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

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

SB Financial Group Price Performance

Shares of NASDAQ:SBFG opened at $13.47 on Monday. The company’s fifty day moving average price is $13.89 and its 200-day moving average price is $14.16. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.94 and a quick ratio of 0.93. The firm has a market capitalization of $91.46 million, a price-to-earnings ratio of 7.70 and a beta of 0.68. SB Financial Group has a one year low of $11.82 and a one year high of $16.25.

SB Financial Group (NASDAQ:SBFG) last released its earnings results on Thursday, January 25th. The financial services provider reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.22. SB Financial Group had a return on equity of 10.12% and a net margin of 15.47%. The business had revenue of $15.12 million for the quarter, compared to analysts’ expectations of $13.40 million. On average, equities research analysts anticipate that SB Financial Group will post 1.49 earnings per share for the current fiscal year.

Institutional Trading of SB Financial Group

A hedge fund recently raised its stake in SB Financial Group stock. Gendell Jeffrey L increased its holdings in SB Financial Group, Inc. (NASDAQ:SBFG) by 23.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 45,488 shares of the financial services provider’s stock after purchasing an additional 8,654 shares during the period. Gendell Jeffrey L owned approximately 0.67% of SB Financial Group worth $698,000 as of its most recent SEC filing. Institutional investors own 66.67% of the company’s stock.

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.