SB Financial Group (SBFG) Scheduled to Post Earnings on Thursday

SB Financial Group (NASDAQ:SBFG) will be announcing its earnings results after the market closes on Thursday, April 18th. Analysts expect the company to announce earnings of $0.30 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

SB Financial Group (NASDAQ:SBFG) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.22. SB Financial Group had a return on equity of 10.24% and a net margin of 15.94%. The business had revenue of $15.12 million during the quarter, compared to the consensus estimate of $13.40 million. On average, analysts expect SB Financial Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

SB Financial Group Stock Performance

Shares of NASDAQ SBFG opened at $13.14 on Wednesday. The stock has a market capitalization of $89.21 million, a P/E ratio of 7.51 and a beta of 0.68. The stock’s 50 day moving average price is $14.05 and its two-hundred day moving average price is $14.16. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.83. SB Financial Group has a 52-week low of $11.82 and a 52-week high of $16.25.

Institutional Trading of SB Financial Group

Large investors have recently modified their holdings of the company. Acadian Asset Management LLC bought a new position in SB Financial Group in the 1st quarter worth about $52,000. UBS Group AG increased its position in SB Financial Group by 18.2% in the 2nd quarter. UBS Group AG now owns 9,309 shares of the financial services provider’s stock valued at $161,000 after acquiring an additional 1,434 shares during the period. Jane Street Group LLC bought a new stake in SB Financial Group during the 1st quarter valued at $216,000. State Street Corp boosted its position in SB Financial Group by 14.4% during the 1st quarter. State Street Corp now owns 16,111 shares of the financial services provider’s stock worth $321,000 after acquiring an additional 2,033 shares during the period. Finally, Northern Trust Corp raised its stake in shares of SB Financial Group by 60.6% during the fourth quarter. Northern Trust Corp now owns 19,596 shares of the financial services provider’s stock valued at $298,000 after purchasing an additional 7,398 shares in the last quarter. Institutional investors and hedge funds own 66.67% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of SB Financial Group in a research note on Sunday. They set a “hold” rating on the stock.

SB Financial Group Company Profile

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.