SB Financial Group Inc (NASDAQ:SBFG) Director George W. Carter bought 834 shares of the company’s stock in a transaction on Tuesday, February 13th. The stock was purchased at an average cost of $18.00 per share, for a total transaction of $15,012.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of SB Financial Group Inc (SBFG) traded down $0.09 during mid-day trading on Wednesday, reaching $18.30. The company’s stock had a trading volume of 52,501 shares, compared to its average volume of 24,417. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.96 and a current ratio of 0.97. SB Financial Group Inc has a 12 month low of $15.61 and a 12 month high of $19.58. The firm has a market cap of $87.62, a price-to-earnings ratio of 11.51 and a beta of 0.53.
SB Financial Group (NASDAQ:SBFG) last issued its earnings results on Thursday, January 25th. The financial services provider reported $0.37 earnings per share for the quarter. SB Financial Group had a return on equity of 12.43% and a net margin of 22.26%. The company had revenue of $11.75 million for the quarter.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Shareholders of record on Friday, February 16th will be given a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Thursday, February 15th. SB Financial Group’s payout ratio is currently 18.87%.
Separately, ValuEngine lowered SB Financial Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd.
Hedge funds have recently modified their holdings of the business. BlackRock Inc. increased its position in SB Financial Group by 263.0% in the 4th quarter. BlackRock Inc. now owns 5,895 shares of the financial services provider’s stock worth $109,000 after purchasing an additional 4,271 shares during the last quarter. SeaCrest Wealth Management LLC bought a new stake in shares of SB Financial Group during the 4th quarter worth about $283,000. Renaissance Technologies LLC boosted its stake in shares of SB Financial Group by 111.4% during the 4th quarter. Renaissance Technologies LLC now owns 24,100 shares of the financial services provider’s stock worth $446,000 after acquiring an additional 12,700 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of SB Financial Group by 2.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 76,580 shares of the financial services provider’s stock worth $1,301,000 after acquiring an additional 1,639 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of SB Financial Group by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 87,225 shares of the financial services provider’s stock worth $1,481,000 after acquiring an additional 400 shares in the last quarter. 22.22% of the stock is currently owned by institutional investors.
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SB Financial Group Company Profile
SB Financial Group, Inc is a bank holding company. Through its direct and indirect subsidiaries, the Company is engaged in a range of activities, including commercial banking, item processing and wealth management services. The Company’s subsidiaries include The State Bank and Trust Company (State Bank), RFCBC, Inc (RFCBC), Rurbanc Data Services, Inc (doing business as RDSI Banking Systems (RDSI)), SBT Insurance, LLC (SBI) and Rurban Statutory Trust II (RST II).
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