Welcome to our dedicated page for First Savings news (Ticker: FSFG), a resource for investors and traders seeking the latest updates and insights on First Savings stock.
First Savings Financial Group (NASDAQ: FSFG) delivers community-focused banking solutions across southern Indiana through its comprehensive services including consumer finance, wealth management, and specialized SBA lending. This news hub provides investors and stakeholders with timely updates on strategic developments and financial performance.
Access official press releases, earnings announcements, and operational updates in one centralized location. Our curated collection features critical information about commercial lending initiatives, leadership changes, and community reinvestment programs, helping you stay informed about this regional banking institution.
Regular updates covering financial results, regulatory filings, and service expansions ensure you never miss key developments. Discover how First Savings' commitment to local decision-making influences its triple net financing strategies and wealth management offerings through verified corporate communications.
Bookmark this page for ongoing access to First Savings' latest announcements. Check back frequently for essential updates that matter to investors, business partners, and the southern Indiana communities served by FSFG since 1937.
First Savings Financial Group (NASDAQ: FSFG) reported net income of $5.5 million, or $0.79 per diluted share, for Q2 2025, up from $4.9 million ($0.72 per share) in Q2 2024. Excluding nonrecurring items, net income was $5.3 million ($0.76 per share).
Key highlights include:
- Net interest income increased 11.6% to $16.0 million
- Net interest margin improved to 2.93% from 2.66%
- Nonperforming loans decreased by $4.2 million to $12.7 million
- Asset quality improved with nonperforming loans ratio decreasing to 0.67%
The company completed a bulk sale of $87.2 million in home equity lines of credit and saw total assets decrease to $2.38 billion from $2.45 billion. Total deposits decreased by $91.7 million, while stockholders' equity increased by $2.1 million to $179.2 million.
First Savings Financial Group (NASDAQ: FSFG) has declared a quarterly cash dividend of $0.16 per common share, payable on March 31, 2025, to stockholders of record as of March 14, 2025.
The company operates through First Savings Bank, an entrepreneurial community bank with fifteen depository branches across Southern Indiana. The bank maintains two national lending programs focusing on single-tenant net lease commercial real estate and SBA lending, with offices primarily in the Midwest region.
First Savings Financial Group (NASDAQ: FSFG) reported strong financial results for Q1 fiscal 2024. Net income reached $6.2 million ($0.89 per diluted share), compared to $920,000 ($0.13 per diluted share) in Q1 2023. The core banking segment posted net income of $6.4 million ($0.91 per diluted share).
Key highlights include a 9.6% increase in net interest income to $15.5 million and improved net interest margin of 2.75%. The company completed a strategic bulk sale of $87.2 million in home equity lines of credit, resulting in a $2.5 million net gain. This sale aims to enhance noninterest income, moderate loan-to-deposit ratio, and generate capital for potential debt retirement and share repurchases.
Total assets decreased to $2.39 billion, with net loans declining by $79.3 million. Total deposits decreased by $48.1 million, including a $72.1 million reduction in brokered deposits.
First Savings Financial Group (NASDAQ: FSFG) has declared a quarterly cash dividend of $0.15 per common share, payable on December 31, 2024, to stockholders of record as of December 16, 2024. The company also announced its annual stockholders meeting will be held on February 11, 2025. First Savings Bank operates fifteen depository branches in Southern Indiana and maintains two national lending programs focused on single-tenant net lease commercial real estate and SBA lending, with offices primarily in the Midwest.
First Savings Financial Group (NASDAQ: FSFG) reported net income of $13.6 million, or $1.98 per diluted share, for fiscal year 2024, compared to $8.2 million, or $1.19 per diluted share, in 2023. The core banking segment's net income was $16.9 million. Net interest income decreased $3.5 million to $58.1 million, with tax equivalent net interest margin declining to 2.68% from 3.10%. Total assets increased $161.5 million to $2.45 billion, with net loans held for investment growing by $193.6 million. The company ceased national mortgage banking operations and implemented expense reduction strategies, resulting in decreased noninterest expenses of $23.2 million.
First Savings Financial Group, Inc. (NASDAQ: FSFG) has announced a quarterly cash dividend of $0.15 per common share. The dividend will be paid on or about September 30, 2024 to stockholders of record as of the close of business September 13, 2024. First Savings Bank, the Company's subsidiary, is an entrepreneurial community bank headquartered in Jeffersonville, Indiana, operating fifteen depository branches in Southern Indiana. The Bank also runs two national lending programs focused on single-tenant net lease commercial real estate and SBA lending, with offices primarily in the Midwest. Known for its leadership in local communities and national lending programs, First Savings Bank aims to be the best community bank.
First Savings Financial Group (NASDAQ: FSFG) reported financial results for Q3 fiscal year 2024.
Net income for Q3 2024 was $4.1 million or $0.60 per diluted share, up from $2.3 million or $0.34 per diluted share in Q3 2023. Excluding nonrecurring items, net income was $3.5 million or $0.52 per diluted share.
Core banking net income for Q3 2024 was $4.7 million or $0.69 per diluted share, up from $2.9 million or $0.43 per diluted share in Q3 2023. Excluding nonrecurring items, core banking net income was $4.2 million or $0.61 per diluted share.
Net interest income decreased 2.2% to $14.5 million. Noninterest income decreased by $4.0 million, and noninterest expense decreased by $6.5 million. The company recorded net charge-offs of $105,000.
For the nine months ended June 30, 2024, net income was $9.9 million or $1.45 per diluted share, an increase from $8.9 million or $1.29 per diluted share in the same period in 2023.
Total assets increased by $104.6 million to $2.39 billion. Total liabilities increased by $87.6 million, primarily due to increased FHLB borrowings and deposits.
First Savings Financial Group (FSFG) announced a quarterly cash dividend of $0.15 per common share, payable on or about June 28, 2024, to stockholders of record as of June 14, 2024. The company, headquartered in Jeffersonville, Indiana, operates fifteen branches in Southern Indiana and has two national lending programs. FSFG's common shares trade on NASDAQ under the symbol 'FSFG'.