First Savings Financial Group (NASDAQ:FSFG) Releases Quarterly Earnings Results, Misses Estimates By $0.06 EPS

First Savings Financial Group (NASDAQ:FSFG) released its earnings results on Tuesday. The bank reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.06), Zacks reports. First Savings Financial Group had a return on equity of 8.79% and a net margin of 10.10%.

First Savings Financial Group Stock Up 3.3 %

FSFG stock traded up $0.79 during midday trading on Thursday, reaching $24.74. 7,867 shares of the company were exchanged, compared to its average volume of 10,971. The stock’s 50-day simple moving average is $27.12 and its 200 day simple moving average is $25.02. First Savings Financial Group has a 1-year low of $14.55 and a 1-year high of $30.94. The company has a debt-to-equity ratio of 1.99, a quick ratio of 1.07 and a current ratio of 1.08. The company has a market cap of $170.92 million, a price-to-earnings ratio of 12.41 and a beta of 0.75.

First Savings Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.43%. The ex-dividend date was Monday, December 16th. First Savings Financial Group’s payout ratio is 30.30%.

Analyst Ratings Changes

FSFG has been the topic of several analyst reports. StockNews.com lowered First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday, January 14th. Piper Sandler lifted their target price on shares of First Savings Financial Group from $27.50 to $31.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th.

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.