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

SB Financial Group (NASDAQ:SBFG – Get 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:SBFG – Get 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

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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.