SB Financial Group (NASDAQ:SBFG) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of SB Financial Group (NASDAQ:SBFG) in a report released on Monday morning. The firm issued a hold rating on the financial services provider’s stock.

SB Financial Group Stock Up 0.3 %

NASDAQ:SBFG opened at $13.47 on Monday. The company’s 50 day moving average is $13.89 and its two-hundred day moving average is $14.16. The company has a market cap of $91.46 million, a PE ratio of 7.70 and a beta of 0.68. SB Financial Group has a twelve month low of $11.82 and a twelve month high of $16.25. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.83.

SB Financial Group (NASDAQ:SBFG) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.22. SB Financial Group had a net margin of 15.47% and a return on equity of 10.12%. The firm had revenue of $15.12 million for the quarter, compared to analyst estimates of $13.40 million. Analysts anticipate that SB Financial Group will post 1.49 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SB Financial Group stock. Gendell Jeffrey L increased its holdings in SB Financial Group, Inc. (NASDAQ:SBFG) by 23.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,488 shares of the financial services provider’s stock after buying an additional 8,654 shares during the quarter. Gendell Jeffrey L owned about 0.67% of SB Financial Group worth $698,000 at the end of the most recent reporting period. Institutional investors 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.