SB Financial Group Inc (NASDAQ:SBFG) Director George W. Carter bought 1,500 shares of the business’s stock in a transaction dated Friday, May 10th. The shares were acquired at an average cost of $17.99 per share, for a total transaction of $26,985.00. Following the transaction, the director now directly owns 3,187 shares in the company, valued at approximately $57,334.13. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of NASDAQ SBFG traded up $0.21 during midday trading on Friday, hitting $18.11. 4,305 shares of the company’s stock were exchanged, compared to its average volume of 15,353. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.00 and a current ratio of 1.00. SB Financial Group Inc has a twelve month low of $16.05 and a twelve month high of $20.53. The firm has a market capitalization of $115.91 million, a PE ratio of 11.99 and a beta of 0.86.
SB Financial Group (NASDAQ:SBFG) last issued its earnings results on Thursday, April 18th. The financial services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.04. SB Financial Group had a return on equity of 10.45% and a net margin of 20.19%. The business had revenue of $11.34 million for the quarter, compared to analyst estimates of $11.90 million. On average, sell-side analysts forecast that SB Financial Group Inc will post 1.64 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Friday, May 10th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Thursday, May 9th. This is a positive change from SB Financial Group’s previous quarterly dividend of $0.09. SB Financial Group’s dividend payout ratio (DPR) is 23.84%.
SBFG has been the topic of several research analyst reports. Zacks Investment Research raised SB Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, March 5th. ValuEngine raised SB Financial Group from a “sell” rating to a “hold” rating in a research report on Monday.
Hedge funds and other institutional investors have recently modified their holdings of the company. Cutler Capital Management LLC increased its position 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 buying an additional 17,302 shares during the period. JCSD Capital LLC increased its position in SB Financial Group by 23.4% during the fourth quarter. JCSD Capital LLC now owns 286,944 shares of the financial services provider’s stock worth $4,720,000 after buying an additional 54,374 shares during the period. Acadian Asset Management LLC increased its position 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 buying an additional 2,004 shares during the period. Southside Capital LLC acquired a new position in SB Financial Group during the fourth quarter worth approximately $480,000. Finally, BlackRock Inc. increased its position 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 buying an additional 635 shares during the period. 47.16% of the stock is currently owned by institutional investors and hedge funds.
About SB Financial Group
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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