StockNews.com Initiates Coverage on SB Financial Group (NASDAQ:SBFG)

Investment analysts at StockNews.com initiated coverage on shares of SB Financial Group (NASDAQ:SBFG) in a research report issued on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.

SB Financial Group Price Performance

Shares of NASDAQ SBFG opened at $17.15 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.90 and a current ratio of 0.91. SB Financial Group has a fifty-two week low of $12.42 and a fifty-two week high of $17.65. The stock has a market cap of $115.42 million, a PE ratio of 9.80 and a beta of 0.73. The stock has a fifty day moving average of $15.42 and a 200-day moving average of $14.37.

SB Financial Group (NASDAQ:SBFG) last posted its earnings results 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. SB Financial Group had a return on equity of 9.84% and a net margin of 15.27%. The business had revenue of $14.05 million during the quarter, compared to analyst estimates of $13.50 million. Equities research analysts anticipate that SB Financial Group will post 1.59 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Princeton Capital Management LLC bought a new stake in SB Financial Group during the second quarter valued at $146,000. Gendell Jeffrey L boosted its position in shares of SB Financial Group by 23.5% during 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 last quarter. Finally, Empowered Funds LLC boosted its position in shares of SB Financial Group by 7.9% during the 1st quarter. Empowered Funds LLC now owns 33,366 shares of the financial services provider’s stock valued at $460,000 after acquiring an additional 2,450 shares during the last quarter. Institutional investors own 66.67% of the company’s stock.

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.