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

StockNews.com began coverage on shares of SB Financial Group (NASDAQ:SBFG) in a research report released on Thursday morning. The firm issued a hold rating on the financial services provider’s stock.

SB Financial Group Price Performance

Shares of SBFG opened at $17.04 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.44. The company’s fifty day simple moving average is $15.35 and its 200 day simple moving average is $14.35. SB Financial Group has a 1-year low of $12.42 and a 1-year high of $17.65. The company has a market cap of $114.68 million, a price-to-earnings ratio of 9.74 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 EPS 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 the consensus estimate of $13.50 million. SB Financial Group had a net margin of 15.27% and a return on equity of 9.84%. On average, research analysts forecast that SB Financial Group will post 1.59 earnings per share for the current fiscal year.

SB Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Friday, August 9th were paid a $0.14 dividend. The ex-dividend date was Friday, August 9th. This represents a $0.56 annualized dividend and a yield of 3.29%. SB Financial Group’s dividend payout ratio is 32.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Gendell Jeffrey L raised its stake in 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 valued at $698,000 after acquiring an additional 8,654 shares during the period. Empowered Funds LLC increased its holdings in shares of SB Financial Group by 7.9% in the first quarter. Empowered Funds LLC now owns 33,366 shares of the financial services provider’s stock valued at $460,000 after purchasing an additional 2,450 shares during the last quarter. Finally, Princeton Capital Management LLC bought a new position in shares of SB Financial Group in the second quarter valued at about $146,000. 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.