SB Financial Group, Inc. (NASDAQ:SBFG) Declares Quarterly Dividend of $0.16

SB Financial Group, Inc. (NASDAQ:SBFG) declared a quarterly dividend on Wednesday, January 21st. Investors of record on Friday, February 13th will be given a dividend of 0.155 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, February 13th.

SB Financial Group has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 12 consecutive years. SB Financial Group has a dividend payout ratio of 28.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect SB Financial Group to earn $2.18 per share next year, which means the company should continue to be able to cover its $0.62 annual dividend with an expected future payout ratio of 28.4%.

SB Financial Group Price Performance

SBFG traded down $0.02 during trading on Wednesday, reaching $21.21. 1,406 shares of the stock were exchanged, compared to its average volume of 10,154. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market capitalization of $133.57 million, a price-to-earnings ratio of 9.64 and a beta of 0.22. SB Financial Group has a 1 year low of $17.10 and a 1 year high of $24.22. The business’s 50 day moving average price is $22.12 and its two-hundred day moving average price is $20.96.

SB Financial Group (NASDAQ:SBFG) last released its quarterly earnings results on Friday, January 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.01. The business had revenue of $16.58 million during the quarter, compared to the consensus estimate of $12.30 million. SB Financial Group had a return on equity of 11.02% and a net margin of 15.35%. As a group, equities research analysts anticipate that SB Financial Group will post 2 earnings per share for the current year.

SB Financial Group Company Profile

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.