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

SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 79,600 shares, a decline of 29.1% from the January 31st total of 112,200 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average trading volume of 22,900 shares, the short-interest ratio is currently 3.5 days.

SB Financial Group Stock Performance

SBFG stock traded down $0.10 during trading on Thursday, reaching $20.30. 19,841 shares of the company's stock were exchanged, compared to its average volume of 18,103. SB Financial Group has a 1-year low of $13.01 and a 1-year high of $24.48. The firm has a market cap of $135.04 million, a PE ratio of 11.80 and a beta of 0.77. The company's fifty day moving average price is $21.64 and its 200-day moving average price is $20.23. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.41.

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

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SB Financial Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.145 dividend. This represents a $0.58 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend was Friday, February 14th. SB Financial Group's dividend payout ratio (DPR) is presently 33.72%.

Institutional Investors Weigh In On SB Financial Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bridgeway Capital Management LLC boosted its stake in SB Financial Group by 2.6% during the 4th quarter. Bridgeway Capital Management LLC now owns 75,127 shares of the financial services provider's stock valued at $1,571,000 after purchasing an additional 1,875 shares in the last quarter. Jane Street Group LLC bought a new position in SB Financial Group during the fourth quarter valued at about $208,000. Northern Trust Corp grew its holdings in SB Financial Group by 41.5% during the fourth quarter. Northern Trust Corp now owns 25,108 shares of the financial services provider's stock worth $525,000 after acquiring an additional 7,370 shares during the period. Dimensional Fund Advisors LP grew its holdings in SB Financial Group by 3.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 164,832 shares of the financial services provider's stock worth $3,447,000 after acquiring an additional 5,137 shares during the period. Finally, Geode Capital Management LLC raised its position in SB Financial Group by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 71,749 shares of the financial services provider's stock worth $1,501,000 after acquiring an additional 673 shares in the last quarter. Institutional investors own 66.67% of the company's stock.

SB Financial Group Company 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.