SB Financial Group, Inc. (SBFG) to Issue Quarterly Dividend of $0.16 on February 27th

SB Financial Group, Inc. (NASDAQ:SBFG) announced a quarterly dividend on Wednesday, January 21st. Shareholders of record on Friday, February 13th will be given a dividend of 0.155 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, February 13th.

SB Financial Group has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 12 consecutive years. SB Financial Group has a dividend payout ratio of 28.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect SB Financial Group to earn $2.18 per share next year, which means the company should continue to be able to cover its $0.62 annual dividend with an expected future payout ratio of 28.4%.

SB Financial Group Stock Down 0.2%

Shares of SBFG traded down $0.04 during trading on Wednesday, reaching $21.18. The company’s stock had a trading volume of 1,595 shares, compared to its average volume of 10,162. The company has a market cap of $133.41 million, a price-to-earnings ratio of 9.63 and a beta of 0.22. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.40. The company has a fifty day moving average of $22.12 and a two-hundred day moving average of $20.96. SB Financial Group has a twelve month low of $17.10 and a twelve month high of $24.22.

SB Financial Group (NASDAQ:SBFG) last issued its quarterly earnings results on Friday, January 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.01. SB Financial Group had a net margin of 15.35% and a return on equity of 11.02%. The business had revenue of $16.58 million during the quarter, compared to analyst estimates of $12.30 million. On average, sell-side analysts predict that SB Financial Group will post 2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of SB Financial Group in a research report on Monday, December 29th. Zacks Research cut SB Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 2nd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

SB Financial Group Company Profile

SB Financial Group, Inc (NASDAQ: SBFG) is the bank holding company for Star Financial Bank, a full-service community bank headquartered in Fort Wayne, Indiana. Through its wholly owned subsidiary, the company offers a broad portfolio of commercial and consumer banking products, including deposit accounts, lending solutions, mortgage origination and servicing, and cash management services.

In its commercial banking division, SB Financial Group provides working capital loans, equipment financing, commercial real estate lending and treasury management solutions designed for small- and mid-sized businesses.