Sb Financial Group, Inc. - Understand $sbfg stock

$SBFG Market Cap: $142.7 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

Gross Margin

Net Earnings

$11.71M

TTM

Current Assets

Current Liabilities

$18.61M

Q3 2024

Current Ratio

Total Assets

$1.394B

Q3 2024

Total Liabilities

$1.261B

Q3 2024

Book Value

$132.8M

Q3 2024

Cash

$49.35M

Q3 2024

P/E

12.18

Nov 29, 2024 EST

Free Cash Flow

$9.139M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Revenue		$44.57M	$41.90M
YoY Change		6.36%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2022	2021
Revenue	$44.57M	$41.90M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.235M	$2.196M	$6.220M	$6.750M	$4.010M	$2.930M	$2.710M	$2.860M	$2.180M	$1.890M	$2.480M	$1.860M	$2.520M	$4.810M	$5.330M	$4.390M	$4.690M	$4.090M	$3.240M	$2.590M	$2.440M	$2.420M	$2.060M	$2.100M
YoY Change	1.78%	-64.69%	-7.85%	68.33%	36.86%	8.12%	-5.24%	31.19%	15.34%	-23.79%	33.33%	-26.19%	-47.61%	-9.76%	21.41%	-6.4%	14.67%	26.23%	25.1%	6.15%	0.83%	17.48%	-1.9%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021
Interest Expense	$18.88M	$5.170M	$4.020M
YoY Change	265.16%	28.61%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Pretax Income	$14.72M	$15.32M	$22.72M	$18.44M	$14.63M	$14.44M	$13.63M	$12.90M	$11.02M	$7.350M	$7.450M	$6.740M	$2.320M	-$22.12M	-$280.0K	$7.340M	$4.490M	$3.710M	$760.0K	$3.840M	$18.61M	-$20.46M	$3.150M	$8.810M	$7.590M	$6.350M	$7.990M	$7.210M	$6.220M	$5.810M
YoY Change	-3.91%	-32.59%	23.21%	26.04%	1.32%	5.94%	5.66%	17.06%	49.93%	-1.34%	10.53%	190.52%	-110.49%	7800.0%	-103.81%	63.47%	21.02%	388.16%	-80.21%	-79.37%	-190.96%	-749.52%	-64.25%	16.07%	19.53%	-20.53%	10.82%	15.92%	7.06%	1.93%
Income Tax	$2.622M	$2.795M	$4.450M	$3.495M	$2.659M	$2.810M	$4.290M	$4.120M	$3.400M	$2.090M	$2.240M	$1.930M	$660.0K	-$6.500M	-$660.0K	$2.130M	$1.230M	$950.0K	$80.00K	$1.110M	$6.300M	-$7.040M	$900.0K	$2.720M	$2.360M	$2.070M	$2.470M	$2.360M	$2.130M	$1.900M
% Of Pretax Income	17.82%	18.25%	19.59%	18.95%	18.17%	19.46%	31.47%	31.94%	30.85%	28.44%	30.07%	28.64%	28.45%			29.02%	27.39%	25.61%	10.53%	28.91%	33.85%		28.57%	30.87%	31.09%	32.6%	30.91%	32.73%	34.24%	32.7%
Net Earnings	$12.10M	$12.52M	$18.28M	$14.94M	$11.97M	$11.64M	$11.07M	$8.780M	$7.620M	$5.260M	$5.210M	$4.810M	$1.660M	-$15.61M	$380.0K	$5.220M	$3.260M	$2.760M	$680.0K	$2.740M	$12.31M	-$13.41M	$2.250M	$6.090M	$5.230M	$4.280M	$5.520M	$4.850M	$4.100M	$3.910M
YoY Change	-3.4%	-31.5%	22.36%	24.81%	2.84%	5.15%	26.08%	15.22%	44.87%	0.96%	8.32%	189.76%	-110.63%	-4207.89%	-92.72%	60.12%	18.12%	305.88%	-75.18%	-77.74%	-191.8%	-696.0%	-63.05%	16.44%	22.2%	-22.46%	13.81%	18.29%	4.86%	0.77%
Net Earnings / Revenue		28.09%	43.62%
Basic Earnings Per Share	$1.77	$1.79	$2.58
Diluted Earnings Per Share	$1.75	$1.77	$2.564M	$1.955M	$1.508M	$1.508M	$1.743M	$1.376M	$1.187M	$1.065M	$1.068M	$989.7K	$341.6K	-$3.212M	$78.03K	$1.059M	$649.4K	$548.7K	$148.5K	$599.6K	$2.705M	-$2.954M	$495.6K	$1.350M	$1.160M	$946.9K	$1.129M	$927.3K	$772.1K	$777.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$21.38M	$22.83M	$23.20M	$23.60M	$23.40M	$22.10M	$21.30M	$19.10M	$19.00M	$13.60M	$12.20M	$12.60M	$13.80M	$14.60M	$17.00M	$17.60M	$15.10M	$15.50M	$13.30M	$7.700M	$7.000M	$14.70M	$11.50M	$10.90M	$11.10M	$11.40M	$8.600M	$8.800M	$8.400M	$9.300M
YoY Change	-6.36%	-1.6%	-1.69%	0.85%	5.88%	3.76%	11.52%	0.53%	39.71%	11.48%	-3.17%	-8.7%	-5.48%	-14.12%	-3.41%	16.56%	-2.58%	16.54%	72.73%	10.0%	-52.38%	27.83%	5.5%	-1.8%	-2.63%	32.56%	-2.27%	4.76%	-9.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets												$200.0K	$2.300M	$3.200M	$0.00					$0.00	$2.300M	$5.100M	$3.800M
YoY Change												-91.3%	-28.13%							-100.0%	-54.9%	34.21%
Total Long-Term Assets
YoY Change
Total Assets	$1.343B	$1.336B	$1.331B	$1.258B	$1.039B	$986.8M	$876.6M	$816.0M	$733.1M	$684.2M	$631.8M	$638.2M	$628.7M	$660.3M	$673.0M	$657.6M	$561.2M	$556.0M	$530.5M	$415.3M	$435.3M	$742.3M	$746.2M	$700.8M	$627.8M	$537.2M	$471.4M	$433.3M	$411.2M	$393.5M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$2.443M	$769.0K	$300.0K	$600.0K	$1.200M	$900.0K	$600.0K	$400.0K	$300.0K	$300.0K	$600.0K	$100.0K	$3.000M	$2.000M	$1.500M	$2.000M	$2.500M	$2.200M	$1.400M	$1.000M	$2.300M	$3.000M	$3.600M	$4.600M	$2.500M	$1.700M	$1.600M	$1.400M	$1.000M	$900.0K
YoY Change	217.69%	156.33%	-50.0%	-50.0%	33.33%	50.0%	50.0%	33.33%	0.0%	-50.0%	500.0%	-96.67%	50.0%	33.33%	-25.0%	-20.0%	13.64%	57.14%	40.0%	-56.52%	-23.33%	-16.67%	-21.74%	84.0%	47.06%	6.25%	14.29%	40.0%	11.11%
Deferred Revenue
YoY Change
Short-Term Debt	$13.39M	$14.92M	$15.30M	$20.20M	$12.90M	$15.20M	$15.10M	$10.50M	$12.40M	$12.70M	$14.70M	$10.30M	$18.80M	$45.80M	$52.00M	$43.40M	$43.00M	$32.30M	$10.70M	$11.60M	$3.900M	$0.00	$14.90M	$22.90M	$17.90M	$9.500M	$4.900M	$0.00
YoY Change	-10.29%	-2.46%	-24.26%	56.59%	-15.13%	0.66%	43.81%	-15.32%	-2.36%	-13.61%	42.72%	-45.21%	-58.95%	-11.92%	19.82%	0.93%	33.13%	201.87%	-7.76%	197.44%		-100.0%	-34.93%	27.93%	88.42%	93.88%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$15.83M	$769.0K	$300.0K	$600.0K	$1.200M	$900.0K	$600.0K	$400.0K	$300.0K	$300.0K	$600.0K	$100.0K	$3.000M	$2.000M	$1.500M	$2.000M	$2.500M	$2.200M	$1.400M	$1.000M	$2.300M	$3.000M	$3.600M	$4.600M	$2.500M	$1.700M	$1.600M	$1.400M	$1.000M	$900.0K
YoY Change	1958.52%	156.33%	-50.0%	-50.0%	33.33%	50.0%	50.0%	33.33%	0.0%	-50.0%	500.0%	-96.67%	50.0%	33.33%	-25.0%	-20.0%	13.64%	57.14%	40.0%	-56.52%	-23.33%	-16.67%	-21.74%	84.0%	47.06%	6.25%	14.29%	40.0%	11.11%
Long-Term Debt	$29.95M	$29.90M	$29.90M	$10.30M	$10.30M	$10.30M	$10.30M	$10.30M	$10.30M	$10.30M	$21.20M	$22.30M	$23.40M	$23.90M	$22.80M	$21.60M	$21.50M	$23.20M	$21.60M	$13.40M	$20.30M	$16.00M	$10.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	0.16%	0.01%	190.29%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-51.42%	-4.93%	-4.7%	-2.09%	4.82%	5.56%	0.47%	-7.33%	7.41%	61.19%	-33.99%	26.88%	60.0%
Other Long-Term Liabilities	$20.35M	$27.93M	$19.60M	$25.70M	$18.80M	$8.500M	$5.800M	$5.100M	$4.300M	$4.300M	$4.700M	$4.200M	$4.100M	$4.100M	$5.800M	$5.100M	$3.500M	$4.200M	$11.00M	$3.000M	$3.900M	$3.100M	$1.800M	$4.700M	$4.100M	$4.400M	$3.100M	$2.600M	$2.300M	$2.300M
YoY Change	-27.15%	42.48%	-23.74%	36.7%	121.18%	46.55%	13.73%	18.6%	0.0%	-8.51%	11.9%	2.44%	0.0%	-29.31%	13.73%	45.71%	-16.67%	-61.82%	266.67%	-23.08%	25.81%	72.22%	-61.7%	14.63%	-6.82%	41.94%	19.23%	13.04%	0.0%
Total Long-Term Liabilities	$50.30M	$57.83M	$49.50M	$36.00M	$29.10M	$18.80M	$16.10M	$15.40M	$14.60M	$14.60M	$25.90M	$26.50M	$27.50M	$28.00M	$28.60M	$26.70M	$25.00M	$27.40M	$32.60M	$16.40M	$24.20M	$19.10M	$11.80M	$4.700M	$4.100M	$4.400M	$3.100M	$2.600M	$2.300M	$2.300M
YoY Change	-13.03%	16.83%	37.5%	23.71%	54.79%	16.77%	4.55%	5.48%	0.0%	-43.63%	-2.26%	-3.64%	-1.79%	-2.1%	7.12%	6.8%	-8.76%	-15.95%	98.78%	-32.23%	26.7%	61.86%	151.06%	14.63%	-6.82%	41.94%	19.23%	13.04%	0.0%
Total Liabilities	$1.219B	$1.217B	$1.186B	$1.115B	$902.5M	$856.4M	$782.6M	$729.5M	$651.8M	$608.5M	$575.5M	$585.0M	$580.7M	$614.3M	$611.3M	$596.0M	$501.9M	$499.1M	$476.1M	$365.0M	$386.9M	$705.9M	$695.4M	$650.7M	$583.9M	$495.3M	$432.3M	$391.8M	$371.1M	$357.9M
YoY Change	0.14%	2.64%	6.37%	23.53%	5.38%	9.43%	7.28%	11.92%	7.12%	5.73%	-1.62%	0.74%	-5.47%	0.49%	2.57%	18.75%	0.56%	4.83%	30.44%	-5.66%	-45.19%	1.51%	6.87%	11.44%	17.89%	14.57%	10.34%	5.58%	3.69%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	6.829M shares	7.042M shares	7.130M shares
Diluted Shares Outstanding	6.917M shares	7.078M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $142.68 Million

About SB FINANCIAL GROUP, INC.

SB Financial Group, Inc. is a financial holding company, which engages in the provision of commercial banking and wealth management solutions. The company is headquartered in Defiance, Ohio and currently employs 251 full-time employees. The company went IPO on 2001-11-06. Through its direct and indirect subsidiaries, the Company is engaged in a various financial activities, including commercial banking, and wealth management services. The firm is primarily engaged in providing a full range of banking and wealth management services to individual and corporate customers primarily located in Ohio, Indiana, and Michigan. Its principal activity is the ownership and management of its wholly owned subsidiaries, The State Bank and Trust Company, SBFG Title, LLC, SB Captive, Inc., RFCBC, Inc., Rurbanc Data Services, Inc., Rurban Statutory Trust II, and SBFG Mortgage, LLC. The State Bank and Trust Company offers a full range of commercial banking services, including checking accounts, savings accounts, money market accounts and time certificates of deposit, automatic teller machines, commercial, consumer, agricultural and residential mortgage loans, commercial leasing, and various other services.

Industry: State Commercial Banks Peers: Finwise Bancorp FIRST NORTHERN COMMUNITY BANCORP PNC FINANCIAL SERVICES GROUP, INC.