StockNews.com initiated coverage on shares of First Savings Financial Group (NASDAQ:FSFG – Free Report) in a report issued on Thursday morning. The firm issued a hold rating on the bank’s stock.
Separately, Piper Sandler increased their target price on shares of First Savings Financial Group from $19.00 to $21.00 and gave the company an overweight rating in a research report on Tuesday, February 6th.
Check Out Our Latest Stock Analysis on First Savings Financial Group
First Savings Financial Group Trading Up 0.7 %
First Savings Financial Group (NASDAQ:FSFG – Get Free Report) last announced its earnings results on Tuesday, January 30th. The bank reported $0.59 EPS for the quarter, topping the consensus estimate of $0.55 by $0.04. The firm had revenue of $16.90 million for the quarter, compared to the consensus estimate of $19.70 million. First Savings Financial Group had a return on equity of 7.97% and a net margin of 5.59%. On average, research analysts predict that First Savings Financial Group will post 1.39 EPS for the current fiscal year.
First Savings Financial Group Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, March 14th. This represents a $0.60 dividend on an annualized basis and a yield of 3.71%. This is a boost from First Savings Financial Group’s previous quarterly dividend of $0.14. First Savings Financial Group’s dividend payout ratio is 55.56%.
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.
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