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FSFG (Firstvings Financial Group) Equity-to-Asset : 0.07 (As of Jun. 2024)


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What is Firstvings Financial Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Firstvings Financial Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $168.00 Mil. Firstvings Financial Group's Total Assets for the quarter that ended in Jun. 2024 was $2,393.49 Mil. Therefore, Firstvings Financial Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.07.

The historical rank and industry rank for Firstvings Financial Group's Equity-to-Asset or its related term are showing as below:

FSFG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.1   Max: 0.13
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of Firstvings Financial Group was 0.13. The lowest was 0.07. And the median was 0.10.

FSFG's Equity-to-Asset is ranked worse than
74.22% of 1536 companies
in the Banks industry
Industry Median: 0.1 vs FSFG: 0.07

Firstvings Financial Group Equity-to-Asset Historical Data

The historical data trend for Firstvings Financial Group's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Firstvings Financial Group Equity-to-Asset Chart

Firstvings Financial Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.11 0.07 0.07 0.07

Firstvings Financial Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.07 0.07 0.07

Competitive Comparison of Firstvings Financial Group's Equity-to-Asset

For the Banks - Regional subindustry, Firstvings Financial Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Firstvings Financial Group's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Firstvings Financial Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Firstvings Financial Group's Equity-to-Asset falls into.



Firstvings Financial Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Firstvings Financial Group's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=150.981/2288.854
=0.07

Firstvings Financial Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=168/2393.491
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Firstvings Financial Group  (NAS:FSFG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Firstvings Financial Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Firstvings Financial Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Firstvings Financial Group Business Description

Traded in Other Exchanges
Address
702 North Shore Drive, Suite 300, Jeffersonville, IN, USA, 47130
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 securities. It conducts lending and deposit activities mainly with individuals and small businesses in its market area. The bank operates in three segments: core banking, which accounts for majority revenue; SBA lending; and mortgage banking.
Executives
Kent L. Parisien officer: EVP, Area President 501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
Steven R Stemler director C/O FIRST SAVINGS FINANCIAL GROUP, INC., 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
Larry W Myers director, officer: President & CEO 702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
Anthony A Schoen officer: Chief Financial Officer 501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
L. Chris Fordyce other: Director of Subsidiary FIRST SAVINGS FINANCIAL GROUP, INC., 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
Frank Czeschin director FIRST SAVINGS FINANCIAL GROUP INC., 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
James E. Valete officer: EVP, Chf SBA Lndg Offc 702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
James W Nelson officer: EVP and CRO HUNTINGTON BANCSHARES INCORPORATED, HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287
Brian A. Simon officer: SVP, Dir of Mtg, Whsle Lndg 702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
Jonathan E. Handmaker officer: EVP of subsidiary 501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
David Z Rosen officer: Treasurer of subsidiary 92 WALNUT STREET, LAWRENCEBURG IN 47025
Troy D. Hanke director 702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
Marie Haley officer: EVP and Chief Retail Officer 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
Lenfield R. Basham officer: EVP and CIO 501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
Lawson John P Jr director, officer: Chief Operations Officer 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129