SB Financial Group, Inc. (SBFG) To Go Ex-Dividend on November 13th

SB Financial Group, Inc. (NASDAQ:SBFG) announced a quarterly dividend on Wednesday, October 21st. Stockholders of record on Friday, November 13th will be given a dividend of $0.1650 per share by the financial services provider on Friday, November 27th. This represents a $0.66 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, November 13th. This is a 3.1% increase from SB Financial Group’s previous quarterly dividend of $0.16.

SB Financial Group has increased its dividend by an average of 0.1% per year over the last three years and has increased its dividend every year for the last 12 years. SB Financial Group has a dividend payout ratio of 29.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect SB Financial Group to earn $2.65 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 24.9%.

SB Financial Group Stock Up 4.1%

SB Financial Group stock opened at $29.42 on Wednesday. The stock has a 50-day simple moving average of $29.59 and a 200-day simple moving average of $24.75. The company has a market capitalization of $183.88 million, a P/E ratio of 11.02 and a beta of 0.18. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.94 and a current ratio of 0.95. SB Financial Group has a fifty-two week low of $19.52 and a fifty-two week high of $32.93.

SB Financial Group (NASDAQ:SBFG) last released its quarterly earnings results on Friday, October 23rd. The financial services provider reported $0.63 EPS for the quarter, topping the consensus estimate of $0.62 by $0.01. SB Financial Group had a return on equity of 11.46% and a net margin of 17.17%. The company had revenue of $18.03 million for the quarter, compared to analyst estimates of $12.80 million. Equities research analysts expect that SB Financial Group will post 2.60 earnings per share for the current year.

SB Financial Group Company Profile

SB Financial Group, Inc. is a financial holding company headquartered in Defiance, Ohio. Through its principal subsidiary, The State Bank and Trust Company, the company provides community banking services to individuals, families, businesses and organizations. The State Bank and Trust Company offers deposit accounts, commercial and consumer lending, residential and commercial real estate financing, treasury management and other traditional banking products. The company also provides trust, investment management and wealth management services, along with mortgage banking and related financial services.