SB Financial reports Q4 EPS 55c, vs 58c last year

“Our fourth-quarter and full-year 2024 results underscore our ability to navigate challenges while delivering growth in key areas,” said Mark A. Klein, Chairman, President, and CEO. “Net income for the quarter was $3.6 M, a 54.4 % increase from the linked quarter. Diluted EPS for the quarter was 55c, with full-year diluted EPS reaching $1.72. “In addition to our financial results, we are pleased that we were able to close on the Marblehead acquisition earlier this month. We achieved $64.3 million in total interest income for the year, a 10.7 percent increase over 2023, which partially offset a slight decline in net income to $11.5 million. These results highlight our disciplined approach to growth, operational efficiency, and long-term value creation for our stakeholders. As we move into 2025, we remain focused on leveraging our momentum and strengthening our financial position.”