SB Financial Group (NASDAQ:SBFG) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of SB Financial Group (NASDAQ:SBFG) in a report released on Tuesday. The firm set a “hold” rating on the financial services provider’s stock.

SB Financial Group Stock Down 1.1 %

Shares of SB Financial Group stock opened at $14.02 on Tuesday. The stock has a 50-day moving average price of $13.77 and a 200 day moving average price of $14.31. The company has a market cap of $94.78 million, a P/E ratio of 8.01 and a beta of 0.69. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44. SB Financial Group has a 1 year low of $12.30 and a 1 year high of $16.25.

SB Financial Group (NASDAQ:SBFG) last announced its quarterly earnings data on Thursday, April 18th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The firm had revenue of $13.13 million during the quarter, compared to the consensus estimate of $13.50 million. SB Financial Group had a return on equity of 10.00% and a net margin of 15.47%. As a group, analysts expect that SB Financial Group will post 1.41 EPS for the current fiscal year.

Institutional Investors Weigh In On SB Financial Group

An institutional investor recently raised its position in SB Financial Group stock. Gendell Jeffrey L raised its position in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 7.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,823 shares of the financial services provider’s stock after purchasing 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. 66.67% of the stock is currently owned by institutional investors.

SB Financial Group Company Profile

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.