SB Financial Group (NASDAQ:SBFG) Research Coverage Started at StockNews.com

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

SB Financial Group Stock Up 6.2 %

Shares of NASDAQ SBFG opened at $18.26 on Friday. The company has a market cap of $122.89 million, a price-to-earnings ratio of 10.43 and a beta of 0.73. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.44. SB Financial Group has a 12 month low of $12.42 and a 12 month high of $18.62. The stock has a 50-day moving average price of $15.75 and a two-hundred day moving average price of $14.48.

SB Financial Group (NASDAQ:SBFG) last announced its quarterly earnings results on Thursday, July 18th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.11. The company had revenue of $14.05 million for the quarter, compared to analyst estimates of $13.50 million. SB Financial Group had a net margin of 15.27% and a return on equity of 9.84%. As a group, analysts forecast that SB Financial Group will post 1.59 earnings per share for the current fiscal year.

SB Financial Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Friday, August 9th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 3.07%. The ex-dividend date was Friday, August 9th. SB Financial Group’s dividend payout ratio (DPR) is 32.00%.

Institutional Trading of SB Financial Group

A number of hedge funds have recently made changes to their positions in the company. Princeton Capital Management LLC bought a new position in SB Financial Group in the 2nd quarter valued at approximately $146,000. Empowered Funds LLC increased its position in SB Financial Group by 7.9% in the 1st quarter. Empowered Funds LLC now owns 33,366 shares of the financial services provider’s stock valued at $460,000 after acquiring an additional 2,450 shares during the period. Finally, Gendell Jeffrey L raised its stake in shares of SB Financial Group by 7.3% during the first quarter. Gendell Jeffrey L now owns 48,823 shares of the financial services provider’s stock valued at $673,000 after acquiring an additional 3,335 shares during the last quarter. 66.67% of the stock is owned by institutional investors and hedge funds.

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.