SB Financial Group, Inc.

SB Financial Group, Inc.

SBFG
SB Financial Group, Inc.US flagNASDAQ Capital Market
21.07
USD
-0.08
- -
132.22MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.82
6.6
7.61
8.54
9.02
7.67
7.8
8.26
9.22
8.23
8.35
8.55
10.29
10.72
Basic EPS, GAAP
1.02
1.03
1.3
1.52
1.99
1.64
1.63
1.87
2.46
1.79
1.77
1.72
2.19
2.55
Free Cash Flow per Basic Share
2.5
0.61
0.28
2.42
1.2
1.82
2.48
2.74
1.99
3.38
1.91
1.23
3.37
1.97
Dividend per Share
0.11
0.15
0.38
0.42
0.46
0.47
0.48
0.38
0.42
0.49
0.52
0.57
0.6
0.61
Book Value per Share
8.31
9.17
10.26
11.57
13.45
16.06
18.76
17.39
20.73
23.31
24.87
26.65
29.46
30.28
Tangible Book Value per Share
6.59
7.69
8.52
9.32
10.62
13.63
15.83
14.15
14.75
11.66
12.77
13.42
15.52
15.98
Basic Weighted Avg Shares
5
5
5
5
5
7
7
8
7
7
7
7
6
6
Sales/Revenue/Turnover
35
34
39
44
46
50
53
66
69
58
57
57
66
68
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
2
2
2
3
3
3
4
7
6
4
4
4
4
4
Net Income, GAAP
5
5
8
9
11
12
12
15
18
13
12
11
14
16
Effective Tax Rate (%)
30.12
28.38
30.88
31.91
18.79
19.43
18.17
18.95
19.57
18.25
17.82
17.22
19.01
19.23
Profit Margin (%)
14.93
15.59
19.51
20.08
24.26
23.33
22.66
22.63
26.65
21.73
21.22
20.14
21.31
23.84
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
17
30
35
26
18
16
16
8
25
80
103
55
55
47
Total Equity
56
76
81
87
94
130
136
143
145
118
124
128
141
144
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
12.96
11.77
13.38
13.96
15.86
12.36
9.52
11.23
12.47
7.89
7.26
6.61
7.65
8.72

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
55
55
47
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
124
142
132

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
131
146
155
Accounts Receivable, Net
5
5
5
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
3
2
3
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.47%
0.28%
10.77%
Free Cash Flow
99.72%
21.23%
160.73%
Net Income, GAAP
7.82%
0.81%
21.83%
Sales/Revenue/Turnover
5.84%
0.37%
15.14%
Total Cash Common Dividend
15.54%
4.66%
2.1%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13
14
14
15
57
2025
15
17
17
16
66
2026
17
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.47
0.35
0.55
1.72
2025
0.33
0.6
0.64
0.63
2.19
2026
0.69
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
0.14
0.14
0.15
0.57
2025
0.15
0.15
0.15
0.16
0.6
2026
0.16
- -
- -
- -
- -

Company Description

APIChat
CEO
Mark A. Klein
Full Time Employees
262
Sector
Financial Services
Industry
Banks - Regional
Address
401 Clinton Street Defiance OH United States of America 43512
IPO Date
Jan 4, 1999
Business
SB Financial Group, Inc. (Nasdaq: SBFG) operates as a diversified financial services holding company for The State Bank and Trust Company and SBFG Title, LLC dba Peak Title, providing a full range of commercial banking, wealth management, and related services to consumers, small businesses, and corporate clients primarily in the Tri-State region of Ohio, Indiana, and Michigan. The company offers deposit products including checking accounts, savings accounts, money market accounts, demand deposits, and time certificates of deposit; lending solutions encompassing commercial, consumer, agricultural, and residential mortgage loans; wealth management services such as asset management for individuals and corporate employee benefit plans, personal and corporate trust, brokerage, retirement services, insurance products, and business succession planning; and additional offerings like automatic teller machine access, commercial leasing, bank credit cards, safe deposit box rental, internet banking, private client services, and mortgage banking. Headquartered at 401 Clinton Street in Defiance, Ohio, with 25 offices including 24 branches across ten Ohio counties and one in Fort Wayne, Indiana, plus seven loan production offices throughout the Tri-State area and 25 ATMs, the company traces its roots to 1902, formerly known as Rurban Financial Corp. before changing its name in April 2013. Recent developments include the completion of the acquisition of Marblehead Bancorp, Inc. in early 2025 with full integration of its operations and customer base into State Bank's core system by late October 2025, enhancing loan and deposit growth in Northwest Ohio; a strategic partnership transition for its wealth management group with Advisor Alpha to expand marketing capabilities and add certified financial planner professionals; robust loan portfolio expansion targeting a doubling of agricultural lending to $100 million within a year through hiring an experienced lender in the egg production sector; and ongoing share repurchases, including 124,000 shares in the second quarter of 2025, alongside consistent deposit and loan growth.

Company News

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