First Savings Financial GroupFSFG
About: First Savings Financial Group Inc provides various banking services to individuals and business customers in southern Indiana. The bank accepts deposits from the general public & uses those funds, along with other borrowings, mainly to originate a residential mortgage, commercial mortgage, construction, commercial business, & consumer loans, and to a lesser extent, to invest in mortgage-backed securities and other debt securities. The company conducts lending and deposit activities mainly with individuals and small businesses in its market area. The bank operates in two segments: core banking, which accounts for the majority of revenue, and SBA lending.
Employees: 274
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
44% more capital invested
Capital invested by funds: $32.1M [Q2] → $46.1M (+$14M) [Q3]
1.9% more ownership
Funds ownership: 26.23% [Q2] → 28.13% (+1.9%) [Q3]
0% more funds holding
Funds holding: 36 [Q2] → 36 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Piper Sandler Nathan Race 95% 1-year accuracy 20 / 21 met price target | 21%upside $31 | Overweight Maintained | 30 Oct 2024 |