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

Equities researchers at StockNews.com started coverage on shares of SB Financial Group (NASDAQ:SBFGGet Rating) in a research report issued on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

SB Financial Group Price Performance

Shares of NASDAQ SBFG opened at $17.56 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.83 and a current ratio of 0.83. SB Financial Group has a fifty-two week low of $16.28 and a fifty-two week high of $20.85. The firm has a market capitalization of $123.45 million, a PE ratio of 9.53 and a beta of 0.97. The stock’s 50-day simple moving average is $17.25 and its 200-day simple moving average is $18.14.

SB Financial Group (NASDAQ:SBFGGet Rating) last released its quarterly earnings results on Monday, July 25th. The financial services provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.33 by $0.04. The company had revenue of $14.27 million for the quarter, compared to analyst estimates of $11.90 million. SB Financial Group had a return on equity of 8.44% and a net margin of 20.25%. During the same quarter in the previous year, the company posted $0.50 earnings per share. As a group, equities research analysts forecast that SB Financial Group will post 1.45 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC purchased a new position in shares of SB Financial Group in the 1st quarter valued at approximately $52,000. UBS Group AG grew its stake in shares of SB Financial Group by 18.2% in the 2nd quarter. UBS Group AG now owns 9,309 shares of the financial services provider’s stock valued at $161,000 after purchasing an additional 1,434 shares during the last quarter. Cutter & CO Brokerage Inc. grew its stake in shares of SB Financial Group by 5.0% in the 1st 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 during the last quarter. State Street Corp grew its stake in shares of SB Financial Group by 14.4% in the 1st 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 during the last quarter. Finally, Venture Visionary Partners LLC grew its stake in shares of SB Financial Group by 5.2% in the 1st quarter. Venture Visionary Partners LLC now owns 23,047 shares of the financial services provider’s stock valued at $458,000 after purchasing an additional 1,134 shares during the last quarter. Institutional investors and hedge funds own 49.95% 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.

Further Reading

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