SB Financial Group (SBFG) AI Stock Analysis

• Market Cap: $119.34M
• Dividend Yield: 3.14%
• Average Volume (3M): 14.33K
• Price to Earnings (P/E): 10.3
• Beta (1Y): 0.38
• Revenue Growth: 9.87%
• EPS Growth: 2.62%
• Country: US
• Employees: 262
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.68
• Shares Outstanding: 6,330,904
• 10 Day Avg. Volume: 7,310
• 30 Day Avg. Volume: 14,328
• 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: 1.04
• Enterprise Value/Revenue: 1.43
• Enterprise Value/Gross Profit: 2.03
• Enterprise Value/Ebitda: 6.64
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: $21.50 ▲(9.97% Upside)

SB Financial Group's overall stock score is driven by strong earnings performance and reasonable valuation. The financial performance is solid, but there are concerns about cash flow and leverage. Technical indicators suggest a cautious approach due to potential overbought conditions. The positive earnings call highlights significant growth and operational efficiency, which supports the stock's attractiveness.

SB Financial Group Business Overview & Revenue Model

Company Description

SB Financial Group (SBFG) is a diversified financial services company that operates in various sectors, including banking, investment management, and insurance. The company provides a wide range of core products and services such as personal and commercial banking, wealth management, and insurance solutions, catering to individuals, businesses, and institutional clients. With a focus on delivering tailored financial solutions, SBFG aims to enhance the financial well-being of its customers while maintaining a commitment to innovation and excellence in service.

How the Company Makes Money

SB Financial Group generates revenue through multiple key streams. The primary source of income comes from interest earned on loans and mortgages issued to customers, which constitutes a significant portion of their banking operations. Additionally, the company earns fees from investment management services, including asset management and advisory fees, as well as commissions from insurance products sold. SBFG also benefits from transaction fees related to banking services such as account maintenance and wire transfers. Strategic partnerships with financial institutions and technology providers further enhance its revenue potential by enabling the company to offer innovative financial products and services. Overall, SBFG's diverse revenue model allows for stable income generation across different market conditions.

SB Financial Group Financial Statement Overview

Summary

SB Financial Group demonstrates solid financial performance with consistent revenue growth, strong profitability, and efficient cash flow management. The moderate leverage and robust return on equity highlight financial strength, though equity reliance is relatively low.

Income Statement

SB Financial Group's TTM revenue growth rate is steady at 2.73%, with gross profit margin at 70.21% and net profit margin at 13.47%, indicating strong profitability. The EBIT margin is 16.26% and EBITDA margin is 20.62%, both reflecting efficient operations. The steady growth and healthy margins suggest solid financial performance, although EBIT has slightly decreased over the period.

Balance Sheet

The debt-to-equity ratio is 0.50, showing moderate leverage. The equity ratio of 8.76% suggests a low reliance on equity for asset financing. Return on equity is robust at 8.56%, indicating effective use of shareholder funds to generate profits. The balance sheet reflects stable financial health, with manageable debt levels and good ROE, though equity reliance is lower than ideal.

Cash Flow

Free cash flow grew by 68.50%, showcasing strong cash generation capability. The operating cash flow to net income ratio is 1.41, indicating efficient cash conversion from earnings. The free cash flow to net income ratio is 1.23, further highlighting effective cash management. Overall, cash flow metrics indicate strong liquidity and efficient cash operations, supporting financial stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	87.07M	81.37M	75.87M	62.80M	72.60M	72.73M
Gross Profit	61.22M	56.81M	56.68M	57.63M	67.53M	61.53M
EBITDA	18.75M	17.41M	18.28M	19.33M	28.94M	25.18M
Net Income	12.00M	11.47M	12.10M	12.52M	18.28M	14.94M
Balance Sheet
Total Assets	1.49B	1.38B	1.34B	1.34B	1.33B	1.26B
Cash, Cash Equivalents and Short-Term Investments	246.84M	199.25M	244.21M	268.73M	415.41M	295.92M
Total Debt	80.67M	65.28M	116.63M	94.52M	40.37M	28.19M
Total Liabilities	1.35B	1.25B	1.22B	1.22B	1.19B	1.11B
Stockholders Equity	133.65M	127.51M	124.34M	118.43M	144.93M	142.92M
Cash Flow
Free Cash Flow	10.53M	8.22M	13.03M	23.67M	14.83M	21.93M
Operating Cash Flow	12.65M	9.45M	13.99M	25.57M	17.26M	23.91M
Investing Cash Flow	-25.45M	-28.95M	-17.39M	-165.67M	-71.99M	-57.22M
Financing Cash Flow	70.28M	22.46M	-1.45M	18.41M	63.55M	146.94M

SB Financial Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 19.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SBFG, the sentiment is Negative. The current price of 19.55 is above the 20-day moving average (MA) of 19.16, below the 50-day MA of 20.16, and below the 200-day MA of 19.86, indicating a bearish trend. The MACD of -0.25 indicates Negative momentum. The RSI at 43.06 is Neutral, neither overbought nor oversold. The STOCH value of 42.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SBFG.

SB Financial Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SBFG	―	$119.34M	10.27	9.23%	3.14%	9.87%	2.62%
FCAP	―	$141.35M	9.59	11.84%	2.79%	11.62%	25.07%
EBMT	―	$130.18M	9.30	7.43%	3.43%	6.23%	59.32%
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
UNB	―	$103.04M	10.57	―	6.51%	14.58%	7.73%
SRBK	―	$116.02M	23.73	1.91%	1.02%	26.46%	―
PNBK	―	$139.14M	-0.13	-82.98%	―	-11.96%	-500.26%

SB Financial Group Corporate Events

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.

SB Financial Group’s Earnings Call Highlights Growth

The recent earnings call for SB Financial Group Inc. conveyed a generally positive outlook, highlighting significant growth in net income, deposits, and loan volumes. The company demonstrated strong revenue diversification and mortgage origination, although it faced challenges such as a slight decline in deposits from the previous quarter and issues within the Wealth Management division. Despite these hurdles, the overall performance was robust, marked by the company’s inclusion in the Russell 2000 Index as a notable achievement.