SB Financial Group (NASDAQ:SBFG) Now covered by StockNews.com

Equities research analysts at StockNews.com have assumed coverage of the stock SB Financial Group (NASDAQ:SBFG – Get a Free Report) in a research note issued to investors on Friday. The brokerage set a “hold” rating on the financial services provider’s stock.

SB Financial Group stocks rose 4.9%

Shares of NASDAQ:SBFG opened at $18.04 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.91, and a quick ratio of 0.90. The company has a 50 day simple moving average of $15.75 and a two hundred day simple moving average of $14.48. SB Financial Group has a 1 year low of $12.42 and a 1 year high of $18.62. The firm has a market cap of $121.41 million, a PE ratio of 10.31 and a beta of 0.73.

SB Financial Group (NASDAQ:SBFG – Get Free Report ) last announced its quarterly earnings data on Thursday, July 18th. The financial services provider reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.11. The company had revenue of $14.05 million during 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%. On average, equities analysts forecast that SB Financial Group will post 1.59 EPS for the current year.

Institutional inputs and outputs

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Gendell Jeffrey L lifted its position in shares of SB Financial Group by 23.5% in the fourth quarter. Gendell Jeffrey L now owns 45,488 shares of the financial services provider’s stock worth $698,000 after purchasing an additional 8,654 shares during the period. Empowered Funds LLC raised its holdings in SB Financial Group by 7.9% in the first 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, Princeton Capital Management LLC bought a new stake in SB Financial Group in the 2nd quarter valued at $146,000. 66.67% of the shares are currently owned by institutional investors.

About SB Financial Group

(Get a free report)

SB Financial Group, Inc operates as the financial holding company for State Bank and Trust Company, which provides a wide range of commercial banking and wealth management services to individual and corporate clients primarily in Ohio, Indiana and Michigan. Offers checking, savings, money market, and term certificates of deposit; and commercial, consumer, agricultural and residential mortgage loans.

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