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
23 Jun 25	BuyUS$35,278	Timothy Claxton	Individual	2,000	US$17.64
20 Jun 25	BuyUS$1,755	Mark Klein	Individual	100	US$17.55
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

Insider Trading Volume

Insider Buying: Insufficient data to determine if 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	4.82%
Individual Insiders	372,839	5.91%
Hedge Funds	391,983	6.21%
General Public	1,824,067	28.9%
Institutions	3,414,720	54.1%

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

Top Shareholders

Top 25 shareholders own 63.46% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.56%	Manulife Asset Management	476,574	US$9.8m	-1.05%	0.01%
6.21%	Cutler Capital Management, LLC	391,983	US$8.1m	-0.15%	2.97%
5.96%	The Vanguard Group, Inc.	375,871	US$7.7m	9.91%	no data
4.82%	Rurban Financial Corp. ESOP	304,286	US$6.3m	0%	no data
4.69%	AllianceBernstein L.P.	296,051	US$6.1m	0%	no data
4.65%	BlackRock, Inc.	293,203	US$6.0m	425%	no data
4.42%	Strategic Value Bank Partners LLC	278,822	US$5.7m	-21%	3.76%
4.21%	FJ Capital Management, LLC	265,791	US$5.5m	-28.5%	0.49%
2.96%	Dimensional Fund Advisors LP	186,608	US$3.8m	10.5%	no data
2.79%	Petiole USA Limited	176,087	US$3.6m	0%	2.27%
2.49%	Pinnacle Holdings, LLC	156,909	US$3.2m	0.01%	1.18%
2.36%	Geode Capital Management, LLC	148,786	US$3.1m	98.3%	no data
1.93%	Bridgeway Capital Management, LLC	121,606	US$2.5m	0.98%	0.03%
1.7%	Mark Klein	107,512	US$2.2m	-6.27%	no data
0.89%	Northern Trust Global Investments	56,355	US$1.2m	132%	no data
0.89%	State Street Global Advisors, Inc.	56,320	US$1.2m	225%	no data
0.84%	Anthony Cosentino	53,205	US$1.1m	0%	no data
0.73%	Tontine Management, LLC	46,286	US$953.5k	0%	0.02%
0.61%	Susquehanna International Group, LLP	38,486	US$792.8k	-56%	no data
0.56%	First Manhattan Co. LLC	35,627	US$733.9k	0%	no data
0.53%	Citadel Advisors LLC	33,666	US$693.5k	109%	no data
0.44%	Arrowstreet Capital, Limited Partnership	27,459	US$565.7k	0%	no data
0.42%	Keeta Diller	26,361	US$543.0k	0%	no data
0.4%	O'Shaughnessy Asset Management, LLC	25,049	US$516.0k	-9.35%	no data
0.38%	Venture Visionary Partners LLC	23,857	US$491.5k	0.22%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/06 12:44
End of Day Share Price	2025/11/06 00:00
Earnings	2025/09/30
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 1 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	Janney Montgomery Scott LLC