SB Financial Group (NASDAQ:SBFG) Coverage Initiated by Analysts at StockNews.com

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

SB Financial Group Trading Up 0.6 %

Shares of SBFG stock opened at $17.15 on Thursday. SB Financial Group has a 1-year low of $12.42 and a 1-year high of $17.65. The firm has a market cap of $116.00 million, a PE ratio of 9.80 and a beta of 0.73. The company has a 50-day moving average of $15.42 and a two-hundred day moving average of $14.37. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.91 and a quick ratio of 0.90.

SB Financial Group (NASDAQ:SBFG) last posted its quarterly earnings data on Thursday, July 18th. The financial services provider reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.11. The firm had revenue of $14.05 million during the quarter, compared to analysts’ expectations of $13.50 million. SB Financial Group had a net margin of 15.27% and a return on equity of 9.84%. On average, analysts predict that SB Financial Group will post 1.59 EPS for the current year.

SB Financial Group Announces Dividend

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 $0.14 dividend. The ex-dividend date was Friday, August 9th. This represents a $0.56 annualized dividend and a dividend yield of 3.27%. SB Financial Group’s dividend payout ratio is presently 32.00%.

Hedge Funds Weigh In On SB Financial Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Princeton Capital Management LLC acquired a new stake in shares of SB Financial Group during the second quarter worth about $146,000. Empowered Funds LLC increased its stake in SB Financial Group by 7.9% during the 1st quarter. Empowered Funds LLC now owns 33,366 shares of the financial services provider’s stock worth $460,000 after buying an additional 2,450 shares during the period. Finally, Gendell Jeffrey L lifted its holdings in SB Financial Group by 23.5% during the 4th quarter. Gendell Jeffrey L now owns 45,488 shares of the financial services provider’s stock worth $698,000 after buying an additional 8,654 shares in the last quarter. 66.67% of the stock is currently owned by hedge funds and other institutional investors.

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.