earnings
confidence high
sentiment negative
materiality 0.65
SB Financial Q3 net income $3.3M, EPS $0.47 (-19% YoY); revenue down 13.2%
SB FINANCIAL GROUP, INC.
2022-Q3 EPS reported
$1.27
- Diluted EPS $0.47 vs $0.58 a year ago; adjusted EPS $0.47 vs $0.56.
- Total operating revenue $14.5M, down 13.2% YoY; noninterest income fell 39.2% to $4.0M.
- Loans grew $29.6M from linked quarter (13.2% annualized); total loans $925.2M, up 9.3% YoY.
- Nonperforming assets improved to 0.40% of assets vs 0.42% a year ago; net recoveries in quarter.
- Bought back 77,326 shares in Q3 at avg $17.27; tangible book value per share impacted by bond portfolio decline.