as insurance and investment services, First Savings Financial Group can increase revenue per customer and improve customer loyalty. This includes training employees to identify customer needs and offer appropriate products and services. Cross-selling can be a cost-effective way to drive growth and improve profitability. Timeline: Ongoing.
What Opportunities Does FSFG Have?
- Expansion of digital banking services.
- Strategic acquisitions of smaller community banks.
- Increased focus on SBA lending.
- Cross-selling of financial products.
What Threats Does FSFG Face?
- Competition from larger regional and national banks.
- Disruption from fintech companies.
- Regulatory changes.
- Economic downturns.
What Are FSFG's Competitive Advantages?
- Strong local presence in southern Indiana.
- Established relationships with customers and businesses.
- Expertise in SBA lending.
- Community banking focus.
What Does FSFG Do?
First Savings Financial Group, Inc., established in 2008 and headquartered in Jeffersonville, Indiana, functions as the bank holding company for First Savings Bank. The bank delivers a comprehensive suite of financial services to consumers and businesses across southern Indiana. Its operations are structured into three primary segments: Core Banking, SBA Lending, and Mortgage Banking. The Core Banking segment encompasses traditional banking services, including deposit accounts such as checking, NOW, money market, regular savings, and time deposits. The bank also provides a variety of loan products, including one-to four-family residential real estate, commercial real estate, construction, land and land development, multi-family real estate, and commercial business loans. Additionally, it offers consumer loans like automobile loans, home equity lines of credit, unsecured loans, and loans secured by deposits. The SBA Lending segment focuses on providing Small Business Administration loans, supporting local businesses with access to capital. The Mortgage Banking segment is involved in originating and selling mortgage loans. Beyond lending and deposit services, First Savings Financial Group also engages in investment activities, offers property and casualty insurance products, and provides reinsurance to third-party insurance captives. With 15 branches, First Savings Financial Group maintains a strong local presence, emphasizing community banking relationships and tailored financial solutions.
What Products and Services Does FSFG Offer?
- Provides core banking services, including checking and savings accounts.
- Offers SBA lending to support small businesses.
- Engages in mortgage banking activities.
- Provides one-to four-family residential real estate loans.
- Offers commercial real estate and construction loans.
- Provides consumer loans, such as auto loans and home equity lines of credit.
- Engages in investment activities.
- Offers property and casualty insurance products.
How Does FSFG Make Money?
- Generates revenue from interest income on loans.
- Earns fees from mortgage banking activities.
- Receives income from investment activities.
- Collects premiums from property and casualty insurance products.
What Industry Does FSFG Operate In?
First Savings Financial Group, Inc. operates within the regional banking sector, which is characterized by intense competition and evolving customer preferences. The industry is undergoing digital transformation, with fintech companies challenging traditional banking models. Regional banks like First Savings Financial Group must adapt by enhancing their digital offerings and focusing on personalized customer service. The market is also influenced by regulatory changes and interest rate fluctuations. First Savings Financial Group's focus on community banking and SBA lending positions it to capitalize on local market opportunities.
Who Are FSFG's Key Customers?
- Consumers in southern Indiana seeking banking services.
- Small businesses in southern Indiana requiring loans.
- Individuals seeking mortgage loans.
- Customers needing property and casualty insurance.
How First Savings Financial Group, Inc. Is Valued
First Savings Financial Group, Inc. carries a market capitalization of $238.37M, placing it in the micro-cap category. Relative to its peer group, FSFG's quantitative score of 47/100 is below the peer average of 73/100.
ROE 9%Key Financial Metrics
Return on equity for First Savings Financial Group, Inc. stands at 9.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.7%, showing how much profit it generates from its asset base. FSFG trades at a trailing price-to-earnings ratio of 10.10, below the Financial Services sector average of ~18x. Its free cash flow yield is 33.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.17 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 7.2%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 7/9Financial Health
First Savings Financial Group, Inc.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of -0.44 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project First Savings Financial Group, Inc. revenue of about $90.8M for fiscal 2026, with EPS near $3.31.
FSFG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong local presence in southern Indiana.
- Diversified revenue streams through core banking, SBA lending, and mortgage banking.
- Experienced management team.
- Solid profitability with a profit margin of 15.8%.
Bear Case
- Limited geographic reach.
- Reliance on traditional banking services.
- Smaller market capitalization compared to larger regional banks.
- Sensitivity to interest rate fluctuations.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
FSFG Latest News
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Stocks That Hit 52-Week Highs On Friday
· Aug 27, 2021
FSFG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FSFG.
Price Targets
Wall Street price target analysis for FSFG.
FSFG MoonshotScore
What does this score mean?
The MoonshotScore rates FSFG's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Larry W. Myers
CEO
Larry W. Myers serves as the CEO of First Savings Financial Group, Inc., bringing extensive experience in the financial services industry. His career spans several decades, with a focus on community banking and strategic leadership. He has a strong background in financial management, risk assessment, and regulatory compliance. Mr. Myers is responsible for overseeing the company's overall strategy and operations, ensuring its continued growth and profitability. His leadership is instrumental in maintaining First Savings Financial Group's position as a trusted financial institution in southern Indiana.
Track Record: Under Larry W. Myers' leadership, First Savings Financial Group has maintained a consistent growth trajectory, expanding its services and strengthening its community ties. He has overseen the implementation of key strategic initiatives, including the expansion of SBA lending and the enhancement of digital banking capabilities. His focus on customer service and community engagement has contributed to the company's strong reputation and customer loyalty.
FSFG Financial Services Stock FAQ
What does First Savings Financial Group, Inc. do?
First Savings Financial Group, Inc. operates as the bank holding company for First Savings Bank, providing a range of financial services to consumers and businesses in southern Indiana. The company's core business revolves around accepting deposits, providing loans (including residential, commercial, and consumer loans), and engaging in mortgage banking activities. Additionally, First Savings Financial Group offers property and casualty insurance products and participates in investment activities. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking, focusing on community banking and specialized lending solutions within its geographic footprint.
What do analysts say about FSFG stock?
Analyst coverage of First Savings Financial Group, Inc. (FSFG) is limited, but key valuation metrics provide insights. The company's P/E ratio of 10.1 suggests a potentially undervalued stock compared to industry peers. The profit margin of 15.8% and gross margin of 57.3% indicate solid profitability and efficient cost management. Growth considerations include the company's ability to expand its SBA lending activities and enhance its digital banking capabilities. Investors should also consider potential risks, such as interest rate sensitivity and competition from larger regional banks. The company's dividend yield of 1.88% may be attractive to income-seeking investors.
What are the main risks for FSFG?
First Savings Financial Group, Inc. faces several key risks. Economic conditions in southern Indiana could impact loan performance, particularly in the residential and commercial real estate sectors. Increased competition from larger regional and national banks could erode market share. Regulatory changes, such as increased capital requirements, could increase compliance costs. Interest rate sensitivity is a significant risk, as changes in interest rates could impact net interest margin and profitability. Additionally, disruption from fintech companies could challenge the company's traditional banking model. Effective risk management and strategic adaptation are crucial for mitigating these risks.
What are the key factors to evaluate for FSFG?
First Savings Financial Group, Inc. (FSFG) holds an AI score of 47/100 (low). P/E: 10.1x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does FSFG data refresh on this page?
FSFG prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FSFG's recent stock price performance?
First Savings Financial Group, Inc. (FSFG) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong local presence in southern Indiana. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FSFG overvalued or undervalued right now?
First Savings Financial Group, Inc. (FSFG) trades at 10.1x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying FSFG?
Before investing in First Savings Financial Group, Inc. (FSFG), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are as of the latest available reporting period.