SB Financial Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:SBFG Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Mar 25	BuyUS$6,810	David Homoelle	Individual	322	US$21.15
26 Feb 25	BuyUS$2,824	George Carter	Individual	134	US$21.08
12 Dec 24	SellUS$25,800	Richard Hardgrove	Individual	1,200	US$21.50
05 Sep 24	SellUS$28,341	Richard Hardgrove	Individual	1,692	US$16.75
20 Aug 24	SellUS$22,676	Richard Hardgrove	Individual	1,500	US$15.12
16 Aug 24	SellUS$44,200	Richard Hardgrove	Individual	2,859	US$15.46
06 May 24	SellUS$2,612	Richard Hardgrove	Individual	200	US$13.06

Insider Trading Volume

Insider Buying: SBFG insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SBFG?
Owner Type	Number of Shares	Ownership Percentage
Employee Share Scheme	304,286	4.66%
Individual Insiders	379,056	5.81%
Hedge Funds	1,116,942	17.1%
General Public	2,346,062	35.9%
Institutions	2,383,460	36.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 60.34% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.37%	Manulife Asset Management	481,000	US$8.5m	-0.59%	0.01%
7.17%	AllianceBernstein L.P.	468,306	US$8.3m	-20.3%	no data
6.01%	Cutler Capital Management, LLC	392,556	US$7.0m	-1.65%	3.46%
5.69%	FJ Capital Management, LLC	371,571	US$6.6m	-0.52%	0.94%
5.4%	Strategic Value Bank Partners LLC	352,815	US$6.3m	0%	5.12%
5.24%	The Vanguard Group, Inc.	341,989	US$6.1m	236%	no data
4.66%	Rurban Financial Corp. ESOP	304,286	US$5.4m	-7.28%	no data
2.85%	Petiole USA Limited	186,087	US$3.3m	-30%	2.77%
2.52%	Dimensional Fund Advisors LP	164,832	US$2.9m	3.22%	no data
2.4%	Pinnacle Holdings, LLC	156,897	US$2.8m	-0.2%	1.41%
1.76%	Bridgeway Capital Management, LLC	114,764	US$2.0m	3.38%	0.04%
1.76%	Mark Klein	114,705	US$2.0m	9.12%	no data
1.1%	Geode Capital Management, LLC	71,749	US$1.3m	0.95%	no data
0.87%	BlackRock, Inc.	57,039	US$1.0m	0.25%	no data
0.81%	Anthony Cosentino	53,205	US$943.9k	10.2%	no data
0.75%	Tontine Management, LLC	48,823	US$866.1k	0%	0.03%
0.63%	Susquehanna International Group, LLP, Asset Management Arm	41,136	US$729.7k	215%	no data
0.55%	First Manhattan Co. LLC	35,627	US$632.0k	0%	no data
0.52%	O'Shaughnessy Asset Management, LLC	34,114	US$605.2k	189%	0.01%
0.43%	PL Capital Advisors, LLC	28,159	US$499.5k	0%	0.18%
0.4%	Keeta Diller	26,361	US$467.6k	6.1%	no data
0.38%	Northern Trust Global Investments	25,108	US$445.4k	41.6%	no data
0.36%	Venture Visionary Partners LLC	23,693	US$420.3k	0.21%	0.01%
0.35%	Gaylyn Finn	22,955	US$407.2k	14.3%	no data
0.35%	Rita Kissner	22,577	US$400.5k	14.1%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/13 18:22
End of Day Share Price	2025/04/11 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SB Financial Group, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brian Martin	FIG Partners
Brian Martin	Janney Montgomery Scott LLC