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-0.00126023944549462 -0.00126023944549462 -0.00126023944549462 -0.00126023944549462 -0.00126023944549462 0.00819155639571524 0.00385948330182742 0.00385948330182742
Stock impact report

First Savings Financial Group, Inc. Reports Financial Results for the First Fiscal Quarter Ended December 31, 2019

First Savings Financial Group, Inc. (FSFG) 
Company Research Source: GlobeNewswire
CLARKSVILLE, Ind., Feb. 05, 2020 (GLOBE NEWSWIRE) -- First Savings Financial Group, Inc. (NASDAQ: FSFG - news) (the "Company"), the holding company for First Savings Bank (the "Bank"), today reported net income of $3.4 million, or $1.44 per diluted share, for the quarter ended December 31, 2019 compared to net income of $2.9 million, or $1.24 per diluted share, for the quarter ended December 31, 2018, resulting in an increase of 16.1% on a per share basis.  Net interest income increased $1.3 million, or 13.7%, to $10.9 million for the quarter ended December 31, 2019 as compared to the same quarter in 2018.  The increase in net interest income was due to a $2.0 million increase in interest income, which was partially offset by a $650,000 increase in interest expense. Interest income increased due to an increase in the average balance of interest-earning assets of $176.0 million, from $989.8 million for 2018 to $1.17 billion for 2019, partially offset by a decrease in the weighted av Show less Read more
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