Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 1.04
FSGI's Cash to Debt is ranked higher than
73% of the 1272 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.10 vs. FSGI: 1.04 )
FSGI' s 10-Year Cash to Debt Range
Min: 0.34   Max: No Debt
Current: 1.04

Equity to Asset 0.09
FSGI's Equity to Asset is ranked higher than
59% of the 1588 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.10 vs. FSGI: 0.09 )
FSGI' s 10-Year Equity to Asset Range
Min: 0.03   Max: 0.15
Current: 0.09

0.03
0.15
F-Score: 3
Z-Score: -0.10
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating margin (%) -40.47
FSGI's Operating margin (%) is ranked lower than
56% of the 1462 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 30.05 vs. FSGI: -40.47 )
FSGI' s 10-Year Operating margin (%) Range
Min: -115.99   Max: 27.98
Current: -40.47

-115.99
27.98
Net-margin (%) -41.96
FSGI's Net-margin (%) is ranked lower than
58% of the 1570 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 20.57 vs. FSGI: -41.96 )
FSGI' s 10-Year Net-margin (%) Range
Min: -118.42   Max: 19.42
Current: -41.96

-118.42
19.42
ROE (%) -16.08
FSGI's ROE (%) is ranked lower than
57% of the 1554 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 7.99 vs. FSGI: -16.08 )
FSGI' s 10-Year ROE (%) Range
Min: -129.06   Max: 7.69
Current: -16.08

-129.06
7.69
ROA (%) -1.38
FSGI's ROA (%) is ranked lower than
57% of the 1563 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.75 vs. FSGI: -1.38 )
FSGI' s 10-Year ROA (%) Range
Min: -3.79   Max: 0.98
Current: -1.38

-3.79
0.98
ROC (Joel Greenblatt) (%) -46.51
FSGI's ROC (Joel Greenblatt) (%) is ranked lower than
55% of the 1437 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 78.30 vs. FSGI: -46.51 )
FSGI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -125.79   Max: 47.84
Current: -46.51

-125.79
47.84
Revenue Growth (%) -70.90
FSGI's Revenue Growth (%) is ranked lower than
55% of the 1284 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.00 vs. FSGI: -70.90 )
FSGI' s 10-Year Revenue Growth (%) Range
Min: -70.9   Max: 14.8
Current: -70.9

-70.9
14.8
EBITDA Growth (%) -78.90
FSGI's EBITDA Growth (%) is ranked lower than
52% of the 1124 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 7.20 vs. FSGI: -78.90 )
FSGI' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 46.7
Current: -78.9

0
46.7
» FSGI's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

FSGI Guru Trades in

Q2 2013

FSGI Guru Trades in Q2 2013

Michael Price 6,080,000 sh (New)
» More
Q3 2013

FSGI Guru Trades in Q3 2013

Jim Simons 104,657 sh (New)
Michael Price 6,080,000 sh (unchged)
» More
Q4 2013

FSGI Guru Trades in Q4 2013

Jim Simons 106,300 sh (+1.57%)
Michael Price 6,080,000 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with FSGI

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Michael Price 2013-06-30 New Buy1.8%$1.96 - $6.24 $ 2.05-42%6080000
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about First Security Group, Inc.

First Security Group - Special Situation Opportunity
The case for First Security Group (FSGI) is interesting. It is bank holding company that is obscure, cheap and unloved. As the company completed the recapitalization earlier this year, I think the market has been under-appreciating its potential to return to growth and profitability as a result of the much-needed recapitalization. Read more...
More Billionaire Bargains, 29% Off
Today the GuruFocus Guru Bargains feature reveals four more stocks that are 29% or more off since a number of billionaires bought them. Consider the possible advantage of following in the footsteps of billionaire gurus who’ve already invested in these stocks. Billionaire buys can indicate a probability that these stocks may be bargain finds. Read more...
Insider Analysis on American and Canadian Banking Sector
With the increase in insider buying within the American regional banking sector, I decided to look into the same sector in the Toronto Stock Exchange (TSX). Using the All-in-One Guru Screener, I looked for banking companies that matched the following criteria. Read more...

Ratios

vs
industry
vs
history
P/B 1.70
FSGI's P/B is ranked lower than
56% of the 1479 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.10 vs. FSGI: 1.70 )
FSGI' s 10-Year P/B Range
Min: 0.06   Max: 1.9
Current: 1.7

0.06
1.9
P/S 2.97
FSGI's P/S is ranked higher than
57% of the 1638 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 2.80 vs. FSGI: 2.97 )
FSGI' s 10-Year P/S Range
Min: 0.06   Max: 3.95
Current: 2.97

0.06
3.95
EV-to-EBIT 31.30
FSGI's EV-to-EBIT is ranked lower than
59% of the 1447 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 15.51 vs. FSGI: 31.30 )
FSGI' s 10-Year EV-to-EBIT Range
Min: 10.5   Max: 89.6
Current: 31.3

10.5
89.6

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.60
FSGI's Price/Tangible Book is ranked higher than
53% of the 1380 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.20 vs. FSGI: 1.60 )
FSGI' s 10-Year Price/Tangible Book Range
Min: 0.11   Max: 1.84
Current: 1.6

0.11
1.84
Price/DCF (Projected) 2.10
FSGI's Price/DCF (Projected) is ranked lower than
69% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.60 vs. FSGI: 2.10 )
FSGI' s 10-Year Price/DCF (Projected) Range
Min: 0.02   Max: 2.3
Current: 2.1

0.02
2.3
Price/Median PS Value 0.50
FSGI's Price/Median PS Value is ranked higher than
94% of the 1493 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.00 vs. FSGI: 0.50 )
FSGI' s 10-Year Price/Median PS Value Range
Min: 0.13   Max: 4.34
Current: 0.5

0.13
4.34
Earnings Yield (Greenblatt) 3.20
FSGI's Earnings Yield (Greenblatt) is ranked lower than
51% of the 1411 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 6.40 vs. FSGI: 3.20 )
FSGI' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.1   Max: 9.6
Current: 3.2

1.1
9.6
Forward Rate of Return (Yacktman) 33.68
FSGI's Forward Rate of Return (Yacktman) is ranked higher than
87% of the 1102 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 14.77 vs. FSGI: 33.68 )
FSGI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.7   Max: 35
Current: 33.68

0.7
35

Business Description

Industry: Banks » Savings & Cooperative Banks
Compare:OCN, HOME, PBCT, HCBK, ISBC » details
First Security Group, Inc., a bank holding company for FSGBank. The Company was incorporated in 1999 in the state of Tennessee to serve as a bank holding company, and is regulated and supervised by the Board of Governors of the Federal Reserve System. As of December 31, 2012, it had total assets of approximately $1.1 billion, total deposits of approximately $1.0 billion and stockholders' equity of approximately $29.1 million. It currently operates 30 full-service banking offices through its wholly-owned bank subsidiary, FSGBank. It serves the banking and financial needs of various communities in eastern and middle Tennessee, as well as northern Georgia. The Company offers a range of lending services that are mainly secured by single and multi-family real estate, residential construction and owner-occupied commercial buildings. In addition, it makes loans to small and medium-sized businesses, as well as to consumers for a number of purposes. The Company's main source of funds for loans and securities is core deposits gathered through its branch network. The Company offers a range of deposit services, including checking, savings, money market accounts and certificates of deposit, and obtain its deposits from individuals and businesses in its market areas, including the vast majority of its loan customers. The Company's wealth management division offers private client services, financial planning, trust administration, investment management and estate planning services. It also provides mortgage banking and electronic banking services, such as Internet banking, online bill payment, cash management, ACH originations, and remote deposit capture. The Company competes with commercial banks, credit unions, savings and loan associations, mortgage banking firms, consumer finance companies, securities brokerage firms, insurance companies, money market funds and other financial institutions, which operate in its main market areas and elsewhere. The Company and FSGBank are subject to extensive state and federal banking regulations that impose restrictions on and provide for general regulatory oversight of their operations.

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide