First Savings Financial Group (NASDAQ:FSFG) Announces Earnings Results, Misses Expectations By $0.06 EPS

First Savings Financial Group (NASDAQ:FSFG) posted its quarterly earnings results on Tuesday. The bank reported $0.62 earnings per share (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 Trading Up 3.2 %

Shares of NASDAQ FSFG traded up $0.77 during trading on Thursday, hitting $24.72. 7,867 shares of the company were exchanged, compared to its average volume of 10,971. 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 fifty day moving average price of $27.12 and a 200-day moving average price of $25.02. First Savings Financial Group has a 12-month low of $14.55 and a 12-month high of $30.94. The firm has a market capitalization of $170.78 million, a PE ratio of 12.48 and a beta of 0.75.

First Savings Financial Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Piper Sandler increased their price target on First Savings Financial Group from $27.50 to $31.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. StockNews.com cut shares of First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, January 14th.

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.