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

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

First Savings Financial Group Stock Up 3.3 %

FSFG stock traded up $0.78 during trading hours on Thursday, reaching $24.73. 7,867 shares of the stock were exchanged, compared to its average volume of 10,971. The firm’s 50-day moving average is $27.12 and its 200-day moving average is $25.02. First Savings Financial Group has a 12 month low of $14.55 and a 12 month high of $30.94. The company has a market cap of $170.91 million, a price-to-earnings ratio of 12.49 and a beta of 0.75. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.08 and a quick ratio of 1.07.

First Savings Financial Group Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FSFG. Piper Sandler increased their price target on shares of First Savings Financial Group from $27.50 to $31.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. StockNews.com lowered shares of First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a 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.