SB Financial Group, Inc. (NASDAQ:SBFG) Shares Bought by PL Capital Advisors LLC

PL Capital Advisors LLC grew its position in shares of SB Financial Group, Inc. (NASDAQ:SBFG - Free Report) by 1,991.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 588,805 shares of the financial services provider's stock after buying an additional 560,646 shares during the quarter. SB Financial Group accounts for 0.1% of PL Capital Advisors LLC's investment portfolio, making the stock its 24th largest holding. PL Capital Advisors LLC owned 8.85% of SB Financial Group worth $12,312,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC grew its stake in shares of SB Financial Group by 325.1% during the 3rd quarter. Barclays PLC now owns 1,271 shares of the financial services provider's stock worth $26,000 after purchasing an additional 972 shares during the period. Ritholtz Wealth Management acquired a new position in shares of SB Financial Group during the 4th quarter worth $408,000. Empowered Funds LLC grew its stake in shares of SB Financial Group by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 37,762 shares of the financial services provider's stock worth $776,000 after purchasing an additional 1,876 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of SB Financial Group by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 71,076 shares of the financial services provider's stock worth $1,462,000 after purchasing an additional 2,416 shares during the period. 66.67% of the stock is owned by institutional investors and hedge funds.

SB Financial Group Price Performance

Shares of NASDAQ:SBFG traded up $0.19 on Friday, reaching $21.18. 21,578 shares of the company were exchanged, compared to its average volume of 16,710. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. SB Financial Group, Inc. has a 1-year low of $13.01 and a 1-year high of $24.48. The firm has a market cap of $140.89 million, a price-to-earnings ratio of 12.31 and a beta of 0.77. The company has a 50-day moving average of $21.63 and a 200-day moving average of $20.04.

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SB Financial Group (NASDAQ:SBFG - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.11. SB Financial Group had a net margin of 14.10% and a return on equity of 8.98%. Equities analysts forecast that SB Financial Group, Inc. will post 2 earnings per share for the current fiscal year.

SB Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.145 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.58 dividend on an annualized basis and a yield of 2.74%. SB Financial Group's payout ratio is 33.72%.

SB Financial Group Profile

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.