SB Financial Group (SBFG) AI Stock Analysis

• Market Cap: $134.76M
• Dividend Yield: 2.8%
• Average Volume (3M): 11.85K
• Price to Earnings (P/E): 10.1
• Beta (1Y): 0.23
• Revenue Growth: 10.78%
• EPS Growth: 21.72%
• Country: US
• Employees: 262
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.68
• Shares Outstanding: 6,298,527
• 10 Day Avg. Volume: 12,804
• 30 Day Avg. Volume: 11,852
• PEG Ratio: -4.30
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 1.71
• P/FCF Ratio: 16.94
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 1.26
• Enterprise Value/Gross Profit: 1.77
• Enterprise Value/Ebitda: 5.43
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: $22.00 ▲(1.76% Upside)

SB Financial Group's overall stock score is driven by strong financial performance and a positive earnings call, highlighting significant growth in net income and asset quality improvements. The valuation is attractive with a low P/E ratio and solid dividend yield. Technical analysis indicates a neutral trend, which slightly tempers the overall score.

Positive Factors

Revenue Growth

The steady revenue growth indicates a robust business model and effective market strategies, supporting long-term financial stability and expansion.

Loan and Deposit Growth

Sustained loan and deposit growth enhances liquidity and capital availability, strengthening the company's market position and growth prospects.

Asset Quality

Strong asset quality management reduces risk exposure and enhances financial resilience, ensuring stability in future economic fluctuations.

Negative Factors

Decline in Mortgage Originations

A decline in mortgage originations could limit future revenue streams and indicates potential challenges in the housing market or competitive pressures.

Noninterest Income Decrease

The decrease in noninterest income suggests potential vulnerabilities in diversifying revenue sources, which could impact profitability if trends persist.

Profitability Margins

Decreasing profitability margins may signal rising costs or pricing pressures, potentially affecting long-term earnings and competitive positioning.

SB Financial Group Business Overview & Revenue Model

Company Description

SB Financial Group (SBFG) is a diversified financial services company that operates primarily in the banking, investment, and insurance sectors. With a focus on delivering personalized financial solutions, SBFG offers a range of core products and services including commercial and consumer banking, wealth management, investment advisory, and insurance products. The company aims to foster financial growth and security for its clients through innovative solutions tailored to meet their unique needs.

How the Company Makes Money

SB Financial Group generates revenue through multiple key streams. Primarily, the company earns interest income from its banking operations, which include loans, mortgages, and credit products. Service fees from account maintenance, transaction processing, and financial advisory services also contribute significantly to its income. Additionally, SBFG generates revenue from asset management and investment services, charging management fees based on the assets under management. The insurance division earns premiums from policyholders, which adds another layer to its revenue model. Strategic partnerships with other financial institutions and referral agreements enhance its service offerings and broaden its customer base, further driving revenue growth.

SB Financial Group Financial Statement Overview

Summary

SB Financial Group demonstrates solid revenue growth and operational efficiency, with stable margins. The balance sheet is moderately leveraged, but the low equity ratio and declining free cash flow growth could pose risks. The company should focus on improving cash flow generation to enhance financial stability.

Income Statement

SB Financial Group's income statement shows a consistent revenue growth with a TTM increase of 4.16%. The gross profit margin remains strong at 70.31%, indicating efficient cost management. However, the net profit margin has slightly decreased to 13.78% from previous periods, suggesting some pressure on net earnings. EBIT and EBITDA margins are stable, reflecting solid operational performance.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.60, indicating a balanced approach to leverage. Return on equity is at 9.13%, showing decent profitability relative to shareholder equity. The equity ratio stands at 8.99%, which is relatively low, suggesting a higher reliance on debt financing.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by 23.97% in the TTM, which could be a concern for liquidity. The operating cash flow to net income ratio is low at 0.01, indicating potential cash flow challenges. However, the free cash flow to net income ratio is healthy at 83.23%, suggesting good cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	89.45M	81.37M	75.87M	62.80M	72.60M	72.73M
Gross Profit	63.56M	56.81M	56.68M	57.63M	67.53M	61.53M
EBITDA	20.75M	17.41M	18.28M	19.33M	28.94M	25.18M
Net Income	13.69M	11.47M	12.10M	12.52M	18.28M	14.94M
Balance Sheet
Total Assets	1.50B	1.38B	1.34B	1.34B	1.33B	1.26B
Cash, Cash Equivalents and Short-Term Investments	131.34M	199.25M	244.21M	268.73M	415.41M	295.92M
Total Debt	65.70M	65.28M	116.63M	94.52M	40.37M	28.19M
Total Liabilities	1.36B	1.25B	1.22B	1.22B	1.19B	1.11B
Stockholders Equity	136.94M	127.51M	124.34M	118.43M	144.93M	142.92M
Cash Flow
Free Cash Flow	19.54M	8.22M	13.03M	23.67M	14.83M	21.93M
Operating Cash Flow	21.73M	9.45M	13.99M	25.57M	17.26M	23.91M
Investing Cash Flow	-19.07M	-28.95M	-17.39M	-165.67M	-71.99M	-57.22M
Financing Cash Flow	33.02M	22.46M	-1.45M	18.41M	63.55M	146.94M

SB Financial Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SBFG, the sentiment is Positive. The current price of 21.62 is above the 20-day moving average (MA) of 20.49, above the 50-day MA of 19.78, and above the 200-day MA of 19.62, indicating a bullish trend. The MACD of 0.42 indicates Negative momentum. The RSI at 58.94 is Neutral, neither overbought nor oversold. The STOCH value of 84.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SBFG.

SB Financial Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SBFG	76 Outperform	$134.76M	10.12	10.12%	2.80%	10.78%	21.72%
FCAP	72 Outperform	$165.37M	11.22	11.84%	2.62%	11.36%	25.07%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
UNB	66 Neutral	$103.29M	9.09	15.11%	6.23%	14.52%	27.90%
EBMT	64 Neutral	$130.65M	9.53	7.43%	3.46%	6.10%	59.32%
SRBK	56 Neutral	$117.69M	39.72	1.57%	0.97%	9.43%	166.36%
PNBK	55 Neutral	$137.99M	-0.13	-35.87%	―	-11.99%	63.64%

SB Financial Group Corporate Events

SB Financial Group’s Earnings Call Highlights Strong Growth

The recent earnings call for SB Financial Group Inc. painted a generally positive picture of the company’s financial health, marked by robust growth in net income and net interest income, as well as successful loan and deposit expansion. The company also reported improved asset quality and the completion of a significant acquisition. Despite these achievements, challenges such as declines in mortgage originations and noninterest income were noted. However, the overall sentiment was optimistic, with positive aspects overshadowing the negatives.

SB Financial Group Announces Increased Quarterly Dividend

On October 17, 2025, SB Financial Group announced a quarterly cash dividend of $0.155 per common share, payable on November 28, 2025, to shareholders of record as of November 14, 2025. This dividend represents a 7 percent increase over the previous year’s dividend, reflecting the company’s commitment to returning value to its shareholders. The announcement underscores SB Financial’s stable financial performance and strategic focus on enhancing shareholder returns, positioning it favorably within the financial services industry.

The most recent analyst rating on (SBFG) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on SB Financial Group stock, see the SBFG Stock Forecast page.