StockNews.com Initiates Coverage on SB Financial Group (NASDAQ:SBFG)

StockNews.com started coverage on shares of SB Financial Group (NASDAQ:SBFG - Free Report) in a research note released on Sunday. The brokerage issued a hold rating on the financial services provider's stock.

SB Financial Group Stock Performance

NASDAQ SBFG traded up $0.11 during trading hours on Friday, reaching $13.71. 1,786 shares of the company were exchanged, compared to its average volume of 2,238. SB Financial Group has a 1 year low of $11.82 and a 1 year high of $16.25. The business's 50 day simple moving average is $14.15 and its 200-day simple moving average is $14.17. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $93.05 million, a P/E ratio of 7.83 and a beta of 0.68.

SB Financial Group (NASDAQ:SBFG - Get Free Report) last posted its earnings results on Thursday, January 25th. The financial services provider reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.22. The firm had revenue of $15.12 million during the quarter, compared to the consensus estimate of $13.40 million. SB Financial Group had a net margin of 15.94% and a return on equity of 10.24%. On average, equities research analysts expect that SB Financial Group will post 1.49 earnings per share for the current year.

SB Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Friday, February 9th were paid a $0.135 dividend. The ex-dividend date was Thursday, February 8th. This represents a $0.54 annualized dividend and a dividend yield of 3.94%. SB Financial Group's payout ratio is 30.86%.

Hedge Funds Weigh In On SB Financial Group

Large investors have recently modified their holdings of the business. Gendell Jeffrey L increased its holdings in SB Financial Group by 23.5% during the 4th quarter. Gendell Jeffrey L now owns 45,488 shares of the financial services provider's stock worth $698,000 after acquiring an additional 8,654 shares during the period. Bridgeway Capital Management LLC increased its holdings in SB Financial Group by 4.2% during the 4th quarter. Bridgeway Capital Management LLC now owns 66,406 shares of the financial services provider's stock worth $1,012,000 after acquiring an additional 2,688 shares during the period. Northern Trust Corp increased its holdings in SB Financial Group by 60.6% during the 4th quarter. Northern Trust Corp now owns 19,596 shares of the financial services provider's stock worth $298,000 after acquiring an additional 7,398 shares during the period. Dimensional Fund Advisors LP increased its holdings in SB Financial Group by 3.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 157,437 shares of the financial services provider's stock worth $2,399,000 after acquiring an additional 5,678 shares during the period. Finally, PL Capital Advisors LLC increased its holdings in SB Financial Group by 4.2% during the 3rd quarter. PL Capital Advisors LLC now owns 28,159 shares of the financial services provider's stock worth $380,000 after acquiring an additional 1,123 shares during the period. Hedge funds and other 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.