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

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

NASDAQ:SBFG opened at $18.00 on Wednesday. SB Financial Group has a 12 month low of $16.26 and a 12 month high of $20.85. The stock has a 50 day moving average of $18.24 and a two-hundred day moving average of $19.04. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.19. The firm has a market cap of $129.82 million, a P/E ratio of 9.29 and a beta of 1.07.

SB Financial Group (NASDAQ:SBFG – Get Rating) last posted its quarterly earnings data on Thursday, April 28th. The financial services provider reported $0.30 EPS for the quarter, topping the consensus estimate of $0.25 by $0.05. SB Financial Group had a return on equity of 8.81% and a net margin of 21.17%. The company had revenue of $14.28 million during the quarter, compared to analyst estimates of $13.30 million. On average, research analysts forecast that SB Financial Group will post 1.45 earnings per share for the current year.

Large investors have recently bought and sold shares of the business. Acadian Asset Management LLC purchased a new stake in SB Financial Group during the 1st quarter worth approximately $52,000. UBS Group AG grew its position in shares of SB Financial Group by 8,810.8% in the third quarter. UBS Group AG now owns 8,287 shares of the financial services provider’s stock valued at $150,000 after purchasing an additional 8,194 shares in the last quarter. Royal Bank of Canada grew its position in shares of SB Financial Group by 33.0% in the second quarter. Royal Bank of Canada now owns 8,834 shares of the financial services provider’s stock valued at $163,000 after purchasing an additional 2,193 shares in the last quarter. Cutter & CO Brokerage Inc. grew its position in shares of SB Financial Group by 5.0% in the first quarter. Cutter & CO Brokerage Inc. now owns 11,970 shares of the financial services provider’s stock valued at $238,000 after purchasing an additional 570 shares in the last quarter. Finally, State Street Corp grew its position in shares of SB Financial Group by 14.4% in the first quarter. State Street Corp now owns 16,111 shares of the financial services provider’s stock valued at $321,000 after purchasing an additional 2,033 shares in the last quarter. Institutional investors own 55.33% of the company’s stock.

SB Financial Group Company Profile (Get Rating)

SB Financial Group, Inc 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.

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