A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. SB Financial Group, Inc. (SBFG) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. Therefore, ...

Exhibit 99.1 Call Participants EXECUTIVES Anthony V. Cosentino Executive VP & CFO Mark A. Klein Chairman, President & CEO Steven A. Walz Executive VP & Chief Lending Officer Sarah Mekus The State Bank and Trust Company ANALYSTS Brian Joseph Martin Janney Montgomery Scott LLC, Research Division Presentation Operator Good morning, and welcome to the SB Financial Second Quarter 2024 Conference Call and Webcast. I would like to inform you that this conference call is being recorded and that all participants are ...

SB Financial Group, Inc. (NASDAQ:SBFG) Q2 2024 Earnings Conference Call July 19, 2024 11:00 AM ET Company Participants Sarah Mekus - Investor Relations Mark Klein - Chairman, President & Chief Executive Officer Tony Cosentino - Chief Financial Officer Steve Walz - Chief Lending Officer Conference Call Participants Brian Martin - Janney Montgomery Operator Good morning, and welcome to the SB Financial Second Quarter 2024 Conference Call and Webcast. I would like to inform you that this conference call is bei ...

分组1 - SB Financial Group reported quarterly earnings of $0.46 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, and showing a slight increase from $0.45 per share a year ago [8] - The company posted revenues of $14.05 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 4.04%, although this represents a decrease from $14.19 million in the same quarter last year [2] - Over the last four quarters, SB Financial Group has surpassed consensus EPS estimates three times [9] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.38 on revenues of $14 million, and for the current fiscal year, it is $1.41 on revenues of $54.3 million [5] - The estimate revisions trend for SB Financial Group is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [12] - The outlook for the Banks - Northeast industry, to which SB Financial Group belongs, is currently in the bottom 41% of over 250 Zacks industries, which may impact the stock's performance [13]

Core Insights - SB Financial Group reported a net income of $3.1 million for Q2 2024, reflecting a 1.2% increase year-over-year, with diluted earnings per share rising to $0.47, a 6.8% increase from $0.44 [14][16] - The company experienced a slight decline in operating revenue of 1.0% year-over-year, totaling $14.0 million, but showed a 7.0% increase from the previous quarter [16] - Total deposits reached $1.12 billion, marking a 4.1% increase from $1.07 billion in the same quarter last year, indicating strong customer trust and effective margin oversight [14][20] Earnings Highlights - Operating revenue for Q2 2024 was $14.0 million, down 1.0% from $14.2 million in Q2 2023 [14] - Net interest income decreased by 1.7% to $9.7 million from $9.8 million year-over-year [14] - Noninterest income slightly increased by 0.6% to $4.4 million compared to $4.4 million in the prior year [20] Loan and Deposit Growth - The loan portfolio expanded to $1.01 billion, an increase of $20.6 million or 2.1% from $984.8 million [14][20] - Total deposits increased by $44.0 million or 4.1% year-over-year, reflecting a strong deposit base [20] - Mortgage loan originations rose by 14.9% to $75.1 million from $65.4 million in the same quarter last year, indicating a strengthening housing market [3] Noninterest Income and Expenses - Noninterest income growth was driven by a 20.9% increase in gains from mortgage sales and a 14.4% rise in mortgage loan servicing fees [2] - Noninterest expenses increased by 3.2% to $10.7 million from $10.3 million in the previous year, primarily due to higher commission costs from increased mortgage volume [20] Asset Quality and Risk Management - Nonperforming loans constituted 0.47% of total loans, up from 0.25% in the previous quarter, but criticized loan categories decreased by nearly 23% year-over-year [22] - The company maintained a conservative risk profile with no loan charge-offs reported, highlighting effective management of loan repayments [20] Balance Sheet Highlights - Total assets increased marginally to $1.34 billion, up 0.06% year-over-year [20] - Shareholders' equity grew by 1.4% to $125.5 million compared to the previous quarter, and 6.6% year-over-year [6]

Interested parties may access the conference call by dialing 888-338-9469 and requesting the "SB Financial Group Conference Call." The conference call also will be webcast live at ir.yourstatebank.com. An audio replay of the call will be available on the SB Financial Group website. Headquartered in Defiance, Ohio, SB Financial is a diversified financial services holding company for the State Bank & Trust Company (State Bank) and SBFG Title, LLC dba Peak Title (Peak Title). State Bank provides a full range o ...

DEFIANCE, Ohio, June 28, 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 second quarter 2024 financial results on Thursday, July 18, 2024, after the close of the market. The company will hold a related conference call and webcast on Friday, July 19, 2024, at 11:00 a.m. EDT. About SB Financial Group In May ...

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 March 31, 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, INC. (Exact name of registrant as specified in its charter) Ohio 34-1395608 (Sta ...

Exhibit 99.1 Call Participants EXECUTIVES Anthony V. Cosentino Executive VP & CFO Executive VP & Chief Lending Of icer ANALYSTS Brian Joseph Martin Janney Montgomery Scott LLC, Research Division Carol M. Robbins Senior VP & Controller Mark A. Klein Chairman, President & CEO Steven A. Walz Presentation Operator Good morning, and welcome to the SB Financial First Quarter 2024 Conference Call and Webcast. I would like to inform you that this conference call is being recorded and that all participants are in a ...

SB Financial Group, Inc. (NASDAQ:SBFG) Q1 2024 Earnings Conference Call April 19, 2024 11:00 AM ET Company Participants Carol Robbins - SVP & Controller Mark Klein - Chairman, President and CEO Anthony Cosentino - EVP and CFO Steven Walz - EVP and Chief Lending Officer Conference Call Participants Brian Martin - Janney Montgomery Scott Operator Good morning and welcome to the SB Financial First Quarter 2024 Conference Call and Webcast. I’d like to inform you that this conference call is being recorded and t ...