SB Financial Group (NASDAQ:SBFG) Posts Earnings Results, Beats Expectations By $0.01 EPS

SB Financial Group (NASDAQ:SBFG) announced its quarterly earnings data on Thursday. The financial services provider reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates 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 Trading Up 5.1%

SBFG stock traded up $1.52 during midday trading on Thursday, hitting $31.59. The company had a trading volume of 11,187 shares, compared to its average volume of 19,964. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.29. SB Financial Group has a 52 week low of $18.16 and a 52 week high of $32.93. The stock’s 50 day moving average price is $28.84 and its 200 day moving average price is $25.48. The stock has a market cap of $197.53 million, a price-to-earnings ratio of 11.48 and a beta of 0.19.

Wall Street Analysts Forecast Growth

SBFG has been the topic of several recent research reports. Wall Street Zen lowered shares of SB Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. 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. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

SB Financial Group Company Profile

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.