SB Financial Group (SBFG) Set to Announce Quarterly Earnings on Thursday

SB Financial Group (NASDAQ:SBFGGet Rating) is set to issue its quarterly earnings data after the market closes on Thursday, January 26th. Analysts expect the company to announce earnings of $0.45 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

SB Financial Group (NASDAQ:SBFGGet Rating) last issued its earnings results on Tuesday, November 1st. The financial services provider reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.07. The firm had revenue of $14.47 million during the quarter, compared to analysts’ expectations of $14.60 million. SB Financial Group had a net margin of 19.64% and a return on equity of 8.45%. On average, analysts expect SB Financial Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

SB Financial Group Trading Up 0.3 %

Shares of NASDAQ:SBFG opened at $16.55 on Wednesday. The stock has a market capitalization of $115.87 million, a price-to-earnings ratio of 9.40 and a beta of 0.85. SB Financial Group has a 1-year low of $16.28 and a 1-year high of $20.85. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.85 and a current ratio of 0.86. The company has a 50 day moving average price of $16.63 and a 200 day moving average price of $16.98.

Hedge Funds Weigh In On SB Financial Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SBFG. Acadian Asset Management LLC acquired a new position in SB Financial Group in the 1st quarter worth approximately $52,000. BlackRock Inc. boosted its stake in SB Financial Group by 51.0% in the 1st quarter. BlackRock Inc. now owns 30,092 shares of the financial services provider’s stock worth $599,000 after purchasing an additional 10,164 shares during the period. Dimensional Fund Advisors LP boosted its stake in SB Financial Group by 5.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 147,230 shares of the financial services provider’s stock worth $2,931,000 after purchasing an additional 7,619 shares during the period. Vanguard Group Inc. boosted 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 worth $6,070,000 after purchasing an additional 13,343 shares during the period. Finally, Pinnacle Holdings LLC boosted its stake in SB Financial Group by 5.1% in the 1st quarter. Pinnacle Holdings LLC now owns 164,742 shares of the financial services provider’s stock worth $3,280,000 after purchasing an additional 7,953 shares during the period. Institutional investors and hedge funds own 49.93% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of SB Financial Group in a report on Tuesday. They set a “hold” rating for the company.

About SB Financial Group

(Get Rating)

SB Financial Group, Inc is a financial holding company, which engages in the provision of commercial banking and wealth management solutions. The company offers checking, savings, e-services, mortgage loans, mortgage applications, mortgage tool, credit cards, and loans and lines services. It also provides investment and asset management, retirement services, insurance, business succession planning, and brokerage services.

Further Reading

Earnings History for SB Financial Group (NASDAQ:SBFG)

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