SB Financial Group (NASDAQ:SBFG) Director Sells $21,640.55 in Stock

SB Financial Group, Inc. (NASDAQ:SBFG) Director Richard Hardgrove sold 977 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $22.15, for a total value of $21,640.55. Following the transaction, the director directly owned 13,938 shares in the company, valued at $308,726.70. The trade was a 6.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

SB Financial Group Stock Down 0.1%

Shares of SBFG stock traded down $0.02 on Wednesday, hitting $22.21. The stock had a trading volume of 12,314 shares, compared to its average volume of 10,122. SB Financial Group, Inc. has a one year low of $17.10 and a one year high of $24.48. The business has a 50 day moving average price of $22.09 and a 200 day moving average price of $20.89. The company has a market cap of $139.92 million, a PE ratio of 10.10 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.

SB Financial Group (NASDAQ:SBFG) last posted its earnings results on Friday, January 30th. The financial services provider reported $0.65 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $12.30 million. Research analysts anticipate that SB Financial Group, Inc. will post 2 earnings per share for the current fiscal year.

SB Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a dividend of $0.155 per share. This represents a $0.62 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, February 13th. SB Financial Group’s dividend payout ratio (DPR) is 28.18%.

Institutional Trading of SB Financial Group

Several large investors have recently bought and sold shares of SBFG. BNP Paribas Financial Markets increased its stake in SB Financial Group by 131.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,791 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 1,016 shares in the last quarter. Bank of America Corp DE increased its position in shares of SB Financial Group by 4,732.7% in the 2nd quarter. Bank of America Corp DE now owns 2,658 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 2,603 shares during the period. JPMorgan Chase & Co. lifted its position in SB Financial Group by 23,475.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,829 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 2,817 shares during the period. Farther Finance Advisors LLC grew its stake in SB Financial Group by 8,594.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,956 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 2,922 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of SB Financial Group in the second quarter valued at about $62,000. Hedge funds and other institutional investors own 66.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of SB Financial Group in a research report on Monday, December 29th. Zacks Research downgraded shares of SB Financial Group from a “strong-buy” rating to a “hold” rating in a report on Friday, January 2nd. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus 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.