SB Financial Group (SBFG) Surges 8.7%: Is This an Indication of Further Gains?

SB Financial Group, Inc. (SBFG) shares rallied 8.7% in the last trading session to close at $20.40. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 22.5% gain over the past four weeks. Shares of SB Financial Group touched a new 52-week high of $20.53 on Friday. The banking industry is in the spotlight on the back of the recent 50 basis points interest rate cut by the Federal Reserve. As of June 30, 2024, the ...