SB Financial Group (NASDAQ:SBFG) Director George W. Carter purchased 946 shares of the stock in a transaction on Thursday, May 17th. The shares were purchased at an average cost of $18.60 per share, with a total value of $17,595.60. Following the transaction, the director now owns 2,837 shares of the company’s stock, valued at approximately $52,768.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
SBFG stock traded down $0.02 during trading on Friday, reaching $18.58. 8,724 shares of the stock traded hands, compared to its average volume of 6,758. SB Financial Group has a 52-week low of $15.61 and a 52-week high of $19.58. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 0.17. The company has a market cap of $120.64 million, a PE ratio of 12.64 and a beta of 0.54.
SB Financial Group (NASDAQ:SBFG) last issued its earnings results on Thursday, April 19th. The financial services provider reported $0.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.04. SB Financial Group had a return on equity of 11.53% and a net margin of 22.35%. The company had revenue of $11.94 million during the quarter, compared to the consensus estimate of $11.10 million. equities analysts forecast that SB Financial Group will post 1.53 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, May 25th. Stockholders of record on Friday, May 11th will be given a $0.08 dividend. This is an increase from SB Financial Group’s previous quarterly dividend of $0.08. The ex-dividend date is Thursday, May 10th. This represents a $0.32 annualized dividend and a dividend yield of 1.72%. SB Financial Group’s dividend payout ratio is presently 21.77%.
Several hedge funds and other institutional investors have recently modified their holdings of SBFG. BlackRock Inc. boosted its position in shares of SB Financial Group by 263.0% in the fourth quarter. BlackRock Inc. now owns 5,895 shares of the financial services provider’s stock worth $109,000 after buying an additional 4,271 shares during the period. SeaCrest Wealth Management LLC purchased a new stake in shares of SB Financial Group in the fourth quarter worth about $283,000. Cutler Capital Management LLC boosted its position in shares of SB Financial Group by 40.4% in the first quarter. Cutler Capital Management LLC now owns 17,000 shares of the financial services provider’s stock worth $314,000 after buying an additional 4,895 shares during the period. Renaissance Technologies LLC boosted its position in shares of SB Financial Group by 111.4% in the fourth quarter. Renaissance Technologies LLC now owns 24,100 shares of the financial services provider’s stock worth $446,000 after buying an additional 12,700 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of SB Financial Group in the first quarter worth about $1,386,000. 15.42% of the stock is owned by institutional investors.
A number of equities research analysts have issued reports on the company. FIG Partners reissued an “outperform” rating on shares of SB Financial Group in a research report on Friday, February 16th. ValuEngine downgraded SB Financial Group from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd.
About SB Financial Group
SB Financial Group, Inc, through its subsidiaries, provides range of banking and wealth management services to individual and corporate customers primarily in northwest Ohio and northeast Indiana. It accepts deposits, such as checking accounts, savings accounts, money market accounts, demand deposits, and time certificates of deposit.
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