New Risk • May 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Apr 24
SB Financial Group, Inc. Announces Net Charge-Offs for the First Quarter Ended March 31, 2026 SB Financial Group, Inc. announced net charge-offs for the first quarter ended March 31, 2026, For the period, the company reported Net charge-offs of $26,000 against $84,000 a year ago. Announcement • Mar 27
SB Financial Group, Inc. to Report Q1, 2026 Results on Apr 23, 2026 SB Financial Group, Inc. announced that they will report Q1, 2026 results After-Market on Apr 23, 2026 Announcement • Mar 09
SB Financial Group, Inc., Annual General Meeting, Apr 22, 2026 SB Financial Group, Inc., Annual General Meeting, Apr 22, 2026. Location: companys headquarters, at 401 clinton st., defiance, United States Announcement • Jan 30
SB Financial Group, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2025 SB Financial Group, Inc. reported net charge-offs for the fourth quarter ended December 31, 2025. For the quarter, the company reported net charge-offs of $130,000 against $182,000 a year ago. Announcement • Jan 09
SB Financial Group, Inc. to Report Q4, 2025 Results on Jan 29, 2026 SB Financial Group, Inc. announced that they will report Q4, 2025 results After-Market on Jan 29, 2026 Announcement • Dec 20
Sb Financial Group, Inc. Announces Board Changes, Effective December 17, 2025 SB Financial Group, Inc. announced a planned transition on its Board of Directors. Effective December 17, 2025, Rita A. Kissner retired from the Company’s Board of Directors after more than 21 years of service. In recognition of her long-standing service and contributions, the Board has named Ms. Kissner Director Emeritus. In conjunction with this transition, the Board of Directors appointed Sue A. Strausbaugh to the Board, effective December 17, 2025. Sue has served on the Defiance Advisory Board for more than 13 years and brings a trusted perspective, entrepreneurial spirit, and deep understanding of strategy, customers, and communities as she steps into this expanded role. Announcement • Oct 10
SB Financial Group, Inc. to Report Q3, 2025 Results on Oct 30, 2025 SB Financial Group, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Announcement • Jul 25
Sb Financial Group, Inc. Announces Net Charge-Offs for Second Quarter Ended June 30, 2025 SB Financial Group, Inc. announced net charge-offs for the second quarter ended June 30, 2025. For the quarter, Company reports Net charge-offs of $46,000. Announcement • Jun 27
SB Financial Group, Inc. to Report Q2, 2025 Results on Jul 24, 2025 SB Financial Group, Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025 Announcement • May 02
SB Financial Group, Inc. Announces Net Charge-Offs for the First Quarter Ended March 31, 2024 SB Financial Group, Inc. announced net charge-offs for the first quarter ended March 31, 2024, For the period, Company reports Net charge-offs of $85,000 against $57,000 a year ago. Announcement • Apr 04
SB Financial Group, Inc. to Report Q1, 2025 Results on May 01, 2025 SB Financial Group, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025 Announcement • Mar 10
SB Financial Group, Inc., Annual General Meeting, Apr 16, 2025 SB Financial Group, Inc., Annual General Meeting, Apr 16, 2025. Announcement • Jan 24
SB Financial Group, Inc. Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2024 SB Financial Group, Inc. announced net charge-offs for the fourth quarter ended December 31, 2024, For the period, Company reports Net charge-offs of $182,000 against $4,000 a year ago. Announcement • Jan 19
SB Financial Group, Inc. (NasdaqCM:SBFG) completed the acquisition of Marblehead Bancorp. SB Financial Group, Inc. (NasdaqCM:SBFG) entered into a definitive agreement to acquire Marblehead Bancorp in a transaction valued at approximately $5 million on August 14, 2024. A cash consideration of $5 million will be paid by SB Financial Group, Inc. As part of consideration, $196.31 is paid for each common equity of Marblehead Bancorp to shareholders of Marblehead Bancorp. The transaction is subject to approval by regulatory board. The transaction is subject to approval of Marblehead Bancorp shareholder. The deal has been unanimously approved by the SB Financial and Marblehead board. SB Financial intends to complete the transaction in the fourth quarter of 2024.
Vorys Sater Seymour & Pease acted as legal advisor for SB Financial Group, Inc. Janney Montgomery Scott LLC acted as financial advisor for Marblehead Bancorp. Shumaker, Loop & Kendrick, LLP acted as legal advisor for Marblehead Bancorp. Janney Montgomery Scott LLC acted as fairness opinion provider for Marblehead Bancorp Board of Directors.
SB Financial Group, Inc. (NasdaqCM:SBFG) completed the acquisition of Marblehead Bancorp on January 17, 2025. Upon the closing of the merger, Marblehead was combined and merged with and into SB Financial and Marblehead Bank was merged with and into State Bank. Announcement • Jan 03
SB Financial Group, Inc. to Report Q4, 2024 Results on Jan 23, 2025 SB Financial Group, Inc. announced that they will report Q4, 2024 results After-Market on Jan 23, 2025 Declared Dividend • Oct 28
Third quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 8th November 2024 Payment date: 22nd November 2024 Dividend yield will be 2.9%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 6.4% over the next year. However, it would need to fall by 65% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: US$0.35 (vs US$0.40 in 3Q 2023) Third quarter 2024 results: EPS: US$0.35 (down from US$0.40 in 3Q 2023). Revenue: US$14.1m (up 2.4% from 3Q 2023). Net income: US$2.35m (down 12% from 3Q 2023). Profit margin: 17% (down from 20% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 20% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 3.0%. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Oct 04
SB Financial Group, Inc. to Report Q3, 2024 Results on Oct 24, 2024 SB Financial Group, Inc. announced that they will report Q3, 2024 results After-Market on Oct 24, 2024 Announcement • Aug 16
SB Financial Group, Inc. (NasdaqCM:SBFG) entered into a definitive agreement to acquire Marblehead Bancorp for $5 million. SB Financial Group, Inc. (NasdaqCM:SBFG) entered into a definitive agreement to acquire Marblehead Bancorp for $5 million on August 14, 2024. A cash consideration of $5 million will be paid by SB Financial Group, Inc. As part of consideration, $196.31 is paid towards common equity of Marblehead Bancorp to shareholders of Marblehead Bancorp.
The transaction is subject to approval by regulatory board. The transaction is subject to approval of Marblehead Bancorp shareholder. The deal has been unanimously approved by the SB Financial and Marblehead board. SB Financial intends to complete the transaction in the fourth quarter of 2024.
Vorys Sater Seymour & Pease acted as legal advisor for SB Financial Group, Inc. Janney Montgomery Scott LLC acted as financial advisor for Marblehead Bancorp. Shumaker, Loop & Kendrick, LLP acted as legal advisor for Marblehead Bancorp. Janney Montgomery Scott LLC acted as fairness opinion provider for Marblehead Bancorp Board of Directors. Declared Dividend • Jul 29
Second quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 9th August 2024 Payment date: 23rd August 2024 Dividend yield will be 3.8%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 7.6% over the next year. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jul 19
Second quarter 2024 earnings released: EPS: US$0.47 (vs US$0.45 in 2Q 2023) Second quarter 2024 results: EPS: US$0.47 (up from US$0.45 in 2Q 2023). Revenue: US$14.0m (up 1.5% from 2Q 2023). Net income: US$3.11m (up 1.5% from 2Q 2023). Profit margin: 22% (in line with 2Q 2023). Revenue is expected to decline by 21% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
SB Financial Group, Inc. to Report Q2, 2024 Results on Jul 18, 2024 SB Financial Group, Inc. announced that they will report Q2, 2024 results After-Market on Jul 18, 2024 Declared Dividend • Apr 29
First quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 9th May 2024 Payment date: 24th May 2024 Dividend yield will be 4.0%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 8.6% over the next year. However, it would need to fall by 67% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Apr 19
First quarter 2024 earnings released: EPS: US$0.35 (vs US$0.35 in 1Q 2023) First quarter 2024 results: EPS: US$0.35. Revenue: US$13.1m (down 4.0% from 1Q 2023). Net income: US$2.37m (down 3.1% from 1Q 2023). Profit margin: 18% (in line with 1Q 2023). Revenue is expected to decline by 20% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 3.3%. Announcement • Mar 30
SB Financial Group, Inc. to Report Q1, 2024 Results on Apr 18, 2024 SB Financial Group, Inc. announced that they will report Q1, 2024 results After-Market on Apr 18, 2024 Reported Earnings • Mar 13
Full year 2023 earnings released: EPS: US$1.77 (vs US$1.78 in FY 2022) Full year 2023 results: EPS: US$1.77 (down from US$1.78 in FY 2022). Revenue: US$56.7m (flat on FY 2022). Net income: US$12.1m (down 3.4% from FY 2022). Profit margin: 21% (in line with FY 2022). Net interest margin (NIM): 3.16% (down from 3.22% in FY 2022). Non-performing loans: 0.28% (down from 0.45% in FY 2022). Revenue is expected to decline by 19% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 3.8%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Mar 09
SB Financial Group, Inc., Annual General Meeting, Apr 17, 2024 SB Financial Group, Inc., Annual General Meeting, Apr 17, 2024, at 10:30 Eastern Daylight. Agenda: To elect three (3) directors, each to serve for a term of three years; to ratify the appointment of FORVIS, LLP as the independent registered public accounting firm of SB Financial for the fiscal year ending December 31, 2024; to consider and vote upon a non-binding advisory resolution to approve the compensation of SB Financials named executive officer; and to transact such other business as may properly come before the Annual Meeting and any adjournment(s) thereof. New Risk • Feb 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 8.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Upcoming Dividend • Feb 01
Upcoming dividend of US$0.14 per share at 3.5% yield Eligible shareholders must have bought the stock before 08 February 2024. Payment date: 23 February 2024. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.2%). Declared Dividend • Jan 29
Fourth quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 8th February 2024 Payment date: 23rd February 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.7%. Sustainability & Growth The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Reported Earnings • Jan 27
Full year 2023 earnings released: EPS: US$1.77 (vs US$1.78 in FY 2022) Full year 2023 results: EPS: US$1.77 (down from US$1.78 in FY 2022). Revenue: US$56.7m (flat on FY 2022). Net income: US$12.1m (down 3.2% from FY 2022). Profit margin: 21% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. New Risk • Jan 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €90.2m (US$98.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (€90.2m market cap, or US$98.3m). Announcement • Jan 06
SB Financial Group, Inc. to Report Q4, 2023 Results on Jan 25, 2024 SB Financial Group, Inc. announced that they will report Q4, 2023 results After-Market on Jan 25, 2024 Upcoming Dividend • Nov 02
Upcoming dividend of US$0.14 per share at 3.8% yield Eligible shareholders must have bought the stock before 09 November 2023. Payment date: 24 November 2023. Payout ratio is a comfortable 7.3% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.4%). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: US$0.40 (vs US$0.48 in 3Q 2022) Third quarter 2023 results: EPS: US$0.40 (down from US$0.48 in 3Q 2022). Revenue: US$13.7m (down 4.9% from 3Q 2022). Net income: US$2.69m (down 19% from 3Q 2022). Profit margin: 20% (down from 23% in 3Q 2022). Revenue is expected to decline by 21% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 3.0%. Announcement • Oct 07
SB Financial Group, Inc. to Report Q3, 2023 Results on Oct 30, 2023 SB Financial Group, Inc. announced that they will report Q3, 2023 results After-Market on Oct 30, 2023 New Risk • Aug 07
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (€85.4m market cap, or US$93.9m). Upcoming Dividend • Aug 03
Upcoming dividend of US$0.13 per share at 3.7% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.0%). Reported Earnings • Jul 29
Second quarter 2023 earnings released: EPS: US$0.45 (vs US$0.40 in 2Q 2022) Second quarter 2023 results: EPS: US$0.45 (up from US$0.40 in 2Q 2022). Revenue: US$14.0m (flat on 2Q 2022). Net income: US$3.08m (up 8.8% from 2Q 2022). Profit margin: 22% (up from 20% in 2Q 2022). Revenue is expected to decline by 18% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 4.0%. Announcement • Jul 28
Sb Financial Group, Inc. Announces Net Charges Off for Second Quarter Ended June 30, 2023 SB Financial Group, Inc. announced net charges off for Second Quarter ended June 30, 2023. For the quarter, the company reported net charges off of $22,000 compared to $3,000 a year ago. Announcement • Jul 08
SB Financial Group, Inc. to Report Q2, 2023 Results on Jul 27, 2023 SB Financial Group, Inc. announced that they will report Q2, 2023 results After-Market on Jul 27, 2023 Upcoming Dividend • May 04
Upcoming dividend of US$0.13 per share at 3.9% yield Eligible shareholders must have bought the stock before 11 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.1%). Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €12.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 23% over the past year. Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: US$1.78 (vs US$2.46 in FY 2021) Full year 2022 results: EPS: US$1.78 (down from US$2.46 in FY 2021). Revenue: US$56.4m (down 12% from FY 2021). Net income: US$12.5m (down 32% from FY 2021). Profit margin: 22% (down from 28% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 6.5%. Upcoming Dividend • Feb 02
Upcoming dividend of US$0.13 per share at 3.0% yield Eligible shareholders must have bought the stock before 09 February 2023. Payment date: 24 February 2023. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.3%). Reported Earnings • Jan 28
Full year 2022 earnings released: EPS: US$1.79 (vs US$2.46 in FY 2021) Full year 2022 results: EPS: US$1.79 (down from US$2.46 in FY 2021). Revenue: US$57.6m (down 10% from FY 2021). Net income: US$12.5m (down 31% from FY 2021). Profit margin: 22% (down from 28% in FY 2021). The decrease in margin was driven by lower revenue. Announcement • Jan 13
SB Financial Group, Inc. to Report Q4, 2022 Results on Jan 26, 2023 SB Financial Group, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Jan 26, 2023 Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Independent Director Tim Claxton was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$0.48 (vs US$0.56 in 3Q 2021) Third quarter 2022 results: EPS: US$0.48 (down from US$0.56 in 3Q 2021). Revenue: US$14.5m (down 10% from 3Q 2021). Net income: US$3.34m (down 18% from 3Q 2021). Profit margin: 23% (down from 25% in 3Q 2021). Upcoming Dividend • Nov 02
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 09 November 2022. Payment date: 25 November 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.6%). Announcement • Oct 20
SB Financial Group, Inc. to Report Q3, 2022 Results on Nov 01, 2022 SB Financial Group, Inc. announced that they will report Q3, 2022 results After-Market on Nov 01, 2022 Upcoming Dividend • Aug 04
Upcoming dividend of US$0.12 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (7.1%). Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: US$0.40 (vs US$0.50 in 2Q 2021) Second quarter 2022 results: EPS: US$0.40 (down from US$0.50 in 2Q 2021). Revenue: US$14.3m (down 9.7% from 2Q 2021). Net income: US$2.83m (down 25% from 2Q 2021). Profit margin: 20% (down from 24% in 2Q 2021). Over the next year, revenue is expected to shrink by 33% compared to a 20% growth forecast for the industry in Germany. Announcement • Jul 13
SB Financial Group, Inc. to Report Q2, 2022 Results on Jul 25, 2022 SB Financial Group, Inc. announced that they will report Q2, 2022 results After-Market on Jul 25, 2022 Upcoming Dividend • May 05
Upcoming dividend of US$0.12 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (6.5%). Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: US$0.40 (vs US$0.92 in 1Q 2021) First quarter 2022 results: EPS: US$0.40 (down from US$0.92 in 1Q 2021). Revenue: US$14.3m (down 17% from 1Q 2021). Net income: US$2.81m (down 60% from 1Q 2021). Profit margin: 20% (down from 41% in 1Q 2021). Over the next year, revenue is expected to shrink by 35% compared to a 8.9% growth forecast for the industry in Germany. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Independent Director Tim Claxton was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 09
SB Financial Group, Inc. to Report Q1, 2022 Results on Apr 28, 2022 SB Financial Group, Inc. announced that they will report Q1, 2022 results After-Market on Apr 28, 2022 Upcoming Dividend • Feb 03
Upcoming dividend of US$0.12 per share Eligible shareholders must have bought the stock before 10 February 2022. Payment date: 25 February 2022. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.3%). Reported Earnings • Jan 30
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$2.58 (up from US$1.87 in FY 2020). Revenue: US$67.5m (up 3.7% from FY 2020). Net income: US$18.3m (up 22% from FY 2020). Profit margin: 27% (up from 23% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 1.1%. Over the next year, revenue is expected to shrink by 45% compared to a 11% growth forecast for the banks industry in Germany. Announcement • Jan 29
SB Financial Group, Inc. Reports Consolidated Unaudited Net Charge-Offs for the Fourth Quarter Ended December 31, 2021 SB Financial Group, Inc. reported consolidated unaudited net charge-offs for the fourth quarter ended December 31, 2021. For the quarter, the company reported Net charge-offs were $7,000 against $18,000 a year ago. Upcoming Dividend • Nov 03
Upcoming dividend of US$0.12 per share Eligible shareholders must have bought the stock before 10 November 2021. Payment date: 26 November 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.9%). Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS US$0.59 (vs US$0.69 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$16.4m (down 8.4% from 3Q 2020). Net income: US$4.10m (down 22% from 3Q 2020). Profit margin: 25% (down from 29% in 3Q 2020). The decrease in margin was driven by lower revenue. Executive Departure • Oct 03
Executive Officer Jonathan Gathman has left the company On the 26th of September, Jonathan Gathman's tenure as Executive Officer ended after less than a year in the role. As of June 2021, Jonathan still personally held 35.12k shares (€544k worth at the time). Jonathan is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 11.58 years. Upcoming Dividend • Aug 05
Upcoming dividend of US$0.11 per share Eligible shareholders must have bought the stock before 12 August 2021. Payment date: 27 August 2021. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.1%). Reported Earnings • Jul 27
Second quarter 2021 earnings released: EPS US$0.53 (vs US$0.47 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: US$15.7m (down 9.2% from 2Q 2020). Net income: US$3.76m (up 3.0% from 2Q 2020). Profit margin: 24% (up from 21% in 2Q 2020). The increase in margin was driven by lower expenses. Announcement • May 29
SB Financial Group, Inc. announced that it has received $20 million in funding SB Financial Group, Inc. (NasdaqCM:SBFG) announced that it has entered into a subordinated note purchase agreement for a private placement of 3.65% fixed-to-floating rate unsecured subordinated notes due 2031 for aggregate gross proceeds of $20 million on May 27, 2021. The transaction include participation from qualified institutional buyers. The notes will initially interest at 3.65% per annum, from and including May 27, 2021, to but excluding June 1, 2026 or the earlier redemption of the Notes, payable semi-annually in arrears on June 1 and December 1 of each year, beginning December 1, 2021.
From and including June 1, 2026, to but excluding the Maturity Date i.e., June 1, 2031 or the earlier redemption of the notes, the notes will bear interest at a rate per annum, reset quarterly, equal to the then current secured overnight financing rate (SOFR) plus 296 basis points, payable quarterly in arrears on March 1, June 1, September 1, and December 1 of each year.
The company may, at its option, on or after June 1, 2026, redeem the notes in whole or in part at any time at a redemption price equal to 100% of the outstanding principal amount to be redeemed, plus accrued but unpaid interest thereon to but excluding the date of redemption. Upcoming Dividend • May 06
Upcoming dividend of US$0.11 per share Eligible shareholders must have bought the stock before 13 May 2021. Payment date: 28 May 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (2.7%). Reported Earnings • May 02
First quarter 2021 earnings released: EPS US$0.97 (vs US$0.087 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$19.8m (up 61% from 1Q 2020). Net income: US$7.08m (up US$6.40m from 1Q 2020). Profit margin: 36% (up from 5.5% in 1Q 2020). The increase in margin was driven by higher revenue. Announcement • Apr 27
Sb Financial Group, Inc. Declares Quarterly Cash Dividend, Payable on May 28, 2021 SB Financial Group, Inc. announced that its board of directors passed a resolution declaring a quarterly cash dividend of $0.11 per common share, payable on May 28, 2021, to shareholders of record as of May 14, 2021. Reported Earnings • Mar 10
Full year 2020 earnings released: EPS US$1.96 (vs US$1.71 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$65.1m (up 23% from FY 2019). Net income: US$14.9m (up 36% from FY 2019). Profit margin: 23% (up from 21% in FY 2019). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.36% (down from 3.82% in FY 2019). Non-performing loans: 0.83% (up from 0.77% in FY 2019). Announcement • Mar 10
SB Financial Group, Inc., Annual General Meeting, Apr 21, 2021 SB Financial Group, Inc., Annual General Meeting, Apr 21, 2021, at 10:30 US Eastern Standard Time. Agenda: To elect three (3) directors, each to serve for a term of three years; to ratify the appointment of BKD, LLP as the independent registered public accounting firm of SB Financial for the fiscal year ending December 31, 2021; to consider and vote upon a non-binding advisory resolution to approve the compensation of SB Financial's named executive officers; and to transact such other business as may properly come before the Annual Meeting and any adjournment(s) thereof. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS US$1.96 (vs US$1.71 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$61.5m (up 16% from FY 2019). Net income: US$14.9m (up 36% from FY 2019). Profit margin: 24% (up from 21% in FY 2019). The increase in margin was driven by higher revenue. Announcement • Jan 15
SB Financial Group, Inc. to Report Q4, 2020 Results on Jan 28, 2021 SB Financial Group, Inc. announced that they will report Q4, 2020 results After-Market on Jan 28, 2021 
