SB Financial Group (NASDAQ:SBFG) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of SB Financial Group (NASDAQ:SBFG) in a research report issued on Sunday. The brokerage set a “hold” rating on the financial services provider’s stock.

SB Financial Group Price Performance

Shares of SBFG opened at $13.71 on Friday. The company has a market cap of $93.09 million, a P/E ratio of 7.83 and a beta of 0.68. The stock has a fifty day moving average price of $14.15 and a 200 day moving average price of $14.17. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.94 and a quick ratio of 0.93. SB Financial Group has a 12 month low of $11.82 and a 12 month high of $16.25.

SB Financial Group (NASDAQ:SBFG) last issued its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.22. SB Financial Group had a return on equity of 10.24% and a net margin of 15.94%. The firm had revenue of $15.12 million during the quarter, compared to the consensus estimate of $13.40 million. On average, research analysts forecast that SB Financial Group will post 1.49 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Alliancebernstein L.P. boosted its position in SB Financial Group by 3.1% during the 2nd quarter. Alliancebernstein L.P. now owns 559,499 shares of the financial services provider’s stock worth $7,061,000 after acquiring an additional 17,054 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of SB Financial Group by 5.9% in the first quarter. The Manufacturers Life Insurance Company now owns 489,176 shares of the financial services provider’s stock valued at $9,739,000 after buying an additional 27,065 shares during the period. Cutler Capital Management LLC lifted its holdings in shares of SB Financial Group by 0.7% in the second quarter. Cutler Capital Management LLC now owns 399,040 shares of the financial services provider’s stock valued at $5,036,000 after buying an additional 2,742 shares during the period. Vanguard Group Inc. lifted its holdings in shares of SB Financial Group by 4.6% in the first 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 during the period. Finally, Pinnacle Holdings LLC lifted its holdings in shares of SB Financial Group by 5.1% in the first quarter. Pinnacle Holdings LLC now owns 164,742 shares of the financial services provider’s stock valued at $3,280,000 after buying an additional 7,953 shares during the period. Institutional investors and hedge funds own 66.67% of the company’s stock.

About SB Financial Group

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.