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SBI (OTCMKTS:SBHGF) Releases Earnings Results

SBI logo with Finance background

Key Points

  • SBI Holdings reported earnings per share (EPS) of $1.81, significantly surpassing analysts' expectations of $0.99, with quarterly revenue reaching $3.09 billion.
  • The company's stock rose 2.4% following the earnings release, with shares trading at $39.59 on Friday, and SBI holding a market capitalization of $11.96 billion.
  • SBI operates in multiple business segments including Financial Services, Asset Management, and Crypto-Asset, indicating a diverse approach to its investment operations.
  • Five stocks to consider instead of SBI.

SBI (OTCMKTS:SBHGF - Get Free Report) released its quarterly earnings data on Thursday. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.82, Zacks reports. The firm had revenue of $3.09 billion for the quarter. SBI had a net margin of 11.23% and a return on equity of 8.76%.

SBI Stock Up 2.4%

Shares of SBHGF traded up $0.92 during trading hours on Friday, reaching $39.59. 14 shares of the company traded hands, compared to its average volume of 5,743. The company's fifty day moving average price is $34.57 and its two-hundred day moving average price is $29.85. The company has a market capitalization of $11.96 billion, a price-to-earnings ratio of 11.75 and a beta of 0.74. SBI has a 12 month low of $19.00 and a 12 month high of $42.00.

SBI Company Profile

(Get Free Report)

SBI Holdings, Inc engages in the online securities and investment businesses. It operates through five business segments: Financial Services Business, Asset Management Business, Investment Business, Crypto-Asset Business, and Non-financial Business segments. The Financial Services Business segment consists of a range of finance-related business, including securities brokerage business; banking services business; and life, property, and casualty insurance business.

Further Reading

Earnings History for SBI (OTCMKTS:SBHGF)

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