SB Financial Group (NASDAQ:SBFG) Stock Crosses Below 200 Day Moving Average of $14.26

SB Financial Group, Inc. (NASDAQ:SBFGGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.26 and traded as low as $13.58. SB Financial Group shares last traded at $13.72, with a volume of 10,476 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on SB Financial Group in a report on Friday, May 24th. They set a “hold” rating for the company.

View Our Latest Research Report on SB Financial Group

SB Financial Group Stock Performance

The company has a market capitalization of $92.75 million, a PE ratio of 7.84 and a beta of 0.68. The company has a 50 day moving average of $13.73 and a two-hundred day moving average of $14.26. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.90 and a quick ratio of 0.89.

SB Financial Group (NASDAQ:SBFGGet Free Report) last issued its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.03. The company had revenue of $13.13 million for the quarter, compared to analysts’ expectations of $13.50 million. SB Financial Group had a return on equity of 10.00% and a net margin of 15.47%. As a group, equities research analysts predict that SB Financial Group, Inc. will post 1.41 earnings per share for the current year.

SB Financial Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Friday, May 10th were paid a $0.14 dividend. This is a boost from SB Financial Group’s previous quarterly dividend of $0.14. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date was Thursday, May 9th. SB Financial Group’s dividend payout ratio is currently 32.00%.

Institutional Investors Weigh In On SB Financial Group

A hedge fund recently raised its stake in SB Financial Group stock. Gendell Jeffrey L raised its stake in SB Financial Group, Inc. (NASDAQ:SBFGFree Report) by 23.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,488 shares of the financial services provider’s stock after acquiring an additional 8,654 shares during the period. Gendell Jeffrey L owned approximately 0.67% of SB Financial Group worth $698,000 as of its most recent SEC filing. 66.67% of the stock is currently owned by institutional investors.

About SB Financial Group

(Get Free Report)

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.

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