First Savings Financial Group, Inc.

NASDAQ•FSFG

CEO: Mr. Larry W. Myers

Sector: Financial Services

Industry: Banks - Regional

Listing Date: 2008-10-08

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 Core Banking and SBA Lending segments. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits. In addition, the company provides loans, including one-to four-family residential real estate, commercial real estate, construction, land and land development, multi-family real estate, and commercial business loans, as well as consumer loans, such as automobile, boat loan, truck loan, and auto loans; and home equity lines of credit. Further, it offers of property and casualty insurance products, and reinsurance to other third-party insurance captives. First Savings Financial Group, Inc. was incorporated in 2008 and is headquartered in Jeffersonville, Indiana.

Contact Information

702 North Shore Drive, Suite 300, Jeffersonville, IN, 47130, United States

812-283-0724

www.fsbbank.net

Market Cap

$238.37M

P/E (TTM)

10.1

14.6

Dividend Yield

1.9%

52W High

$34.10

52W Low

$21.63

52W Range

99%

Rank38Top 36.9%

4.3

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$36.96M-100.00%

4-Quarter Trend

EPS

$0.77+42.59%

4-Quarter Trend

FCF

$105.07M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Significantly Increased Net Income reached $23.16M, significantly up from $13.59M in 2024, driven by higher NII and noninterest income.

Net Interest Margin Improved NIM improved to 2.94% (up 26 basis points) driven by higher asset yields outpacing funding cost increases.

Asset Quality Shows Improvement NPL ratio improved to 0.77% (down from 0.85%), reflecting better credit performance across loan portfolios.

Capital Ratios Remain Robust Capital ratios remain strong; Consolidated Total Capital ratio stood at 12.77%, well above regulatory minimums.

Risk Factors

High CRE Loan Concentration Heavy CRE/Commercial loan concentration ($1.22B, 63.9% of portfolio) exposes earnings to potential market downturns.

Interest Rate Sensitivity Exposure EVE modeling shows significant projected NII decrease (12.40%) under a 300 basis point sustained rate increase scenario.

Pending Merger Execution Risk Substantial expenses incurred related to pending merger; completion depends on regulatory approvals and closing conditions.

Operational and Cyber Risks High volume of transactions creates significant operational risk, including potential cyber-attacks and system failures.

Outlook

Merger Closing Expected 2026 Merger with First Merchants Corporation is expected to close during the first calendar quarter of 2026, subject to approvals.

Focus on Commercial Lending Intent to increase origination of CRE and commercial business loans, subject to favorable market conditions and diversification goals.

Managing Short-Term Funding Large percentage of time deposits mature within one year, requiring active rate management to retain funding sources.

Dividend Policy Continuation Management intends to maintain regular quarterly cash dividends, subject to capital adequacy and regulatory guidelines.

Peer Comparison

Revenue (TTM)

INBK

$318.00M

-4.6%

CFFI

$183.79M

+10.1%

ISTR

$153.49M

-1.9%

Gross Margin (Latest Quarter)

OVLY

95.9%

+11.9pp

CBNA

91.8%

+0.4pp

LCNB

72.6%

+10.6pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
OVLY	$268.00M	11.0	12.7%	0.0%
ISTR	$266.30M	11.6	8.3%	5.4%
FVCB	$265.70M	12.0	8.9%	0.8%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-1.4%

Flat Growth

4Q Net Income CAGR

-5.4%

Declining Profitability

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:Apr 22, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data