Core Viewpoint - The sustainability of a trend is crucial for successful short-term investing, and confirming fundamental factors is essential to maintain momentum in stocks [1][2]. Group 1: Trend Analysis - Timing entries into a trend significantly impacts investment success, as trends can reverse unexpectedly, leading to potential losses [1][2]. - A predefined screening strategy, "Recent Price Strength," helps identify stocks with strong fundamentals that can sustain their upward trends [3]. Group 2: Stock Performance - SB Financial Group, Inc. (SBFG) has shown a solid price increase of 28.7% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 6.5% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, SBFG is trading at 88.1% of its 52-week high-low range, indicating a potential breakout [5]. Group 3: Fundamental Strength - SBFG holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 4: Investment Strategy - In addition to SBFG, there are other stocks that meet the criteria of the "Recent Price Strength" screen, providing additional investment opportunities [8]. - The effectiveness of stock-picking strategies can be backtested using tools like the Zacks Research Wizard, which offers insights into successful strategies [9].

分组1 - SB Financial Group, Inc. reported quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.42 per share, but showing an increase from $0.40 per share a year ago, resulting in an earnings surprise of -2.38% [1] - The company posted revenues of $14.31 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.77% and increasing from $13.7 million year-over-year [1] - Over the last four quarters, SB Financial Group has exceeded consensus EPS estimates three times and has also topped consensus revenue estimates three times [1] 分组2 - The stock has gained approximately 28.5% since the beginning of the year, outperforming the S&P 500's gain of 21.5% [2] - The current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $13.8 million, while the estimate for the current fiscal year is $1.52 on revenues of $55.1 million [4] - The Zacks Industry Rank for Banks - Northeast is currently in the top 19% of over 250 Zacks industries, indicating a favorable outlook for the industry [5]

Core Insights - SB Financial Group reported a net income of $2.4 million for Q3 2024, a decrease of 12.4% year-over-year, with diluted EPS at $0.35, which is a 3.0% increase when adjusted for mortgage servicing rights impairment [1][2][3] - The company experienced a 6.8% increase in net interest income, totaling $10.2 million, and total loans rose to $1.03 billion, reflecting a 4.1% increase [1][3][4] - Tangible book value per share increased by 26.0% year-over-year, reaching $16.49 [1][3] Financial Performance - Operating revenue for Q3 2024 was $14.3 million, a 4.5% increase from $13.7 million in Q3 2023 [4][11] - Noninterest income slightly declined by 1.0% to $4.12 million, primarily due to lower mortgage loan servicing fees [8][9] - Noninterest expenses increased by 5.0% to $11.0 million, driven by higher personnel costs and data processing fees [9][10] Mortgage Banking - Mortgage loan originations increased by 15.5% year-over-year to $70.7 million, while mortgage sales reached $61.3 million, a 13.3% increase [5][6] - Mortgage banking net revenue decreased to $1.35 million, down 17.9% from the previous year, largely due to a negative valuation adjustment of $465 thousand [6][8] - The mortgage servicing portfolio grew by 2.9% to $1.41 billion, indicating a commitment to long-term relationships despite market challenges [6][8] Balance Sheet and Asset Quality - Total assets increased by 5.1% to $1.39 billion, with total deposits reaching $1.16 billion, a 6.8% growth [12][13] - Nonperforming loans constituted 0.54% of total loans, up from 0.47% in the prior quarter, with a robust allowance for credit losses coverage at 276.8% [16][17] - Shareholders' equity rose to $132.8 million, an 18.2% increase year-over-year, reflecting retained earnings growth [13][14]

Core Viewpoint - SB Financial Group, Inc. is set to release its third quarter 2024 financial results on October 24, 2024, and will hold a conference call on October 25, 2024, to discuss these results [1][2]. Company Overview - SB Financial Group is a diversified financial services holding company based in Defiance, Ohio, operating through The State Bank and Trust Company and SBFG Title, LLC [3]. - The State Bank offers a comprehensive range of financial services, including wealth management, private client services, mortgage banking, and commercial and agricultural lending, with a total of 23 offices and 23 ATMs across Ohio and Indiana [3]. - SB Financial Group's common stock is traded on the NASDAQ Capital Market under the ticker symbol "SBFG" [3]. Conference Call Details - Interested parties can access the conference call by dialing 888-338-9469 and requesting the "SB Financial Group Conference Call" [2]. - The conference call will also be available via live webcast on the company's investor relations website [2]. - An audio replay of the call will be accessible on the SB Financial Group website following the event [2]. Investor Contact Information - Mark A. Klein serves as the Chairman, President, and CEO, and can be reached at 419-783-8920 [4]. - Anthony V. Cosentino is the Executive Vice President and CFO, available at 419-785-3663 [4].

Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting the need for strong fundamentals and positive earnings revisions to maintain momentum [1][2]. Group 1: Stock Performance - SB Financial Group, Inc. (SBFG) has shown a significant price increase of 45.7% over the past 12 weeks, indicating strong investor interest and potential upside [4]. - The stock has also experienced a price increase of 29.5% over the last four weeks, suggesting that the upward trend is still intact [5]. - SBFG is currently trading at 106.7% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - SBFG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 3: Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like SBFG that are on an upward trend supported by strong fundamentals [3][8]. - It also mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can help in finding potential winning stocks [8].

Company Overview - SB Financial Group, Inc. (SBFG) shares increased by 8.7% to close at $20.40, with notable trading volume compared to typical sessions, and a total gain of 22.5% over the past four weeks [1][2] - The company reached a new 52-week high of $20.53, influenced by a recent 50 basis points interest rate cut by the Federal Reserve [2] Financial Exposure and Risk Management - As of June 30, 2024, SBFG had significant exposure to commercial and residential real estate loans, accounting for almost 75% of total loans [2] - The company has set aside substantial reserves to mitigate potential defaults, particularly in its commercial real estate portfolios, which has led to increased investor confidence in its prospects [3] Earnings Expectations - SBFG is projected to report quarterly earnings of $0.42 per share, reflecting a year-over-year increase of 5%, with expected revenues of $14.2 million, up 3.7% from the previous year [4] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may be influenced by trends in earnings estimate revisions [5] Industry Context - SB Financial Group is part of the Zacks Banks - Northeast industry, where Mid Penn Bancorp (MPB) also operates, with MPB experiencing a 2.3% decline in the last trading session [5][6] - MPB's consensus EPS estimate has remained unchanged at $0.73, representing a year-over-year change of 28.1% [6]

Core Viewpoint - Zacks emphasizes a ranking system focused on earnings estimates and revisions to identify winning stocks, while also considering trends in value, growth, and momentum to find strong companies for investors [1] Value Investing - Value investing is a popular strategy for identifying great stocks across various market conditions, utilizing established valuation metrics [2] SB Financial Group (SBFG) Overview - SBFG has a Zacks Rank of 2 (Buy) and an A grade in the Value category, indicating it is among the strongest value stocks currently available [3] Valuation Metrics - SBFG's Price-to-Book (P/B) ratio is 0.87, which is favorable compared to the industry average of 1.36. The P/B ratio has fluctuated between 0.71 and 0.95 over the past year, with a median of 0.81 [4] - The Price-to-Sales (P/S) ratio for SBFG is 1.39, compared to the industry average of 1.92, suggesting a more favorable valuation based on sales [5] - SBFG's Price-to-Cash Flow (P/CF) ratio stands at 6.72, significantly lower than the industry average of 13.84. The P/CF has ranged from 5.44 to 7.36 in the past year, with a median of 6.22 [6] Investment Potential - The combination of SBFG's strong valuation metrics and positive earnings outlook indicates that the stock is likely undervalued, making it an impressive value stock at present [7]

Core Viewpoint - Value investing remains a preferred strategy for identifying strong stocks, focusing on companies believed to be undervalued based on fundamental analysis [2] Company Summary - SB Financial Group (SBFG) holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating it is a strong candidate for value investors [3] - SBFG has a Price-to-Book (P/B) ratio of 0.83, which is lower than the industry average of 1.28, suggesting it may be undervalued [4] - The company's Price-to-Sales (P/S) ratio is 1.29, compared to the industry average of 1.78, further indicating potential undervaluation [5] - SBFG's Price-to-Cash Flow (P/CF) ratio stands at 6.40, significantly lower than the industry average of 12.70, reinforcing the notion of undervaluation [6] - Overall, the metrics suggest that SBFG is likely undervalued, supported by a strong earnings outlook, making it an attractive value stock [7]

Core Viewpoint - SB Financial Group, Inc. (SBFG) is showing potential for a bullish breakout, having increased by 15.9% over the last four weeks and currently holding a 2 (Buy) rating on the Zacks Rank [1]. Technical Analysis - A golden cross has been identified for SBFG, where the 50-day simple moving average has crossed above the 200-day simple moving average, indicating a potential bullish trend [5]. - The golden cross pattern consists of three stages: a downtrend that bottoms out, the crossover of the short-term moving average over the long-term moving average, and a subsequent upward price movement [4]. - The stock's positive earnings outlook for the current quarter strengthens the bullish case for SBFG, with one upward revision noted in earnings estimates over the past 60 days [3][5]. Market Indicators - The current simple moving averages for SBFG are 14.211 for the 50-day and 14.192 for the 200-day, suggesting a significant technical indicator for investors [3]. - Investors are encouraged to monitor SBFG due to the positive movement in earnings estimates and the critical technical indicator of the golden cross [3].

Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going. However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's import ...