First Savings Financial Group Inc
First Savings Financial Group, Inc. operates as the bank holding company for First Savings Bank that provides various financial services for individuals and business consumers in southern Indiana. The company operates through Core Banking and SBA Lending segments. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits. The compan… Read more
First Savings Financial Group Inc (FSFG) - Net Assets
Latest net assets as of September 2025: $193.48 Million USD
Based on the latest financial reports, First Savings Financial Group Inc (FSFG) has net assets worth $193.48 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.40 Billion) and total liabilities ($2.21 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $193.48 Million |
| % of Total Assets | 8.06% |
| Annual Growth Rate | 9.48% |
| 5-Year Change | 7.26% |
| 10-Year Change | 123.47% |
| Growth Volatility | 18.61 |
First Savings Financial Group Inc - Net Assets Trend (2003–2025)
This chart illustrates how First Savings Financial Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for First Savings Financial Group Inc (2003–2025)
The table below shows the annual net assets of First Savings Financial Group Inc from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $193.48 Million | +9.24% |
| 2024-09-30 | $177.12 Million | +17.31% |
| 2023-09-30 | $150.98 Million | -0.39% |
| 2022-09-30 | $151.56 Million | -15.97% |
| 2021-09-30 | $180.38 Million | +14.48% |
| 2020-09-30 | $157.56 Million | +29.94% |
| 2019-09-30 | $121.26 Million | +20.96% |
| 2018-09-30 | $100.25 Million | +7.66% |
| 2017-09-30 | $93.11 Million | +7.55% |
| 2016-09-30 | $86.58 Million | -8.24% |
| 2015-09-30 | $94.36 Million | +8.36% |
| 2014-09-30 | $87.08 Million | +5.87% |
| 2013-09-30 | $82.25 Million | -0.81% |
| 2012-09-30 | $82.93 Million | +8.26% |
| 2011-09-30 | $76.60 Million | +38.89% |
| 2010-09-30 | $55.15 Million | +4.30% |
| 2009-09-30 | $52.88 Million | +77.92% |
| 2008-09-30 | $29.72 Million | +0.20% |
| 2007-09-30 | $29.66 Million | +2.81% |
| 2006-09-30 | $28.85 Million | +1.27% |
| 2005-09-30 | $28.49 Million | +4.56% |
| 2004-09-30 | $27.25 Million | +3.38% |
| 2003-09-30 | $26.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Savings Financial Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 19211400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $192.11 Million | 99.29% |
| Common Stock | $79.00K | 0.04% |
| Other Comprehensive Income | $-15.09 Million | -7.80% |
| Other Components | $16.37 Million | 8.46% |
| Total Equity | $193.48 Million | 100.00% |
First Savings Financial Group Inc Competitors by Market Cap
The table below lists competitors of First Savings Financial Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bioneer Corporation
KQ:064550
|
$176.56 Million |
|
Savior Lifetec
TWO:4167
|
$176.57 Million |
|
CRAWFORD + CO. A NV
F:CWK0
|
$176.61 Million |
|
Iones Co. Ltd
KQ:114810
|
$176.62 Million |
|
29METALS Ltd
AU:29M
|
$176.50 Million |
|
Shenzhen Riland Industry Co
SHE:300154
|
$176.48 Million |
|
Wintao Communications Co. Ltd
SHE:301139
|
$176.45 Million |
|
Avax S.A
AT:AVAX
|
$176.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Savings Financial Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 177,115,000 to 193,479,000, a change of 16,364,000 (9.2%).
- Net income of 23,161,000 contributed positively to equity growth.
- Dividend payments of 4,384,000 reduced retained earnings.
- Share repurchases of 382,000 reduced equity.
- New share issuances of 62,000 increased equity.
- Other comprehensive income decreased equity by 3,892,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $23.16 Million | +11.97% |
| Dividends Paid | $4.38 Million | -2.27% |
| Share Repurchases | $382.00K | -0.2% |
| Share Issuances | $62.00K | +0.03% |
| Other Comprehensive Income | $-3.89 Million | -2.01% |
| Other Changes | $1.80 Million | +0.93% |
| Total Change | $- | 9.24% |
Book Value vs Market Value Analysis
This analysis compares First Savings Financial Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.90x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-09-30 | $3.82 | $33.98 | x |
| 2004-09-30 | $3.95 | $33.98 | x |
| 2005-09-30 | $4.13 | $33.98 | x |
| 2006-09-30 | $4.18 | $33.98 | x |
| 2007-09-30 | $4.30 | $33.98 | x |
| 2008-09-30 | $3.90 | $33.98 | x |
| 2009-09-30 | $7.61 | $33.98 | x |
| 2010-09-30 | $8.19 | $33.98 | x |
| 2011-09-30 | $11.66 | $33.98 | x |
| 2012-09-30 | $12.39 | $33.98 | x |
| 2013-09-30 | $12.08 | $33.98 | x |
| 2014-09-30 | $13.02 | $33.98 | x |
| 2015-09-30 | $13.99 | $33.98 | x |
| 2016-09-30 | $12.53 | $33.98 | x |
| 2017-09-30 | $13.23 | $33.98 | x |
| 2018-09-30 | $13.88 | $33.98 | x |
| 2019-09-30 | $17.01 | $33.98 | x |
| 2020-09-30 | $22.06 | $33.98 | x |
| 2021-09-30 | $25.14 | $33.98 | x |
| 2022-09-30 | $21.22 | $33.98 | x |
| 2023-09-30 | $21.94 | $33.98 | x |
| 2024-09-30 | $25.83 | $33.98 | x |
| 2025-09-30 | $27.73 | $33.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Savings Financial Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.83%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 12.40x
- Recent ROE (11.97%) is above the historical average (7.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 4.18% | 16.69% | 0.03x | 8.50x | $-1.53 Million |
| 2004 | 3.25% | 13.14% | 0.03x | 7.95x | $-1.84 Million |
| 2005 | 4.23% | 15.19% | 0.04x | 7.22x | $-1.64 Million |
| 2006 | 1.23% | 2.71% | 0.06x | 7.15x | $-2.53 Million |
| 2007 | 2.74% | 5.84% | 0.07x | 6.85x | $-2.15 Million |
| 2008 | -0.64% | -1.40% | 0.06x | 7.70x | $-3.16 Million |
| 2009 | 0.06% | 0.23% | 0.03x | 9.09x | $-5.25 Million |
| 2010 | 4.77% | 8.99% | 0.06x | 9.22x | $-2.89 Million |
| 2011 | 5.24% | 13.85% | 0.05x | 7.01x | $-3.65 Million |
| 2012 | 5.17% | 14.57% | 0.05x | 7.70x | $-4.01 Million |
| 2013 | 5.71% | 14.94% | 0.05x | 8.03x | $-3.53 Million |
| 2014 | 6.19% | 16.56% | 0.05x | 8.19x | $-3.32 Million |
| 2015 | 7.15% | 19.88% | 0.05x | 7.95x | $-2.68 Million |
| 2016 | 9.14% | 24.22% | 0.04x | 9.20x | $-747.00K |
| 2017 | 10.00% | 21.91% | 0.05x | 9.57x | $1.50K |
| 2018 | 11.03% | 19.67% | 0.05x | 10.47x | $1.02 Million |
| 2019 | 13.36% | 17.04% | 0.08x | 10.10x | $4.07 Million |
| 2020 | 21.21% | 17.46% | 0.11x | 11.22x | $17.63 Million |
| 2021 | 16.39% | 15.93% | 0.11x | 9.54x | $11.53 Million |
| 2022 | 10.15% | 12.57% | 0.06x | 13.81x | $229.50K |
| 2023 | 5.41% | 9.40% | 0.04x | 15.16x | $-6.93 Million |
| 2024 | 7.67% | 10.11% | 0.05x | 13.83x | $-4.12 Million |
| 2025 | 11.97% | 15.83% | 0.06x | 12.40x | $3.81 Million |
Industry Comparison
This section compares First Savings Financial Group Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $22,823,266,317
- Average return on equity (ROE) among peers: 14.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Savings Financial Group Inc (FSFG) | $193.48 Million | 4.18% | 11.40x | $176.52 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.91 Billion |
| ACNB Corporation (ACNB) | $106.80 Million | 8.72% | 8.79x | $452.68 Million |
| Addiko Bank AG (ADBKF) | $6.08 Billion | 0.58% | 0.00x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $80.78 Million | 3.82% | 9.53x | $79.98 Million |
| Absa Group Limited (AGRPF) | $56.49 Billion | 12.11% | 11.71x | $6.72 Billion |
| AIB Group plc (AIBGY) | $2.74 Billion | 18.02% | 16.84x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $153.61 Billion | 39.08% | 6.47x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $8.37 Billion | 34.92% | 7.81x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $235.94 Million | 14.17% | 11.96x | $248.47 Million |