SB Financial Group (NASDAQ:SBFG) Announces Quarterly Earnings Results

SB Financial Group (NASDAQ:SBFG) announced its earnings results on Thursday. The financial services provider reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.01, Zacks reports. SB Financial Group had a net margin of 17.67% and a return on equity of 11.82%.

SB Financial Group Stock Up 1.7%

SB Financial Group stock traded up $0.52 during mid-day trading on Thursday, reaching $30.59. 8,767 shares of the company’s stock were exchanged, compared to its average volume of 19,916. The company has a market cap of $191.25 million, a P/E ratio of 11.57 and a beta of 0.19. SB Financial Group has a twelve month low of $18.16 and a twelve month high of $32.93. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $28.84 and a 200-day moving average of $25.48.

Analyst Ratings Changes

SBFG has been the topic of a number of research analyst reports. Weiss Ratings raised shares of SB Financial Group from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. Wall Street Zen lowered shares of SB Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About SB Financial Group

SB Financial Group, Inc is a bank holding company headquartered in Defiance, Ohio. Through its principal subsidiary, The State Bank and Trust Company, the company provides community banking services to individuals, families, farmers, professionals and businesses.

The bank offers a range of financial products, including checking and savings accounts, certificates of deposit, commercial and residential real estate lending, consumer loans, agricultural financing and business loans. Its services also include mortgage banking, treasury management, online and mobile banking, wealth management and trust services.

SB Financial Group’s banking operations primarily serve communities in northwest Ohio and northeast Indiana through a local branch network and digital channels.