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 FSFG 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 FSFG split history.

About First Savings Financial Group

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 FSFG split history records, First Savings Financial Group has had 1 split.

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