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Stock impact report

SB Financial Group Announces Third 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, Oct. 24, 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 third quarter ended September 30, 2024. Third Quarter 2024 Highlights compared to the third quarter of the prior year: Net income of $2.4 million, down 12.4 percent with Diluted Earnings Per Share (“EPS”) of $0.35. EPS is up 3.0% when adjusted for mortgage servicing rights impairment in both periods.Net interest income totaled $10.2 million, a 6.8 percent increase from $9.5 million.Total loans increased to $1.03 billion, up by $40.9 million or 4.1 percent.Tangible book value per share ended the quarter at $16.49, up $3.40 per share or 26.0%. Nine Months Ended September 30, 2024, highlights over prior-year nine months include: Mortgage Banki Show less Read more
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