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

Equities research analysts at StockNews.com assumed coverage on shares of SB Financial Group (NASDAQ:SBFG) in a research note issued to investors on Friday. The brokerage set a “hold” rating on the financial services provider’s stock.

SB Financial Group Stock Up 4.9 %

Shares of NASDAQ:SBFG opened at $18.04 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.91 and a quick ratio of 0.90. The business has a 50 day simple moving average of $15.75 and a two-hundred day simple moving average of $14.48. SB Financial Group has a 1 year low of $12.42 and a 1 year high of $18.62. The firm has a market capitalization of $121.41 million, a PE ratio of 10.31 and a beta of 0.73.

SB Financial Group (NASDAQ:SBFG) last announced its quarterly earnings data on Thursday, July 18th. The financial services provider reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.11. The company had revenue of $14.05 million during the quarter, compared to analyst estimates of $13.50 million. SB Financial Group had a net margin of 15.27% and a return on equity of 9.84%. On average, equities analysts predict that SB Financial Group will post 1.59 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Gendell Jeffrey L lifted its position in shares of SB Financial Group by 23.5% in the 4th quarter. Gendell Jeffrey L now owns 45,488 shares of the financial services provider’s stock worth $698,000 after purchasing an additional 8,654 shares during the period. Empowered Funds LLC lifted its holdings in SB Financial Group by 7.9% during the first quarter. Empowered Funds LLC now owns 33,366 shares of the financial services provider’s stock worth $460,000 after buying an additional 2,450 shares during the period. Finally, Princeton Capital Management LLC bought a new stake in SB Financial Group during the 2nd quarter valued at $146,000. 66.67% of the stock is currently owned by institutional investors.

About SB Financial Group

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.