First Savings Financials
This page shows First Savings (FSFG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
First Savings's revenue grew 10.3% year-over-year to $5.8M, a solid pace of expansion. This earns a growth score of 58/100.
First Savings has elevated debt relative to equity (D/E of 11.40), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
First Savings converts 1342.5% of revenue into free cash flow ($78.3M). This strong cash generation earns a score of 100/100.
First Savings's ROE of 12.0% shows moderate profitability relative to equity, earning a score of 48/100. This is up from 7.7% the prior year.
First Savings passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, First Savings generates $3.42 in operating cash flow ($79.1M OCF vs $23.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
First Savings generated $5.8M in revenue in fiscal year 2025. This represents an increase of 10.3% from the prior year.
First Savings generated $78.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 13.6% from the prior year.
First Savings reported $23.2M in net income in fiscal year 2025. This represents an increase of 70.4% from the prior year.
First Savings earned $3.32 per diluted share (EPS) in fiscal year 2025. This represents an increase of 67.7% from the prior year.
First Savings held $31.9M in cash against $0 in long-term debt as of fiscal year 2025.
First Savings paid $0.63 per share in dividends in fiscal year 2025. This represents an increase of 6.8% from the prior year.
First Savings had 7M shares outstanding in fiscal year 2025. This represents an increase of 1.3% from the prior year.
First Savings's net profit margin was 397.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 140.1 percentage points from the prior year.
First Savings's ROE was 12.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.3 percentage points from the prior year.
First Savings invested $879K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 28.5% from the prior year.
FSFG Income Statement
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.3M+2114.7% | $1.5M-0.7% | $1.5M-95.4% | $32.2M+2534.8% | $1.2M+4.6% | $1.2M-95.8% | $28.1M+2096.5% | $1.3M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $15.2M+2.2% | $14.8M-12.7% | $17.0M-0.9% | $17.1M+9.4% | $15.7M+7.8% | $14.5M+15.4% | $12.6M+27.3% | $9.9M |
| Income Tax | $1.3M+121.1% | $589K-30.5% | $848K+484.8% | $145K-83.3% | $866K+281.9% | -$476K+35.4% | -$737K-321.3% | $333K |
| Net Income | $5.3M-4.1% | $5.5M-11.7% | $6.2M+69.5% | $3.7M-25.5% | $4.9M+435.5% | $920K+223.2% | -$747K-120.1% | $3.7M |
| EPS (Diluted) | $0.76-3.8% | $0.79-11.2% | $0.89+67.9% | $0.53-26.4% | $0.72+453.8% | $0.13+218.2% | $-0.11-120.4% | $0.54 |
FSFG Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.4B+1.0% | $2.4B-0.5% | $2.4B-2.5% | $2.5B+3.6% | $2.4B+2.5% | $2.3B+0.8% | $2.3B+2.2% | $2.2B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $31.9M+11.0% | $28.7M-62.4% | $76.2M+46.2% | $52.1M-17.2% | $63.0M+88.7% | $33.4M+8.2% | $30.8M-26.2% | $41.8M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $9.8M0.0% | $9.8M0.0% | $9.8M0.0% | $9.8M0.0% | $9.8M0.0% | $9.8M0.0% | $9.8M0.0% | $9.8M |
| Total Liabilities | $2.2B+0.4% | $2.2B-0.7% | $2.2B-2.7% | $2.3B+3.3% | $2.2B+2.6% | $2.1B+0.3% | $2.1B+3.1% | $2.1B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $193.5M+8.0% | $179.2M+1.8% | $176.0M-0.6% | $177.1M+7.3% | $165.1M+0.3% | $164.5M+9.0% | $151.0M-9.5% | $166.9M |
| Retained Earnings | $192.1M+5.0% | $182.9M+2.5% | $178.5M+3.0% | $173.3M+3.4% | $167.6M+2.4% | $163.8M-1.5% | $166.3M-0.2% | $166.7M |
FSFG Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $105.3M+420.9% | -$32.8M-18635.0% | $177K-85.5% | $1.2M-84.1% | $7.7M-90.7% | $82.9M+341.7% | $18.8M+322.5% | $4.4M |
| Capital Expenditures | $221K+74.0% | $127K-75.8% | $524K+108.8% | $251K+3037.5% | $8K-97.9% | $378K+7.1% | $353K-61.0% | $904K |
| Free Cash Flow | $105.1M+419.0% | -$32.9M-9391.1% | -$347K-135.7% | $973K-87.3% | $7.7M-90.7% | $82.6M+348.1% | $18.4M+420.5% | $3.5M |
| Investing Cash Flow | -$98.6M-11262.7% | -$868K-101.1% | $79.9M+320.4% | -$36.3M+7.8% | -$39.3M+47.2% | -$74.5M+34.9% | -$114.3M-489.8% | -$19.4M |
| Financing Cash Flow | -$26.9M-94.2% | -$13.9M+75.3% | -$56.0M-225.2% | $44.8M-26.9% | $61.2M+1129.0% | -$6.0M-107.1% | $83.9M+354.3% | $18.5M |
| Dividends Paid | $1.1M+1.7% | $1.1M+6.9% | $1.0M+1.3% | $1.0M-0.9% | $1.0M+7.2% | $963K+0.1% | $962K0.0% | $962K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FSFG Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 16.3%-360.8pp | 377.2%-46.9pp | 424.1%+412.6pp | 11.4%-391.5pp | 402.9%+324.2pp | 78.7%+81.3pp | -2.6%-293.4pp | 290.7% |
| Return on Equity | 2.7%-0.4pp | 3.1%-0.5pp | 3.5%+1.5pp | 2.1%-0.9pp | 3.0%+2.4pp | 0.6%-0.9pp | 1.4%-0.8pp | 2.2% |
| Return on Assets | 0.2%0.0pp | 0.2%-0.0pp | 0.3%+0.1pp | 0.1%-0.1pp | 0.2%+0.2pp | 0.0%+0.1pp | -0.0%-0.2pp | 0.2% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 11.40-0.9 | 12.26-0.3 | 12.57-0.3 | 12.83-0.5 | 13.33+0.3 | 13.03-1.1 | 14.16+1.7 | 12.42 |
| FCF Margin | 325.4%+2584.2pp | -2258.8%-2235.2pp | -23.6%-26.7pp | 3.0%-625.6pp | 628.6%-6433.8pp | 7062.4%+6997.0pp | 65.5%-210.9pp | 276.4% |
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Frequently Asked Questions
What is First Savings's annual revenue?
First Savings (FSFG) reported $5.8M in total revenue for fiscal year 2025. This represents a 10.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is First Savings's revenue growing?
First Savings (FSFG) revenue grew by 10.3% year-over-year, from $5.3M to $5.8M in fiscal year 2025.
Is First Savings profitable?
Yes, First Savings (FSFG) reported a net income of $23.2M in fiscal year 2025, with a net profit margin of 397.3%.
What is First Savings's earnings per share (EPS)?
First Savings (FSFG) reported diluted earnings per share of $3.32 for fiscal year 2025. This represents a 67.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is First Savings's net profit margin?
First Savings (FSFG) had a net profit margin of 397.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does First Savings pay dividends?
Yes, First Savings (FSFG) paid $0.63 per share in dividends during fiscal year 2025.
What is First Savings's return on equity (ROE)?
First Savings (FSFG) has a return on equity of 12.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is First Savings's free cash flow?
First Savings (FSFG) generated $78.3M in free cash flow during fiscal year 2025. This represents a -13.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is First Savings's operating cash flow?
First Savings (FSFG) generated $79.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are First Savings's total assets?
First Savings (FSFG) had $2.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are First Savings's capital expenditures?
First Savings (FSFG) invested $879K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How many shares does First Savings have outstanding?
First Savings (FSFG) had 7M shares outstanding as of fiscal year 2025.
What is First Savings's debt-to-equity ratio?
First Savings (FSFG) had a debt-to-equity ratio of 11.40 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is First Savings's return on assets (ROA)?
First Savings (FSFG) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is First Savings's Piotroski F-Score?
First Savings (FSFG) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are First Savings's earnings high quality?
First Savings (FSFG) has an earnings quality ratio of 3.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is First Savings?
First Savings (FSFG) scores 51 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.