 |
Video: What is a Stock Split?
|
 |
First Savings Financial Group is a financial holding company. Through its subsidiary, First Savings Bank (the Bank), Co. provides a variety of banking services to individuals and business customers. The Bank accepts deposits from the general public and uses those funds, along with other borrowings, mainly to originate residential mortgage, commercial mortgage, construction, commercial business and consumer loans, and to a lesser extent, to invest in mortgage-backed securities and other securities. The Bank's subsidiary, First Savings Investments, Inc., manages a securities portfolio. Co.'s subsidiary, First Savings Insurance Risk Management, Inc., provides property and casualty insurance. According to our First Savings Financial Group stock split history records, First Savings Financial Group has had 1 split. | |
 |

First Savings Financial Group (FSFG) has 1 split in our First Savings Financial Group stock split history database. The split for FSFG took place on September 16, 2021. This was a 3 for 1 split, meaning for each share of FSFG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as First Savings Financial Group splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the First Savings Financial Group stock split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Savings Financial Group shares, starting with a $10,000 purchase of FSFG, presented on a split-history-adjusted basis factoring in the complete First Savings Financial Group stock split history.

Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
09/26/2013 |
|
End date: |
09/22/2023 |
|
Start price/share: |
$7.45 |
|
End price/share: |
$15.00 |
|
Starting shares: |
1,342.28 |
|
Ending shares: |
1,571.82 |
|
Dividends reinvested/share: |
$2.57 |
|
Total return: |
135.77% |
|
Average Annual Total Return: |
8.96% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$23,575.82 |
|
Years: |
9.99 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
09/26/2013 |
|
End date: |
09/22/2023 |
|
Start price/share: |
$7.45 |
|
End price/share: |
$15.00 |
|
Dividends collected/share: |
$2.57 |
|
Total return: |
135.84% |
|
Average Annual Total Return: |
8.96% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$23,575.82 |
|
Years: |
9.99 |
|
|
 |
Date |
Ratio |
09/16/2021 | 3 for 1 |
|
 |