SB Financial Group (NASDAQ:SBFG) Now Covered by Analysts at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of SB Financial Group (NASDAQ:SBFGGet Free Report) in a note issued to investors on Monday. The brokerage set a “hold” rating on the financial services provider’s stock.

SB Financial Group Trading Down 1.3 %

SBFG opened at $14.01 on Monday. The business has a 50 day simple moving average of $13.72 and a two-hundred day simple moving average of $14.32. The firm has a market capitalization of $94.71 million, a price-to-earnings ratio of 8.01 and a beta of 0.69. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.90 and a quick ratio of 0.89. SB Financial Group has a one year low of $12.30 and a one year high of $16.25.

SB Financial Group (NASDAQ:SBFGGet Free Report) last released its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The business had revenue of $13.13 million during the quarter, compared to analyst estimates of $13.50 million. SB Financial Group had a return on equity of 10.00% and a net margin of 15.47%. Analysts predict that SB Financial Group will post 1.41 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SB Financial Group stock. Gendell Jeffrey L lifted its position in SB Financial Group, Inc. (NASDAQ:SBFGFree Report) by 7.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 48,823 shares of the financial services provider’s stock after acquiring an additional 3,335 shares during the period. Gendell Jeffrey L owned 0.72% of SB Financial Group worth $673,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 66.67% of the company’s stock.

SB Financial Group Company Profile

(Get Free Report)

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.

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