First Savings Financial Group Inc (OQ:FSFG)

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 702 North Shore Drive, Suite 300
JEFFERSONVILLE IN 47130
Tel: N/A
Website: https://ir.fsbbank.net/corporate-profile/default.aspx
IR: See website
<
Key People
Larry W. Myers
President, Chief Executive Officer, Director
Anthony A. Schoen
Chief Financial Officer
Jackie Journell
Chief Operating Officer
Business Overview
First Savings Financial Group, Inc. is a holding company for First Savings Bank (the Bank). The Company's principal business activity is the ownership of the outstanding common stock of First Savings Bank. Its segments include core banking, Small Business Administration (SBA) lending, and mortgage banking. The core banking segment originates residential, commercial and consumer loans and attracts deposits from its customer base. The SBA lending segment originates loans guaranteed by the SBA, subsequently selling the guaranteed portion to outside investors. The mortgage banking segment originates residential mortgage loans and sells them in the secondary market. The Bank operates as a community-oriented financial institution, which offers traditional financial services to consumers and businesses in its primary market area. The Company provides a variety of banking services to individual and business customers through approximately 16 locations in southern Indiana.
Financial Overview
For the three months ended 31 December 2023, First Savings Financial Group Inc interest income increased 22% to $28.7M. Net interest income after loan loss provision decreased 10% to $13.7M. Net income decreased 68% to $920K. Net interest income after loan loss provision reflects Core Banking segment decrease of 8% to $13.2M, SBA Lending segment decrease of 24% to $542K, Net Interest Margin, Total -% decrease of 21% to 2.69%.
Employees: 370 as of Sep 30, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $146.25M as of Dec 31, 2023
Annual revenue (TTM): $108.40M as of Dec 31, 2023
EBITDA (TTM): $23.67M as of Dec 31, 2023
Net annual income (TTM): $6.22M as of Dec 31, 2023
Free cash flow (TTM): $92.48M as of Dec 31, 2023
Net Debt Last Fiscal Year: $30.96M as of Dec 31, 2023
Shares outstanding: 6,883,160 as of Feb 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.