Welcome to our dedicated page for Sb Finl Group news (Ticker: SBFG), a resource for investors and traders seeking the latest updates and insights on Sb Finl Group stock.
SB Financial Group, Inc. reports news centered on its role as a diversified financial services holding company for State Bank & Trust Company and SBFG Title, LLC dba Peak Title. Recurring updates cover community banking, mortgage banking, wealth management, private client services, commercial and agricultural lending, and title insurance services in Ohio, Indiana, the Tri-State region and Kentucky.
Company announcements commonly address quarterly and annual earnings, net interest income, loan and deposit trends, mortgage banking revenue, loan servicing fees, credit performance, dividends, annual meeting materials and board governance changes.
SB Financial Group, Inc. (NASDAQ: SBFG) will release its first-quarter 2021 financial results on April 30, 2021, after market close. A conference call and webcast for the announcement is scheduled for May 3, 2021, at 11:00 a.m. EDT. Interested parties can join the call by dialing 1-888-338-9469 or via webcast at ir.yourstatebank.com. The company operates 22 offices and provides various financial services including banking, mortgage banking, and wealth management.
SB Financial Group (NASDAQ: SBFG) reported significant fourth-quarter and annual earnings for 2020. Net income reached $5.4 million, a 59.6% increase, resulting in diluted EPS of $0.71, up 69.0%. Adjusted net income rose to $5.8 million, lifting adjusted EPS to $0.77. Mortgage origination volumes increased by 22.9% to $169 million. For the year, net income was $14.9 million, and diluted EPS was $1.96, representing a 30% increase from 2019. Notably, total assets grew to $1.26 billion, a 21.1% increase driven by acquisitions and PPP activity.
SB Financial Group (NASDAQ: SBFG), a community banking entity, will unveil its fourth-quarter and full-year 2020 financial results on January 28, 2021, post-market. A conference call is scheduled for January 29, 2021, at 11:00 a.m. EST. Stakeholders can join via phone or access a live webcast on their website. Headquartered in Defiance, Ohio, the firm operates 22 offices and provides a range of financial services, including wealth management and mortgage banking. It was ranked #125 among community banks by the American Banker Magazine in May 2020.
SB Financial Group (NASDAQ: SBFG) reported a significant 39.6% increase in net income for Q3 2020, reaching $5.3 million, with diluted EPS rising 43.8% to $0.69. Adjusted net income stands at $5.0 million after accounting for $0.3 million in OMSR impacts. Mortgage origination volume surged 26.7% to $200.2 million. For the nine months ended September 30, net income was $9.6 million, with diluted EPS at $1.25. Total assets grew 16.8% to $1.22 billion, and total deposits increased 19.6% to $1.01 billion, driven by PPP loans and the Edon acquisition.
SB Financial Group, Inc. (NASDAQ: SBFG) is set to announce its third-quarter 2020 financial results on October 29, 2020, after market close. A conference call and webcast will follow on October 30 at 11:00 a.m. EDT. Interested participants can join the call at 1-888-338-9469 or via the company website. As a diversified financial services holding company, SB Financial offers community banking, mortgage banking, and wealth management through its various offices in Ohio, Indiana, and Michigan.
SB Financial Group reported strong earnings for Q2 2020, achieving net income of $3.7 million and diluted EPS of $0.47, a 39.1% increase from last year. Adjusted net income increased 73.2% to $5.5 million, with adjusted EPS rising 78% to $0.71. Mortgage origination volume surged 127.2% year-over-year to $223.7 million, reflecting increased demand. However, the company faced a $1.1 million OMSR impairment and merger costs of $1.2 million. Nonperforming assets rose to $7.7 million, an 18.7% increase from the previous quarter.
SB Financial Group, Inc. (NASDAQ: SBFG) has announced its schedule for the release of second-quarter 2020 financial results, set for July 27, 2020, after market close. A conference call to discuss these results will take place on July 28, 2020, at 11:00 a.m. EDT. Interested parties can join the call by dialing 1-888-338-9469 or via the live webcast available at ir.yourstatebank.com.
SB Financial is headquartered in Defiance, Ohio, and operates a range of financial services, being recognized as one of the top community banks in America.
SB Financial Group, Inc. (NASDAQ: SBFG) announced its inclusion in the Russell 2000 and Russell 3000 indexes, effective June 29, 2020, as part of the annual reconstitution. This recognition marks a significant achievement for the company, enhancing its visibility and liquidity within the investment community. The Russell indexes assess the largest U.S. stocks based on market capitalization, with the Russell 3000 including the top 3,000 stocks. The addition is expected to create sustained value for shareholders and indicates the company's performance trajectory.