SB Financial Group Management

Management criteria checks 3/4

SB Financial Group's CEO is Mark Klein, appointed in Jan 2010, has a tenure of 14.83 years. total yearly compensation is $645.25K, comprised of 72.4% salary and 27.6% bonuses, including company stock and options. directly owns 1.58% of the company’s shares, worth €2.18M. The average tenure of the management team and the board of directors is 14.7 years and 14.3 years respectively.

Key information

Mark Klein

Chief executive officer

US$645.2k

Total compensation

CEO salary percentage	72.4%
CEO tenure	14.8yrs
CEO ownership	1.6%
Management average tenure	14.7yrs
Board average tenure	14.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Klein's remuneration changed compared to SB Financial Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$12m
Jun 30 2024	n/a	n/a	US$12m
Mar 31 2024	n/a	n/a	US$12m
Dec 31 2023	US$645k	US$467k	US$12m
Sep 30 2023	n/a	n/a	US$12m
Jun 30 2023	n/a	n/a	US$12m
Mar 31 2023	n/a	n/a	US$12m
Dec 31 2022	US$757k	US$443k	US$12m
Sep 30 2022	n/a	n/a	US$12m
Jun 30 2022	n/a	n/a	US$13m
Mar 31 2022	n/a	n/a	US$14m
Dec 31 2021	US$889k	US$412k	US$18m
Sep 30 2021	n/a	n/a	US$20m
Jun 30 2021	n/a	n/a	US$21m
Mar 31 2021	n/a	n/a	US$21m
Dec 31 2020	US$815k	US$412k	US$15m
Sep 30 2020	n/a	n/a	US$13m
Jun 30 2020	n/a	n/a	US$11m
Mar 31 2020	n/a	n/a	US$10m
Dec 31 2019	US$719k	US$383k	US$11m
Sep 30 2019	n/a	n/a	US$11m
Jun 30 2019	n/a	n/a	US$10m
Mar 31 2019	n/a	n/a	US$10m
Dec 31 2018	US$692k	US$362k	US$11m
Sep 30 2018	n/a	n/a	US$12m
Jun 30 2018	n/a	n/a	US$11m
Mar 31 2018	n/a	n/a	US$11m
Dec 31 2017	US$729k	US$344k	US$10m

Compensation vs Market: Mark's total compensation ($USD645.25K) is above average for companies of similar size in the German market ($USD471.55K).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.

CEO

Mark Klein (69 yo)

14.8yrs

Tenure

US$645,247

Compensation

Mr. Mark A. Klein serves as the President and Chief Executive Officer of State Bank and Trust Company (“State Bank”) January since 2006 and serves as its Director since 2006. He serves as President and Chi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Klein	Chairman	14.8yrs	US$645.25k	1.58% € 2.2m
Anthony Cosentino	Executive VP & CFO	14.7yrs	US$352.49k	0.73% € 1.0m
David Homoelle	Columbus Regional President & Residential Real Estate Executive at The State Bank and Trust Company	3.5yrs	US$340.35k	0.18% € 248.2k
Juan Ernesto Garcia	Executive VP and Chief Technology Innovation & Operations Officer	7yrs	US$323.97k	0.24% € 331.8k
Scott Armey	Senior VP & Human Resources Manager	no data	no data	no data
Keeta Diller	Executive VP	28.8yrs	US$221.01k	0.37% € 515.8k
Melissa Martin	Executive of Investor Relations	no data	no data	no data

14.7yrs

Average Tenure

62yo

Average Age

Experienced Management: 9KH's management team is seasoned and experienced (14.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Klein	Chairman	14.8yrs	US$645.25k	1.58% € 2.2m
Richard Hardgrove	Lead Independent Director	20.8yrs	US$76.09k	0.20% € 279.6k
Rita Kissner	Independent Director	20.2yrs	US$58.32k	0.30% € 410.8k
Gaylyn Finn	Independent Director	14.8yrs	US$65.59k	0.30% € 416.8k
Timothy Stolly	Independent Director	14.3yrs	US$63.92k	0.23% € 316.2k
George Carter	Independent Director	11.3yrs	US$59.92k	0.24% € 325.6k
William Martin	Independent Director	10.8yrs	US$57.49k	0.21% € 288.6k
Tom Helberg	Independent Director	6.8yrs	US$60.79k	0.18% € 246.7k
Timothy Claxton	Independent Director	3.3yrs	US$57.70k	0.084% € 115.7k

14.3yrs

Average Tenure

66yo

Average Age

Experienced Board: 9KH's board of directors are seasoned and experienced ( 14.3 years average tenure).

SB Financial Group Management

Management criteria checks 3/4

Key information

Recent management updates

SB Financial Group, Inc., Annual General Meeting, Apr 17, 2024

Insufficient new directors

Insufficient new directors

SB Financial Group, Inc., Annual General Meeting, Apr 21, 2021

Recent updates

Third quarter dividend of US$0.14 announced

Third quarter 2024 earnings released: EPS: US$0.35 (vs US$0.40 in 3Q 2023)

SB Financial Group, Inc. to Report Q3, 2024 Results on Oct 24, 2024

SB Financial Group, Inc. (NasdaqCM:SBFG) entered into a definitive agreement to acquire Marblehead Bancorp for $5 million.

Second quarter dividend of US$0.14 announced

Second quarter 2024 earnings released: EPS: US$0.47 (vs US$0.45 in 2Q 2023)

SB Financial Group, Inc. to Report Q2, 2024 Results on Jul 18, 2024

First quarter dividend of US$0.14 announced

First quarter 2024 earnings released: EPS: US$0.35 (vs US$0.35 in 1Q 2023)

SB Financial Group, Inc. to Report Q1, 2024 Results on Apr 18, 2024

Full year 2023 earnings released: EPS: US$1.77 (vs US$1.78 in FY 2022)

SB Financial Group, Inc., Annual General Meeting, Apr 17, 2024

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.14 per share at 3.5% yield

Fourth quarter dividend of US$0.14 announced

Full year 2023 earnings released: EPS: US$1.77 (vs US$1.78 in FY 2022)

New minor risk - Market cap size

SB Financial Group, Inc. to Report Q4, 2023 Results on Jan 25, 2024

Upcoming dividend of US$0.14 per share at 3.8% yield

Third quarter 2023 earnings released: EPS: US$0.40 (vs US$0.48 in 3Q 2022)

SB Financial Group, Inc. to Report Q3, 2023 Results on Oct 30, 2023

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.13 per share at 3.7% yield

Second quarter 2023 earnings released: EPS: US$0.45 (vs US$0.40 in 2Q 2022)

Sb Financial Group, Inc. Announces Net Charges Off for Second Quarter Ended June 30, 2023

SB Financial Group, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Upcoming dividend of US$0.13 per share at 3.9% yield

Investor sentiment deteriorates as stock falls 18%

Full year 2022 earnings released: EPS: US$1.78 (vs US$2.46 in FY 2021)

Upcoming dividend of US$0.13 per share at 3.0% yield

Full year 2022 earnings released: EPS: US$1.79 (vs US$2.46 in FY 2021)

SB Financial Group, Inc. to Report Q4, 2022 Results on Jan 26, 2023

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.48 (vs US$0.56 in 3Q 2021)

Upcoming dividend of US$0.13 per share

SB Financial Group, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Upcoming dividend of US$0.12 per share

Second quarter 2022 earnings released: EPS: US$0.40 (vs US$0.50 in 2Q 2021)

SB Financial Group, Inc. to Report Q2, 2022 Results on Jul 25, 2022

Upcoming dividend of US$0.12 per share

First quarter 2022 earnings released: EPS: US$0.40 (vs US$0.92 in 1Q 2021)

Insufficient new directors

SB Financial Group, Inc. to Report Q1, 2022 Results on Apr 28, 2022

Upcoming dividend of US$0.12 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

SB Financial Group, Inc. Reports Consolidated Unaudited Net Charge-Offs for the Fourth Quarter Ended December 31, 2021

Upcoming dividend of US$0.12 per share

Third quarter 2021 earnings released: EPS US$0.59 (vs US$0.69 in 3Q 2020)

Executive Officer Jonathan Gathman has left the company

Upcoming dividend of US$0.11 per share

Second quarter 2021 earnings released: EPS US$0.53 (vs US$0.47 in 2Q 2020)

SB Financial Group, Inc.(NasdaqCM:SBFG) dropped from Russell 3000E Value Index

SB Financial Group, Inc. announced that it has received $20 million in funding

Upcoming dividend of US$0.11 per share

First quarter 2021 earnings released: EPS US$0.97 (vs US$0.087 in 1Q 2020)

Sb Financial Group, Inc. Declares Quarterly Cash Dividend, Payable on May 28, 2021

Full year 2020 earnings released: EPS US$1.96 (vs US$1.71 in FY 2019)

SB Financial Group, Inc., Annual General Meeting, Apr 21, 2021

Full year 2020 earnings released: EPS US$1.96 (vs US$1.71 in FY 2019)

SB Financial Group, Inc. to Report Q4, 2020 Results on Jan 28, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age