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

First Savings Financial Group (NASDAQ:FSFG) released its quarterly earnings data on Tuesday. The bank reported $0.62 earnings per share (EPS) 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 Trading Up 3.0 %

Shares of FSFG traded up $0.73 during trading hours on Thursday, hitting $24.68. 7,867 shares of the stock were exchanged, compared to its average volume of 10,971. The firm has a market capitalization of $170.50 million, a P/E ratio of 12.47 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 has a fifty-two week low of $14.55 and a fifty-two week high of $30.94. The business has a 50-day moving average of $27.12 and a 200-day moving average of $25.02.

First Savings Financial Group Announces Dividend

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

Analyst Ratings Changes

Several research firms have recently issued reports on FSFG. StockNews.com downgraded shares of First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, January 14th. Piper Sandler raised their target price 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.

About First Savings Financial Group

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.