First Savings Financial Group, Inc. (FSFG)

Over the past six months, First Savings Financial Group's stock price increased by 36.7% and 23.55% between December 30, 2024, and December 29, 2025. Key events include a merger agreement with First Merchants Corporation announced on September 25, 2025, shareholder alerts and investigations into the merger's fairness, quarterly cash dividend declarations, increased net income reported for the third fiscal quarter ended June 30, 2025, and the fiscal year ended September 30, 2025, and an analyst upgrade to a "Buy" rating by Zacks in August 2025.

The banking industry, including First Savings Financial Group, experiences seasonal trends in loan and deposit demand. Loan demand is typically low in January and February, peaks in August or September, and declines in December, with spring and summer being peak home-buying seasons. Consumer lending spikes during the holiday season, potentially leading to higher default rates in the first quarter. Demand deposits surge in March and peak in April, while aggregate deposits trough in February. Online applications for deposit accounts are relatively constant, with slight increases in January and late summer/fall. Banks may increase rates on retail deposit products in January in response to seasonal outflows.

First Savings Financial Group, Inc. is a financial holding company for First Savings Bank, providing banking services to individuals and businesses. It accepts deposits and originates loans, including residential and commercial mortgages, construction, commercial business, and consumer loans. The company operates through core banking and SBA lending segments and has national lending programs for single-tenant net lease commercial real estate. As of December 2023, residential mortgage banking operations were wound down, but residential mortgage lending continues in primary market areas.

First Savings Financial Group, Inc. primarily operates in southern Indiana with 15 to 16 depository branches in Clark, Floyd, Harrison, Crawford, and Washington counties. It also manages two national lending programs: single-tenant net lease commercial real estate and SBA lending, with offices mainly in the Midwest.

First Savings Financial Group's brand reputation in the past year has been influenced by its proposed merger with First Merchants Corporation, leading to shareholder alerts and investigations. Customer feedback is mixed, with positive reviews for mortgage services on Zillow, averaging 4.94 stars, but a lower rating of 2.9/5 on WalletHub with negative feedback on credit card closures and appraisal fees. The bank is not BBB accredited, and some complaints mention rude service and issues with fraudulent checks.

First Savings Financial Group, Inc. has 158 institutional owners and shareholders holding a total of 2,666,989 shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Alliancebernstein L.P., Vanguard Total Stock Market Index Fund Investor Shares (VTSMX), Lynch & Associates/in, Geode Capital Management, Llc, Glazer Capital, Llc, FJ Capital Management LLC, Vanguard Extended Market Index Fund Investor Shares (VEXMX), and iShares Russell 2000 ETF (IWM). Other notable holders include JPMorgan Chase & Co., Russell Investments Group Ltd., and Federated Hermes Inc.