Financial Performance - The Company reported net income of $6.2 million, or $0.89 per diluted share, for Q1 2025, compared to $920,000, or $0.13 per diluted share, for Q1 2024, representing a significant increase in profitability[1] - Net income attributable to the Company (GAAP) for Q4 2024 was $6,225,000, a significant increase from $920,000 in Q4 2023[19] - Diluted net income per share (GAAP) rose to $0.89 in Q4 2024, compared to $0.13 in Q4 2023[19] - Core Bank segment net income (GAAP) increased to $6,369,000 in Q4 2024 from $4,048,000 in Q4 2023[19] - Total noninterest income for Q4 2024 was $6,103,000, significantly higher than $2,782,000 in Q4 2023[21] - Total noninterest income for the three months ended December 31, 2024, was $6,103,000, significantly up from $2,782,000 in the same period of 2023, representing a year-over-year increase of 119%[22] - Net income for the Core Banking Segment was $6,369,000 for the three months ended December 31, 2024, compared to $4,048,000 in the same period of 2023, marking a year-over-year increase of 57.3%[23] - Total net income per share, basic, increased to $0.91 in Q4 2024 from $0.54 in Q3 2024, reflecting a growth of 68.5%[24] Interest Income and Margin - Net interest income increased by $1.3 million, or 9.6%, to $15.5 million for the three months ended December 31, 2024, driven by a $3.8 million increase in interest income[3] - The tax equivalent net interest margin improved to 2.75% for Q1 2025, up from 2.69% in Q1 2024[3] - Total interest income for Q4 2024 was $32,449,000, compared to $28,655,000 in Q4 2023[21] - Net interest income for the Core Banking Segment was $13,756,000 for the three months ended December 31, 2024, compared to $13,113,000 for the same period in 2023, reflecting a growth of 4.9%[23] - The weighted average yield on total interest-earning assets was 5.68% in September 2024, compared to 5.37% in December 2023, indicating an increase of 31 basis points[27] - The net interest margin (tax equivalent basis) was 2.75% in September 2024, compared to 2.69% in December 2023, indicating an improvement of 6 basis points[27] Assets and Liabilities - Total assets decreased by $61.6 million, from $2.45 billion at September 30, 2024, to $2.39 billion at December 31, 2024[8] - Total liabilities decreased by $60.5 million, primarily due to a $48.1 million decrease in total deposits[9] - Total assets as of December 31, 2024, were $2,388,735,000, compared to $2,308,092,000 as of December 31, 2023[21] - Total loans, net of allowance for credit losses, were $1,884,514,000 as of December 31, 2024, up from $1,841,953,000 a year earlier[21] - Total deposits increased to $1,832,774,000 as of December 31, 2024, from $1,683,846,000 in the previous year[21] - The total interest-bearing liabilities increased to $2,035,355 thousand in September 2024, up from $1,878,628 thousand in December 2023, reflecting a growth of 8.4%[27] Equity and Capital Management - Total stockholders' equity decreased by $1.1 million, from $177.1 million at September 30, 2024, to $176.0 million at December 31, 2024[10] - The Company plans to use surplus capital generated from the bulk sale to retire high-cost subordinated debt and repurchase common shares, focusing on maximizing shareholder value[2] Efficiency and Operational Metrics - Efficiency ratio (GAAP) improved to 69.29% in Q4 2024, down from 94.93% in Q4 2023[20] - The return on average assets increased to 1.02% for the three months ended December 31, 2024, up from 0.16% in the same period of 2023[22] - The efficiency ratio improved to 69.29% for the three months ended December 31, 2024, compared to 94.93% in the same period of 2023, indicating enhanced operational efficiency[22] - Core Banking's efficiency ratio improved to 66.15% in Q4 2024 from 64.50% in Q3 2024[24] Credit Quality - The Company recognized a reversal of provision for credit losses of $490,000 for loans, compared to a provision of $470,000 in the same period last year, primarily due to a bulk sale of approximately $87.2 million of home equity lines of credit[4] - Nonperforming loans as a percentage of total loans slightly increased to 0.87% as of December 31, 2024, from 0.83% in the same period of 2023[22] - The allowance for credit losses as a percentage of total loans was 1.09% as of December 31, 2024, compared to 1.01% in the same period of 2023, indicating a slight increase in provisions[22] Segment Performance - The SBA Lending Segment reported a net loss of $144,000 for the three months ended December 31, 2024, compared to a net loss of $470,000 in the same period of 2023, showing improvement[23] - The net gain on sales of loans in the Small Business Administration segment was $711,000 for the three months ended December 31, 2024, compared to $834,000 in the same period of 2023[22] - The company ceased its national mortgage banking operations in the quarter ended December 31, 2023, with subsequent immaterial mortgage lending activity reported within the Core Banking segment[23]

Company Overview - First Savings Financial (FSFG) is based in Jeffersonville and operates in the Finance sector, with shares experiencing a price change of -9.83% this year [3] - The company currently pays a dividend of $0.15 per share, resulting in a dividend yield of 2.51%, which is lower than the Financial - Savings and Loan industry's yield of 2.91% and the S&P 500's yield of 1.48% [3] Dividend Performance - FSFG's annualized dividend of $0.60 has increased by 1.7% from the previous year, with the company having raised its dividend five times over the last five years, averaging an annual increase of 25.25% [4] - The current payout ratio for FSFG is 28%, indicating that the company paid out 28% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, FSFG anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $2.65 per share, reflecting a year-over-year growth rate of 55.88% [5] Investment Considerations - FSFG is considered a compelling investment opportunity due to its strong dividend profile, despite the challenges faced by high-yielding stocks during periods of rising interest rates [7] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [7]

Core Financial Performance - The company reported net income of $6.2 million, or $0.89 per diluted share, for the quarter ended December 31, 2024, compared to $920,000, or $0.13 per diluted share, for the same quarter in 2023, indicating a significant increase in profitability [1][14] - Excluding nonrecurring items, the company reported a non-GAAP net income of $4.3 million, or $0.62 per diluted share, for the quarter ended December 31, 2024, compared to $920,000, or $0.13 per diluted share, for the same period in 2023 [1][17] - The core banking segment net income was $6.4 million, or $0.91 per diluted share, for the quarter ended December 31, 2024, compared to $4.0 million, or $0.59 per diluted share, for the same quarter in 2023 [1][18] Revenue and Income Analysis - Net interest income increased by $1.3 million, or 9.6%, to $15.5 million for the three months ended December 31, 2024, compared to the same period in 2023 [3][14] - The tax equivalent net interest margin for the quarter was 2.75%, up from 2.69% in the same period last year [3][25] - Noninterest income rose by $3.3 million for the three months ended December 31, 2024, primarily due to a $2.5 million net gain on the sale of loans from the bulk loan sale [5][14] Expense Management - Noninterest expense decreased by $1.1 million for the three months ended December 31, 2024, attributed to reductions in compensation and benefits, occupancy and equipment, and professional fees [6][14] - The efficiency ratio improved to 69.29% for the quarter, down from 94.93% in the same period last year, reflecting better cost management [14][25] Asset Quality and Credit Losses - The company recognized a reversal of provision for credit losses of $490,000 for loans and $7,000 for securities for the quarter ended December 31, 2024, compared to a provision for credit losses of $470,000 for loans in the same period last year [4][14] - Nonperforming loans decreased by $374,000 from $16.9 million at September 30, 2024, to $16.6 million at December 31, 2024 [4][15] Balance Sheet Overview - Total assets decreased by $61.6 million, from $2.45 billion at September 30, 2024, to $2.39 billion at December 31, 2024, primarily due to a $79.3 million decrease in net loans held for investment [8][15] - Total liabilities decreased by $60.5 million, mainly due to a $48.1 million decrease in total deposits [9][15] - Total stockholders' equity decreased by $1.1 million, from $177.1 million at September 30, 2024, to $176.0 million at December 31, 2024 [10][15]

Group 1: Company Overview - First Savings Financial (FSFG) is based in Jeffersonville and operates in the Finance sector, with shares experiencing a price change of -6.29% this year [3] - The company currently pays a dividend of $0.15 per share, resulting in a dividend yield of 2.41%, which is lower than the Financial - Savings and Loan industry's yield of 2.68% and the S&P 500's yield of 1.59% [3] Group 2: Dividend Performance - FSFG's current annualized dividend of $0.60 has increased by 1.7% from the previous year, and over the past five years, the company has raised its dividend five times, averaging an annual increase of 25.25% [4] - The company's payout ratio stands at 28%, indicating that it paid out 28% of its trailing 12-month earnings per share as dividends [4] Group 3: Earnings Growth Expectations - For the fiscal year, FSFG anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $2.65 per share, reflecting a year-over-year earnings growth rate of 55.88% [5] Group 4: Investment Considerations - FSFG is considered a compelling investment opportunity due to its strong dividend profile, despite the general trend that high-yielding stocks may struggle during periods of rising interest rates [7] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [7]

Company Overview - First Savings Financial (FSFG) is headquartered in Jeffersonville and operates in the Finance sector [1] - The stock has experienced a price change of 51.13% since the beginning of the year [1] - The company currently pays a dividend of $0.15 per share, resulting in a dividend yield of 2.36% [1] - In comparison, the Financial - Savings and Loan industry's yield is 3.06%, while the S&P 500's yield is 1.53% [1] Earnings and Growth - FSFG expects solid earnings growth for the fiscal year, with the Zacks Consensus Estimate for 2024 at $2.65 per share, indicating a year-over-year growth rate of 55.88% [4] - The company's current annualized dividend of $0.60 has increased by 1.7% from the previous year [7] - FSFG has raised its dividend 5 times over the last 5 years, with an average annual increase of 27.91% [7] - The current payout ratio is 28%, meaning the company paid out 28% of its trailing 12-month EPS as dividends [7] Investment Appeal - FSFG is considered an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 1 (Strong Buy) [5]

Company Overview - First Savings Financial (FSFG) is based in Jeffersonville and operates in the Finance sector, with shares experiencing a price change of 72.2% this year [3] - The company currently pays a dividend of $0.15 per share, resulting in a dividend yield of 2.07%, which is lower than the Financial - Savings and Loan industry's yield of 2.97% and the S&P 500's yield of 1.48% [3] Dividend Performance - FSFG's annualized dividend of $0.60 has increased by 1.7% from the previous year, with the company having raised its dividend five times over the last five years, averaging an annual increase of 27.91% [4] - The current payout ratio for FSFG is 28%, indicating that the company pays out 28% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2024, the Zacks Consensus Estimate projects earnings of $2.65 per share for FSFG, reflecting a year-over-year earnings growth rate of 55.88% [5] Investment Considerations - FSFG is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy), making it appealing to income investors [7]

Investors might want to bet on First Savings Financial (FSFG) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this bank holding company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong corre ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 1st:Sprouts Farmers Market (SFM) : This company which operates in a highly fragmented grocery store industry, has a unique model that features fresh produce, foods section, and a vitamin department focused on overall wellness, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.Sprouts Farmers Market’s sh ...

分组1 - First Savings Financial (FSFG) reported quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.58 per share, but showing an increase from $0.41 per share a year ago, resulting in an earnings surprise of -8.62% [1] - The company posted revenues of $17.92 million for the quarter ended September 2024, which was 5.69% below the Zacks Consensus Estimate and down from $20.98 million year-over-year [1] - Over the last four quarters, First Savings Financial has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [1] 分组2 - First Savings Financial shares have increased approximately 45% since the beginning of the year, outperforming the S&P 500's gain of 21.5% [2] - The company's earnings outlook is crucial for investors, as empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions [3] - The current consensus EPS estimate for the upcoming quarter is $0.53 on revenues of $18.8 million, and for the current fiscal year, it is $2.20 on revenues of $77.7 million [4] 分组3 - The Financial - Savings and Loan industry, to which First Savings Financial belongs, is currently ranked in the top 23% of over 250 Zacks industries, indicating a favorable outlook for the sector [5] - Another stock in the broader Zacks Finance sector, Main Street Capital, is expected to report quarterly earnings of $1.02 per share, reflecting a year-over-year change of +3%, with revenues projected at $137.57 million, up 11.6% from the previous year [5]

Core Points - First Savings Financial Group reported a net income of $13.6 million, or $1.98 per diluted share, for the year ended September 30, 2024, compared to $8.2 million, or $1.19 per diluted share, for the year ended September 30, 2023 [1] - The core banking segment net income increased to $16.9 million, or $2.47 per diluted share, for the year ended September 30, 2024, from $14.9 million, or $2.18 per diluted share, for the previous year [1] Financial Performance - Net interest income decreased by $3.5 million, or 5.7%, to $58.1 million for the year ended September 30, 2024, due to a $22.3 million increase in interest expense, partially offset by an $18.8 million increase in interest income [4] - The tax equivalent net interest margin for the year ended September 30, 2024, was 2.68%, down from 3.10% for the prior year [4] - Noninterest income decreased by $12.8 million for the year ended September 30, 2024, primarily due to a $14.1 million decrease in mortgage banking income following the cessation of national mortgage banking operations [6] - Noninterest expense decreased by $23.2 million for the year ended September 30, 2024, attributed to reductions in compensation and benefits, data processing expenses, and other operating expenses [7] Credit Quality - The company recognized a provision for credit losses for loans of $3.5 million for the year ended September 30, 2024, compared to $2.6 million for the prior year, primarily due to loan growth and the adoption of the Current Expected Credit Loss (CECL) methodology [5] - Nonperforming loans increased by $3.0 million from $13.9 million at September 30, 2023, to $16.9 million at September 30, 2024 [5] Balance Sheet Highlights - Total assets increased by $161.5 million, from $2.29 billion at September 30, 2023, to $2.45 billion at September 30, 2024 [15] - Net loans held for investment increased by $193.6 million, driven by growth in residential real estate, residential construction, and commercial real estate loans [15] - Total liabilities increased by $135.4 million, primarily due to a $199.1 million increase in total deposits [16] - Common stockholders' equity rose by $26.1 million, from $151.0 million at September 30, 2023, to $177.1 million at September 30, 2024 [17] Future Outlook - The company aims to focus on core banking, strong asset quality, selective high-quality lending, core deposit growth, and increased SBA lending volume for fiscal 2025 [2] - The management expressed confidence in the company's positioning for improved performance in fiscal 2025 and beyond, despite challenges in the economic environment [2]