SB Financial Group, Inc. (NASDAQ:SBFG) Sees Significant Drop in Short Interest

SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 78,600 shares, a decline of 32.5% from the February 28th total of 116,500 shares. Approximately 1.3% of the company's stock are short sold. Based on an average daily volume of 21,200 shares, the short-interest ratio is currently 3.7 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SBFG. Barclays PLC raised its stake in SB Financial Group by 325.1% during the third quarter. Barclays PLC now owns 1,271 shares of the financial services provider's stock worth $26,000 after acquiring an additional 972 shares during the period. Jones Financial Companies Lllp acquired a new stake in shares of SB Financial Group during the 4th quarter worth approximately $62,000. Jane Street Group LLC bought a new stake in shares of SB Financial Group in the 4th quarter worth approximately $208,000. Ritholtz Wealth Management acquired a new position in SB Financial Group during the 4th quarter valued at approximately $408,000. Finally, Northern Trust Corp grew its stake in SB Financial Group by 41.5% during the 4th quarter. Northern Trust Corp now owns 25,108 shares of the financial services provider's stock worth $525,000 after buying an additional 7,370 shares during the last quarter. 66.67% of the stock is currently owned by institutional investors.

SB Financial Group Stock Down 5.9 %

Shares of SBFG stock traded down $1.21 during trading hours on Thursday, hitting $19.40. 25,870 shares of the company were exchanged, compared to its average volume of 12,956. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.92. The stock has a market capitalization of $126.78 million, a price-to-earnings ratio of 11.28 and a beta of 0.80. SB Financial Group has a one year low of $13.01 and a one year high of $24.48. The business's 50-day simple moving average is $21.52 and its two-hundred day simple moving average is $20.78.

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SB Financial Group (NASDAQ:SBFG - Get Free Report) last issued its earnings results on Thursday, January 23rd. The financial services provider reported $0.52 EPS for the quarter, topping the consensus estimate of $0.41 by $0.11. SB Financial Group had a return on equity of 8.98% and a net margin of 14.10%. Sell-side analysts predict that SB Financial Group will post 2 EPS for the current fiscal year.

SB Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.145 per share. The ex-dividend date was Friday, February 14th. This represents a $0.58 annualized dividend and a yield of 2.99%. SB Financial Group's payout ratio is 33.72%.

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.