FSFG dividend yield – First Savings Financial Group Declares 0.14 Cash Dividend.

Dividends Yield

On March 1 2023, First Savings Financial ($NASDAQ:FSFG) Group Inc. declared a 0.14 cash dividend per share. If you are looking for a dividend stock, FIRST SAVINGS FINANCIAL could be an interesting pick. Over the past three years, they have issued an annual dividend per share of 0.52, 0.51, and 0.51 USD yielding 1.69%, 2.18%, and 2.51%, respectively, with a two-year average yield of 2.13%.

In addition, their ex-dividend date is set to March 16 2023 making it an ideal option for those looking to invest in a reliable dividend stock. The dividend remains steady and it will be paid to all shareholders on record as of April 9 2023. This dividend can be reinvested back into the company to increase long-term growth and potential returns on investment. This makes FIRST SAVINGS FINANCIAL an attractive option for dividend investors who are looking for reliable returns over time. With this latest dividend declaration, FIRST SAVINGS FINANCIAL has once again proven to be a reliable source of dividends for investors. If you are looking for a sound investment with a steady return, FIRST SAVINGS FINANCIAL could be the perfect option for you.

Stock Price

Following the announcement, the stock opened at $19.4 and closed at $19.6, up 1.0% from the previous closing price of 19.4. This marks the first time in the company’s history that they have declared a cash dividend. The dividend reflects FIRST SAVINGS FINANCIAL Group Inc.’s commitment to returning value to its shareholders and investors. They believe that this dividend will boost the confidence of their stakeholders and deliver positive returns for the company in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for FSFG. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for FSFG. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for FSFG. More…

Key Ratios Snapshot

Some of the financial key ratios for FSFG are shown below. More…

Analysis – FSFG Stock Intrinsic Value

At GoodWhale, we recently conducted an analysis on FIRST SAVINGS FINANCIAL’s wellbeing. Our proprietary Valuation Line was applied to the company, and the results showed that the fair value of FIRST SAVINGS FINANCIAL share is around $21.6. Currently, FIRST SAVINGS FINANCIAL stock is being traded at $19.6, a fair price which is undervalued by 9.2%. This provides an attractive investment opportunity for those looking to add it to their portfolio. Investors who have been monitoring FIRST SAVINGS FINANCIAL’s performance have noted that the company has been steadily increasing its revenue, which has increased its long-term outlook. In addition, FIRST SAVINGS FINANCIAL has been actively reducing its debt, which has further strengthened its financial position. Therefore, based on the current trading price being lower than its fair value, this presents an opportunity for investors to reap gains from a potential increase in stock price when the market eventually catches up with the company’s improved financials. More…

Peers

First Savings Bank operates a total of 31 banking locations, including 25 full-service branches, four limited-service branches, and two loan production offices. First Savings Financial Group’s principal competitors include Mercantile Bank Corp., Mars Bancorp Inc., and Provident Financial Holdings Inc.

– Mercantile Bank Corp ($NASDAQ:MBWM)

Mercantile Bank Corporation is a bank holding company that was founded in Grand Rapids, Michigan in 1971. The company operates through its subsidiary, Mercantile Bank of Michigan. As of December 31, 2020, Mercantile Bank Corporation had $5.32 billion in total assets. The company offers a range of banking services to individuals and businesses, including checking and savings accounts, loans, and credit cards. Mercantile Bank Corporation is publicly traded on the Nasdaq Global Select Market under the ticker symbol “MBWM.”

– Mars Bancorp Inc ($OTCPK:MNBP)

The company’s market cap is 24M as of 2022. The company is a provider of banking and financial services. The company operates in two segments: Banking and Wealth Management. The Banking segment offers a range of deposit and loan products and services to individuals, families, and businesses. The Wealth Management segment provides investment management, financial planning, and trust services.

– Provident Financial Holdings Inc ($NASDAQ:PROV)

Provident Financial Holdings, Inc. is a bank holding company, which engages in the provision of banking and financial services through its subsidiary, Provident Savings Bank, F.S.B. It operates through the following segments: Banking Operations, Mortgage Banking, and Other. The Banking Operations segment offers deposit products, commercial and consumer loans, and other services. The Mortgage Banking segment provides mortgage loan origination, servicing, and secondary market sales. The Other segment comprises of holding real estate owned and investment securities. The company was founded in March 1983 and is headquartered in Riverside, CA.

Summary

FIRST SAVINGS FINANCIAL is a dividend stock that could be an attractive investment pick. Over the past three years, the company has issued an annual dividend per share of 0.52, 0.51, and 0.51 USD, respectively, yielding 1.69%, 2.18%, and 2.51%. This has resulted in a two-year average yield of 2.13%. Analyzing the dividend history could be an important step for investors when considering the stock for their portfolio.

In addition, analyzing the company’s financials, future prospects and risk factors should be a necessary step in the investment decision making process.