SB Financial Group (NASDAQ:SBFG) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of SB Financial Group (NASDAQ:SBFG) in a note issued to investors on Wednesday. The firm set a “hold” rating on the financial services provider’s stock.

SB Financial Group Stock Up 0.9 %

SBFG opened at $14.13 on Wednesday. The business has a 50 day moving average of $13.84 and a 200-day moving average of $14.28. The stock has a market capitalization of $95.52 million, a price-to-earnings ratio of 8.07 and a beta of 0.73. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44. SB Financial Group has a 1-year low of $12.30 and a 1-year high of $16.25.

SB Financial Group (NASDAQ:SBFG) last issued its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. SB Financial Group had a net margin of 15.47% and a return on equity of 10.00%. The firm had revenue of $13.13 million during the quarter, compared to the consensus estimate of $13.50 million. As a group, sell-side analysts anticipate that SB Financial Group will post 1.41 earnings per share for the current year.

Institutional Trading of SB Financial Group

A hedge fund recently raised its stake in SB Financial Group stock. Empowered Funds LLC boosted its holdings in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 7.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,366 shares of the financial services provider’s stock after buying an additional 2,450 shares during the period. Empowered Funds LLC owned about 0.49% of SB Financial Group worth $460,000 as of its most recent SEC filing. 66.67% of the stock is currently owned by hedge funds and other institutional investors.

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.