SB Financial Group (NASDAQ:SBFG) Issues Earnings Results

SB Financial Group (NASDAQ:SBFG) announced its quarterly earnings results on Thursday. The financial services provider reported $0.65 EPS for the quarter, beating the consensus estimate of $0.64 by $0.01, Zacks reports. SB Financial Group had a return on equity of 10.68% and a net margin of 15.31%.

SB Financial Group Price Performance

SBFG stock traded up $0.84 during mid-day trading on Thursday, hitting $22.58. The stock had a trading volume of 5,437 shares, compared to its average volume of 9,191. The firm has a fifty day simple moving average of $21.95 and a 200 day simple moving average of $20.79. The firm has a market capitalization of $142.25 million, a P/E ratio of 10.65 and a beta of 0.23. SB Financial Group has a 52 week low of $17.10 and a 52 week high of $24.48. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40.

SB Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be given a dividend of $0.155 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.62 annualized dividend and a yield of 2.7%. SB Financial Group’s dividend payout ratio is currently 29.25%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SBFG. Dimensional Fund Advisors LP boosted its holdings in shares of SB Financial Group by 0.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 187,165 shares of the financial services provider’s stock worth $3,611,000 after buying an additional 557 shares in the last quarter. Geode Capital Management LLC boosted its stake in SB Financial Group by 98.3% in the second quarter. Geode Capital Management LLC now owns 148,786 shares of the financial services provider’s stock valued at $2,842,000 after acquiring an additional 73,771 shares during the last quarter. Bridgeway Capital Management LLC raised its stake in SB Financial Group by 3.8% in the 3rd quarter. Bridgeway Capital Management LLC now owns 81,511 shares of the financial services provider’s stock valued at $1,572,000 after acquiring an additional 2,963 shares during the period. Empowered Funds LLC raised its position in shares of SB Financial Group by 7.1% in the first quarter. Empowered Funds LLC now owns 42,469 shares of the financial services provider’s stock valued at $884,000 after purchasing an additional 2,832 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of SB Financial Group by 12.9% in the third quarter. Arrowstreet Capital Limited Partnership now owns 31,001 shares of the financial services provider’s stock worth $598,000 after acquiring an additional 3,542 shares during the period. 66.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on SBFG shares. Zacks Research cut SB Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 2nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of SB Financial Group in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

About SB Financial Group

SB Financial Group, Inc (NASDAQ: SBFG) is the bank holding company for Star Financial Bank, a full-service community bank headquartered in Fort Wayne, Indiana. Through its wholly owned subsidiary, the company offers a broad portfolio of commercial and consumer banking products, including deposit accounts, lending solutions, mortgage origination and servicing, and cash management services.

In its commercial banking division, SB Financial Group provides working capital loans, equipment financing, commercial real estate lending and treasury management solutions designed for small- and mid-sized businesses.