First Savings Financial Group Inc (FSFG) - Net Assets
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. Check FSFG cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore FSFG current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of First Savings Financial Group Inc.
| 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 |
|---|---|
|
Churchill Capital Corp X Class A Ordinary Shares
NYSE:CCCX
|
$238.52 Million |
|
Ligitek Electronics Co Ltd
TWO:8111
|
$238.55 Million |
|
Tatry Mountain Resorts a.s.
PR:TMR
|
$238.61 Million |
|
EASY HOLDINGS Co. Ltd
KQ:035810
|
$238.72 Million |
|
Amazing Microelectronic
TWO:6411
|
$238.35 Million |
|
Divgi Torqtransfer Systems Limited
NSE:DIVGIITTS
|
$238.35 Million |
|
Nishoku Technology Inc
TW:3679
|
$238.27 Million |
|
Backblaze Inc
NASDAQ:BLZE
|
$238.21 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: $519,829,600
- Average return on equity (ROE) among peers: 6.05%
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 | $238.37 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $148.70 Million | 9.23% | 10.41x | $5.70 Billion |
| ACNB Corporation (ACNB) | $93.75 Million | 8.98% | 9.33x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $96.99 Million | 6.06% | 10.54x | $647.19 Million |
| Amalgamated Bank (AMAL) | $585.36 Million | 15.03% | 12.62x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $577.58 Million | -0.30% | 12.45x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $249.60 Million | 11.75% | 10.06x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.74 Billion | -4.81% | 7.35x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $116.55 Million | 6.07% | 10.46x | $62.60 Million |
About 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