FIG Partners Comments on SB Financial Group Inc’s Q3 2019 Earnings (SBFG)

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SB Financial Group Inc (NASDAQ:SBFG) – Analysts at FIG Partners lowered their Q3 2019 EPS estimates for SB Financial Group in a report released on Monday, April 22nd. FIG Partners analyst B. Martin now expects that the financial services provider will post earnings of $0.43 per share for the quarter, down from their previous estimate of $0.44. FIG Partners also issued estimates for SB Financial Group’s Q2 2020 earnings at $0.48 EPS, Q3 2020 earnings at $0.46 EPS and Q4 2020 earnings at $0.46 EPS.

SB Financial Group (NASDAQ:SBFG) last released its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.04. The company had revenue of $11.34 million for the quarter, compared to analysts’ expectations of $11.90 million. SB Financial Group had a return on equity of 10.54% and a net margin of 20.19%.

SBFG has been the topic of a number of other research reports. Zacks Investment Research cut SB Financial Group from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. ValuEngine cut SB Financial Group from a “hold” rating to a “sell” rating in a report on Tuesday.

SBFG opened at $18.03 on Tuesday. The company has a market cap of $117.12 million, a PE ratio of 11.94 and a beta of 0.88. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.14. SB Financial Group has a twelve month low of $16.05 and a twelve month high of $20.53.

Large investors have recently made changes to their positions in the stock. BlackRock Inc. raised its holdings in SB Financial Group by 10.2% during the fourth quarter. BlackRock Inc. now owns 6,854 shares of the financial services provider’s stock worth $113,000 after purchasing an additional 635 shares in the last quarter. Acadian Asset Management LLC raised its holdings in SB Financial Group by 8.9% during the fourth quarter. Acadian Asset Management LLC now owns 24,449 shares of the financial services provider’s stock worth $403,000 after purchasing an additional 2,004 shares in the last quarter. Southside Capital LLC bought a new stake in SB Financial Group during the fourth quarter worth approximately $480,000. Dimensional Fund Advisors LP raised its holdings in SB Financial Group by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 112,565 shares of the financial services provider’s stock worth $1,852,000 after purchasing an additional 1,828 shares in the last quarter. Finally, Cutler Capital Management LLC raised its holdings in SB Financial Group by 15.3% during the fourth quarter. Cutler Capital Management LLC now owns 130,169 shares of the financial services provider’s stock worth $2,141,000 after purchasing an additional 17,302 shares in the last quarter. 46.98% of the stock is currently owned by hedge funds and other institutional investors.

SB Financial Group Company Profile

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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Earnings History and Estimates for SB Financial Group (NASDAQ:SBFG)

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