SB Financial Group, Inc. logo

SB Financial Group, Inc.

SBFG

NASDAQFinancial ServicesBanks - Regional

Previous close

$26.57

−$0.06 · -0.23%

Aug 21, 4:00 PM ET

SBFG company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

89

Deep Value

Momentum

57

Neutral

Sentiment

72

Bullish

Risk resilience

72

Moderate Risk

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Company profile

Company website

SB Financial Group, Inc., based in Defiance, Ohio, was established in 1983 and rebranded from Rurban Financial Corp. in April 2013. The company delivers a comprehensive array of commercial banking and wealth management solutions to both individual and business clients throughout Ohio, Indiana, and Michigan. Its banking provisions include various deposit instruments such as checking, savings, money market accounts, and certificates of deposit. The firm also extends diverse lending options, covering commercial, consumer, agricultural, and home mortgage loans. Complementary services offered encompass automated teller machines, personal and corporate trust administration, commercial equipment leasing, credit cards, safe deposit facilities, online banking, specialized private client group offerings, and other customized financial products. Beyond its core banking operations, SB Financial Group provides extensive wealth management services. These feature asset management for individuals and corporate employee benefit plans, alongside brokerage capabilities. Additionally, the company markets insurance policies to both retail and commercial clientele. As of the end of 2021, SB Financial Group operated a network of 22 banking branches across multiple Ohio counties (Allen, Defiance, Franklin, Fulton, Hancock, Lucas, Paulding, Wood, and Williams), plus one banking center in Allen County, Indiana. Its strategic presence further included five loan production offices situated in Franklin and Lucas Counties, Ohio; Hamilton and Steuben Counties, Indiana; and Monroe County, Michigan.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
Mark A. Klein
Listed since
Jan 4, 1999
Employees
254

Market position

Day range

Current $26.57

52-week range

Current $26.57

Open
$27.10
Previous close
$26.63
Volume
22.62K
0.77× average
Average volume
29.29K
Average daily volume
Market cap
166.73M USD
Beta
0.18
Market reference 1
50-day average
$25.7598
+3.15% above average
200-day average
$22.5855
+17.64% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
133.12M USD
P/E (TTM)
9.91×
P/B (TTM)
1.12×
P/S (TTM)
1.76×
EV / EBITDA
6.84×
Earnings yield
9.85%
Free cash flow yield
15.11%
Dividend yield
2.37%

Profitability & efficiency

Gross margin
71.19%
Operating margin
21.85%
Net margin
17.67%
Return on equity
9.89%
Return on assets
0.90%
Return on invested capital
5.93%

Financial health

Debt / equity
0.4×
Current ratio
0.12×
Altman Z-score
0.39
Piotroski F-score
9 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends101%69%38%6%Gross margin, FY2021: 93.02%Gross margin, FY2022: 91.77%Gross margin, FY2023: 74.70%Gross margin, FY2024: 69.83%Gross margin, FY2025: 70.59%Operating margin, FY2021: 31.30%Operating margin, FY2022: 24.39%Operating margin, FY2023: 19.40%Operating margin, FY2024: 17.03%Operating margin, FY2025: 18.96%Net margin, FY2021: 25.17%Net margin, FY2022: 19.94%Net margin, FY2023: 15.94%Net margin, FY2024: 14.10%Net margin, FY2025: 15.35%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 93.02%. Gross margin FY2022 91.77%. Gross margin FY2023 74.70%. Gross margin FY2024 69.83%. Gross margin FY2025 70.59%. Operating margin FY2021 31.30%. Operating margin FY2022 24.39%. Operating margin FY2023 19.40%. Operating margin FY2024 17.03%. Operating margin FY2025 18.96%. Net margin FY2021 25.17%. Net margin FY2022 19.94%. Net margin FY2023 15.94%. Net margin FY2024 14.10%. Net margin FY2025 15.35%.

Income trends

Revenue

91.03M USD+11.87%

Operating income

17.26M USD+24.53%

Net income

13.97M USD+21.83%
Income trends across reported periods98.98M USD67.16M USD35.34M USD3.51M USDRevenue, FY2021: 72.6M USDRevenue, FY2022: 62.8M USDRevenue, FY2023: 75.87M USDRevenue, FY2024: 81.37M USDRevenue, FY2025: 91.03M USDOperating income, FY2021: 22.72M USDOperating income, FY2022: 15.32M USDOperating income, FY2023: 14.72M USDOperating income, FY2024: 13.86M USDOperating income, FY2025: 17.26M USDNet income, FY2021: 18.28M USDNet income, FY2022: 12.52M USDNet income, FY2023: 12.1M USDNet income, FY2024: 11.47M USDNet income, FY2025: 13.97M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 72.6M USD. Revenue FY2022 62.8M USD. Revenue FY2023 75.87M USD. Revenue FY2024 81.37M USD. Revenue FY2025 91.03M USD. Operating income FY2021 22.72M USD. Operating income FY2022 15.32M USD. Operating income FY2023 14.72M USD. Operating income FY2024 13.86M USD. Operating income FY2025 17.26M USD. Net income FY2021 18.28M USD. Net income FY2022 12.52M USD. Net income FY2023 12.1M USD. Net income FY2024 11.47M USD. Net income FY2025 13.97M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue91.03M USD81.37M USD75.87M USD62.8M USD72.6M USD
Cost of goods sold26.77M USD24.55M USD19.19M USD5.17M USD5.07M USD
Gross profit64.25M USD56.82M USD56.68M USD57.63M USD67.53M USD
Selling, general, and administrative26.49M USD25.16M USD24.19M USD25.67M USD28.29M USD
Operating expenses47M USD42.96M USD41.96M USD42.31M USD44.81M USD
Interest income73.92M USD64.35M USD58.15M USD44.57M USD41.9M USD
Interest expense25.47M USD24.43M USD18.88M USD5.17M USD4.02M USD
Depreciation and amortization2.2M USD3.55M USD3.57M USD4.01M USD6.22M USD
Operating income17.26M USD13.86M USD14.72M USD15.32M USD22.72M USD
Net income13.97M USD11.47M USD12.1M USD12.52M USD18.28M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+14.40%
11 comparable reports
Latest EPS result
0.73
Estimate 0.69 · Beat by 5.80%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.770.630.50.36Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 24, 2025: actual 0.52, estimate 0.41, surprise +26.83%, Beat. Q2 2025, reported May 1, 2025: actual 0.42, estimate 0.4, surprise +5.00%, Beat. Q3 2025, reported Jul 24, 2025: actual 0.58, estimate 0.54, surprise +7.41%, Beat. Q4 2025, reported Oct 30, 2025: actual 0.68, estimate 0.62, surprise +9.68%, Beat. Q1 2026, reported Jan 29, 2026: actual 0.65, estimate 0.64, surprise +1.56%, Beat. Q2 2026, reported Apr 23, 2026: actual 0.63, estimate 0.6, surprise +5.00%, Beat. Q3 2026, reported Jul 23, 2026: actual 0.73, estimate 0.69, surprise +5.80%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.62, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates18.71M15.64M12.56M9.48MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 24, 2025: actual 15.17M USD, estimate 10.2M USD, surprise +48.69%, Beat. Q2 2025, reported May 1, 2025: actual 15.39M USD, estimate 11.3M USD, surprise +36.16%, Beat. Q3 2025, reported Jul 24, 2025: actual 17.18M USD, estimate 12.3M USD, surprise +39.64%, Beat. Q4 2025, reported Oct 30, 2025: actual 16.58M USD, estimate 12.3M USD, surprise +34.78%, Beat. Q1 2026, reported Jan 29, 2026: actual 16.58M USD, estimate 12.3M USD, surprise +34.77%, Beat. Q2 2026, reported Apr 23, 2026: actual 17.42M USD, estimate 12.6M USD, surprise +38.29%, Beat. Q3 2026, reported Jul 23, 2026: actual 18M USD, estimate 12.7M USD, surprise +41.69%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 12.7M USD, surprise —, Comparison unavailable.

SBFG news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.60

2025 complete year+41.5% since 2021

2026 partial: $0.475

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 14, 2026

$0.16

Quarterly

Record Aug 14, 2026 · Payment Aug 28, 2026

Dividend

Ex-dividend May 15, 2026

$0.16

Quarterly

Record May 15, 2026 · Payment May 29, 2026

Dividend

Ex-dividend Feb 13, 2026

$0.155

Quarterly

Record Feb 13, 2026 · Payment Feb 27, 2026

Dividend

Ex-dividend Nov 14, 2025

$0.155

Quarterly

Record Nov 14, 2025 · Payment Nov 28, 2025

Dividend

Ex-dividend Aug 15, 2025

$0.15

Quarterly

Record Aug 15, 2025 · Payment Aug 29, 2025

Dividend

Ex-dividend May 16, 2025

$0.15

Quarterly

Record May 16, 2025 · Payment May 30, 2025

SBFG peers

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