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

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

SB Financial Group Stock Performance

Shares of SBFG opened at $14.13 on Wednesday. The firm has a 50-day moving average of $13.85 and a 200-day moving average of $14.28. SB Financial Group has a one year low of $12.30 and a one year high of $16.25. The company has a market cap of $95.52 million, a PE ratio of 8.07 and a beta of 0.73. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.90 and a quick ratio of 0.89.

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

Institutional Trading of SB Financial Group

An institutional investor recently raised its position in SB Financial Group stock. Gendell Jeffrey L increased its stake in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 23.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 45,488 shares of the financial services provider’s stock after buying an additional 8,654 shares during the period. Gendell Jeffrey L owned 0.67% of SB Financial Group worth $698,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 66.67% of the company’s stock.

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.