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

StockNews.com assumed coverage on shares of SB Financial Group (NASDAQ:SBFG) in a research report sent to investors on Thursday morning. The brokerage issued a hold rating on the financial services provider’s stock.

SB Financial Group Stock Up 0.9 %

NASDAQ:SBFG opened at $13.91 on Thursday. The stock has a market cap of $94.03 million, a price-to-earnings ratio of 7.95 and a beta of 0.73. The stock has a 50-day moving average price of $13.89 and a two-hundred day moving average price of $14.20. SB Financial Group has a 1 year low of $12.30 and a 1 year high of $16.25. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44.

SB Financial Group (NASDAQ:SBFG) last issued its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $13.13 million for the quarter, compared to analyst estimates 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 analysts expect that SB Financial Group will post 1.41 earnings per share for the current year.

SB Financial Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Friday, May 10th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.03%. This is a positive change from SB Financial Group’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, May 9th. SB Financial Group’s payout ratio is 32.00%.

Institutional Trading of SB Financial Group

An institutional investor recently raised its position in SB Financial Group stock. Empowered Funds LLC increased its stake in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 7.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,366 shares of the financial services provider’s stock after acquiring an additional 2,450 shares during the period. Empowered Funds LLC owned about 0.49% of SB Financial Group worth $460,000 as of its most recent filing with the SEC. 66.67% of the stock is currently owned by institutional investors and hedge funds.

SB Financial Group Company Profile

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.