SB Financial Group(SBFG)
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SB Financial Group Announces Completion of Acquisition of Marblehead Bancorp
GlobeNewswire· 2025-01-17 16:00
Merger Details - SB Financial Group, Inc successfully closed the acquisition of Marblehead Bancorp, Inc, merging Marblehead Bank into State Bank [1] - The merger was unanimously approved by the Boards of Directors of both bank holding companies and their subsidiary banks, and adopted by Marblehead shareholders [1] - Marblehead shareholders received $196.31 in cash per share, valuing the transaction at approximately $5.0 million [2] Strategic Impact - The merger extends SB Financial's presence in Northwest Ohio, enhancing its ability to serve the Marblehead community with expanded financial products and services [3] - The combined organization now manages approximately $1.4 billion in assets, positioning it to deliver exceptional service and innovative financial solutions [3] Company Overview - SB Financial Group, Inc is a diversified financial services holding company headquartered in Defiance, Ohio, operating through 25 offices and 25 ATMs across Ohio, Indiana, and Michigan [5] - State Bank provides a full range of financial services including wealth management, private client services, mortgage banking, and commercial and agricultural lending [5] - Marblehead Bancorp, headquartered in Marblehead, Ohio, operates two full-service bank branch offices and is the only brick-and-mortar bank on the Marblehead Peninsula [6] Legal and Financial Advisors - Vorys, Sater, Seymour and Pease LLP served as legal counsel to SB Financial [4] - Janney Montgomery Scott served as financial advisor to Marblehead and provided a fairness opinion to its Board of Directors [4] - Shumaker, Loop & Kendrick, LLP served as Marblehead's legal counsel [4]
SB Financial Group, Inc. Announces Schedule for Fourth Quarter and Full Year 2024 Results
GlobeNewswire· 2025-01-03 14:00
DEFIANCE, Ohio, Jan. 03, 2025 (GLOBE NEWSWIRE) -- SB Financial Group, Inc. (NASDAQ: SBFG), a diversified financial services company providing full-service community banking, mortgage banking, wealth management, private client and title insurance services, expects to release its fourth quarter and full year 2024 financial results on Thursday, January 23, 2025, after the close of the market. The company will hold a related conference call and webcast on Friday, January 24, 2025, at 11:00 a.m. EDT. Interested ...
Recent Price Trend in SB Financial Group (SBFG) is Your Friend, Here's Why
ZACKS· 2024-12-12 14:50
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...
SB Financial Group (SBFG) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2024-11-26 14:50
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...
SB Financial Group(SBFG) - 2024 Q3 - Quarterly Report
2024-11-07 19:48
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________to___________________________ Commission file number 1-36785 | --- | --- | |------------------------------------------------------------------------ ...
SB Financial Group(SBFG) - 2024 Q3 - Quarterly Results
2024-10-30 17:30
Exhibit 99.1 SB Financial Group Announces Third Quarter 2024 Results DEFIANCE, OH, October 24, 2024 -- 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. ...
SB Financial Group(SBFG) - 2024 Q3 - Earnings Call Transcript
2024-10-25 17:57
SB Financial Group, Inc. (NASDAQ:SBFG) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants Carol Robbins - Senior VP & Controller Mark Klein - Chairman, President & Chief Executive Officer Anthony Cosentino - Chief Financial Officer Conference Call Participants Brian Martin - Janney Montgomery Operator Good morning, and welcome to the SB Financial Third Quarter 2024 Conference Call and Webcast. I would like to inform you that this call -- conference call is being recorded. And ...
SB Financial Group, Inc. (SBFG) Q3 Earnings Miss Estimates
ZACKS· 2024-10-24 22:50
SB Financial Group, Inc. (SBFG) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.38%. A quarter ago, it was expected that this company would post earnings of $0.35 per share when it actually produced earnings of $0.46, delivering a surprise of 31.43%.Over the last four quarters, the ...
SB Financial Group Announces Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-24 20:15
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 ...
SB Financial Group, Inc. Announces Schedule for Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-04 13:00
DEFIANCE, Ohio, Oct. 04, 2024 (GLOBE NEWSWIRE) -- SB Financial Group, Inc. (NASDAQ: SBFG), a diversified financial services company providing full-service community banking, mortgage banking, wealth management, private client and title insurance services, expects to release its third quarter 2024 financial results on Thursday, October 24, 2024, after the close of the market. The company will hold a related conference call and webcast on Friday, October 25, 2024, at 11:00 a.m. EDT. Interested parties may acc ...