First Savings Financial Group (NASDAQ:FSFG – Get Free Report) released its quarterly earnings results on Thursday. The bank reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.05), reports. First Savings Financial Group had a net margin of 6.90% and a return on equity of 8.63%. The firm had revenue of $17.92 million during the quarter, compared to the consensus estimate of $19.00 million.
First Savings Financial Group Stock Performance
FSFG stock traded up $1.14 during trading on Friday, reaching $25.75. 19,363 shares of the stock were exchanged, compared to its average volume of 6,623. The stock has a 50 day simple moving average of $23.84 and a 200-day simple moving average of $19.84. The company has a current ratio of 1.16, a quick ratio of 1.09 and a debt-to-equity ratio of 2.83. The company has a market capitalization of $177.24 million, a P/E ratio of 23.84 and a beta of 0.73. First Savings Financial Group has a twelve month low of $13.20 and a twelve month high of $26.02.
First Savings Financial Group Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend was Friday, September 13th. First Savings Financial Group’s payout ratio is presently 55.56%.
Analyst Upgrades and Downgrades
Institutional Trading of First Savings Financial Group
An institutional investor recently raised its position in First Savings Financial Group stock. Empowered Funds LLC increased its position in First Savings Financial Group, Inc. (NASDAQ:FSFG – Free Report) by 8.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,930 shares of the bank’s stock after purchasing an additional 2,209 shares during the quarter. Empowered Funds LLC owned approximately 0.44% of First Savings Financial Group worth $501,000 at the end of the most recent quarter. Institutional investors and hedge funds own 35.22% of the company’s stock.
First Savings Financial Group Company Profile
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.
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