First Savings Financial (FSFG) Stock Analysis Report

1

General Information

First Savings Financial Group Inc provides various banking services to individuals and business customers in southern Indiana.

The bank accepts deposits from the general public & uses those funds, along with other borrowings, mainly to originate a residential mortgage, commercial mortgage, construction, commercial business, & consumer loans, and to a lesser extent, to invest in mortgage-backed securities and other debt securities. The company conducts lending and deposit activities mainly with individuals and small businesses in its market area. The bank operates in two segments: core banking, which accounts for the majority of revenue, and SBA lending.

2

First Savings Financial (FSFG) Stock Graph

3

How We Grade First Savings Financial (FSFG)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade First Savings Financial (FSFG) across the board compared to its closest peers.

4

Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

95.83

Growth measures a stock's combined historical expansion in earnings and revenue across multiple time periods, with emphasis on both long-term trends and recent performance.

78.16

Momentum measures a stock's relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

50.86

Quality is a composite ranking that evaluates a company's operational efficiency and financial health by analyzing historical profitability metrics and fundamental strength indicators on a percentile basis relative to peers.

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

5

Valuation

Earnings History (3 years)

It is important to look at a companies earnings history to see not only if they are profitable, but if their earnings are growing.

As you can see from the chart above, FSFG's earnings have fluctuated but has increased since, this is a positive sign for the stock.

6

Dividend

There are few things we like to see when evaluating the quality of a company's dividend history and future

Ideally, we would like to see a company have a long history of consistently high dividend payouts that have grown at a consistent rate. From here we want to be confident that this sort of dividend growth and consistency will persist into the future.

The chart below shows the historical trend in First Savings Financial (FSFG) dividend yield on an annual basis.

121.92%

First Savings Financial (FSFG) saw a increase in it's dividend yield since 2021

7

Company Financials

INCOME STATEMENT

The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is FSFG's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)

2021 ($)

2022 ($)

2023 ($)

2024 ($)

TTM ($)

Total Revenue

0.18

0.11

0.09

0.07

0.08

Operating Revenue

0.18

0.11

0.09

0.07

0.08

Cost Of Revenue

0.00

Gross Profit

0.00

Operating Expense

0.00

Selling General And Administration

0.11

0.07

0.05

0.04

Research and Development

0.00

Operating Income

0.00

Net Non-Operating Interest Income Expense

0.00

Other Income Expense

0.00

Other Non-Operating Income Expenses

0.00

Pre-Tax Income

0.04

0.02

0.01

0.03

Tax Provision

0.01

0.00

Net Income

0.03

0.02

0.01

0.02

Net Income Common Stockholders

0.03

0.02

0.01

0.02

Total Operating Income As Reported

0.00

Total Expenses

0.00

Net Income From Continuing And Discontinued Operation

0.03

0.02

0.01

0.02

Normalized Income

0.03

0.02

0.01

0.02

Interest Income

0.06

0.07

0.10

0.12

0.13

Interest Expense

0.01

0.04

0.06

Net Interest Income

0.06

EBIT

0.00

EBITDA

0.00

Reconciled Cost Of Revenue

0.00

Reconciled Depreciation

0.00

Normalized EBITDA

0.00

Tax Rate For Calcs

0.00

0.20

Tax Effect Of Unusual Items

0.00

BALANCE SHEET

The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)

2021 ($)

2022 ($)

2023 ($)

2024 ($)

TTM ($)

Total Assets

1.72

2.06

2.29

2.45

2.40

Current Assets

0.00

Total Non-Current Assets

0.00

Total Liabilities Net Minority Interest

1.54

1.91

2.14

2.27

2.21

Current Liabilities

0.00

Other Non-Current Liabilities

0.00

Total Equity Gross Minority Interest

0.18

0.15

0.18

0.19

Stockholders Equity

0.00

Total Capitalization

0.45

0.51

0.56

0.53

0.66

Common Stock Equity

0.18

0.15

0.18

0.19

Net Tangible Assets

0.12

0.07

0.08

0.16

0.18

Working Capital

0.00

Invested Capital

0.45

0.51

0.56

0.53

0.66

Tangible Book Value

0.12

0.07

0.08

0.16

0.18

Total Debt

0.27

0.36

0.41

0.35

0.46

Net Debt

0.23

0.31

0.38

0.30

0.43

Share Issued

0.01

Ordinary Shares Number

0.01

CASH FLOW STATEMENTS

A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.

FISCAL YEAR (BIL.)

2021 ($)

2022 ($)

2023 ($)

2024 ($)

TTM ($)

Cash Flow from Continuing Operating Activities

0.11

0.15

0.03

0.09

0.08

Net Income from Continuing Operations

0.03

0.02

0.01

0.02

Depreciation and Amortization

—

Deferred Tax

0.01

—

-0.02

—

Deferred Income Tax

0.01

—

-0.02

—

Stock-Based Compensation

—

Other Non-Cash Items

0.14

0.12

0.02

0.08

0.07

Change in Working Capital

-0.01

—

0.01

-0.01

Change in Receivables

—

Changes in Account Receivables

—

Change in Inventory

—

Change in Payables and Accrued Expense

—

0.01

—

-0.01

Change in Payable

—

0.01

—

-0.01

Change in Account Payable

—

0.01

—

-0.01

Change in Other Current Assets

—

0.01

—

Change in Other Current Liabilities

—

0.01

Change in Other Working Capital

-0.01

—

Cash Flow from Continuing Investing Activities

-0.06

-0.51

-0.26

-0.20

-0.04

Net PPE Purchase and Sale

-0.01

—

Net Business Purchase and Sale

—

Purchase of Business

—

Net Investment Purchase and Sale

-0.01

-0.16

0.08

-0.01

Purchase of Investment

-0.03

-0.21

-0.02

-0.03

Sale of Investment

0.02

0.06

0.10

0.01

Net Other Investing Changes

-0.01

—

Financing Cash Flow

-0.06

0.37

0.22

0.13

-0.06

Cash Flow from Continuing Financing Activities

-0.06

0.37

0.22

0.13

-0.06

Net Issuance Payments of Debt

-0.24

0.09

0.05

-0.06

0.11

Net Long-Term Debt Issuance

-0.21

0.08

0.06

-0.06

0.12

Long-Term Debt Issuance

0.46

1.16

7.45

1.99

2.50

Long-Term Debt Payments

-0.67

-1.08

-7.40

-2.05

-2.38

Net Short-Term Debt Issuance

-0.02

0.01

—

Net Common Stock Issuance

—

Common Stock Issuance

—

Common Stock Payments

—

Cash Dividends Paid

—

Net Other Financing Charges

—

End Cash Position

0.12

0.15

0.19

Changes in Cash

—

0.01

-0.01

0.02

-0.02

Beginning Cash Position

0.12

0.14

0.16

0.17

0.21

Capital Expenditure

-0.01

—

Issuance of Capital Stock

—

Issuance of Debt

0.46

1.16

7.45

1.99

2.50

Repayment of Debt

-0.67

-1.08

-7.40

-2.05

-2.38

Repurchase of Capital Stock

—

Free Cash Flow

0.11

0.15

0.03

0.09

0.08