SB Financial Group (NASDAQ:SBFG) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

SB Financial Group (NASDAQ:SBFG) released its earnings results on Thursday. The financial services provider reported $0.63 EPS for the quarter, topping the consensus estimate of $0.62 by $0.01, Zacks reports. SB Financial Group had a return on equity of 11.82% and a net margin of 17.67%.

SB Financial Group Stock Up 1.7%

NASDAQ:SBFG traded up $0.52 during midday trading on Thursday, hitting $30.59. 8,767 shares of the company were exchanged, compared to its average volume of 19,916. SB Financial Group has a fifty-two week low of $18.16 and a fifty-two week high of $32.93. The company has a market capitalization of $191.25 million, a PE ratio of 11.57 and a beta of 0.19. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.29. The company has a fifty day simple moving average of $28.84 and a 200 day simple moving average of $25.48.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SBFG shares. Wall Street Zen lowered SB Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Weiss Ratings raised SB Financial Group from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

SB Financial Group Company Profile

SB Financial Group, Inc is a bank holding company headquartered in Defiance, Ohio. Through its principal subsidiary, The State Bank and Trust Company, the company provides community banking services to individuals, families, farmers, professionals and businesses.

The bank offers a range of financial products, including checking and savings accounts, certificates of deposit, commercial and residential real estate lending, consumer loans, agricultural financing and business loans. Its services also include mortgage banking, treasury management, online and mobile banking, wealth management and trust services.

SB Financial Group’s banking operations primarily serve communities in northwest Ohio and northeast Indiana through a local branch network and digital channels.