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Stock impact report

SB Financial Group Q1 Earnings Call Highlights [Yahoo! Finance]

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: Yahoo! Finance
consecutive profitable quarter; tangible book value per share rose to (adjusted excluding AOCI nearly ), and the board declared a quarterly dividend of while repurchasing ~29,000 shares. Total operating revenue increased 13.2% year-over-year to $17.4 million, driven by steady net interest income and improved fee income (notably mortgage servicing and title), while loans and deposits grew and new market entries in Angola and Napoleon, Ohio generated nearly $19 million in loans and $17 million in deposits in five months. Credit metrics were strong with non-performing assets at of assets and an allowance for credit losses of 1.39%; management expects deposit growth to moderate, to operate around a ~90% loan-to-deposit ratio, sees potential margin improvement as liquidity eases, and is guiding lower on buybacks due to capital considerations. Interested in SB Financial Group, Inc.? Here are five stocks we like better. SB Financial Group (NASDAQ:SBFG) reported what management descri Show less Read more
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