SB Financial Group (NASDAQ:SBFG) Receives New Coverage from Analysts at StockNews.com

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

SB Financial Group Price Performance

NASDAQ:SBFG opened at $17.64 on Friday. SB Financial Group has a one year low of $16.28 and a one year high of $20.85. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market cap of $124.01 million, a price-to-earnings ratio of 9.57 and a beta of 0.97. The firm’s fifty day moving average is $17.31 and its two-hundred day moving average is $18.08.

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

Institutional Investors Weigh In On SB Financial Group

Several hedge funds have recently modified their holdings of the company. The Manufacturers Life Insurance Company boosted its stake in shares of SB Financial Group by 5.9% during the 1st quarter. The Manufacturers Life Insurance Company now owns 489,176 shares of the financial services provider’s stock worth $9,739,000 after acquiring an additional 27,065 shares in the last quarter. Alliancebernstein L.P. lifted its stake in SB Financial Group by 6.9% in the 4th quarter. Alliancebernstein L.P. now owns 456,468 shares of the financial services provider’s stock valued at $8,979,000 after buying an additional 29,397 shares in the last quarter. Cutler Capital Management LLC lifted its stake in SB Financial Group by 5.3% in the 1st quarter. Cutler Capital Management LLC now owns 397,988 shares of the financial services provider’s stock valued at $7,924,000 after buying an additional 20,198 shares in the last quarter. Strategic Value Bank Partners LLC lifted its stake in SB Financial Group by 1.5% in the 2nd quarter. Strategic Value Bank Partners LLC now owns 310,862 shares of the financial services provider’s stock valued at $5,365,000 after buying an additional 4,638 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in SB Financial Group by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 304,864 shares of the financial services provider’s stock valued at $6,070,000 after buying an additional 13,343 shares in the last quarter. 49.95% of the stock is owned by hedge funds and other institutional investors.

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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