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Stock impact report

SB Financial Group Announces First Quarter 2024 Results

SB Financial Group, Inc. (SBFG) 
Last sb financial group, inc. earnings: 4/23 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: yoursbfinancial.com/investorrelations.html
Company Research Source: GlobeNewswire
DEFIANCE, Ohio, April 18, 2024 (GLOBE NEWSWIRE) -- SB Financial Group, Inc. (NASDAQ: SBFG) (“SB Financial” or the “Company”), a diversified financial services company providing full-service community banking, mortgage banking, wealth management, private client and title insurance services today reported earnings for the first quarter and ended March 31, 2024. First Quarter 2024 Highlights Over the First Quarter Prior Year Include: Net income of $2.4 million down 3.3 percent from $2.5 million in the same quarter last year. Diluted Earnings Per Share (“EPS”) remained steady at $0.35.Net interest income totaled $9.2 million, a 11.1 percent decrease from the $10.3 million reported in the first quarter of the prior year.Loan growth saw an increase to $991.6 million, up by $15.2 million or 1.6 percent from the $976.3 million in the first quarter of the previous year.Nonperforming assets improved to 0.22 percent of total assets, down from 0.30 percent in the same quarter of the prior yea Show less Read more
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